Latest Liability Headlines
All the headlines from our Liability Topic Page, ordered by recency.
N.D. Governor Signs COVID-19 Liability Protection Bill
Apr 27 2021 // North Dakota Gov. Doug Burgum on April 23 signed legislation that creates liability protections to shield health care providers, businesses and others from frivolous claims related to exposure to COVID-19. House Bill 1175...
GEICO Must Pay $2.7M After Failing to Accept $30K Offer: Georgia Supreme Court
Apr 27 2021 // GEICO Indemnity Co.’s refusal to settle a bodily injury claim for $30,000 will cost it more than $2.7 million, under a ruling last week by the Georgia Supreme Court. The high court’s 7-0 decision answered three...
COVID Liability Protection Bill for Businesses, Other Groups Heads to Governor
Apr 26 2021 // The South Carolina House is sending a bill preventing people with COVID-19 from suing businesses and other groups to the governor’s desk. The proposal protects businesses as long as they follow guidelines to protect...
For Some Buyers, Commercial Insurance Market Is Going to Get Better, Easier: Willis
Apr 23 2021 // North American buyers of commercial property/casualty insurance can expect an “ever-so-slight turn for the better” and a “less difficult marketplace” in the months ahead. However, global broker...
Insuring Cannabis Webinar Take Home: Carriers, Brokers Waiting on Sidelines
Apr 22 2021 // There may be many more carriers and brokers waiting on the sidelines of the insuring cannabis sector to get in than most may realize. That was among the messages delivered by experts during Insurance Journal’s...
South Carolina Gov, Business Groups Push for COVID Liability Protection
Apr 22 2021 // South Carolina’s governor is pushing state lawmakers to approve a bill that would prevent people who contract COVID-19 from suing businesses and other groups that have followed federal and state health guidelines. In...
COVID-19 Experiences Show Need for Employment Practices Insurance
Apr 21 2021 // As soon as the first community was shut down to slow the spread of the coronavirus or the first announcement of a safer at home order by a governor, some of us saw the storm of suits coming related to the loss of business...
Cannabis Risk Management Group Rolls Out Coverages Through Captive
Apr 20 2021 // A cannabis risk management group through its captive is rolling property, general premises liability and product liability coverage to cannabis dispensaries and associated grow facilities. The National Cannabis Risk...
South Africa to Launch Compensation Fund to Allay Vaccine Makers’ Liability Concerns
Apr 20 2021 // JOHANNESBURG – The South African government’s compensation fund to cover potential injuries from COVID-19 vaccines could cost around 250 million rand ($17.5 million) in the first year, the health minister said in...
Florida Drives Toward Repeal of Motor Vehicle No-Fault Law
Apr 20 2021 // After many years of trying, Florida is closer than ever to repealing its 50-year-old motor vehicle no-fault law. However, many industry stakeholders have expressed opposition to the legislation passed by the Florida Senate...
Transportation Insurer Lancer to Merge Into Core Specialty
Apr 19 2021 // Commercial auto insurer Lancer Insurance Co. has agreed to merge with another specialty insurer, Core Specialty, where it will operate under its own brand name as Core Specialty’s ninth specialty property/casualty...
Proximity Protect Brokerage Targets Coworking, Flex Space Industry
Apr 19 2021 // Workspace management software company Proximity Space Inc. has launched Proximity Protect, a specialty, nationwide insurance brokerage offering coverage for coworking and flex space operators, members and...
Declarations
Apr 19 2021 // Virus Lawsuit Liability “This is the most aggressive COVID liability bill in the United States of America. What this bill does is says, ‘If you’re doing the right thing, you’re...
P/C Insurers Show 2020 Underwriting Profits Despite COVID-19: Fitch
Apr 19 2021 // Despite considerable operating challenges in 2020 from the global COVID-19 pandemic, U.S. property/casualty (P/C) insurers saw a statutory underwriting profit for the third consecutive year, with an average 99% combined...
Auto Insurers Lead 2020 U.S. Property/Casualty Impairments: AM Best
Apr 16 2021 // Seven insurance company impairments were identified in the U.S. property/casualty industry in 2020, with five of the seven involving auto insurers, according to an AM Best special report. Last year’s number was an...
Praedicat Launches Risk Scenario Platform to Widen Cross-Line Clash Analysis
Apr 16 2021 // Praedicat Inc., the Los Angeles-based liability emerging risk analytics company, announced the launch of its new Risk Scenario Analysis Platform, which widens the cross-line clash scope of its scenario suite. The platform...
Corvus, Skyward Specialty to Offer Cyber Coverage for Cargo Risks
Apr 16 2021 // Corvus Insurance, a provider of commercial insurance products powered by AI-driven risk data, and Skyward Specialty Insurance Group, a specialty property and casualty market, have partnered partnership to expand...
COVID Liability Shield for Businesses Becomes Law in Kentucky
Apr 15 2021 // Kentucky’s governor stood aside and let a bill become law that protects an array of businesses from coronavirus-related lawsuits. But he warned Monday that the measure is likely to draw a court challenge. The...
Boy Scouts’ Lawyers Eye New Reorganization Plan After Criticisms from Abuse Victims
Apr 15 2021 // DOVER, Del. (AP) – Attorneys for the Boy Scouts of America told a Delaware bankruptcy judge Monday that they plan to file a new reorganization plan after gaining little support for a previous proposal that has been...
Oklahoma Apprenticeship Bill Allows Liability Protection for Students
Apr 15 2021 // The Oklahoma House of Representatives has passed a bill that extends high school apprenticeship programs to include sophomores who are at least 16 years old. It includes a provision that allows school districts to obtain...
