Latest Liability Headlines

All the headlines from our Liability Topic Page, ordered by recency.

People Moves: Beazley Announces MacCabe Retirement, Wheeler and Pereira Promotions for Int’l Mgmt. Liability; Gallagher Re Names 6 Senior Execs for APAC Region

Jun 6 2022 // This edition of International People Moves details appointments at Beazley and Gallagher Re.A summary of these new hires follows here. Beazley Announces MacCabe Retirement, Wheeler and Pereira Promotions for Int’l...

Logic & Language and Forms & Facts; Folklore Is NOT Fact

Jun 6 2022 // Two of my pet peeves involve certain types of coverage questions that I’ve received over the years. The first one begins with something like, “Does a [insert type of policy here] cover …?” The key...

Memo to Brokers; Stick With Loyal Insurers/MGAs, Price Isn’t the Only Differentiator

Jun 6 2022 // Instead of oscillating between extreme hard and soft markets, the insurance industry needs to promote a more sustainable business model that will help control the insurance cycle, according to an executive at the insurer...

As Uvalde Parents Seethe, Recourse Against Police May Be Limited

May 31 2022 // Texas police accused of bungling the response to a mass shooter in an Uvalde school where 19 children and two teachers were killed aren’t likely to be held liable in a civil court, benefiting from broad immunity...

People Moves: Oneglobal Appoints IRB’s Oka as CEO Reinsurance Brazil; Chubb Names 3 Senior Leaders for Financial Lines in UK, Ireland, S. Africa, Global Markets

May 26 2022 // Oneglobal Appoints IRB’s Oka as CEO Reinsurance BrazilOneglobal Broking announced the appointment of Adriano Oka as CEO Reinsurance Brazil. Oka will report to Nery Silva, CEO Mercosul, Oneglobal Brazil. The...

Howden Gets Regulatory Nod to Raise Stake in Howden India to 100%

May 26 2022 // Howden, the international insurance broker, announced it has obtained approval from the Insurance Regulatory and Development Authority of India (IRDAI) to increase its shareholding in Howden India from 49% to 100%.The move...

Can U.S. Gunmakers Be Liable for Mass Shooting?

May 26 2022 // An 18-year-old gunman stormed a Texas elementary school on Tuesday and killed 19 children and two teachers, reigniting a debate in the United States over gun control and the potential legal liability for manufacturers of...

Insurance (or Lack of It) Is Russian Oil’s Achilles’ Heel

May 25 2022 // Russia has so far deflected much of the impact of sanctions on its oil trade but the insurance industry threatens to throw a spanner in the works unless Moscow and its customers can plug a gap left by Western...

Markets/Coverages: NJM Introduces Commercial Package Policy in New Jersey

May 24 2022 // NJM Insurance Group is now writing commercial package policies in New Jersey with policy effective dates beginning July 1, 2022.The NJM ProPack Commercial Package Policy protects mid-to-large-sized businesses against...

Memo to Brokers: Stick With Loyal Insurers/MGAs, Price Isn’t the Only Differentiator

May 23 2022 // Instead of oscillating between extreme hard and soft markets, the insurance industry needs to promote a more sustainable business model that will help control the insurance cycle, according to an executive at the insurer...

How Sunken Boat Insurance Claim Factors Into Vermont Murder Case

May 17 2022 // A boat insurance claim denial and fraud investigation have surfaced as integral pieces of the murder case being brought against a 28-year-old Vermont man charged with killing his grandfather and mother for inheritance...

People Moves: Hartford’s Kirk Joins Acrisure; Hamilton Select Welcomes Minarik From AmWINS, James River’s Kirkland

May 16 2022 // Insurance broker Acrisure has appointed Matthew Kirk as executive vice president and head of Insurance Strategy and Execution.Kirk joins Acrisure following 16 years at The Hartford, where he served as senior vice president...

A Changing Live Event Insurance Landscape; Coverage Restrictions in Today’s Market Requires Critical Policy Reviews

May 16 2022 // There are a wide variety of possible liabilities associated with a single live event. Each has its own share of challenges and unpredictability, meaning even the tiniest misstep could spell disaster. That’s why live...

Markets/Coverages: Marsh Renewable Energy; Main Street Farm; Munich Re Surety; Skyward Crane & Rigging; Draftrs Professional Liability

May 12 2022 // Marsh Launches Renewable Energy FacilityInsurance broker Marsh announced the launch of a renewable energy facility that provides streamlined, dedicated insurance capacity for mid-scale solar and battery energy storage...

Airbnb Beefing Up Guest Services With Satisfaction Guarantees, AirCover Protection

May 12 2022 // Wednesday morning Airbnb Inc. revealed what it’s calling its “biggest change in a decade.” Beyond modifications to its user interface and nifty new bells and whistles, it’s also addressing one of...

Creaky U.S. Power Grid Threatens Progress on Renewables, EVs

May 12 2022 // After decades of struggle, the U.S. clean-energy business is booming, with soaring electric-car sales and fast growth in wind and solar power. That’s raising hopes for the fight against climate change.All this...

Exclusion Left Off Declarations Page Ruled Unenforceable ‘Hidden Trap’ in New Jersey

May 9 2022 // A three-judge New Jersey Superior Court appellate panel has ruled that an intra-family liability exclusion in a Travelers (St. Paul) auto insurance policy amounts to a “hidden pitfall” and is unenforceable...

Judges Skeptical as Purdue Seeks Revival of Sackler Liability Shield in Bankruptcy Deal

May 2 2022 // Judges on a U.S. appeals court appeared hesitant on Friday to revive a legal shield that would protect members of the Sackler family who own Purdue Pharma from lawsuits related to the prescription opioid OxyContin, a key...

Malpractice Insurance Premiums Increased 22%, Despite Fewer Claims

May 2 2022 // The number of malpractice claims filed against hospitals and physicians dropped 14% in 2020, even as premiums rose 22% on average, according to the most recent report by the American Society for Health Care Risk Management...

Logic & Language and Forms & Facts, Insuring College Students

May 2 2022 // “Whether four years of strenuous attention to football and fraternities is the best preparation for professional work has never been seriously investigated.” – Robert Maynard HutchinsWhile this quote from...