All the headlines from our Liability Topic Page, ordered by recency.
Aug 18 2021 // A member of the Sackler family that owns Purdue Pharma testified on Tuesday that his family bears a “moral responsibility” to help abate the U.S. opioid crisis but said it will not contribute financially to the...
Aug 16 2021 // Risk Strategies, a national specialty insurance brokerage and risk management firm, has acquired Danna-Gracey, a specialist in medical malpractice insurance headquartered in Delray Beach, Florida. Terms of the deal were...
Aug 16 2021 // Powered by InsuranceJournal.tvIf you ask just about any insurance pro or risk manager to list the top exposures for a company, being sued is likely to be right up there. And if you boiled that down into another list, among...
Aug 16 2021 // Liability insurers on both sides of the Atlantic are scaling back the cover they offer companies ahead of an expected wave of discrimination claims as employers call staff back to their desks after 18 months of...
Aug 16 2021 // Oklahoma’s highest court found that an insurer’s uninsured motorist exclusion violates state law. The Oklahoma Supreme Court came to that conclusion in answering a certified question from the U.S. Court of...
Aug 12 2021 // Purdue Pharma LP and its owners, members of the Sackler family, are nearing the end of their decades-long association with opioids, seeking court approval to pay billions of dollars and walk away from the business that...
Aug 10 2021 // Noting the passage in the 87th Legislature of Senate Bill 1367, which made changes to certain lines of insurance, the Texas Department of Insurance has outlined the changes that are effective for an insurance policy that...
Aug 10 2021 // The McGowan Companies (McGowan) acquired the assets of Arbanas & Associates (Arbanas) in Grosse Pointe Farms, Michigan, effective Aug. 1.Arbanas specializes in writing professional liability for accountants, lawyers,...
Aug 10 2021 // Plano, Texas-based wholesale brokerage and general agency Western Security Surplus Insurance Brokers (WSS), an XPT Partners company, hired Blake Brininstool as a broker and underwriter specializing in excess and surplus...
Aug 10 2021 // Insurance broker Marsh said it has collaborated with Amazon to build a new digital insurance network, Amazon Insurance Accelerator, where small businesses selling on Amazon can purchase product liability coverage.Amazon...
Aug 6 2021 // Liability insurers on both sides of the Atlantic are scaling back the cover they offer companies ahead of an expected wave of discrimination claims as employers call staff back to their desks after 18 months of...
Aug 4 2021 // Mexico sued several gun makers in a U.S. federal court on Wednesday, accusing them of reckless business practices that supply what it called a “torrent” of illegal arms to violent Mexican drug cartels, leading...
Aug 4 2021 // Specialist insurer Beazley has launched a suite of covers to protect organizations within Asia Pacific’s rapidly expanding life sciences sector.In an environment in which risk exposures are complex and varied –...
Aug 3 2021 // Hartford Names Burns as Head of Marketing and Comms, Succeeding BromageThe Hartford has appointed Claire Burns chief marketing and communications officer, effective Sept. 1. Burns will report directly to Chairman and CEO...
Aug 3 2021 // Gas station retailers are reeling from a recent New Mexico Supreme Court decision that finds the stores can be held civilly liable for selling gas to intoxicated drivers.The July ruling could have major ramifications for...
Aug 2 2021 // Mosaic Insurance began underwriting transactional liability coverage with a new product launched last month in the United States amid a current upsurge in mergers and acquisitions (M&A) activity.The global specialty...
Aug 2 2021 // I’m finding it difficult to write an insurance piece about the recent collapse of the Champlain Towers Condominium. Before I dive into the insurance aspects, I have to recognize the human part of this tragedy. When...
Aug 2 2021 // Robust global economic recovery, higher risk awareness and the strongest rate hardening for 20 years in non-life insurance commercial lines will combine to push premiums 10% above pre-COVID-19-crisis levels this year,...
Aug 2 2021 // Talk about a growth market. Since Colorado and Washington became the first to pass state laws designed to legalize certain sale and consumption of recreational cannabis in their respective states in 2012, 15 other states...
Jul 30 2021 // Oklahoma’s highest court recently found that an insurer’s uninsured motorist exclusion violates state law.The Oklahoma Supreme Court came to that conclusion in answering a certified question from the U.S. Court...