All the headlines from our Liability Topic Page, ordered by recency.
Oct 23 2023 // Acuity and Progressive Specialty Insurance Co. disputed who should pay after a 16-year-old boy borrowed a friend’s car and crashed it into a utility pole in Streetsboro, Ohio.The driver was insured by Acuity through...
Oct 23 2023 // ATLANTA (AP) — A medical sterilization company has agreed to settle nearly 80 lawsuits alleging people were exposed to a cancer-causing chemical, ethylene oxide, emitted from its plant outside of Atlanta.Details of...
Oct 19 2023 // This edition of International People Moves details appointments at Lockton in London and Markel Australia.A summary of these new hires follows here. Lockton Taps Aon Veteran Guffanti as Head of Continental EuropeLockton,...
Oct 19 2023 // Prime Insurance Company Names Schlueter SVP, Healthcare Professional LiabilityPrime Insurance Company, headquartered in Chicago, Ill., named Bart Schlueter as senior vice president and head of healthcare professional...
Oct 19 2023 // Johnson & Johnson said it is weighing a third attempt to use bankruptcy for an $8.9 billion settlement of tens of thousands of lawsuits that allege tainted talc in the company’s baby powder caused cancer.Erik...
Oct 19 2023 // A driver who suffers a sudden medical emergency and crashes into another vehicle may be held liable for the accident even if never diagnosed with the condition or never advised not to drive.If the driver knew or should...
Oct 17 2023 // “Yesterday was my son’s 12th birthday but he didn’t spend it unwrapping presents or gorging on ice cream and cake. Most of our evening was spent solemnly observing unspeakable horror and devastation as...
Oct 16 2023 // This edition of International People Moves details appointments at WTW and QBE Europe.A summary of these new hires follows here. WTW Risk & Broking Names Marsh’s Powell as Chief Claims OfficerWTW, the advisory,...
Oct 16 2023 // For many people, the outdoor grilling season is about over. Notice that I said “grilling” season and not “BBQing” season. Being a Southerner, we know that outdoor cooking is known as...
Oct 13 2023 // Big multistate operators often get the bend-over-backward treatment from all service providers, but what are insurance brokers looking to get the same treatment for their small-to-midsize client to do?It turns out,...
Oct 11 2023 // Small businesses may be growing their revenue, but the vast majority – 75% – are not adequately protecting themselves and their assets.Small businesses are an essential part of the US economy, with 56 million workers...
Oct 5 2023 // Coalition’s Executive Risks Insurance Now Available On Surplus Lines PaperCoalition announced its executive risks insurance products are now available on surplus lines paper, making comprehensive management liability...
Oct 4 2023 // Just two days before his criminal trial started this week in federal court in New York, FTX Trading founder Sam Bankman-Fried filed suit in federal court in California against his excess insurance company seeking payment...
Oct 4 2023 // Underwriting losses in U.S. commercial auto have returned to pre-pandemic levels and rate increases have not been enough to keep up with severity trends.“The liability component has been more problematic than the...
Oct 3 2023 // Berkshire Hathaway Specialty Insurance (BHSI) announced it has promoted Angela Meyer to head of Product Liability in North America. She was previously head of Life Sciences in North America.Meyer joined BHSI in 2014 as...
Oct 2 2023 // Vantage Group Holdings Ltd., the Bermuda-based insurer and reinsurer, has extended its Contractors Pollution Liability (CPL) and professional liability offerings to environmental contractors and consultants, expanding the...
Oct 2 2023 // The hospitality industry has entered a new chapter.For those who weathered the recent near collapse of the sector, the American Hotel & Lodging Association entered 2023 with optimism that hotel room demand would...
Oct 2 2023 // Wanted in South Carolina: $1 million in liquor liability coverage at an affordable premium to prevent closure of establishment.That’s the type of advertisement one can imagine bars and bistros across the Palmetto...
Oct 2 2023 // Total U.S. surplus lines direct premiums written (DPW) rose by 19.2% to reach a record $98.5 billion in 2022, marking a five-year streak of double-digit growth rate increase, according to a new AM Best report.Best’s...
Sep 28 2023 // RT Specialty, the wholesale distribution division of Ryan Specialty (NYSE: RYAN), a leading international specialty insurance firm, announced its continued expansion of RT Connector, which provides digital solutions for...