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| This newsletter contains updates on the latest NFP and industry resources related to the
Property and Casualty industry. | | |
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| NEW RESOURCES | | |
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| | | | | The first quarter of 2021 brought increased challenges to the insurance market. This was especially true for management and professional lines. In our latest quarterly publication, we examine litigation and risk activity and the underlying legal trends underscoring this activity. We invite you to read more and learn how these challenges and the changing legal landscape may affect your business.
Click here to learn more. | |
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| When Ships Run Aground » | | | | An accident in a major marine thoroughfare underscores the importance of understanding insurance contracts. | |
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| Transporting Hazardous Materials Part 1: The Ebbs and Flows of Commodity Interests » | | | | Counterparty default, force majeure, international conventions and environmental risk are terms found in standard trading and terminating agreements. These terms obligate parties to perform. Should they not, indemnity obligations ensue. Failure to honor indemnity obligations results in counterparty default. To complicate matters further, international trade conventions limit the harmed parties' liabilities and assess the negligent parties additional liabilities. When you couple these events with an environmental release, commodity interests are exposed to a disproportionate share of risk, much of which is insurable. This article discusses elements of environmental risk commodity interests face when using common carriers and risk mitigation techniques. | |
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| CLIENT TRAINING | | |
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| | | | | Join us for a frank discussion from the front line of a ransomware incident. We’ll discuss a recent incident from discovery, to decryption. Find out what you need to know about weathering a ransomware attack and why simply paying the ransom may not be a solution. You’ll learn how to avoid what one client called the “worst day” of their 20 year career. When: April 29, 2021 from 3:00 p.m. ET | | | |
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| Archives | | | | Webinar recordings and a copy of the slides will be sent via email to call registrants and participants within 48 hours after the webinar and will be posted to the NFP.com Latest Insights page. | |
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| VIDEOS / PODCASTS | | |
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| NFP’s latest videos and soundbites can now be found on YouTube. Check out our channel here. | | |
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| | | | | Have you ever wondered how athletes or professional sports teams get their insurance? Leigh Ann Rossi, SVP of NFP, shares her experiences around how athletes, teams, leagues and other areas of the sports and entertainment industry manage their insurance needs. Leigh Ann talks about the nuanced role insurance plays with possible trades and contracts and how thinking about this sector can help agents and brokers take a different approach to gauging risk. | |
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| IN THE NEWS | | |
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| GOOD NEWS | | |
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| CORPORATE BENEFITS / INDIVIDUAL SOLUTIONS | | |
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| Interested in updates on NFP’s other lines of business? | | | | |
| 4/19/21 21-FPC-GEN-GEN-0008 This information has been provided as an informational resource for NFP clients and business partners. It is intended to provide general guidance, and is not intended to address specific risk scenarios. Regarding insurance coverage questions, each specific policy must be reviewed in its entirety to determine the extent, if any, of coverage available for the impact of the Coronavirus. If you have questions, please reach out to your NFP contact. | |
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