Latest Liability Headlines
All the headlines from our Liability Topic Page, ordered by recency.
WHO to Form COVID Insurance Scheme for Vaccine Side-Effects in Poor Nations
Oct 29 2020 // BRUSSELS – A vaccine scheme co-led by the World Health Organization is setting up a compensation fund for people in poor nations who might suffer any side-effects from COVID-19 vaccines, aiming to allay fears that could...
Boston Insurance Brokerage Expands Specialty Offerings; Fell to Lead New Division
Oct 29 2020 // Boston Insurance Brokerage (BIB) has announced an expansion of its specialty offerings to include Programs & Compliance. The new division at BIB will be led by Senior Vice President Christopher Fell. BIB has a history...
Twitter, Facebook, Alphabet Executives to Defend Liability Shield Before Senate
Oct 28 2020 // The chief executives of Twitter Inc., Facebook and Alphabet Inc. will tell U.S. lawmakers at a hearing on Wednesday that a federal law protecting internet companies is crucial to free expression on the internet, according...
New CFC Intellectual Property Product Targets Risks of M&A Transactions
Oct 27 2020 // CFC has launched a new product designed to address intellectual property (IP) infringement risks facing buyers undertaking a merger or acquisition. The product offers protection to buyers for IP infringement risks...
Insurers Face Liability Uncertainties as Ships Begin to Sail Through Arctic Waters
Oct 27 2020 // When Captain Will Whatley guides a ship through Arctic waters, he is starkly aware of what can go wrong. Double the manpower is needed to navigate. Lookout shifts are kept to just one hour, so sailors don’t lose...
Big Tech Lobby Seeks EU Liability Cover to Tackle Hate Speech, Illegal Content
Oct 26 2020 // Big technology platforms are calling on the European Union to protect them from legal liabilities for removing hate speech and illegal content as government scrutiny over how platforms manage user posts grows worldwide. A...
ISO Business Auto Form and Endorsement Revisions
Oct 23 2020 // Effective November 1, 2020, Insurance Services Office (ISO) is introducing 19 new endorsements for its business auto program. Many of these changes are the result of requests from IIABA’s Technical Affairs...
Walmart Sues U.S. to Clarify Pharmacy Liability in Opioid Crisis
Oct 23 2020 // Walmart Inc. said on Thursday it had filed a lawsuit against the federal government, seeking clarity on the roles and legal responsibilities of pharmacists and pharmacies in filling opioid prescriptions. Walmart said...
Tangram Teams With Markel on Propane and Fuel Distributors Program
Oct 23 2020 // Tangram Insurance Services, a managing general agency, and Markel Corp. have launched a program to provide excess liability capacity above Tangram’s current offering in the propane and fuel distribution...
FCC Says It Has Authority to Change Social Media Liability Shield
Oct 22 2020 // The top lawyer at the U.S. Federal Communications Commission (FCC) said Wednesday the telecommunications regulator has legal authority to redefine the immunity shield protecting social media companies that could make it...
Survey Finds 78% of Risk Managers Now Buying Cyber Insurance
Oct 20 2020 // The tenth year of the Zurich North America and Advisen Cyber Survey reveals that 78% of risk managers now purchase some level of cyber insurance — compared to only 34% in 2011. Of this record of 78% with some cyber...
Halloran to Lead New PointeNorth Management & Executive Liability Practice
Oct 20 2020 // PointeNorth Insurance Group, LLC (PNIG), an independent insurance agency in the Southeast, has launched a management & executive liability practice to help businesses prepare and proactively manage executive liability...
BHSI Introduces D&O Liability, Professional Indemnity Policies in Dubai, Middle East
Oct 19 2020 // Berkshire Hathaway Specialty Insurance (BHSI) announced it has developed proprietary directors & officers (D&O) liability and professional indemnity (PI) policy wordings for customers in the UAE and throughout the...
Reshaping Claims Trends
Oct 19 2020 // The COVID-19 pandemic continues to alter how we work and live across the globe. It is also altering claims trends and risk exposures. According to a new report, Covid-19 – Changing Claims Patterns, from Allianz...
U.S. Treasury Warns Cyber Liability Insurers Against Paying Ransomware Demands
Oct 19 2020 // The U.S. Treasury Department is warning that individuals or businesses that help facilitate ransomware payments may be violating anti-money laundering and sanctions regulations. The warnings came in a pair of advisories,...
New York’s NFP Hires Pendergast to P&C Division as Senior Vice President
Oct 16 2020 // NFP, a New York, N.Y.-headquartered insurance broker and consultant that provides property and casualty (P&C), corporate benefits, retirement and individual solutions, has hired Andrew Pendergast to its P&C...
Malpractice Claims Against Hospitals Hold Steady But Severity Increases
Oct 16 2020 // The frequency of hospital professional liability claims is holding steady, but the cost of those claims is expected to increase by 3% next year, according to an actuarial analysis by Aon and the American Society of Health...
FCC Chief Vows to Advance New Social Media Company Liability Rules
Oct 16 2020 // Federal Communications Commission chairman Ajit Pai said Thursday the agency will move forward to set new rules to clarify the meaning of a key legal protection for social media companies. The announcement came as...
Lack of Clarity on Liability Could Cause Delay with WHO Coronavirus Vaccine Drive
Oct 16 2020 // BRUSSELS – Who foots the bill if people in poor countries fall sick with unexpected side-effects from coronavirus vaccines? It’s not clear and that’s a big problem in the battle to beat COVID-19. The World...
Michigan Legislature Passes Legal Liability, Unemployment Measures
Oct 15 2020 // Michigan’s Republican-led Legislature on Oct. 14 voted to keep intact longer-lasting unemployment benefits and other coronavirus-related orders issued by Democratic Gov. Gretchen Whitmer, while also striking a deal...
