Praedicat News
Are Forever Chemicals a Forever Problem for Insurers?
Much discussion of casualty catastrophe is consumed with talk of the "next asbestos," the $100 billion insurance loss caused by a ubiquitous mineral used for insulation and other products that is now ...
What Is the No. 1 Emerging Litigation Risk? ‘Forever Chemicals,’ Says Praedicat
The top emerging litigation risk identified for the year ahead is PFAS, the so-called "forever chemicals" used in a wide variety of products such as Teflon, Scotchgard, food containers, firefighting ...
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 ...
Lloyd’s Starts Work With Three InsurTechs With Focus on COVID-19 Response
Lloyd's has started work with three InsurTech startups to help the market respond to the COVID-19 pandemic. As part of its package of measures to respond to the COVID-19 pandemic, Lloyd's has ...
The Latest Launches From Praedicat and BHSI
Praedicat is debuting COVI19 litigation scenarios and a COVID-19 litigation tracker designed to help clients manage their exposure on casualty lines of business. Berkshire Hathaway Specialty ...
Fifth-Generation Wireless Technologies: Suspicion vs. Evidence
One of the more surprising recent conspiracy theories to make the rounds of the Internet and social media is that the COVID-19 pandemic is actually a hoax perpetrated by corporations to cover up the ...
Could Declining Fertility Lead to Public Health Litigation?
In January 2016, a 38-year-old man reported to a medical clinic in Iowa for a circumcision and was mistakenly given a vasectomy, rendering him infertile. Late last year, a jury awarded the man $2 ...
Lloyd’s Lab Initiative Spurs New Praedicat Peril Casualty Insurance Product
Praedicat Inc., a Los Angeles-based liability risk analytics software company, said it is developing a new insurance product to help global industrial companies secure coverage for innovative and ...