Tata Consultancy Services (TCS) is a multinational technology company that provides IT services, consulting and business solutions to businesses across various industries. On November 21, 2025, TCS and private equity firm TPG announced that they will invest $2 billion to create a joint venture focused on AI data centers. This is one example of the many...Read More
One of the more challenging issues facing an Architect and Engineering firm is a contractual obligation to defend their clients from third party claims. This is not covered under a Professional Liability practice policy. A&E firms can unknowingly sign new contracts, assuming this contractual obligation and exposing the firm to uninsured defense expenses. There is...Read More
Do your design, engineering, and contracting clients fully understand the value of rectification coverage in their professional liability insurance? What Is Rectification Coverage? Rectification coverage is a first party insurance coverage that helps cover the costs of correcting a defect discovered before it results in a professional liability claim. There are many benefits of...Read More
Personal Cyber is one of the fastest growing products in the insurance industry. In the past 18 months, we’ve seen capacity double, and policy forms become more broad. Some of the largest carriers in the cyber insurance marketplace are trying to capitalize on personal cyber opportunities. This product is quickly becoming a necessary cross-selling opportunity...Read More
Healthcare Staffing Shortages: Impact on Quality Care and Insurance Claims The healthcare industry faces a critical staffing crisis. Since the pandemic, over 100,000 nurses have left the profession, and physician shortages could reach 86,000 by 2036. This shortage stems from increased healthcare demand, an aging population, and an aging workforce, leading to declining care quality...Read More
The Importance of Intellectual Property Insurance In today’s business landscape, intellectual property (IP) is a cornerstone asset, comprising a significant portion of company value; over 84% for S&P 500 firms. As the importance of IP grows, so does the need for intellectual property insurance. It is becoming essential for managing risks associated with IP disputes....Read More
A common mistake made by those who aren’t well-versed in claims-made coverage, and even those who are, is conflating a policy’s Pending and Prior litigation date with the Prior Acts date. The importance of understanding the difference between these two features is significant and can lead to significant E&O claims if not addressed properly. First,...Read More
As of January 6, 2025, Argo has decided to exit the professional liability business sector. Their renewals will be transferred to Core Specialty and Westfield Specialty. Argo Group is exiting the professional lines insurance business due to the inability to achieve profitability aligned with its strategic goals. A portion of the business will be transferred...Read More
ESG and Increased Exposure for Directors and Officers In the fast-evolving landscape of corporate governance and Directors and Officers Liability Environmental, Social and Governance Insurance (D&O) claims have seen a notable surge, with Environmental, Social and Governance (ESG) factors playing a pivotal role. This article discusses what ESG is and how it can increase the...Read More
Trends in Senior Living Communities after the Pandemic During the COVID-19 crisis, senior living communities were greatly impacted by the pandemic. Senior communities were put into survivor mode – as they struggled with virus control, increased mortality, and forcing seniors into isolation from their family and friends. With the heaviest part of the pandemic behind...Read More
