All the headlines from our Liability Topic Page, ordered by recency.
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...
Sep 6 2021 // Developments in drone technology are often heralded as having the potential to change the landscape of business operations, most prominently in the consumer goods shipping sector. Yet, the development of federal regulation...
Sep 6 2021 // Sometimes, in responding to coverage requests or loss exposure identification, we make decisions that may result in unintended (often bad) consequences. Too often, these decisions involve what I refer to as “premium...
Sep 6 2021 // The country’s veterinarians have weathered the pandemic better than many businesses. Many were able to keep their practices operating from early on and have not had to worry about lost income like restaurants, gyms...
Sep 6 2021 // Insurers are quietly gearing up for a potential ten-fold increase in sales to the booming $17.6 billion-a-year cannabis industry as Congress inches closer to legalizing pot at the federal level.While 36 U.S. states and the...
Sep 2 2021 // A U.S. judge said on Wednesday he would approve OxyContin maker Purdue Pharma LP’s bankruptcy reorganization plan, clearing a path to resolve thousands of opioid lawsuits and shielding the company’s wealthy...
Aug 31 2021 // C3 Risk & Insurance Services in San Diego, Calif. hired four insurance industry veterans to establish new construction and surety divisions. The new team members to the construction and surety divisions are: Paul...
Aug 27 2021 // The country’s veterinarians have weathered the pandemic better than many businesses. Many were able to keep their practices operating from early on and have not had to worry about lost income like restaurant, gym and...
Aug 24 2021 // Considering two principal questions in an insurance dispute between Texas homeowners and their insurance carrier, the U.S. Court of Appeals for the Fifth Circuit handed each party a win and a loss.The dispute in Randel v....
Aug 24 2021 // The judge overseeing Purdue Pharma’s bankruptcy said on Monday that some members of the Sackler family who own the OxyContin maker face a “substantial risk” of liability and could be on the hook for...
Aug 20 2021 // Maine last month enacted a law that makes it the first U.S. state to ban the use of PFAS, or per- and polyfluoroalkyl substances, in nearly all products. PFAS are commonly referred to as “forever chemicals”...
Aug 20 2021 // Insurers are quietly gearing up for a potential ten-fold increase in sales to the booming $17.6 billion-a-year cannabis industry as Congress inches closer to legalizing pot at the federal level.While 36 U.S. states and the...
Aug 18 2021 // ClearPathClearPath Mutual Insurance Company has promoted Jo Jo Mudd to Underwriting Manager. Mudd joined the company in 2010 when it was KESA, The Kentucky Workers’ Compensation Fund, as a Senior Underwriter. Most...