August 1st, 2020 – A.M. Best published an article written by Bob Reville, CEO of Praedicat, on COVID-19 liability, Making Waves.
In this article, Bob talks about how COVID-19 may reveal a possible future upswell of liabilities for insurers.
COVID-19 is an emerging liability catastrophe which is only slowly revealing its contours, but we are beginning to see the outline of the first wave of cases. There have been 165 complaints filed in state and federal courts across a range of industries from health care to meatpacking. As time progresses, and narratives of responsibility for the actions evolve, later waves may emerge.
Read Full Article: Here
Over the next year, Praedicat will begin to expand our model across multiple lines of insurance including D&O, workers comp, and environmental liability. Reach out to an account manager to learn more.
Missed our webinars about emerging risks and COVID-19? Watch the first and the second episode of Coffee with Bob, the Praedicat-Intelligent Insurer webinar on the future of risk management, and the first Carrier Management ExecTalk featuring Praedicat, now!
Have questions? Get in touch with one of our Account Manager team members.