"Emerging Trends and the Wholesale Insurance Market: How the Industry is Adapting
Settlement demands are rising, driven by a plaintiff's bar that is backed by deeper resources and better coordinated strategies.
Attorneys are targeting sports injuries, molestation and other issues, increasing the frequency and severity of higher-ed claims.
Courts have been slow in returning to full speed. Meanwhile, defense counsel have been learning how to adapt their approach to meet today's changing social expectations.
Many wholesale brokers are working directly with insureds, utilizing their subject matter knowledge and access to insurers.
Specialty insurers are drawing from the sectors they insure for claims and underwriting expertise.
