This author has not written his bio yet.
But we are proud to say that Kyle Langan contributed 20 entries already.
Edited December 22nd, 2023 by Kyle Langan Exposure Growth and Global Reinsurance Capital: 2022 Results After Hurricane Ian, traditional and alternative capital declined by around 20-25% at 2022’s close, compared to 2021’s close. [1] After adjusting for the interest rate impact of mark-to-market losses on fixed income securities, Swiss Re estimated a “decline in capital […]
December 4-8, 2023 is Older Driver Safety Awareness Week. It serves as a critical reminder of the importance of road safety for our aging population (NHTSA). With longer life expectancies, older adults are more likely to continue driving into their 70s, 80s and beyond. Recognizing challenges such as slower reaction times and medical conditions is […]
Edited November 30th, 2023 by Kyle Langan Accommodation and avoidance of adversarial relationships In the event of a complaint filed against an employer alleging wrongful termination, what are employers’ options to finance this loss? The matter may resolve at mediation, where a settlement is negotiated. Still, wrongful termination is difficult to resolve in low financial […]
Curious to learn new data about the possible outcomes within an entity’s employer-employee relationship? What happens when an employee sues for wrongful termination, and what is your entity’s plan to finance the defense against an allegation like this? Risk domain: Employment Practices Liability Winner: Citibank Loser: Employee Following a hearing in September, Employment Judge Caroline […]
Published November 10th, 2023 by Kyle Langan Connectivity in the world brings digital risks manifested by the use of technology. [1] Risk takers should consider more than just the implementation of technology. Bruce Carnegie-Brown, Lloyd’s chairman says “the global interconnectedness of cyber means it is too substantial a risk for one sector to face alone […]
Published on October 19th, 2023 by Kyle Langan What is the sentiment surrounding non-weather-related water damage from incidents like sudden and accidental leaks? In a sample study, 61% of consumers never heard of an automatic water shutoff device, “despite how effective they can be at reducing water damage” (Hanover, 2023). “One of the most common […]
National Recovery Month 2023 National Recovery Month (Recovery Month) is a national observance held every September to educate Americans that substance use treatment and mental health services can enable those with a mental and/or substance use disorder to live a healthy and rewarding life. Since 1989, Recovery Month has been held to promote and support […]
Published September 8th, 2023 by Kyle Langan Organizations should consider hedging cyber tail risk with insurance. Traditional General Liability insurance contracts do not protect entities from cyber events. Conversely, an effective way to manage this risk is purchasing a specific contract with an agreed payout for covered causes of loss. At the close of 2023 […]
Article published by Kyle Langan August 25th, 2023 Executive Summary: For financial health and longevity, it is vital to understand the costs of risk and their impact on surplus or profitability. This article provides analysis on cash flow for a treatment provider. It may point out factors that typically go unmeasured at times of stress. […]
How would the cyber insurance market react to a catastrophic loss? If rare events play a disproportionately large role in determining the properties of the cyber market, one of these events could send capital providers “running for the hills” (Ayers, 2023). In its report, “Cyber Risk: On the Edge of Insurability,” Conning specifically mentions the […]