When the book is closed on 2019, it will be remembered by many risk managers as the “hardest” insurance market in years. While the effects of a hardening market have been more pronounced in some sectors and magnified for specific coverages, policyholders across the board have experienced increases in premiums, reduced capacity, and more restrictive terms in all lines. These adverse market conditions have appropriately prompted many insureds to develop new strategies for renewals in 2019 and in the year ahead. Equal attention should be paid to the pursuit of outstanding claims. Effective claims management can not only increase recovery for the policyholder in the short run but may also influence future underwriting and the impact of continued hardening in markets over the coming year. Here are five tips for policyholders to increase recovery of claims in the current hard insurance market. Provide Timely Notice Of Claims & Continue To… Continue Reading
Registration now open! Insurance professionals and counsel are invited to attend our 4th Annual Texas Insurance Academy Conference on October 24, 2019, at the Haynes and Boone office in Dallas, Texas. Attendees can expect to learn from risk managers, coverage counsel and brokers about important insurance issues affecting businesses from a broad range of industries. Our experienced panels will share their knowledge on how to navigate through a hard market, including: • State of Play: Hardening Insurance Markets • Factors Driving the Hardening Market • Top 10 “Don’ts” When Negotiating Your Policy • Important Developments in Texas Insurance Law • Strategies for Dealing with the Hardening Market • A Look at Future Risks Date: Thursday, October 24, 2019Time: 7:45 a.m. – 4:30 p.m.Location: Haynes and Boone, LLP, 2323 Victory Avenue, Suite 700, Dallas, TX 75219 Register HereAgenda For more event information please email Patricia Kirven. About the Texas Insurance Academy: The… Continue Reading
SAVE THE DATE! Insurance professionals and counsel are invited to attend our Texas Insurance Academy 2020 Virtual Webinar, where they will learn from risk managers, coverage counsel and brokers about important insurance issues affecting businesses from a broad range of industries. Our experienced panelists will share their knowledge on the issues faced during this unprecedented year and explore creative pathways to handle risk in the future. December 3, 2020 AGENDA Recovery for COVID-19 Related Business Losses: Latest Case Developments 10:00 a.m. – 11:00 a.m. CT New court rulings come out weekly. Stay abreast of the latest court decisions across the country on insurance recovery for COVID-19 related business losses and understand what prompted favorable policyholder decisions. Speaker: Ernest Martin – Partner – Haynes and Boone ________________________________________ Alternative Risk Finance Techniques 11:00 a.m. – 12:00 p.m. CT As a result of the challenges risk managers and in-house counsel are facing in this… Continue Reading
We are pleased to welcome Board Members of the Texas Insurance Academy to the Haynes and Boone Dallas office. Please join our Texas Insurance Academy LinkedIn Group.