Law Firm Business Development in the Fall Selling Season
The Labor Day holiday marks the beginning of a natural selling cycle. Children are back in school, summer vacations are fond memories, and workers become more focused on the job. The time period between September and late November represents an...
Start the Panel Counsel Process with a Law Firm Resume
Introducing your insurance defense law firm to a prospective insurance client starts with a professional law firm resume, which serves the same purpose as a personal resume used by a jobseeker. Law firms that wants to attract new business should...
News of Interest to AIG Panel Counsel Law Firms
Validus Re, a catastrophe-focused property reinsurer, is being sold by American International Group (AIG) to RenaissanceRe Holdings Ltd. The transaction, which includes AlphaCat and Talbot’s Treaty reinsurance business, is valued at almost $3 billion and is expected to close later...
Auto Liability Claims Driving in High Gear
Bodily injury, property damage, collision severity and other measures of auto liability claims increased in 2022, according to the 2023 U.S Auto Insurance Trends Report recently published by LexisNexis® Risk Solutions. Specific measures for 2022 auto liability claims are as...
Dog Bite Claims Hit Homeowners Insurance
The cost of a dog bite claim jumped significantly between 2021 and 2022, with the average claim value approaching $65,000 in 2022, up from $49,000 the previous year. Dog bite claims and other canine-related injuries resulted in liability claims under...
Panel Counsel Cybersecurity Considerations
Litigation panel managers at P&C insurance carriers are increasingly focused on the cybersecurity practices followed by panel counsel law firms. This article reviews recent law firm data breaches and identifies industry best practices for panel counsel cybersecurity. Law Firm Cybersecurity...
What to Expect in a Panel Counsel Application
If you are asking how to get on an insurance defense panel, one of the common first steps after you have made your initial introduction is to respond to a Request for Information (RFI) or a Request for Proposal (RFP)....
United P&C Enters Liquidation
All insurance policies issued by United Property & Casualty Insurance Company ("UPCIC") are cancelled as of March 29, 2023, according to the Florida Department of Financial Services. There is one exception for flood insurance policies. The action follows a Florida...
Florida Tort Reform Enacted
Governor Ron DeSantis signed House Bill 837, Civil Remedies, into law on Friday, March 24, 2023. The bill took effect upon signing. This far-reaching Florida tort reform act contains major provisions as outlined below. The federal standard of eliminating attorney’s...
Get on an Insurance Panel in 2023
If you want to become panel counsel for an insurance carrier or self-insured corporation, you have come to the right place! We have helped more than 250 defense law firms in 40+ states with business development campaigns covering all lines...
Cybersecurity Insurance Panel Opportunities
Cybersecurity and data privacy remain a growth area as ransomware and data breaches continue to threaten businesses, healthcare providers, and government agencies on a daily basis. The potential to get on a cybersecurity insurance panel continues to expand since I...
Auto Insurance Premiums Rise with Inflation
Auto insurance carriers are grappling with inflation trends, according to a recent report by the American Property Casualty Insurance Association (APCIA) titled, "The New Normal? Auto Insurers Continue to Struggle with Inflation." With the U.S. inflation rate at its highest...