Liability News

4 Dead, Dozens Injured, in Oklahoma State Parade Crash

A woman suspected of driving under the influence plowed into a crowd on Oct. 24 during the Oklahoma State University homecoming parade, killing four people — including a 2-year-old boy — and injuring dozens more in a collision that sent …

Estate of Oregon Man Files Suit Against Home Care Agency in Death

The estate of a La Pine man who was paralyzed from the chest down has filed a lawsuit seeking $7.5 million in damages from a Bend home health care agency over his death. The estate of Mitchell Cox filed the …

U.S. Senator from Nevada Suing Exercise Band Maker over Eye Injury

U.S. Sen. Harry Reid is suing a company that makes and markets a flexible exercise band that he says slipped from his hand, causing him to fall and suffer eye, face and rib injuries on New Year’s Day. A lawsuit …

ACE Offers Cover for Private Equity/Venture Capital Firms in Hong Kong, Singapore

ACE Group has launched Private Equity and Venture Capital Liability Insurance in Hong Kong and Singapore. The product aims to address the evolving regulatory and volatile economic environments as well as increasingly complex deal structures. The product offers insureds protection should …

Ski Resorts’ Avalanche Liability Weighed by Colorado High Court

The question of whether Colorado ski resorts can be liable for avalanches that happen within their boundaries comes before the state’s high court this week in a lawsuit prompted by a skier’s death. The case involves the death of Christopher Norris, …

Guy Carpenter Report Examines Major Emerging Risks Facing Re/Insurers

A new report published by Guy Carpenter & Co. identifies four key areas of emerging risk for re/insurers: cyber risk, technology risk, casualty catastrophe and reserving, and life, health and longevity risk. In the report, titled “A Clearer View of …

Makers of Self-Driving Cars Could Shoulder Burden of Insurance Liability

Hacker attacks or faulty software could shift the burden of legal and regulatory liability toward makers of self-driving cars and away from customers, experts say, forcing regulators and insurers to develop new models. Autonomous cars have the potential to reduce …

Dutch Court Rules Gas Producer NAM Must Compensate Quake Zone Homeowners

A Dutch court ruled on Wednesday that gas producer NAM must compensate homeowners for falls in the value of their properties due to earthquakes linked to gas production at the Groningen field in the north of the Netherlands. The ruling …

$1M in Jewelry, Gems Stolen from Antique Show in Illinois

A vendor reported more than $1 million worth of jewelry and gems stolen during a weekend antique show in Peoria, Ill., according to police. The theft was reported Aug. 9 after the reopening of the Mid America Antique Show and …

Golf Carts Being Allowed on Streets in More Small Towns in Illinois

It’s not unusual to see residents zipping around on golf carts in many small Illinois communities, as local officials increasingly adopt ordinances to accommodate the popular vehicles. Golf carts are getting the green light as an alternative to cars and …