All the headlines from our Liability Topic Page, ordered by recency.
Jun 2 2023 // Update: 3M Granted Delay in ‘Forever Chemicals’ Trial to Negotiate Settlement3M Co. struck a tentative settlement of at least $10 billion over water pollution claims tied to “forever chemicals,”...
Jun 2 2023 // A recent report by the Medical Professional Liability Association shows the medical professional liability insurance sector’s combined ratio improved from 108.1% in 2021 to 102.2% in 2022 – marking the...
May 31 2023 // The US Supreme Court turned away an appeal from victims of child pornography who claimed Reddit Inc. knowingly facilitates and benefits from images of child sexual abuse.The justices without comment left in place a ruling...
May 25 2023 // Lockton Adds Intellectual Property Experts to Transaction Liability PracticeLockton has hired Jason Sandler and Craig Taylor to its intangible asset and contingent liability practice, a division within its broader...
May 25 2023 // A bankruptcy judge is allowing current and former officials with the parent company of Silicon Valley Bank to tap into the $210 million in insurance coverage available through directors and officers liability policies to...
May 24 2023 // When federal enforcers alleged in 2015 that New York surgeon Feng Qin had performed scores of medically unnecessary cardiac procedures on elderly patients, they decided not to pursue a time-consuming criminal case.Instead,...
May 22 2023 // John Kuhn is now senior vice president, management liability and head of large public at Ascot.Ascot said Kuhn will lead the development and execution of Ascot’s large public D&O strategy, with a focus on...
May 22 2023 // Direct premium written through the delegated underwriting authority enterprises (DUAE) market in the United States continued its significant growth rate in 2022, increasing by 13.8% to $67.6 billion, according to a new...
May 22 2023 // A shortage of workers in the restaurant industry is leading to more expensive and complex claims in workers’ compensation even as claim frequency declines, according to a recent report and webinar.Marsh recently...
May 22 2023 // Claims made insurance policies have existed for a long time. For specialty line insurance policies, such as directors and officers liability, professional liability, cyber liability etc., they are the most common type of...
May 22 2023 // Spectator Safety, Natural Catastrophes, Rising Costs Top Concerns TodayAs theater shows and live events return to full force this year coming off pent-up demand, underwriters are placing extra scrutiny on safety, resulting...
May 18 2023 // The US Supreme Court left in place a broad liability shield for social media companies for content posted by users, insulating Twitter Inc., Facebook Inc. and Google LLC from claims that they provided assistance to Islamic...
May 17 2023 // NOTE: This is an excerpt from a longer article on IJ. Here’s the full article.When it comes to firearms and insurance, we can look at them in two ways. First, as items of personal property, in which case, in general,...
May 17 2023 // It seems almost weekly there is a story or two in the national headlines addressing gun violence in the U.S., and a recent Insurance Journal story indicated respondents of a survey thought insurance could have a role in...
May 16 2023 // An owner of Broadway theaters and Pacific Indemnity Insurance Co. have voluntarily agreed to end their remaining litigation over COVID-19 coverage claims.Under the stipulation filed May 11, each party will bear its own...
May 16 2023 // Florida’s governor has signed into law a bill that could help reduce premiums for the dwindling number of roller-skating rinks in the state.Senate Bill 1458, sponsored by state Sen. Clay Yarborough, R-Jacksonville,...
May 9 2023 // This edition of International People Moves details appointments at Berkshire Hathaway Specialty Insurance (BHSI), AXA XL, and the MGA Alta Signa Europe.A summary of these new hires follows here. BHSI Promotes Browne,...
May 9 2023 // This post is part of a series sponsored by IAT Insurance Group. It’s a difficult time for businesses. Between a fluctuating insurance market and skyrocketing inflation, business leaders are under pressure to make the...
May 8 2023 // Coalition today said it launched a version of its Executive Risks Insurance products designed for not-for-profit organizations.Coalition’s Executive Risks insurance for not-for-profits combines automated underwriting...
May 8 2023 // Cybercrime is up, properties are underinsured, and the management liability market is softening.These are a few of the predictions and results revealed in the Risk Strategies 2023 State of the Market report, which examines...