All the headlines from our Liability Topic Page, ordered by recency.
Apr 19 2021 // “This is the most aggressive COVID liability bill in the United States of America. What this bill does is says, ‘If you’re doing the right thing, you’re protected.’”— Florida House...
Apr 19 2021 // Despite considerable operating challenges in 2020 from the global COVID-19 pandemic, U.S. property/casualty (P/C) insurers saw a statutory underwriting profit for the third consecutive year, with an average 99% combined...
Apr 16 2021 // Seven insurance company impairments were identified in the U.S. property/casualty industry in 2020, with five of the seven involving auto insurers, according to an AM Best special report.Last year’s number was an...
Apr 16 2021 // Praedicat Inc., the Los Angeles-based liability emerging risk analytics company, announced the launch of its new Risk Scenario Analysis Platform, which widens the cross-line clash scope of its scenario suite.The platform...
Apr 16 2021 // Corvus Insurance, a provider of commercial insurance products powered by AI-driven risk data, and Skyward Specialty Insurance Group, a specialty property and casualty market, have partnered partnership to expand...
Apr 15 2021 // Kentucky’s governor stood aside and let a bill become law that protects an array of businesses from coronavirus-related lawsuits. But he warned Monday that the measure is likely to draw a court challenge.The measure,...
Apr 15 2021 // DOVER, Del. (AP) – Attorneys for the Boy Scouts of America told a Delaware bankruptcy judge Monday that they plan to file a new reorganization plan after gaining little support for a previous proposal that has been...
Apr 15 2021 // The Oklahoma House of Representatives has passed a bill that extends high school apprenticeship programs to include sophomores who are at least 16 years old. It includes a provision that allows school districts to obtain...
Apr 15 2021 // Sierra Specialty, program specialist, managing general agency and wholesale insurance brokerage, has appointed Vicky Dith as a broker and underwriter specializing in construction insurance. Dith is located in Clovis,...
Apr 13 2021 // A bill that calls for providing liability insurance coverage to all full- and part-time school employees up to $1 million per occurrence has passed out of committee and moved to the House for consideration.Senate Bill 634,...
Apr 13 2021 // Starr Insurance Companies has hired Matt Curtis as vice president and profit center manager for its Primary Construction unit.In his prior role at Liberty Mutual, Curtis oversaw the primary construction casualty unit....
Apr 13 2021 // U.S. regulators are throwing another wrench into Wall Street’s SPAC machine by cracking down on how accounting rules apply to a key element of blank-check companies.The Securities and Exchange Commission is setting...
Apr 13 2021 // Simply Business, Inc., a Boston-based digital insurance agency offering small business owners access to insurance providers, has partnered with the National Association of Social Workers (NASW) Risk Retention Group, Inc....
Apr 12 2021 // Despite considerable operating challenges in 2020 from the global COVID-19 pandemic, U.S. property/casualty (P/C) insurers saw a statutory underwriting profit for the third consecutive year, with an average 99% combined...
Apr 9 2021 // This wrap-up of International People Moves details recent appointments at Hiscox, Canopius, IGI and HDI Global.A summary of these new hires follows here. HiscoxSpecialist global insurer Hiscox has appointed Robert Dietrich...
Apr 9 2021 // The U.S. Securities and Exchange Commission has a fresh warning for the booming SPAC market: Blank-check companies aren’t an end-around to avoid disclosing key information to investors.In a Thursday statement, a top...
Apr 8 2021 // A Colorado-based workspace management software company has launched an insurance brokerage for coworking and flex space operators, members and tenants.The new agency, Proximity Protect, is offering insurance policies...
Apr 7 2021 // Gov. Doug Ducey has signed legislation giving businesses, nursing homes and others a broad shield from lawsuits related to COVID-19, making Arizona the latest state to limit liability after the pandemic.Republican...
Apr 7 2021 // It is well known that small and medium businesses face an ever-increasing risk of cyber attacks. Sixty-three percent reported they had experienced a cyber breach in the last 12 months, when Ponemon surveyed them in the...
Apr 7 2021 // The official committee representing child sex abuse victims in the Boy Scouts of America bankruptcy is asking a judge for permission to file its own reorganization plan, saying the plan proposed by the BSA falls woefully...