| National Underwriter's Guide to the E&S/Specialty Lines News |
THIS MONTH'S E&S FEATUREBig-Time Data Breaches A Magnet For LawsuitsWith high-profile cases such as ChoicePoint and TJX acting as a lure, plaintiffs' attorneys are increasingly interested in generating class-action lawsuits for data security breaches. Coverage for data breaches is more popular than ever, but is still evolving. In a panel discussion at the recent PLUS International Conference in Chicago, five experts discussed the exposure environment for data and the best ways businesses can protect themselves against a loss.
RECENT E&S NEWSBrokerage Tackles Architect, Design Risks With Green Building EndorsementAn exclusion for claims arising from representations and warranties—which is contained in most professional liability insurance policies—could present real problems for architects involved in green-building design, warned one insurance brokerage that has taken steps to close that exposure gap. E&O Cover Required For Self-Employed Business, Consultants Errors and omissions policies are not just the purview of the mega-brokers, says one major underwriter, who points out opportunities when small agents review their client lists. Arbitration Program To Expedite Claims For Construction Defects Discussions about a new arbitration program designed to more efficiently resolve inter-insurer disputes over construction defect claims were recently held between two major associations. Airline Market Insurance Price Hardening Continues The airline insurance market continues its swing to hard prices with a 24 percent increase in rates for 26 airline renewals during the month of December, according to a report from Aon.
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