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On June 22, 2017, Senate Republicans revealed their much-anticipated draft bill aimed at repealing/reforming major provisions of the Affordable Care Act (ACA). Senate GOP leadership and the 13-person panel Senate working group have been meeting and working on the draft bill behind closed doors since the House passed its version of the American Health Care Act (AHCA) on May 4, 2017. The Senate has opted to drop the AHCA name and call its version, the Better Care Reconciliation Act of 2017 (BCRA or Better Care Act).

The last thing anyone involved in a sale wants is for pesky insurance requirements to slow down the process with a prospective contract. As a business professional myself, I have a great appreciation for the drive to close the next big deal. We often help our clients negotiate insurance language in contracts to reduce onerous, over-reaching requests and better reflect the reality of the coverage afforded by their insurance policies.

Commercial Automobile Liability is quickly becoming a challenge due to rising claims costs, stemming from heightened frequency and severity of losses. As a result, insurance carriers are analyzing auto exposures more closely and seeking higher rates across industries. There are several factors contributing to rising claim costs and higher automobile losses: more traffic, inexperienced and/or distracted drivers, rising medical and automobile repair costs.