Reviewing 2023: Highlighted PLUS Content of the Year

As 2023 comes to a close, we’re revisiting some of the most popular content PLUS has published this year. Join us as we reflect on and celebrate the standout articles that shaped the narrative, offering insights, inspiration, and a snapshot of the diverse topics that captivated our readers. From thought-provoking analyses to engaging stories, this compilation showcases the best of our content, providing a comprehensive overview of the year’s highlights. Dive into the world of ideas and perspectives that defined professional liability in 2023.

Top 5 Written Blog Posts:

Lawyers Professional Liability Claims Trends

Written by: Matthew Henderson-Hinshaw & Culbertson LLP, Albert Roberts-Berkley Select, and Jeffrey Yao-Berkley Select

With so many new concerns in lawyers professional liability (LPL) claim trends it is important for anyone working within this market to stay in the know. Berkley Select recently hosted a session with Al Roberts, Vice President of Underwriting, Jeff Yao, Chief Claims Officer, and Matt Henderson, Partner at Hinshaw & Culbertson, LLP answering questions about trends they are seeing in claims in the LPL space. Check out this blog post for the top takeaways from their discussion.

Employment Practices Liability: Trends in Coverage, Claims, and Risk Management

Written by: Venecia Snaith-Ullico Casualty Group, LLC

This exploration navigates the diverse scope of EPL coverage, addressing claims related to discrimination against protected classes, wrongful termination, retaliation, harassment, and other employment issues. Uncover the distinctive features of EPL policies, including potential extensions for third-party discrimination claims.

Understanding Evolving Data Breach Reporting Obligations and Your Insurance Coverage

Written by: John Butler-CNA, Steve Stranksy-Thompson Hine LLP, and Thora Knight-Thompson Hine LLP

Any lawyer, consultant, and insurance provider involved in the cybersecurity field should be deeply familiar with personal data breach reporting obligations. In particular, every U.S. state has enacted a data breach notification law that requires organizations to provide notice of certain types of data privacy incidents to the individuals whose personal data has been compromised. The federal government has also imposed similar obligations on businesses within certain sectors (e.g., health care, financial). These laws are based on the common understanding that the earlier an organization notifies individuals that their personal data has been compromised, the earlier the individuals can implement security measures to better protect themselves from identify theft and other harm.

Analysis of Securities Class Actions by ESG Risks

Written by: Hesaam Aslani-Capgemini, Mohammadreza Iman-Capgemini, Jonathan Zwi-Capgemini, Jason Preciado-Capgemini, and Cameron Raynie-Capgemini

Join us as we explore the evolving landscape of D&O underwriting and delve into the nuanced interplay of environmental, social, and governance (ESG) factors influencing the contemporary dynamics of securities class actions.

AI in Healthcare: Risks and Benefits for Medical Professional Liability

Written by: Paul Greve-Markel

Explore the transformative landscape of healthcare in this blog post, delving into the profound impact of Artificial Intelligence (AI) on global healthcare delivery. The blog also explores the emergence of new MPL risks associated with the integration of AI, offering insights into how these challenges can be managed and insured in this era of healthcare innovation.

Top 4 Podcast Episodes:

Demystifying NFTs Episode 1

In Demystifying NFTs Episode 1, Alice Budge of SR International is joined by Jennifer Stivrins and Vito Marzano of Kissel, Straton & Wilmer to discuss the super-basics of NFTs. What are NFTs? How do they work? And how are they valued? Our speakers have a spirited conversation about why we should care about NFTs and preview topics for future episodes as well, including how they expect NFT exposure to factor into liability underwriting in the coming years.

Managing Cybersecurity Threats in 2023 Episode 3

In this episode of Managing Cybersecurity Threats in 2023, our host David Shannon of Marshall Dennehey is joined by Brendan McGann of Arete to discuss mid-year data breach trends. From increased ransom demands and paying for data deletion, to an uptick in breaches within the professional services industry, David and Brendan analyze what’s happened so far in 2023 and trends they anticipate will lead us into 2024.

Managing Cybersecurity Threats in 2023 Episode 1

Cryptojacking is an emerging cybercrime in which another party’s computing resources are hijacked to mine cryptocurrency. Also referred to as malicious cryptomining, cryptojacking lets hackers mine cryptocurrency without paying for computing power, hardware and other mining resources. This podcast will explore this latest cybercrime and related risks for carriers and their insureds; and how insurers are responding.

In the Boardroom with Resnick and Fuller Episode 5

In this episode, Stephanie and John discuss the broad topic of banks and banking and how corporate boards and officers should think about their banking options in light of the recent collapse of Silicon Valley Bank and fears of the potential for similar collapses. They are joined by Chris Pippett, a Fox Rothschild Partner who chairs the firms Financial Services Industry Practice Group and frequently advises banks and other financial institutions on corporate governance issues. This wide-ranging discussion will touch on best practices for companies and boards, including knowing your bank and its position; diversifying banking relationships; the components of conducting due diligence; and how to think about risk management as it applies to a company’s banking choices.

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