Latest Liability Headlines
All the headlines from our Liability Topic Page, ordered by recency.
BHSI Hires Kammermann for Exec & Professional Lines in Switzerland; Apollo Taps Beazley’s Foster as Head of Property; MGA Aqueous Hires Hall as Development U/W
Aug 11 2022 // This edition of International People Moves details appointments at Berkshire Hathaway Specialty Insurance, Apollo Syndicate Management, and specialist MGA Aqueous Underwriting. A summary of these new hires follows...
Runoff Specialist RiverStone Buying Vermont Captive Insurer Western P&C
Aug 11 2022 // RiverStone, the U.S. insurance runoff specialist of the Fairfax insurance group, announced a tentative agreement to acquire Western Property & Casualty Insurance Co. to be effective this month. The shareholders of...
When Logging Insurance Got Tough in Pacific Northwest, Firm Got Going with Its Own Program
Aug 9 2022 // When the going gets tough, the tough get going. That might be the most apropos slogan for Axe Insurance Group. The logging industry may be about as tough of a business as one will find. Not only is it well-known to be...
CNA Hardy Online Raises Attachment Points for Excess-of-Loss Cover to £150M
Aug 9 2022 // CNA Hardy, the specialist commercial insurer that writes business within the Lloyd’s and company markets, announced increased flexibility in the attachment points available from its online excess-of-loss platform. By...
Judge in Flint Water Case Talks to Lawyers, Seals Transcript
Aug 8 2022 // A judge handling a trial over liability for lead contamination in Flint’s water sealed the transcript of a hearing with lawyers, a conference held this week while jurors were on an 11-day break from deliberations. A...
Markets/Coverages: At-Bay Launches Misc. Pro Liability; Cover Genius Partners with Zip
Aug 4 2022 // At-Bay Expands Insurance Offerings With Launch of Miscellaneous Professional Liability At-Bay announced the launch of its Miscellaneous Professional Liability (MPL) product, becoming the first to offer an automatically...
BHSI Hires Liberty Specialty’s Ferrari as Head of Transactional Liability in Australasia; AM Best Appoints Curtis for Market Development, Asia-Pacific Region
Aug 3 2022 // This edition of International People Moves details appointments at Berkshire Hathaway Specialty Insurance and AM Best. A summary of these new hires follows here. BHSI Hires Liberty Specialty’s Ferrari as Head of...
Viewpoint: Jury Blasts Defense with a $464.5 Million Nuclear Verdict
Aug 2 2022 // Plaintiffs’ California dreamin’ became a reality when a Los Angeles jury went nuclear with a verdict of $464.6 million after an eight-week trial in June. The verdict included $24.6 million in compensatory...
Takeaways from Our Conversation About Why Most Small-to Mid-Size Cannabis Operators Shun D&O
Aug 1 2022 // Powered by InsuranceJournal.tv Directors and officers insurance has been pricey and tough to obtain for cannabis companies since the industry started requiring coverage. D&O is difficult in most business sectors (For...
The Evolution of Insurance Agencies
Aug 1 2022 // To paraphrase Mark Twain — reports of the demise of insurance agencies have been greatly exaggerated. The local agency has been the backbone of the industry and the target of outside forces that have been trying to...
In Global Claims Report, Allianz Notes Rising Business Interruption Costs
Aug 1 2022 // The number of contingent business interruption claims more than tripled in 2021 as a deep freeze in Texas shut down much of the state’s power grid and a fire at a semi-conductor plant in Japan contributed to a global...
Michigan Jury Gets Flint Water Case About Liability for Engineers
Jul 27 2022 // Jurors heard closing arguments last week in the only trial to arise thus far from the Flint water crisis, a dispute over whether two engineering firms should be held partially responsible for the city’s lead...
People Moves: Howden RE Hires Former Carpenter Exec Thienel to Launch German Unit; MGA Alta Signa Appoints Kisters as Professional Indemnity Manager, Netherlands
Jul 26 2022 // This edition of International People Moves details appointments at the broker Howden RE and the MGA Alta Signa Europe. A summary of these new hires follows here. Howden RE Hires Former Carpenter Exec Thienel to Launch...
Court Agrees With Insurer: Amazon Can Be Sued Under New Jersey Product Liability Law
Jul 26 2022 // Online marketplace Amazon can be sued under New Jersey product liability law for defective products sold by third-party sellers on its website. The federal district court in New Jersey sided with the New Jersey...
Allianz Notes Rising Business Interruption Costs in Global Claims Report
Jul 22 2022 // The number of contingent business-interruption claims more than tripled in 2021 as a deep freeze in Texas shut down much of the state’s power grid and a fire at a semi-conductor plant in Japan contributed to a global...
People Moves: Ryan Specialty Names Bodell as CIO; Core Specialty Adds 3 Underwriters in Cincinnati
Jul 20 2022 // Ryan Specialty Names Bradley Bodell as Chief Information Officer Ryan Specialty Holdings, Inc named Bradley Bodell as chief information officer. In this role, Bodell will lead Ryan Specialty’s technology and security...
Starbucks Ordered to Pay $9 Million After Florida Woman Hit in Drive-Thru Lane
Jul 19 2022 // Starbucks Corp. has appealed a nearly $9 million verdict rendered against it after a customer was struck by a vehicle in the drive-through lane at a Fernandina Beach, Florida, coffee shop. The driver and the property owner...
Gunmaker Sig Sauer Loses Bid to Block New Hampshire Liability Suit Over Pistol Misfire
Jul 18 2022 // A federal court in New Hampshire has denied gunmaker Sig Sauer’s bid to block a product liability lawsuit brought by a man who alleges he was struck by a bullet in the leg because his pistol fired without a trigger...
Alabama Counties’ Insurance Fund Not Liable for its Own Actions in Deadly Dock Fire
Jul 18 2022 // Insurers and government self-insurance pools should be breathing a sigh of relief after the Alabama Supreme Court absolved a county commissions’ fund of direct liability in a marina fire that killed eight people and...
Beyond the Desktop: 3D Printing with Concrete
Jul 18 2022 // Much has been written about concerns related to use of 3D printing in the office or home, including potential risks associated with health, safety, product defects, and more. Now, imagine taking your 3D printer outside and...
