The Scoop - June 2024

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

• Telemedicine has paved the way for new mental health treatments involving ketamine and psilocybin. This RT ProExec Spotlight explores new liability exposures created by emerging therapies.
• New market intelligence indicates that the medical malpractice insurance segment could grow by more than 13% between 2023 and 2030.

• Many corporations are adopting AI, and it could lead to new ethical, regulatory and cyber exposures for directors and officers.
• Wondering about the current state of the D&O market? RT ProExec’s Rachelle Best recently shared her observations with Business Insurance.

• Tenant discrimination complaints have increased as tensions heat up over property owner rights versus squatter rights, increasing the need for caution among real estate professionals.

• The leader of the ransomware gang LockBit has been identified and charged, and he could face a sentence of 185 years in prison.
• Direct written premiums for standalone cyber coverage declined for the first time in 2023. Here’s what’s happening now, and some projections for the future.

• Why do EPLI claims cost 41% more in California? This Claims Intelligence Series report from AIG shows how California laws impact employment practices liability.
• After terminating the CEO over allegations of improper relationships, a pharmaceutical development company is facing a class action lawsuit.

• Is social inflation a myth? Some industry pundits argue that it’s driving up insurance costs, while others believe it’s not really happening. Here’s a look at the controversy.
  
  
  

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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