Latest Liability Headlines
All the headlines from our Liability Topic Page, ordered by recency.
Markets/Coverages: CNA Hardy Offers Enhanced Product Suite for UK Tech Businesses
Jan 5 2023 // CNA Hardy, a specialist commercial insurance provider for clients within the Lloyd’s and company markets, announced the latest addition to its specialist technology product suite. The product, called...
MagMutual Completes Acquisition of New Jersey’s MDAdvantage
Jan 4 2023 // Atlanta-based physician insurer MagMutual Insurance Co reports it has .has completed its acquisition of MDAdvantage Insurance Co. of New Jersey. The deal received final corporate approval and regulatory approval by the New...
Nation’s First Gun-Insurance Mandates Take Effect. Will They Hold up in Court?
Jan 3 2023 // As the calendar flips to 2023, among the scores of new laws taking effect are a pair of legislative mandates that would, for the first time anywhere in the country, require firearms owners to obtain and maintain liability...
Boy Scouts, Catholic Dioceses Find Haven From Sex Abuse Suits in Bankruptcy
Jan 3 2023 // Lawmakers around the United States have tried to grant justice to victims of decades-old incidents of child sexual abuse by giving them extra time to file lawsuits. Now some of the defendants in these cases, including...
Not Time to Celebrate Soft Market but Commercial Insurance Rates Are Stabilizing
Dec 29 2022 // With last year’s 25% rate hikes for public directors and officers liability insurance dropping to 2.5%, and 150% hikes for cyber cover sinking to 25%, significant softening is forecast for some casualty lines in...
Top 10 East Insurance Journal Stories of 2022
Dec 29 2022 // An auto repair shop owner becomes his own lawyer and beats a giant insurer. An insurer mishandles a claim involving a beer pong tournament. A violent gang is accused of trying to take over New York City’s fire...
Maritime Liability Rules Changed After Deadly 2019 California Boat Fire
Dec 27 2022 // Federal lawmakers have changed 19th-century maritime liability rules for accident victims and their families in response to the 2019 boat fire off the coast of Southern California that killed 34 people. The Small Passenger...
U.S. Judge Bars 3M From Shifting Earplug Liability to Bankrupt Unit
Dec 27 2022 // A U.S. judge on Thursday [Dec. 22] barred 3M Co. from trying to avoid liability for injuries current and former U.S. military members sustained from its allegedly defective earplugs by shifting blame to a subsidiary. U.S....
New Jersey Lawmakers Pass Gun Carry Bill With Insurance Mandate
Dec 21 2022 // New Jersey lawmakers gave final approval Monday to legislation overhauling rules to get a firearm carry permit after this summer’s U.S. Supreme Court ruling expanded gun rights. The Democrat-led Senate passed the...
Investment Firm Altaris to Acquire Trean
Dec 20 2022 // New York-based investment firm Altaris said it has agreed to acquire the remaining 53% of stock in specialty insurance company Trean Insurance Group, Inc. that it does not already own for $6.15 in cash per share. The...
Dog Attack Clearly Excluded From Apartment Complex Owner’s Policy
Dec 20 2022 // The animals exclusion in an apartment complex owner’s liability policy is not ambiguous and the insurer rightfully denied a claim involving a boy who was injured when he was attacked by a dog while visiting in an...
UK MGA Pen Underwriting Launches Claims Hub Dedicated to Property, Liability
Dec 19 2022 // Pen Underwriting has launched a new regional claims hub in Chelmsford dedicated to managing commercial property and liability claims, which will complement its existing team of specialists in Manchester, England. As part...
Texas Supreme Court to Hear Case on Liability for Railroad Crossing Collision
Dec 16 2022 // The Texas Supreme Court has agreed to hear a case involving a collision of a train and a car at a railroad crossing that raises questions of federal preemption as well as sufficiency of evidence. Ladonna Sue Rigsby was...
Rising Climate Costs to Challenge Companies, Countries in 2023
Dec 15 2022 // In a year marked by yet more climate-linked floods, hurricanes and droughts, governments and companies were forced to look more closely at the financial risks and their exposure to liability. Nowhere was this more apparent...
Uninsured Motorist Coverage Does Not Apply to Horse-Drawn Buggy
Dec 13 2022 // Delaware courts have never before been asked whether a horse-drawn buggy is a motor vehicle. Now a state court has definitively ruled that a horse-drawn buggy is not a motor vehicle. “The plain meaning of...
EPL Exposures Redefined Post Pandemic: PLUS Panel
Dec 13 2022 // Post-Covid changes in the workplace have created a slew of new issues and exposures for employers. From the changing attitudes toward job flexibility and accommodations to the need for employee training to prevent...
People Moves: Berkshire Hathaway Promotes Pair; Encova Foundation Adds Moore
Dec 5 2022 // Berkshire Hathaway Specialty Insurance Promotes Two U.S. Executive & Professional Lines Leaders Berkshire Hathaway Specialty Insurance has promoted two members on its U.S. executive and professional lines team in...
Update: Pickleball Explosion in Florida Creating New Hits and Misses for Insurers, Agents
Dec 5 2022 // If the insurance industry hasn’t noticed, the sport known as pickleball is exploding across the country, especially in Florida, where more than 15 indoor clubs, replete with air conditioning, cafes, locker rooms,...
Navigating the Brewery Market
Dec 5 2022 // The national labor shortage is disrupting businesses across the country, and the brewery industry is no exception. There are three million fewer Americans in the labor force today compared to February 2020, According to...
Risk Managers Want More Involvement in Organizational ESG Strategy: WTW Survey
Dec 1 2022 // More than half of risk managers are significantly involved in their organization’s environmental, social and governance (ESG) efforts, but 77% believe they should take an active or more active role in ESG strategy...
