The Scoop - August 2024

Read RT ProExec's collection of notable articles from across the industry.

• IN THE SPOTLIGHT: Cyberattacks on businesses are more frequent than ever. The RT ProExec Spotlight explains why all companies, big or small, should have a response plan in place.
• Could your company become the victim of a cyberattack? A new study finds that 75% of U.S. companies are vulnerable.
• A cyberattack on CDK Global disrupted U.S. car sales. A ransomware gang called BlackSuit is behind it.

• Will AI claims lead to the next wave of D&O litigation? The SEC is investigating AI claims,
  and at least one class-action lawsuit has already been filed.
• Could AI usage in hiring lead to allegations of discrimination? Here’s why HR professionals should be cautious.

• IP litigation can be costly for business. Here’s how insurance can control risks and costs while supporting innovation and business growth.

• The D&O market has softened, but are current prices sustainable? Here’s what’s happening and why some are concerned.
• Is it time to update your management liability strategy? Review the Private Management Liability 2024 report from Munich Re to see what’s changing.

• Exciting news! Ryan Financial Lines has unified operations and expanded the ability to quote international financial institutions and professional indemnity with a new international facility.

• The FTC’s ban on noncompete clauses has met significant legal challenges. Here’s where it stands for now.
  
  

The materials linked herein are authored by sources external to RT ProExec and its accuracy, completeness and relevance has not been independently verified by RT ProExec. The information is provided “as is” and without warranty of any kind. These articles are intended for information purposes only and is not a substitute for professional advice. Any questions should be discussed with a licensed insurance professional.

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