According to an article in Property and Casualty 360, industry participants list crowd funding as a potential concern for 2013. Insurers expect professional and management liabilities to increase in 2013 by up to 10 percent according to a recent survey quoted in the article.
With increased regulation the majority believe that management liability and professional areas will receive increases.
The affordable care act was another piece legislation which was on the screen for insurance professionals.
23 Percent of survey participants indicated the Jumpstart Our Business Startups Act (Jobs Act) required close scrutiny.
Regarding the JOBS act, those surveyed say they are concerned about reduced compliance and disclosure exposure impacting the D&O market, along with crowd funding and the ability of companies to advertise their private placement offerings.