Latest Liability Headlines
All the headlines from our Liability Topic Page, ordered by recency.
People Moves: Hartford’s Kirk Joins Acrisure; Hamilton Select Welcomes Minarik From AmWINS, James River’s Kirkland
May 16 2022 // Insurance broker Acrisure has appointed Matthew Kirk as executive vice president and head of Insurance Strategy and Execution. Kirk joins Acrisure following 16 years at The Hartford, where he served as senior vice...
A Changing Live Event Insurance Landscape; Coverage Restrictions in Today’s Market Requires Critical Policy Reviews
May 16 2022 // There are a wide variety of possible liabilities associated with a single live event. Each has its own share of challenges and unpredictability, meaning even the tiniest misstep could spell disaster. That’s why live...
Markets/Coverages: Marsh Renewable Energy; Main Street Farm; Munich Re Surety; Skyward Crane & Rigging; Draftrs Professional Liability
May 12 2022 // Marsh Launches Renewable Energy Facility Insurance broker Marsh announced the launch of a renewable energy facility that provides streamlined, dedicated insurance capacity for mid-scale solar and battery energy storage...
Airbnb Beefing Up Guest Services With Satisfaction Guarantees, AirCover Protection
May 12 2022 // Wednesday morning Airbnb Inc. revealed what it’s calling its “biggest change in a decade.” Beyond modifications to its user interface and nifty new bells and whistles, it’s also addressing one of...
Creaky U.S. Power Grid Threatens Progress on Renewables, EVs
May 12 2022 // After decades of struggle, the U.S. clean-energy business is booming, with soaring electric-car sales and fast growth in wind and solar power. That’s raising hopes for the fight against climate change. All this...
Exclusion Left Off Declarations Page Ruled Unenforceable ‘Hidden Trap’ in New Jersey
May 9 2022 // A three-judge New Jersey Superior Court appellate panel has ruled that an intra-family liability exclusion in a Travelers (St. Paul) auto insurance policy amounts to a “hidden pitfall” and is unenforceable...
Judges Skeptical as Purdue Seeks Revival of Sackler Liability Shield in Bankruptcy Deal
May 2 2022 // Judges on a U.S. appeals court appeared hesitant on Friday to revive a legal shield that would protect members of the Sackler family who own Purdue Pharma from lawsuits related to the prescription opioid OxyContin, a key...
Malpractice Insurance Premiums Increased 22%, Despite Fewer Claims
May 2 2022 // The number of malpractice claims filed against hospitals and physicians dropped 14% in 2020, even as premiums rose 22% on average, according to the most recent report by the American Society for Health Care Risk Management...
Logic & Language and Forms & Facts, Insuring College Students
May 2 2022 // “Whether four years of strenuous attention to football and fraternities is the best preparation for professional work has never been seriously investigated.” – Robert Maynard Hutchins While this quote...
Nursing Malpractice Coverage Brings Peace of Mind
May 2 2022 // Health care is a highly complex and ever-changing environment that can lend itself to high-risk, and life-threating, situations. Healthcare professionals, including nursing professionals, can make mistakes so having the...
Takeaways from Our Conversation on Cannabis D&O
Apr 29 2022 // Powered by InsuranceJournal.tv Directors and officers insurance is pricey and difficult to obtain in most business sectors, but by some accounts cannabis businesses may pay up to 50% more in premiums for D&O – if...
A Different Kind of Guard: Agent Watches NFL Draft With Eye on Protecting Players
Apr 28 2022 // Like millions of Americans, Timothy Radcliff will be glued to the NFL Draft the next couple days. Radcliff’s interest in the draft isn’t predicated on which quarterback goes off the board first or whether the...
Global Insurance Rates Continue to Moderate in Q1 – With the Exception of Cyber
Apr 28 2022 // Global commercial insurance prices rose 11% in the first quarter of 2022, marking the fifth consecutive reduction in rate increases since pricing peaked at 22% in the fourth quarter of 2020, according to the Global...
Inflation Boosts W.R. Berkley Top Line to Record Level as Exposures Grow
Apr 28 2022 // While investment analysts continue to track commercial insurance rate hikes for property/casualty insurance carriers, exposure growth was an important contributor to a top-line record for the first quarter at W.R. Berkley...
People Moves: Vantage Adds Lea as Vice President; MJ Insurance Names Gates as IT Project Manager
Apr 27 2022 // Vantage Adds Andrew Lea as Senior Vice President Vantage Group Holdings Ltd. has hired Andrew Lea as senior vice president of cyber liability, technology E&O, media and management professional liability insurance. Lea...
People Moves: Lockton Restructures Int’l Leadership; MGA Arcadian Promotes Barna for Transactional Liability; McGill and Partners Hires DARAG’s Hill for Structured Solutions
Apr 26 2022 // This edition of International People Moves details appointments at brokers Lockton and McGill and Partners as well as the Bermuda MGA Arcadian Risk Capital. A summary of these new hires follows here. Lockton Announces New...
Boy Scouts Bankruptcy Judge Approves Sale of BSA Warehouse
Apr 26 2022 // The judge presiding over the Boy Scouts of America bankruptcy has approved the organization’s request to sell its warehouse and distribution center in North Carolina for roughly $13.5 million and lease back the...
Thorny Issues Face Boy Scouts Bankruptcy Judge
Apr 25 2022 // More than two years after the Boy Scouts of America sought bankruptcy protection to stave off a flood of lawsuits alleging child sexual abuse by Scout leaders and volunteers, a Delaware judge is weighing whether to confirm...
Shell’s Board Faces Personal Liability for Failure to Cut Emissions: Environment Group
Apr 25 2022 // A group that won a victory over energy major Shell last year with a Dutch court order to deepen greenhouse gas cuts has warned the company’s board of possible personal responsibility if it fails to implement the...
People Moves: Miller Taps WTW’s Power, Besso’s Harvey for Professional Risks; Arch Insurance Int’l Appoints Underwriters Barattini and Smith
Apr 21 2022 // This edition of International People Moves details appointments at the insurance broker Miller and insurer Arch Insurance International. A summary of these new hires follows here. Miller Taps WTW’s Power,...
