Latest Liability Headlines
All the headlines from our Liability Topic Page, ordered by recency.
In an About-Facebook, Zuckerberg Likes Internet Regulation As Way to Win Public Trust
Feb 18 2020 // For years, Facebook Inc. lobbied governments against imposing tough regulations, warning in some cases that they could harm the company’s business model. Now, it’s pleading for new rules for the good of its...
Allstate’s Growth Plan Includes Shift in Agent Commissions, Hike in Advertising
Feb 10 2020 // Allstate first disclosed its Transformative Growth Plan in December, an effort to overhaul how it does business, boost efficiency and reduce expenses. During the Illinois-based property/casualty insurer’s Q4 2019...
Take a ‘Deep Dive’ Into the Nonprofit Sector: Nonprofits Treading Water as Market Hardens
Feb 10 2020 // The task of insuring nonprofit organizations is a complex one and agents, brokers, underwriters and carrier representatives say that in order to fully serve those entities that serve our communities in myriad ways,...
20 Noteworthy Agency Merger Stories of 2019
Feb 10 2020 // 1. January Nationwide Acquires Liability Insurance Program Manager E-Risk Services: Nationwide acquired a New Jersey privately held program manager specializing in management liability lines. Nationwide said E-Risk will...
Insurance CEO Takes Fight for Nonprofit Coverage to Congress
Feb 10 2020 // Pamela Davis, president, founder and CEO for the Nonprofits Insurance Alliance (NIA), is on a mission to help nonprofits be successful at their mission by ensuring insurance is affordable and available. She started the...
Insurance Most Needed by Cannabis Businesses
Feb 10 2020 // The NAIC’S Cannabis Insurance Working Group in a recently approved white paper identified some of the most pressing insurance needs of cannabis businesses. Insurance most frequently needed by the cannabis industry...
Argo to Sell Trident Public Risk Solutions to Paragon MGA
Feb 7 2020 // Bermuda-based global specialty lines underwriter Argo Group International Holdings has agreed to sell its Trident Public Risk Solutions brand and underwriting platform to Paragon Insurance Holdings. Trident Public Risk...
Top 5 Trends in Changing Personal Umbrella Market That Agents Need to Know
Feb 3 2020 // The personal umbrella market had been steady for many years, with lots of choices available in the market when it came to finding the right coverage for customers. However, recent changes are turning the market upside down...
Justice Department Sets Meeting on Internet Liability
Jan 31 2020 // The U.S. Justice Department said on Thursday it will hold a public meeting on Feb. 19 to discuss the future of a federal law which largely exempts online platforms from legal liability for the material their users...
Woodruff Sawyer Names Milano as Vice President of Management Liability
Jan 31 2020 // Woodruff Sawyer, an insurance brokerage in the U.S., has named Teresa Milano as vice president of Management Liability, effective immediately. Milano joins the Boston, Mass., office of Woodruff Sawyer, where she’s...
Risk Strategies Acquires Maryland’s Weaver Brothers Insurance
Jan 29 2020 // Risk Strategies, a Boston, Mass.-based, privately held national insurance brokerage and risk management firm, has acquired Weaver Brothers Insurance Inc., a full-service brokerage based in Bethesda, Md. Terms of the deal...
Key House Member Eyes Internet Liability Changes Before Election
Jan 29 2020 // Representative Jan Schakowsky has asked her staff to examine changes to a liability shield that protects tech platforms such as Facebook Inc. from lawsuits because of her concerns about how fake information could be used...
Everest Offers Small Law Firm Liability Program Via Digital Broker Embroker
Jan 29 2020 // Everest Insurance has joined with digital broker Embroker to provide an online lawyers’ professional liability program for law firms with up to 10 employed attorneys. Through Embroker’s digitized platform,...
California Commissioner Spearheading National Cannabis Insurance Framework
Jan 28 2020 // California Insurance Commissioner Ricardo Lara is at the forefront of shaping how state insurance regulators all over the U.S. will deal with the legal cannabis market. Lara is not only the chief insurance regulator of the...
TDI to Insurers: Compliance with Temporary Vehicle Coverage Provisions Required
Jan 28 2020 // The Texas Department of Insurance has reminded carriers that provide personal auto insurance in the state about the need to comply with new temporary vehicle coverage provisions contained in House Bill 3420. HB 3420,...
Internet Firms’ Liability Shield on Justice Department Meeting Agenda
Jan 27 2020 // The U.S. Justice Department is planning to hold a conference to discuss the future of a federal law which largely exempts online platforms from legal liability for the material their users post, sources familiar with the...
Logic & Language, Forms & Facts: The Unimpeachable Case of the Word ‘Are’
Jan 27 2020 // Last year, I wrote a 12-part series of Insurance Journal columns based on my book “When Words Collide: Resolving Insurance Coverage and Claims Disputes” where I shared the principles and practices I’ve...
Texas E&S Premium Up 14.3% in 2019, Stamping Office Says
Jan 27 2020 // Excess and surplus lines insurance premium (E&S) in Texas reached $6.95 billion in 2019, a 14.36% increase over 2018’s premium total of $6.08 billion, according to the Surplus Lines Stamping Office of Texas...
Making Big Oil Pay for Climate Change May Be Impossible
Jan 24 2020 // Exxon Mobil dodged a bullet last month when a judge rejected a novel climate-change lawsuit brought by New York’s attorney general. The case began with a promise from state officials that there would be a historic...
Travelers Reports Strong Q4, Full Year Results on Lower Catastrophe Losses
Jan 23 2020 // Strong quarterly and full year 2019 results for Travelers Cos. were helped by lower catastrophe losses and premium hikes. Net income rose to $873 million in the fourth quarter ended Dec. 31 from $621 million for the same...
