All the headlines from our Liability Topic Page, ordered by recency.
Nov 23 2021 // This edition of International People Moves details appointments at Mosaic Insurance, Berkshire Hathaway Specialty Insurance and MGA Alta Signa Europe.A summary of these new hires follows here. Mosaic Launches London...
Nov 22 2021 // Texas is still at risk of power blackouts this winter in the event of extreme weather like the catastrophic February storm that buckled the state’s electrical grid and left millions of people without heat for days,...
Nov 18 2021 // Commercial insurance prices in general should stabilize in 2022, although not in cyber where increases from 50% to as much as 150% could be in store, according to one brokerage’s predictionsWillis Towers Watson also...
Nov 17 2021 // The West Virginia Supreme Court has decided that a trial court has the authority to reach across the continent and halt an insurance carrier’s litigation in California, a move that could affect other opioid-related...
Nov 16 2021 // Claims and regulatory actions involving per- and poly- fluoroalkyl substances (PFAS) are continuing to evolve at a rapid pace across the country. From the ongoing multi-district litigation in District Court of South...
Nov 15 2021 // Allianz Global Corporate & Specialty SE (AGCS) announced it is strengthening its leadership team, hiring internal and external talent for executive positions in its regional management, underwriting and risk consulting...
Nov 15 2021 // A growing number of False Claims Act investigations combined with recent court decisions that found insurers liable for the cost of settlements may spell trouble for commercial liability insurers.Policyholder attorney...
Nov 15 2021 // The chair of W.R. Berkley Corp. has been observing conditions in the excess and surplus and specialty markets for more than five decades and views the current environment as just about the best in that time span.According...
Nov 15 2021 // There’s a storm warning. It might be a hurricane, a tornado, a derecho, or a microburst. It doesn’t matter, they all have one similar characteristic, damaging winds. After the storm passes, whether a building...
Nov 12 2021 // Airbnb’s host and guest protections now include host damage protection, host liability insurance, and liability insurance for its Airbnb Experience customers. The coverages are now combined as part of an overall...
Nov 12 2021 // A Georgia appeals court has upheld a $43 million premises liability verdict against the CVS Pharmacy chain, ruling that the company failed to take security measures to prevent the shooting of a patron in 2012.The case is...
Nov 10 2021 // The 15 largest publicly-traded property and casualty insurers and reinsurers are all facing similar challenges as the year comes to a close. According to R Street’s review of Q3 2021 earnings calls, the top three...
Nov 10 2021 // Coalition has launched new executive risks insurance products for small and midsize businesses. The directors and officers (D&O) and employment practices liability (EPL) coverages are underwritten by Zurich North...
Nov 8 2021 // Compre, the London-based specialist legacy group, announced the completion of its acquisition of a US$417 million legacy liability portfolio of SiriusPoint Ltd., having received all necessary regulatory approvals.The...
Nov 2 2021 // This edition of International People Moves details appointments in at insurer Chaucer (in the UK), the broker NFP (in Quebec) and the insurtech BOXX (in Switzerland).A summary of these new hires follows here Chaucer...
Nov 2 2021 // Break up Big Tech? How about shrinking the tech companies’ shield against liability in cases where the content they push to users causes harm? Or creating a new regulator to strictly oversee the industry?Those ideas...
Nov 1 2021 // The labor shortage in California has hit the agriculture industry particularly hard, creating a tougher environment all around – including for insurance professionals who deal in that sector.The lack of labor in the...
Nov 1 2021 // Florida may be known as the Sunshine State, but some insurance agents say they’ve been unprepared for the recent boom in rooftop solar power installations across the state, installations that can affect coverage,...
Nov 1 2021 // You may have heard and even laughed about GEICO being sued by a Missouri woman who contracted a sexually transmitted disease (STD) as a result of unprotected sex in a GEICO-insured vehicle. Beyond the sheer inventiveness...
Oct 29 2021 // The city of Alpharetta, Georgia, did not waive its sovereign immunity when it obtained an insurance policy, an appeals court said Thursday, two years after a man drowned in a city pool.In Sharma vs. City of Alpharetta, the...