Latest Liability Headlines
All the headlines from our Liability Topic Page, ordered by recency.
Viewpoint: Florida High Court Tapped Brakes On Dangerous Instrumentality Liability
Dec 26 2023 // Floridians concerned about liability when sharing their automobiles with children or friends can relax a bit after the Florida Supreme Court’s recent ruling on the state’s long-standing dangerous...
Company Party Tips: Be Joyful, Not Liable
Dec 21 2023 // The company holiday party holds inherent potential for drama and danger. Holiday parties have bounced back big-time post-pandemic. The 2023 Challenger Holiday Party Survey from Challenger, Gray and Christmas, Inc. found...
Banks, Insurers Temporarily Dodge Full Impact of EU’s Harshest ESG Law to Date
Dec 19 2023 // The finance industry will be shielded from the full scope of the European Union’s most consequential piece of ESG legislation to date, as the bloc settles on a compromise to help it get the bill over the finish...
Judge Blocks Chubb Exit From New York Diocese’s Thousands of Child Sex Abuse Suits
Dec 19 2023 // A New York judge has ruled that the “plain language” of Chubb Insurance policies dictates that the insurer must cover the Archdiocese of New York parishes and schools as they contend with thousands of sex abuse...
Alera Group: Personal Insurance Outlook ‘Discouraging’
Dec 18 2023 // Unprecedented industry losses and unprofitability in homeowners and auto insurance will significantly impact pricing and availability in 2024, especially in catastrophe-prone areas and states with challenging regulations,...
Ryan Specialty Forms International Financial Lines MGU Ryan Financial Lines
Dec 13 2023 // Ryan Specialty said it has formed an international financial lines managing general underwriter (MGU), Ryan Financial Lines. This MGU is being created by unifying the operations of EmergIn Risk, led by Jamie Bouloux;...
New York Law Bars Subrogation by Lloyd’s in LaGuardia Project, Appeals Court Affirms
Dec 13 2023 // A federal appeals court has declared that New York law prevents Lloyd’s from recovering some loss payments from Zurich American because Zurich’s insured was also an insured of Lloyd’s in a case involving...
Maryland’s Workers’ Compensation Bars Non-Dependent Child’s Wrongful Death Claim
Dec 12 2023 // A non-dependent adult child whose father died on the job does not have a right to bring a wrongful death claim against her late father’s employer, the Maryland Appellate Court has ruled. The appeals court affirmed a...
Travelers Wins CGL v. E&O Battle in Insurance Agency Defamation Case
Dec 8 2023 // Travelers Casualty Insurance Co. did not owe a duty to defend or indemnify its insured, CBIZ Borden-Perlman Insurance Agency, Inc., in a tort action in which Republic, as another insurer of B-P, bore the litigation and...
‘No Material or Sudden Changes’ in Commercial Insurance Pricing: WTW
Dec 4 2023 // Even though reinsurance executives are making noise about social inflation and liability rate inadequacy, WTW isn’t expecting any major changes in the pricing for commercial casualty or property insurance markets...
An Apprenticeship
Dec 4 2023 // Recently, I spent a week learning about an entirely different industry than insurance. It was a great education. Along the way, I also learned about their insurance situation. As is common, provably common, about insurance...
Oregon Regulator to Investigate Pacificorp’s Request to Limit Wildfire Liability
Nov 30 2023 // Oregon’s utility regulator this week said it would investigate a petition by PacifiCorp to limit its liability from future wildfire-related lawsuits, delaying a decision on the power provider’s request by as...
Consumer Reports: On Average, Electric Vehicles Less Reliable Than Gas Vehicles
Nov 30 2023 // Electric vehicles have proved far less reliable, on average, than gasoline-powered cars, trucks and SUVs, according to the latest survey by Consumer Reports, which found that EVs from the 2021 through 2023 model years...
P/C Insurers Face Challenging Claims Dynamics as Frequency, Severity Rise: Swiss Re
Nov 28 2023 // The property/casualty insurance industry is confronting challenging claims dynamics, with rising frequency and severity of claims despite decreases in economic inflation, according to Swiss Re. The pace of claims growth in...
Probitas Ready to Launch Lloyd’s Special Purpose Arrangement for 2024 Year of Account
Nov 28 2023 // Lloyd’s syndicate Probitas 1492 announced that Lloyd’s has given formal approval for its special purpose arrangement (SPA), which will begin underwriting in the 2024 year of account. The SPA, called “AdA...
Markets/Coverages: CFC Upgrades Packaged Cyber Cover, Services for SMEs
Nov 22 2023 // Specialist insurer CFC announced a major upgrade to its packaged insurance policies for professional services businesses. Brokers selling CFC’s professional liability policies can offer SME clients add-on cyber cover...
The Next Chapter: Employment Practices Liability
Nov 20 2023 // Employment Practices Liability (EPL) insurance has been available since the late 1980s. But it was not until September 1991 when the world witnessed the Clarence Thomas Supreme Court hearings and Anita Hill’s...
Revisiting Terrorism Issues
Nov 20 2023 // Yesterday was my son’s 12th birthday but he didn’t spend it unwrapping presents or gorging on ice cream and cake. Most of our evening was spent solemnly observing unspeakable horror and devastation as the...
Markets/Coverages: Arch Insurance Int’l Launches Intangible Assets Team for IP Risks
Nov 17 2023 // Arch Insurance International has launched an intangible assets team, which joins from Aon following an agreement to acquire certain assets of its intellectual property (IP) liability MGA business. Led by Ian Lewis as head...
What to Expect: ‘No Material or Sudden Changes’ in Commercial Insurance Pricing
Nov 17 2023 // Even though reinsurance executives are making noise about social inflation and liability rate inadequacy, WTW isn’t expecting any major changes in the pricing for commercial casualty or property insurance markets...
