Financial institutions have rebounded and are stronger overall since the subprime loan crisis more than a decade ago, and nonbank lending has emerged as a high-growth business. Even though capacity for financial institution risks remains plentiful, some insurers have become more conservative in their appetites for certain classes and sizes of business. While certain accounts are seeing higher premiums rise due to increased exposure, some new market entrants are pricing accounts aggressively low. What does all this mean for retail agents? Financial institution clients need help to navigate a complex marketplace to obtain the best coverages and pricing.

For hedge funds, protecting assets under management is a tall order in an environment where increasing liability exposures can erode them. Being subjected to costly lawsuits has become a cost of doing business. CRC offers expert insights on why D&O and E&O insurance are important tools to protect hedge funds.