Latest Liability Headlines
All the headlines from our Liability Topic Page, ordered by recency.
Allstate Executives Shuffle With Retirement of Property-Liability President
Aug 19 2022 // Allstate announced August 18 that Glenn Shapiro, president, Property-Liability, has decided to retire at the end of September. He joined Allstate as chief claims officer in 2016 and has held his current position since...
Forged Signatures, Fake Policies? Lawsuits Raise Questions About Captive Plan
Aug 19 2022 // The owners of one of the oldest insurance agencies in Texas must have felt pretty surprised when they were named in a federal lawsuit brought by an AIG company, alleging the agency was part of an elaborate fraud that...
ER Docs Are Independent Contractors, But Hospital Still Controls, Florida Court Finds
Aug 16 2022 // As in many business and commercial liability disputes, it’s all about the wording of the contract, a Florida appeals court decided in a medical malpractice case that could affect hospitals’ relationships with...
Maryland Court Affirms Limits on Hiring Firm Liability for Contractor Negligence
Aug 16 2022 // The mother of a man killed on a Baltimore construction site who was barred by Maryland’s workers’ compensation law from suing the contractor hired by the city has lost a bid to hold the city and subcontractor...
How the Supply Chain Crisis Is Heightening Risk Exposures in Commercial Lines
Aug 15 2022 // The supply chain crisis has seared itself into popular imagination through empty shelves where toilet paper once stood and a desperate shortage of baby formula. But the ripple effects that emanate from globally disrupted...
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...
