All the headlines from our Liability Topic Page, ordered by recency.
Jun 13 2024 // An analysis by S&P Global Market Intelligence reveals that the pace of growth in the U.S. excess and surplus lines market has slowed since a peak growth rate of 32.3% recorded in 2021.In 2023, growth remained...
Jun 11 2024 // Uber can require that a passenger seriously injured in a crash involving an Uber driver go to arbitration over his $63 million damages claim without a trial, the highest court in Massachusetts has ruled, overturning a...
Jun 10 2024 // A recent report from The U.S. Chamber of Commerce Institute for Legal Reform (ILR) has found that nuclear verdicts of $10 million or more are on the rise.Looking at verdicts from 2013 to 2022, ILR said the median nuclear...
Jun 10 2024 // Meta Platforms Inc. and other social media companies won the dismissal of novel claims in hundreds of lawsuits brought by school districts seeking to recover costs for addressing the negative impacts of students’...
Jun 10 2024 // The South Carolina Department of Insurance is again requesting carrier data on the health of liability insurance markets in the state.“As you are aware, South Carolina and other states have seen liability markets...
Jun 7 2024 // After multiple deaths in the jail, criminal charges against an employee and alleged sexual relationships with inmates, a North Carolina sheriff’s office has lost its law enforcement liability insurance coverage from...
Jun 7 2024 // “There could be a liability crisis in reinsurance in a couple of years,” a reinsurance executive predicted this week.Ken Brandt, chair, president and chief executive officer of TransRe, offered the assessment...
Jun 7 2024 // Three Massachusetts drivers have hit a dead end for the second time in their drive for court certification of class actions against two auto insurers over missing payments for the lost resale value of vehicles.Superior...
Jun 7 2024 // Nirvana, the London-based managing general agent and Lloyd’s coverholder, announced the renewal of its Media/Technology Errors & Omissions and Cyber (MTC) binding authority with an increased £/$/€10 million...
Jun 6 2024 // Practitioners of Brazilian butt lift surgery, repeatedly in the news after infections and at least two patient deaths in south Florida, must now obtain medical malpractice liability insurance, thanks to a bill signed into...
Jun 5 2024 // Global specialty insurance broker NSM Insurance Group has completed its acquisition of Strategic Underwriters International (SUI).Based in Doylestown, Pennsylvania, SUI is a managing general agent (MGA) in the casualty...
Jun 4 2024 // Skyward Specialty Insurance Group, headquartered in Houston, named three new members to its media liability team Andrea Taylor is Skyward’s new vice president of media liability. Taylor has 25 years of leadership and...
Jun 4 2024 // Oregon utility regulators have rejected a request from PacifiCorp that sought to limit its liability in wildfire lawsuits.Under the proposal, PacifiCorp would only have been responsible for paying out actual economic...
Jun 3 2024 // RiverStone International reports it has closed on its acquisition of Electric Insurance Co. and its two subsidiaries, Elm Insurance Co. and Electric Insurance Agency.Electric Insurance is a Beverly, Massachusetts-domiciled...
Jun 3 2024 // A popular country music venue in Greenville, South Carolina, has closed its doors after almost 30 years, citing the cost of liquor liability insurance in the state.The Blind Horse Saloon, known for hosting some well-known...
Jun 3 2024 // Overall commercial property/casualty premiums increased slightly for all account sizes to 7.7% on average in the first quarter 2024, according to The Council of Insurance Agents and Brokers’ Q1 Market Survey.With the...
Jun 3 2024 // Loss severity for many U.S. casualty lines of insurance business has exceeded economic inflation over the past decade, indicating other factors are influencing claims costs for indemnity and expense payments, according to...
Jun 3 2024 // Discrimination, active assailants and an aging infrastructure — educational institutions today face tough liability and property risks that were uncommon in the not-too-distant past. Pair those with longtime risks...
May 30 2024 // Rising liability injury claims for home and auto owners that exceed traditional policy limits have spurred Mercury Insurance, headquartered in Los Angeles, to unveil an all-new personal umbrella insurance policy for...
May 30 2024 // Is the installation of an in-ground trampoline considered landscaping work, covered by a landscaper’s liability insurance policy?Artificial intelligence programs suggest that it is. But human judges with the 11th...