All the headlines from our Liability Topic Page, ordered by recency.
Apr 11 2023 // Maryland lawmakers have passed a bill to end the state’s statute limiting when civil lawsuits over child sex abuse can be filed against public and private entities.Under the Child Victims Act of 2023, actions for...
Apr 6 2023 // To address the growing risks faced by middle market law firms, Berkley Select said it enhanced its lawyers professional liability (LPL) offerings, adding new coverages, more flexible policy forms and expanded...
Apr 6 2023 // An insurance company is entitled to generous tax credits even if the carrier did not invest directly in renewable energy projects, a North Carolina court has decided, striking down a $24 million tax assessment by the...
Apr 4 2023 // State Farm must pay an uninsured motorist claim for injuries caused by an electric motor scooter even though the scooter didn’t match the definition of “motor vehicle” in Florida statutes, a panel of the...
Apr 4 2023 // The Texas market for auto and homeowners insurance grew double digits in 2022, according to an annual report put out by the Texas Department of Insurance.Texas insurers reported direct premium written for private passenger...
Apr 4 2023 // A Delaware judge on Monday dismissed Merck & Co’s lawsuit seeking to hold Bayer AG responsible for more talc-related liabilities stemming from its $14.2 billion purchase of Merck’s consumer care business in...
Apr 4 2023 // Insurer Chubb has been accused of “lowballing” offers in the settlement of an employee class action that the owner of a popular New England grocery chain was motivated to close out due to fears that further...
Apr 3 2023 // Chubb Limited announced that Frances O’Brien has been appointed executive vice president, Chubb Group, and chief risk officer, effective April 1.O’Brien was senior vice president, Chubb Group, and deputy chief...
Apr 3 2023 // Pen Underwriting, the London-based managing general agent and Arthur J. Gallagher subsidiary, announced it has acquired Tay River Holdings Ltd., which include its wholly owned marine specialist subsidiaries Vessel Protect,...
Apr 3 2023 // This edition of International People Moves details appointments at Chubb, the MGA Pen Underwriting and loss adjuster McLarens.A summary of these new hires follows here. Chubb Names Chasseguet as Country President for...
Apr 3 2023 // Drones are an increasingly popular hobby for adults and kids.And it’s all fun and games and cool videos until something glitches, and an out-of-control rack of spinning blades hits someone in the head. Or crashes...
Apr 3 2023 // U.S. commercial insurance prices grew in the fourth quarter of 2022 by an average of 4.8%, down from the rate of 5.2% in the previous quarter (Q3 2022), according to WTW’s most recent Commercial Lines Insurance...
Apr 3 2023 // The construction industry continues to see a wave of new projects, creating plenty of work for architects and engineers. While design firms experience growth amid an expanding market, insurers providing architects and...
Mar 30 2023 // The South Carolina Supreme Court on Wednesday handed down three opinions that resolve two questions about insurance law. One decision will probably disappoint auto insurers; another will please carriers in the liquor...
Mar 27 2023 // Specialist insurance provider CFC recently announced the expansion of its admitted product suite with the addition of professional liability and technology E&O. The company has been trading its admitted solution for...
Mar 27 2023 // Skyrisks Ltd. is set to launch as a managing general agent, partnering with capacity provider Convex Group Ltd., aiming to address the fast-growing insurance needs of the advanced air mobility (AAM) sector.The AAM sector...
Mar 27 2023 // Although analysts at Fitch Ratings estimate that combined ratios for the directors and officers liability line remained below breakeven in 2022, with competition fueling price declines and the economic conditions...
Mar 24 2023 // Wisconsin law allows insurers to deduct from their liability any amounts paid for the same injury by a worker’s compensation carrier, but does that include amounts that are paid and later reimbursed?Secura Supreme...
Mar 24 2023 // Connecticut’s Insurance and Real Estate Committee has advanced a surplus lines insurance measure that the industry says would lift an unnecessary administrative burden but the state insurance regulator believes would...
Mar 24 2023 // A three-judge panel of the Second Circuit Court of Appeals has affirmed a district court ruling that Berkshire Hathaway’s Covington Specialty Insurance Co. had no duty to indemnify its insureds against personal...