In case you missed our live presentation on Thursday, May 25, 2023:  Recording

Moderated by Genesis 

Moderator:

John Toi, Executive Underwriter, Genesis

Panelists:

Dan Greensweig, Administrator of the League of Minnesota Cities Insurance Trust (LMCIT)

Steve Brewer, Partner, Benchmark Analytics

Summary:

Law enforcement liability and hard market trends continue to put upward pricing and capacity pressure on public entities and risk pools across the country.  At the Genesis Client Forum in 2022, Dr. John Rappaport, JD and Professor of Law at the University of Chicago, and Steve Brewer, Partner at Benchmark Analytics shared insights from their research in the session: “Policing in Today’s Communities: A Look at the Trends.”

This webinar, “Can We Prevent the Next Critical Incident?” follows up on that research.

Dan Greensweig, Administrator of the League of Minnesota Cities Insurance Trust (LMCIT) sought to closely analyze police liability and Workers’ Comp / PTSD claims to answer the question:

Why do some agencies have up to 60% fewer critical incidents, officer injuries or accidents than other agencies of similar size, serving similar communities, across Minnesota?

In an effort to answer this question and to help its member agencies keep officers safer and improve community outcomes, LMCIT embarked on a research program with Benchmark Analytics.

In this webinar, participants will:

• Learn about LMCIT’s program and what the research reveals about evidence-based practices that reduce officer incidents and injuries.
• Hear perspectives from work with Police Chiefs and City Administrators who successfully implemented these practices, their learnings and keys to success.

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In case you missed our live presentation on Tuesday, November 15, 2022: Recording

Host:

Regina B. Pettus, Vice President, Sr. Underwriting Executive, Genesis

Speakers:

Bill Wilt, President, Assured Research
Alan Zimmerman, Managing Director, Assured Research

Summary:

During this webinar, Assured Research provided an update on trends in economic and social inflation. Economic inflation, as Assured Research described, appears to be transitioning from "flexible" to "sticky" inflation, or in insurance vernacular, from 1st party to 3rd party lines of insurance. This webinar focused on trends in the major components of liability awards and in particular, pressures on medical inflation. An update was also provided on social inflation, which included recent data gathered that examined trends in the disposition of legal cases since the start of the pandemic. There is potentially good news here, as Assured Research shared, though the ingredients for a reacceleration of social inflation remain firmly in place.

Click here for presentation pdf: Current Trends in Economic & Social Inflation