Perspectives on timely and trending topics from our insurance and risk experts.
Following years of soft market conditions in the personal yacht insurance segment, we are now in the midst of an unprecedented market correction. Years of overcapacity, underpriced risks, and the impact of back-to-back hurricane seasons has finally taken a toll.Read more
Since 2002, the frequency of weather events in the US has doubled. There have been significant increases in both frequency and severity in all categories of weather including winter storms, hail, flooding, wildfires, and other catastrophic (CAT) events.Read more
After two of the most destructive years of wildfire losses, the state of California has passed new legislation to support impacted homeowners with their recovery and rebuilding efforts. You may have heard about the new California wildfire insurance legislation in news reports or on social media.Read more
The average personal injury judgment exceeds $1 million. Successful individuals and families own items or participate in activities that often contribute to higher liability risks, and most would need far more than that amount in excess liability protection to adequately secure their assets and future income.Read more
While much of the joy of yacht ownership occurs while on the water, a lot of activity to manage the yacht happens on land. From crew errands to special events, there are often additional exposures present that may not be covered by the yacht insurance policy.Read more
If you’re a wine collector, consider these tips from Neil Kaplan, ESQ., the Managing Partner of Cork Counsel, and Charles Curtis MW, the Founder of WineAlpha.Read more
In our recent Family Office Benchmarking Study, we found that more than three-quarters (78%) of family office clients have some type of domestic employee.