All the headlines from our Liability Topic Page, ordered by recency.
Dec 1 2022 // More than half of risk managers are significantly involved in their organization’s environmental, social and governance (ESG) efforts, but 77% believe they should take an active or more active role in ESG strategy...
Nov 29 2022 // An attorney is vowing an appeal for a woman found liable by a civil jury for malicious prosecution in a rape allegation she made against a former Ohio State football standout more than five years ago.The woman’s...
Nov 29 2022 // Bermuda-based Mosaic Insurance is ramping up its global growth plan with the opening of an office in Frankfurt, Germany to meet high demand for cyber and transactional liability coverage through Continental Europe.The...
Nov 23 2022 // Reinsurance rates for property catastrophe business should increase by well over 10% when contracts are renewed in January 2023, according to a commentary from Fitch RatingsFitch expects double-digit percentage premium...
Nov 22 2022 // The West Virginia Supreme Court has handed down four decisions that could affect insurers’ payouts in auto, homeowners and worker injury claims.Non-employee Covered In Ball vs. United Financial Casualty Co., the...
Nov 17 2022 // Risk Strategies, a national specialty insurance brokerage and risk management firm, announced it has acquired Wallace Specialty Insurance Group. Terms of the deal were not disclosed. Based just outside of Dallas in...
Nov 15 2022 // This edition of International People Moves details appointments at Marsh, SCOR, and Chubb Global Markets,A summary of these new hires follows here. Marsh Names Adamantiadis as CEO, Continental EuropeMarsh, the insurance...
Nov 10 2022 // A new report shows California utilities have noticeably reduced their liability following catastrophic wildfires in the past that have been blamed on the utilities and have driven several massive lawsuits and financial...
Nov 9 2022 // Hub International Limited (HUB) on Nov. 9 announced the launch of its Professional & Executive Risk (ProEx) Specialty Practice. The new practice brings together over 100 HUB specialists with executive liability,...
Nov 8 2022 // Powered by InsuranceJournal.tvAn increase in new markets, and better brand recognition and distribution from existing markets, has led to more competition in the insuring cannabis space. That’s a good for the...
Nov 8 2022 // Hollywood producer Harvey Weinstein’s rape conviction landed him in prison. Allegations of serial sexual abuse cost him his career and his movie studio. His company went bankrupt and later settled legal claims by...
Nov 3 2022 // Allstate Corp. said it recorded a third quarter net loss applicable to common shareholders of $694 million compared to net income of $508 million a year ago during the same time.Allstate’s Q3 combined ratio was an...
Nov 1 2022 // A New Jersey legislative committee voted to require liability insurance for gun owners and restrict where they could carry their weapons, moving what would be some of the strictest US firearms limits closer to becoming...
Nov 1 2022 // This edition of International People Moves details appointments at AXA XL in Bermuda and the London-based insurance broker, Miller.A summary of these new hires follows. AXA XL Appoints Owen for Bermuda Professional Lines...
Oct 28 2022 // Federal communications law shields the video-sharing site TikTok Inc. from responsibility for the death of a 10 year-old girl who died while attempting a challenge on TikTok that encourages viewers to strangle themselves...
Oct 27 2022 // Global insurance pricing continued to rise, although at a slower pace, during the third quarter, which saw commercial insurance premiums increase an average of 6%, down from 9% in Q2, according to Marsh’s Global...
Oct 27 2022 // The legalized cannabis industry is rapidly evolving, with new, chemically concocted variants popping up almost monthly. On top of that, management of marijuana and hemp businesses is going through changes, with “weed...
Oct 27 2022 // This post is part of a series sponsored by IAT Insurance Group. Disclaimer:This article should not be used as legal advice. All parties should consult legal counsel of their choice and seek expert advice on legal and...
Oct 26 2022 // Property cat reinsurance: “More.”Professional liability insurance: Not so much. The president and chief executive officer of W.R. Berkley Corp., Robert Berkley, Jr., shared his company’s appetite for...
Oct 26 2022 // AmTrust Financial Services announced that it has acquired the middle market management liability business of DUAL North America, a Florida-based specialty program administrator that offers property/casualty products. DUAL...