Latest Liability Headlines
All the headlines from our Liability Topic Page, ordered by recency.
Crum & Forster Adds Quaranta, Borovski to East, Southeast eRisk Teams
Feb 19 2021 // Crum & Forster has expanded its eRisk team with the addition of Cassie Quaranta as an executive underwriter in the Northeast Region and Vlad Borovskyi as an underwriter in the Southeast Region. Quaranta and Borovskyi...
Texas Leaders Failed to Heed Warnings About Vulnerability of Power Grid, Experts Say
Feb 18 2021 // Millions of Texans have gone days without power or heat in subfreezing temperatures brought on by snow and ice storms. Limited regulations on companies that generate power and a history of isolating Texas from federal...
Berkshire Hathaway Specialty Names 3 Regional Executives for Professional Lines
Feb 18 2021 // Berkshire Hathaway Specialty Insurance (BHSI) has expanded its U.S. Executive & Professional Lines leadership team, naming Shelley Norman as senior vice president, Management Liability, Central region, and promoting...
HDI Global Resets International Strategy for Liability Line, Expands Management Team
Feb 18 2021 // HDI Global SE (HDI) is resetting the strategy of its Liability Line and is expanding its management team that reports to Dr. Mukadder Erdönmez, member of the HDI Global SE Executive Board. Joining the management of the...
Montana Governor Lifts Mask Mandate, Virus Liability Protections in Place
Feb 17 2021 // Montana’s statewide mask mandate that had been in place since July was lifted by Gov. Greg Gianforte. But some cities and counties are keeping local mask requirements because they think the governor’s move was...
Liability for SPAC Flops: Waitr Could Be Test Case for Disgruntled Investor Lawsuits
Feb 16 2021 // Waitr Inc. never had the resources of rivals Grubhub Inc. and UberEats. Yet in November 2018 the online food ordering and delivery business went public through a merger with blank-check firm Landcadia Holdings...
Montana Governor Signs Virus Lawsuit Liability Shield
Feb 12 2021 // Montana Gov. Greg Gianforte signed a bill this week intended to protect businesses and health care providers from coronavirus-related lawsuits. Gianforte said the new law will allow businesses to safely open during the...
SafeHerb Develops ‘Seed to Sale’ Coverage for Cannabis, Hemp Business
Feb 11 2021 // A new commercial insurance product from SafeHerb, a division of Specialty Program Group, provides a full suite of insurance protection for the cannabis and hemp industries. SafeHerb’s Cannabis & Hemp Insurance...
CFC Enhances E&O Policy for Design, Construction Contractors
Feb 10 2021 // CFC has upgraded its errors and omissions policy for US-based design and construction contractors to include costs for steps taken by the contractor to mitigate against a potential claim where work was not rectified, and...
Federal Judge Sides with Chubb in Denial of Target’s Data Breach Bank Claims
Feb 10 2021 // Target Corp. has been denied its $138 million insurance claim against ACE (now Chubb) Insurance companies stemming from a 2013 data breach. A federal judge in Minnesota ruled the retailer had failed to prove that its...
Alabama Lawmakers Move Forward with COVID Liability Protections
Feb 8 2021 // Alabama lawmakers on Thursday fast-tracked a pair of pandemic bills – one to exempt coronavirus relief payments from state income tax and another to shield businesses, health care providers and others from...
Berkley Service Professionals Names Rea as Executive Vice President
Feb 8 2021 // Berkley Service Professionals, a division of Berkley company Berkley Alliance Managers, has named Tom Rea as executive vice president. Rea is a licensed insurance agent and surplus lines broker in the state of...
Senators Offer Bill to Limit Liability Shield for Social Media Firms
Feb 8 2021 // Three Democratic U.S. senators introduced a bill that would limit Section 230, a law that shields online companies from liability over content posted by users, and make the companies more accountable when posts result in...
McGriff Launches On-Demand Excess Liability Product for Freight Brokers
Feb 8 2021 // McGriff has launched a new product that gives freight brokers the ability to purchase excess auto liability coverage online. TripExcess is a per-shipment excess liability product that will allow shippers, 3PL/brokers and...
COVID-19 and Employment Practices Litigation
Feb 8 2021 // As soon as the first community was shut down to slow the spread of the coronavirus or the first announcement of a safer at home order by a governor, some of us saw the storm of suits coming related to the loss of business...
Declarations
Feb 8 2021 // Insurance Fraud Costs “Insurance fraud is not a victimless crime. When false claims are made and money is stolen from insurance companies, it forces all of our insurance rates to increase and costs each of us...
Surfacing Emerging Risks From Covid, Cyber, Civil Unrest, Mergers, and More…
Feb 8 2021 // Insurance Journal examined industries experiencing changes and challenges due to the COVID-19 pandemic, societal unrest and other market forces experienced in 2020. Here are 10 industry sectors that could see new and...
2021: The Year of Insurance Agency E&O Lawsuits
Feb 8 2021 // Insurance agents and brokers should prepare for a big agency errors and omissions (E&O) litigation wave to crash their shores in 2021. Agency E&O claims are a lagging indicator, meaning plaintiffs typically only go...
Indiana Lawmakers Fast-Track COVID-19 Lawsuit Shield
Feb 7 2021 // Indiana legislators are poised to finalize a fast-tracked proposal that will give a broad shield protecting businesses and others from lawsuits by people blaming them for contracting COVID-19. The proposal is a top...
Judge Dismisses Walmart Lawsuit Over Pharmacy Liability in Opioid Crisis
Feb 5 2021 // A federal judge has dismissed Walmart Inc’s lawsuit seeking to preemptively block the U.S. government from blaming the world’s largest retailer for its alleged role in fueling the nation’s opioid...