All the headlines from our Liability Topic Page, ordered by recency.
Dec 2 2020 // Global insurance broker Lockton reports that three transaction liability advisors from Aon — Joshua Halpern, Gaurav Sud and Eric Ziff — have joined the firm to lead its mergers and acquisition (M&A) consulting...
Dec 2 2020 // U.S. Supreme Court justices on Tuesday appeared wary of barring lawsuits against American companies over alleged human rights abuses abroad but signaled they could toss out a case accusing Cargill Inc. and a Nestle SA...
Nov 23 2020 // Praedicat, the Los Angeles-based liability emerging risk modeling firm, has developed an insurance tool for the casualty insurance market, which allows insurers to track exposures, establish reserves, and manage...
Nov 20 2020 // More items are being proposed for the California Export List than in recent memory, including coverages for cyber, parametric products, earthquake, and COVID-19, according to a surplus lines expert.The California...
Nov 19 2020 // Berkshire Hathaway Specialty Insurance (BHSI) announced a pair of promotions in its Executive & Professional Lines Claims group, naming Shelby Rootenberg as senior vice president, head of U.S. Commercial Lines (Public)...
Nov 19 2020 // Today’s Lloyd’s of London market for casualty insurance is marked by rising prices, reduced capacity, and buyers embracing more self-insurance, according to underwriters at Lloyd’s.It is also marked by...
Nov 17 2020 // As the development, and possible mass production, of COVID-19 (C-19) vaccines gather speed, the transportation and logistics industry will need to turn its attention to how the product can be safely and efficiently...
Nov 16 2020 // The Texas Department of Insurance (TDI) has approved the request by the Texas Automobile Insurance Plan Association (TAIPA) for a 4.8% increase in commercial auto rates, with an effective date of March 1, 2021.TAIPA...
Nov 16 2020 // Property/casualty insurance for senior living facilities has taken a hit this year. The insurance market has been hardening for the last year or two, and the COVID-19 pandemic brought on a wave of new challenges that has...
Nov 13 2020 // The COVID-19 pandemic is creating varying levels of disruption for writers in the U.S. professional liability insurance market, with many expecting a sizable increase in claims, according to a new AM Best report.With its...
Nov 12 2020 // Houston International Insurance Group, Ltd., has expanded its management liability coverage offerings to include an excess public D&O (Directors and Officers) product. As part of this expansion, the company hired...
Nov 12 2020 // Frank Winston Crum Insurance (FWCI) has launched general liability and excess liability insurance programs in North Carolina, South Carolina and Tennessee to coincide with its previously available worker’s...
Nov 12 2020 // QBE North America has appointed Dan Fortin as president and Todd Greeley as chief operating officer for Financial Lines.Both executives joined QBE NA from Berkshire Hathaway Specialty Insurance. With the hires, QBE NA said...
Nov 5 2020 // Tesla recently made headlines with the beta launch of its Full Self-Driving system. That system comes with a disclaimer saying, “It may do the wrong thing at the worst time, so you must always keep your hands on the...
Nov 5 2020 // The U.S. property/casualty industry saw 13 new insurance company impairments in 2019, two more than in 2018, involving entities operating in a mix of lines of business and a variety of states, according to a new AM Best...
Nov 5 2020 // The Allstate Corp. reported a 26.7% increase in its third quarter net income, primarily due to higher auto insurance underwriting income and net realized capital gains.Allstate’s third quarter net income able to...
Nov 5 2020 // The outcome of the U.S. general election is not yet clear. What’s been obvious for months is that climate change was on the ballot, and the U.S. election matters for global climate action. And one thing is certain:...
Nov 4 2020 // Specialty insurer RLI Corp., based in Peoria, Ill., has promoted Blake A. Ahrens to vice president, Inland Marine, and Bob W. Hartje to vice president, Excess Liability.Ahrens previously served as assistant vice president,...
Nov 4 2020 // Allianz Global Corporate & Specialty (AGCS) announced the appointment of Luke Baker as the new regional head of Liability for Regional Unit London and Nordics.He will join AGCS, Allianz’s entity for large-scale...
Nov 2 2020 // Berkshire Hathaway GUARD Insurance Companies has expanded the list of states the company offers its architects and engineers professional liability product to include Colorado, Kansas, and Wisconsin. With these three...