Advisen Webinar: Specialty Insurance End of Year: Wrap-Up Sponsored by OneBeacon Professional Insurance
Thursday, December 13, 2012 at 11am EST
Year In Review: A look back at the top stories, court cases, law changes and regulatory developments impacting specialty line insurers, brokers and their customers in 2013 and beyond.
Register for this free one-hour webinar at: https://www1.gotomeeting.com/register/665772744
Advisen Topical Report: The Specialty Insurance Market in Review: 2012 Events that will Shape the Market in 2013 and Beyond
Sponsored by OneBeacon Professional Insurance
The risk profiles of many organizations and professionals were significantly influenced by various forces at work throughout 2012. The impact of the subprime mortgage market meltdown and the ensuing credit crisis continued to be felt as new lawsuits were filed and older cases worked their way through the system. The election left the Washington political power structure largely unchanged, meaning that legislation passed in recent years such as the Affordable Care Act and the Dodd Frank Act will continue down the road towards full implementation, with liability implications for many organizations. Data security continued to be a significant concern as cyber criminals became more sophisticated and a new breed of socially and politically motivated hackers - "hacktivists" - demonstrated that virtually no system was immune to their determined assaults.
Specialty line underwriters have had to be flexible and innovative in responding to the changing risk profiles of their customers. This report, The Specialty Insurance Market in Review: 2012 Events that will Shape the Market in 2013 and Beyond, examines the impact of these and other developments on the specialty insurance market, and discuss the longer-term implications for insurance buyers.
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