Lynda A. Bennett, Heather Weaver, and Josh Weisberg of SterlingRisk continue their year-end conversation about what changed in the insurance recovery space in 2024 and what to expect in 2025. Lynda, Heather, and Josh anticipate rate relief and broader coverage in cyberinsurance, provided that companies can show that they have good risk control measures in place. They also expect this year’s Crowdstrike event to affect contingent business income coverage, high jury verdicts in personal injury cases to drive up both costs and exclusions in excess casualty insurance, and the new administration in Washington, DC, to have an impact on the insurance space generally.
Speakers:
Lynda A. Bennett, Partner and Chair, Insurance Recovery
Heather Weaver, Counsel, Insurance Recovery
Josh Weisberg, Chief Risk Officer, SterlingRisk
