An easing of conditions in the retrocession market has helped to bolster capacity in advance of the January 1st 2025 reinsurance renewals, resulting in a situation where capital was more than adequate to meet growing client demand, broker Aon has said today.Overall, reinsurance capital providers showed greater flexibility to buyers after a second year in … Read more
Building on our recent article about the basic elements of claim validation in the Washington workers’ compensation system, let’s explore a subject that can be particularly frustrating for employers: pre-existing conditions. Understanding Pre-Existing Conditions in Workers’ CompPre-existing conditions can complicate the assessment of workers’ comp claims by … Read more
AI-generated image by DALL-E 3 (through Microsoft Copilot) based on Gabriele Cifrodelli’s prompt: ‘Terms and Conditions on a cracked computer screen’ Although large, general purpose AI (GPAI) or “foundation” models and their generative products have been around for several years, it was ChatGPT’s launch in November 2022 which captured the public and media’s imagination as … Read more
Case C-326/22 Z arose regarding Article 16(1) of Directive 2008/48/EC on consumer credit and the right to early loan repayment, which provides consumers with a right to repay their loan early and to the costs of the loan reduced accordingly. The facts Six consumers assigned to Z their claims regarding 15 consumer credit contracts that were repaid early, who … Read more
A number of international challenges pose a big menace to sustaining comfortable market situations for Administrators and Officers (D&O) legal responsibility protection, in line with the newest report on the sector by Allianz. An inventory of salient dangers and traits to watch throughout 2024 spans numerous areas, together with: Macroeconomics, Geopolitical, Generative AI (GenAI), Environmental, … Read more
