Latest Liability Headlines
All the headlines from our Liability Topic Page, ordered by recency.
Indiana Court: Allstate Liable in Fatal Crash Because Victim Was a ‘Resident Relative’
Oct 14 2020 // The Indiana Supreme Court has ruled that Allstate must pay $25,000 in uninsured motorist benefits to the estranged husband of a woman who died while riding as a passenger in a car crash after moving back in with her...
Munich Re Specialty Launches E&O Covearge for Mid-Sized Law Firms
Oct 12 2020 // Munich Re Specialty Insurance has launched a lawyers professional liability (LPL) insurance product, an errors and omissions policy specially designed for mid-size law firms. The LPL policy provides up to $5 million in...
Nexus Adds E&S Market to Professional Liability Offering
Oct 9 2020 // Independent specialty managing general agent Nexus has added a Brit Syndicate to its US roster of carriers, giving it the ability to now underwrite its miscellaneous professional liability product on an excess &...
Calls for Reform Revived Over More Than A Century Old New York Law
Oct 8 2020 // A coalition of business advocacy and local government groups have renewed calls for reform to a New York law that has been on the books since the late 1800s. New York State Labor Law sections 240/241, known as the Scaffold...
No Action Yet on Trump Social Media Liability Proposal
Oct 8 2020 // The Federal Communications Commission has given no indication it will move quickly on an effort by President Donald Trump to narrow the ability of social media companies to remove objectionable content and require new...
DOXA Acquires AMS Professional Liability, Allsouth Professional Liability of Florida
Oct 8 2020 // AMS Professional Liability, a wholesale broker in the state of Florida, and Allsouth Professional Liability, a brokerage specializing in professional liability insurance in the southeastern United States, have been...
AXIS Insurance Adds 4 Senior Underwriters to Management Liability Team
Oct 7 2020 // Specialty insurer AXIS Insurance has hired four experienced underwriters to its U.S. Management Liability team. Christina Segreti, Drew Kushnick, Matthew Holzinger and Sherry Alexakis have joined AXIS as senior...
How Coronavirus Is Changing Claims, Risks, Work, Habits, Supply Chains and More
Oct 7 2020 // The magnitude of the COVID-19 pandemic as an economic loss events is unprecedented for companies and insurers alike and claims trends and risk exposures are likely to evolve in both the mid- and long-term as a result of...
Worldwide Facilities Acquires New Jersey’s Hunt Jorgensen
Oct 5 2020 // Worldwide Facilities LLC, a national wholesale insurance broker, managing general agent and program underwriter, has acquired Hunt Jorgensen LLC, a managing general underwriter specializing in professional liability...
Court Approves $800 Million Settlement For Las Vegas Shooting Victims
Oct 5 2020 // A court last week approved a settlement totaling $800 million from casino company MGM Resorts International and its insurers to more than 4,400 relatives and victims of the 2017 Las Vegas Strip shooting that was the...
Homeowners Coverage Gaps? Here Are Some ‘Mower’
Oct 5 2020 // In 2018, the Insurance Journal published an article titled “Lawnmower Injuries Remain Source of Serious Injury and High Costs.” A study cited in the article stated each day during the mowing season, about 30...
Boston Insurance Brokerage Promotes Treen to VP of Finance and Administration
Oct 2 2020 // Boston Insurance Brokerage LLC (BIB) has promoted Casie Treen to vice president of Finance and Administration. Treen has been a member of the BIB team since 2011. She joined BIB as an intern while pursuing a degree in...
Judge Blocks Trump ‘Secretive’ Commission Report on Police and Civil Justice
Oct 2 2020 // Before a U.S. federal judge on Thursday halted the work of a Trump administration law enforcement commission – saying it had violated public meetings laws – the panel had been warned about shutting out public...
Next Insurance Adds 24 States to Its Workers’ Compensation Market Map
Oct 1 2020 // Next Insurance has expanded its workers’ compensation offering into 24 additional states, including Arizona, Connecticut, South Carolina, Indiana and Virginia. The digital small business insurer said that the...
Vermont Department of Economic Development Hires Nevins
Oct 1 2020 // The Vermont Department of Economic Development (DED) has hired Brittany Nevins as the new Captive Insurance Economic Development director. She replaces Ian Davis, Vermont’s former director of Financial...
COVID-19 Crisis Renews Attention on Systemic (Uninsurable) Risks
Sep 30 2020 // Reinsurers and insurers for years have been worried about systemic risks – those uninsurable risks with the potential of surpassing the capital of the industry. The COVID-19 crisis has renewed attention on these risks,...
HUB to Offer InsuraGuest Small Claims Hospitality Product to Hotel Clients
Sep 29 2020 // Hub International Limited (HUB), and InsuraGuest, Inc., have partnered to offer InsuraGuest’s Hospitality Liability coverage to HUB hotel clients in the U.S., with plans to expand to HUB’s clients in Canada by...
Florida Supreme Court Caps High School Shooting Liability at $300K
Sep 29 2020 // The Florida Supreme Court ruled Thursday that a school district can’t be forced to pay more than $300,000 total to the victims or their families in the Parkland high school massacre that left 17 people dead and...
Even Failed Claims Against Nurses Cost Insurers $20K, Liability Study Shows
Sep 28 2020 // Liability claims that involve nurses cost an average of $210,513 if a large indemnity payment is made, but even claims that are dropped, defeated or dismissed end up costing more than $20,000, according to a report...
Beazley Expands Life Sciences Insurance Offering in UK
Sep 28 2020 // Specialist insurer Beazley has enhanced its life sciences insurance offering in the UK with the launch of a new policy designed to protect the sector’s small and start-up research & development-focused...
