Amwins introduces excess casualty program for public entities

From equipment theft to chemical exposure, the lawn care industry is not without its fair share of risks. Lawn care companies typically face three primary risks: general liability, commercial automobile exposure, and worker safety. Protecting your lawn care business from risks is not just about compliance—it’s about ensuring long-term success. By understanding common industry risks…

“A decade ago, 10-year policies were common. Five years ago, five-year terms were easy to secure,” she said. “Now, many carriers limit policies to three years, or even just one year in some cases. This shift stems from growing uncertainty – insurers want the flexibility to reassess risks annually, accounting for changes in regulations, climate,…

For many firms, she explained, these transactions become a catalyst for reassessment. The average deal size in 2024 hit $792 million, according to Travelers’ data. With deals of that magnitude, companies are under pressure to scrutinize every function, including insurance.   Source link

“We have delivered good growth, solid underwriting margins, and a strong balance sheet – a combination that continues to support excellent returns and more predictable outcomes. These are important indicators that our business is working – for customers, for shareholders, and for our people,” he said. Source link

How can the industry break down barriers? Source link

The case, Elutia Inc. v. Medtronic Sofamor Danek USA, Inc., stems from a January 24, 2019, Tissue Product Supply Agreement. Under the contract, Elutia agreed to supply FiberCel, a bone matrix product, to Medtronic for distribution. In June 2021, a single lot of the product was recalled after allegations that it caused patients to contract…