What line of insurance holds something new or exciting for 2017?

“New EPLI concerns, such as employee use of medical marijuana in the workplace as it relates to the American Disabilities Act. Other issues include cellphone use after hours, email, and expenses. All of these issues raise interesting fact patterns with regard to the duty to defend and indemnify.”

—Keith G. Bremer, Partner, Bremer Whyte. CLM Member since 2015.

“Workers’ compensation is likely to see change due to the ongoing discussions about benefits and costs and whether opting out makes sense. Changes will happen no matter what, but claims professionals are still empowered to ensure the injured workers have the best possible claims experience.”

—Darrell Brown, EVP & Chief Claims Officer, Sedgwick CMS. CLM Fellow since 2012.

“Though not yet widely used, insurance is available in Florida that protects a party against adverse results under the fee-shifting provisions of Florida’s proposal for settlement statute. We are exploring the policy’s possible effects on both sides of litigation.”

—Jane Anderson, Shareholder, Boyd & Jenerette. CLM Member since 2007.

“The continued growth and utilization of the sharing economy (e.g., Uber, Airbnb) will lead to the introduction of new policies and endorsements that address the unique issues that arise from the sharing economy.”

—Stephen M. Murphy, Shareholder, Sandberg Phoenix & Von Gontard. CLM Member since 2012.

28

Number of states and Washington, D.C., that have legalized medical marijuana use.   

Source: ProCon.org

$29 Billion

Estimated growth in premium worldwide for the cyber insurance market by 2025.

Source: Allianz

79%

Percent of U.S. workers who have a positive view of working remotely after business hours. 

Source: Gallup

10

Number of lines expected to see a rate decrease in 2017, with six increasing and seven remaining flat. 

Source: Willis Towers Watson

80%

Percent of potential reduction in accident frequency per auto by 2040 due to driverless vehicles. 

Source: KPMG