All the headlines from our Liability Topic Page, ordered by recency.
Oct 4 2021 // This edition of International People Moves includes appointments at the first sustainable insurer, Parhelion; at brokers Piiq Risk Partners and Gallagher; and at Optio Group’s Nuclear MGA Northcourt.A summary of...
Oct 4 2021 // Federal lawmakers introduced legislation in late September that would change 19th century maritime liability rules in response to the 2019 boat fire off the coast of Southern California that killed 34 people.The bill would...
Oct 4 2021 // To paraphrase Sir Walter Scott, “Oh what a tangled web we weave when we try to figure out coverage under multiple insurance policies.”This month, I’d like to feature a real-life coverage scenario...
Sep 28 2021 // Amid the Boy Scouts of America’s complex bankruptcy case, there is worsening friction between the BSA and the major religious groups that help it run thousands of scout units. At issue: the churches’ fears that...
Sep 28 2021 // Colonial Surety, a direct and digital insurer, expanded its fiduciary liability product offering for plan sponsors – businesses that offer retirement plans – with a new, two-part package that includes cyber liability...
Sep 24 2021 // Federal lawmakers introduced legislation this week that would change 19th century maritime liability rules in response to the 2019 boat fire off the coast of Southern California that killed 34 people.The bill would update...
Sep 23 2021 // Federal or state court? How will attribution science impact climate litigation?The questions aren’t the only ones of interest to insurers and reinsurers wanting to understand the potential for mass climate liability...
Sep 23 2021 // A rising amount of litigation tied to the environmental and health impacts of greenhouse gas emissions prompted a question from the leader of a liability risk analytics company recently: “Is it about climate...
Sep 23 2021 // A Delaware judge on Tuesday began a key hearing that could determine whether the Boy Scouts of America can emerge from bankruptcy later this year with a reorganization plan that would compensate thousands of men who say...
Sep 21 2021 // Gilbert Insurance Agency hired Carmelina Bernazani as an account executive for personal and commercial lines.Bernazani will work out of Gilbert’s Reading, Massachusetts, office. With Carmelina’s addition to the...
Sep 20 2021 // AXA XL Names Clark as Marine Liabilities Global Practice LeaderAXA XL’s Global Marine insurance business has appointed Stephen Clark as its Marine Liabilities Global Practice leader. Based in Chicago, Clark assumes...
Sep 20 2021 // The coronavirus pandemic forced most individuals and businesses to stand still for a moment in time, a pause that was challenging for many and cost jobs, income and growth. While many industries are transitioning back to...
Sep 17 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...
Sep 15 2021 // We’re seeing a number of new cannabis insurance products being rolled out.Insurers may be gearing up for a potential 10-fold increase in sales to the booming $17 billion-a-year cannabis industry, as Congress...
Sep 15 2021 // The Texas Department of Insurance (TDI) approved the Texas Windstorm Insurance Association’s (TWIA’s) petition to increase its maximum liability limits on manufactured homes, but regulators said the insurer of...
Sep 14 2021 // Joseph Fagan has been promoted to account manager within the environmental and construction professional (ECP) practice of RT Specialty. He is based in RT ECP’s Hamilton, New Jersey, offices.Since joining the company...
Sep 9 2021 // Hartford, Connecticut, insurance and risk management consulting firm InsureGood hired Carrie Taylor as vice president of business development, and she will join the firm’s leadership team.In her new role, Taylor will...
Sep 8 2021 // Global property/casualty premiums are expected to more than double to US$4.3 trillion in 2040 from US$1.8 trillion in 2020 – growth driven by economic development, urbanization and climate change, according to Swiss...
Sep 6 2021 // Bermuda’s Vantage Group Holdings Ltd. is introducing new product offerings in healthcare and excess casualty.Vantage was established in late 2020 and began writing reinsurance risk on January 1, 2021, through its...
Sep 6 2021 // Last year was a wild one for the energy sector. There were, of course, COVID-19 related issues. The sector also dealt with continuing pressure on insurer capacity for some energy sectors due to environmental concerns, oil...