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New Triple-I Issue Brief Puts the Spotlight on Georgia’s Insurance Affordability Crisis

Triple-I: Homeowners Insurance

Tort reform is discussed as a legislative solution to the challenge of legal system abuse excessive policyholder or plaintiff attorney practices that increase costs and time to settle insurance claims. Injury claim severity in the state is slightly higher than in the rest of the country.

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Blog Post: April Fool’s-Proof Coverage: Manage Construction Risks Through Commercial General Liability Insurance

LexisNexis

Indemnity and Other Risk Allocation Mechanisms in Commercial Leases Examine common considerations concerning the use of indemnity provisions in a lease as a method to allocate among the parties the risk of claims for injury or damage to third parties related to the leased premises and adjacent areas.

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Blog Post: Construction Defect Litigation: Key Insurance Issues

LexisNexis

This practice note discusses project delays due to defects or deficiencies, poor coordination or communication with the owner or other members of the design/construction team, or the discovery of defects during or after the project, as well as claims involving construction accidents or personal injuries that occur within the construction area.

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Blog Post: Construction Defect Litigation: Key Insurance Issues

LexisNexis

This practice note discusses project delays due to defects or deficiencies, poor coordination or communication with the owner or other members of the design/construction team, or the discovery of defects during or after the project, as well as claims involving construction accidents or personal injuries that occur within the construction area.

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The Insights You Need for A Strong Finish to 2024

Zywave

But beyond just the employee benefits, the workers’ compensation and general liability markets are also feeling the pinch of increased medical costs. In the first quarter of 2024 alone, global natural disasters were estimated to have cost $17 billion in insured losses.

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Blog Post: Caught in the Long Tail: Single-Year, Multi-Year, and Multi-Policy Insurance Disputes

LexisNexis

Read now » Related Content Allocation of Latent Injury and Damage Claims State Law Survey Examine the method used across the 50 states and the District of Columbia for allocating damages for latent bodily injury and property damage claims, sometimes called long-tail or continuous injury or damage claims.

Policy 40
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Emerging Property Insurance Trends 2024

Property Insurance Centre

Rates for general liability, commercial auto, and umbrella/excess liability continue to increase, albeit at a reduced pace. Social inflation and rising claim costs are top concerns for liability insurers. Over the past 23 consecutive quarters, liability rates have seen steady increases.