All the headlines from our Liability Topic Page, ordered by recency.
Sep 25 2020 // The latest group of reinsurers to emerge in the Bermuda market is starting to look different. Even the name that once described the cohort has changed in the past five years.And at least one member of the group of...
Sep 25 2020 // Arch Insurance has formed an underwriting partnership with ProHost USA, a Minneapolis-based insurance program administrator providing specialty packages to the restaurant industry. ProHost USA is part of Distinguished...
Sep 24 2020 // Next Insurance secured another $250 million in financing designed to fuel continued national expansion of its digital small business insurance offerings.CapitalG, Alphabet/Google’s independent growth fund, led the...
Sep 24 2020 // Berkshire Hathaway GUARD Insurance Companies has further expanded its professional liability products including coverage for lawyers, architects and engineers, accountants, as well as nearly 100 other classes of...
Sep 23 2020 // The U.S. Justice Department will unveil later on Wednesday a proposal that seeks to limit legal protections for internet platforms on managing content, a person briefed on the matter confirmed.The proposal, which takes aim...
Sep 23 2020 // Russia is so confident in its COVID-19 vaccine that it will shoulder some of the legal liability should anything go wrong, rather than requiring buyers to take on the full risk, the head of the state fund bankrolling the...
Sep 22 2020 // Berkshire Hathaway Specialty Insurance (BHSI) is entering the executive and professional insurance lines market in France and has appointed Olivier Hamon as head of Financial Institutions and Management Liabilities and...
Sep 22 2020 // Specialty insurer Beazley has expanded its underwriting and claims presence in the U.S. with new hires for its Executive Risk team that focuses on board-level risks facing businesses and their executives.Elizabeth...
Sep 22 2020 // Vaccine makers will be indemnified in Europe if their COVID-19 shots cause unexpected side-effects, an industry official said on Tuesday, as nearly 40 firms pursue talks on possible authorisation for shots in...
Sep 21 2020 // USI Affinity and the American Bar Association (ABA) have partnered with Crum & Forster to offer a cyber liability insurance program for law firms nationwide. As the broker for the ABA Insurance Program, USI Affinity...
Sep 21 2020 // When the construction labor market tightens, employers fill the gap with independent contractors. A quarter (25%) of construction laborers are 1099 workers. While hiring 1099 contract workers helps keep projects on track,...
Sep 21 2020 // School officials and insurers across the country are facing questions about COVID-19-related insurance liability as classes begin, but answers remain elusive, according to A.M. Best.“Uncertainty about the plethora of...
Sep 21 2020 // Professional liability insurance is a complex and interesting concept. As insurance professionals, or practitioners if you prefer, we are used to the concepts and terms of several different liability policies. We...
Sep 21 2020 // Municipalities, their insurers and risk pools should be heeding the current public re-examination of police and prosecutorial actions taking place across the country, according to an insurance policyholder attorney who...
Sep 21 2020 // New Mexico officials have clarified that teachers won’t be on the hook for lawsuits that might stem from COVID-19 outbreaks as in-person classes began for some students.“In no way will teachers or school...
Sep 16 2020 // Families of Boeing 737 MAX crash victims are urging U.S. lawmakers to ensure the planemaker is held accountable for accidents that together killed 346 people by blocking a key legal defense, according to a letter sent on...
Sep 15 2020 // The Financial Conduct Authority said today’s High Court judgment in its coronavirus business interruption insurance test case found in favour of policyholders on the majority of the key issues.“Our aim...
Sep 15 2020 // Claims inflation for the commercial liability business will increase through 2020, although it was accelerating even before the coronavirus pandemic hit. This trend, known as social inflation, has led the insurance...
Sep 11 2020 // Two years after agreeing to a self-regulatory code of practice to tackle disinformation, Facebook, Alphabet’s Google, Twitter and other tech rivals must try harder to be more effective, the European Commission said...
Sep 10 2020 // Specialty insurer Ascot has started an Excess & Surplus Casualty division for the U.S. and appointed Matthew Roy as senior vice president for the new wholesale unit.Writing exclusively on a wholesale basis, the...