What Do You Do With Emerging Interest Risks?

Every emerging risk strategy must begin with a horizon scan. At Praedicat, our strategy is to scan the scientific literature for indications that scientists are investigating a new hypothesis that ...

PFAS Litigation Levels Already at Epic Proportions

Mass litigation is every casualty insurer's worst nightmare, conjuring up memories of the unending flow of asbestos litigation and the devastating effect it had on the industry. Today, though, we're ...

Pandemic Risk: Finding the Opportunity in Liability

Liability insurers frequently use exclusions to help address emerging risks that are viewed as unpredictable, intractable and potentially very large. It comes as no surprise, then, that the emergence ...

Emerging Damage: The Case of Melamine

Emerging risks evolve through three phases: emerging interest, emerging damage and emerging litigation. During the "emerging interest" phase, scientists, regulators or legal scholars first flag the ...

Social Inflation and the Risk of D&O-GL Clash

Social inflation is the primary explanation offered for the need to increase general liability and excess casualty premiums in the last two years. With social inflation, injured parties are more ...

Growing Risk for SME Insurers: Duty to Defend Cats

Until recently, there was a relative lull in new mass tort events in the United States. This led to a sense among insurers that mass litigation was no longer the looming threat that it was in the ...