Cyber and umbrella insurance premiums again soared in the second quarter of 2021, according to The Council of Insurance Agents & Brokers’ Commercial Property/Casualty Market Index. Property/casualty insurance lines in the U.S. increased for the 15th consecutive quarter. The CIAB survey…
By Fred Schulte | KHN.org Cristina Martinez’s spinal operation in Houston was expected to be routine. But after destabilizing her spine, the surgeon discovered the implant he was ready to put in her back was larger than he wanted to…
PCF Insurance Services (PCF) announced a strategic partnership with James & Gable Insurance Brokers (James & Gable) and Chivaroli & Associates (Chivaroli). Both agencies are based in California and specialize in property and casualty insurance for healthcare organizations. This partnership…
Insurers that offer protection from cyberattacks are increasing prices to unseen levels following 18-months of ransomware attacks that have impacted critical infrastructure among many targets. Since insurers offered cyber policies in the late 1990s, they’ve typically made large profits, according…
The recent ransomware disruption of the Colonial Pipeline and meat-packer JBS highlights the ongoing problems caused by cyberattacks. One prominent reason for the increase in attacks is that more companies are paying the ransom, according to experts. And cybercriminals are taking…
By Noam N. Levey | KHN.org As the covid crisis wanes and life approaches normal across the U.S., health industry leaders and many patient advocates are pushing Congress and the Biden administration to preserve the pandemic-fueled expansion of telehealth that…
By Bernard J. Wolfson | KHN.org In April, San Francisco-based primary care company One Medical revealed an eye-popping compensation package for its chief executive and chairman, Amir Dan Rubin. His $199 million payday, particularly noteworthy at a company that has yet to…
The growing threat over retirement litigation has many fiduciaries looking to outsource plan investment responsibility. The number of Employee Retirement Income Security Act (ERISA) lawsuits grew in 2020, and that momentum is not likely to slow down in 2021, according to…
Retirement plan fiduciaries continue to face substantial exposure as a wave of excessive fee lawsuits continues. Historically excessive fee suits targeted the largest organizations, with tens of thousands of participants and billions of dollars in plan assets. Lately, smaller retirement…
Companies in the market for cyber insurance should expect higher prices for the foreseeable future, according to recent analyses. Professional services firm and insurer Aon predict cyber insurance prices will rise between 20% and 50% during the rest of 2021….
