Latest Liability Headlines
All the headlines from our Liability Topic Page, ordered by recency.
Constructing a Post-Pandemic Construction Market
Aug 19 2020 // The construction industry may emerge from the pandemic strong or relatively unscathed compared to other segments of the economy. But it also faces its share of challenges in managing exposures, delays, added costs and...
Nevada Governor Signs Business Liability And Worker Protection Bill
Aug 14 2020 // Nevada Gov. Steve Sisolak has signed legislation expanding workplace safety protections for hotel and casino employees and shielding businesses that follow health directives from coronavirus-related...
Drugmakers Shielded from COVID Vaccine Liability But Funds for Injury Claims in Doubt
Aug 14 2020 // Americans who suffer adverse reactions to coronavirus vaccines that the U.S. is racing to develop will have a hard time getting compensated for injuries from the drugs. That’s because pandemic-related claims for...
Calif. Court Rules Amazon Liable Like Other Retailers for Defective Products
Aug 14 2020 // Amazon.com can be held liable like other traditional retailers for injuries from defective products sold via its sprawling e-commerce marketplace, a California state appeals court ruled on Thursday. The decision overturned...
Explainer: Assessing Liabilities from Massive Mauritius Oil Spill
Aug 14 2020 // A Japanese bulk carrier struck a coral reef off the Indian Ocean island nation of Mauritius on July 25, spilling about 1,000 tonnes of fuel oil and triggering a state of “environmental emergency.” Scientists...
Not Every Insurtech Is a Startup: How Swiss Re Delivers Tech Solutions
Aug 14 2020 // It’s not just insurtech startups that have an edge on innovation. Some established reinsurers have developed their own analytics and technology divisions that offer a variety of insurtech-type solutions for...
Viewpoint: Michigan Auto Insurance Reform Is Here. Agents, Are You Ready?
Aug 12 2020 // Finally, there is good reason to believe Michigan will drop the infamous distinction of being the one of the most expensive states in the country in which to insure a vehicle. As of July 2, the state’s drivers now...
McConnell’s Coronavirus Liability Shield Could Be Bargaining Chip in Relief Negotiations
Aug 11 2020 // Senate Majority Leader Mitch McConnell’s insistence that legal liability protections for businesses, schools and colleges be included in any new coronavirus relief bill is approaching a moment of reckoning. Warning...
Oil Leak from Cargo Ship Pollutes Mauritius Beaches as Insurers Assess Liability
Aug 11 2020 // The oil cleanup from a leaking cargo ship that ran aground off the coast of Mauritius continues while the government and insurance firms begin probing liability for the accident. The incident has befouled the white-sand...
R&Q Acquires 35% Interest in New York-Based Tradesman Program Managers
Aug 10 2020 // Randall & Quilter Investment Holdings Ltd. (R&Q) has reached an agreement to merge its wholly owned subsidiary, Sandell Re Ltd., with Tradesman Program Managers LLC in return for a 35% interest in the combined...
Allstate Reports Strong Q2 with Profit Up 49% Despite Pandemic
Aug 10 2020 // What pandemic? Allstate’s doing just fine. The giant personal lines insurer reported net income of $1.2 billion for the second quarter, an increase of 49% compared to the prior year quarter. Underwriting income...
Why Condominium Associations Should Consider Risk Management and Financing with Caution
Aug 10 2020 // Insurance for a condominium association is designed to finance the insurable exposures for the association. These exposures include the property and several liability exposures, including what would be covered by a...
Nevada Passes COVID-19 Liability and Worker Protection Deal
Aug 7 2020 // Nevada lawmakers voted to shield certain industries from coronavirus-related legal liability and require hotels and casinos to enact worker protection measures after days of complicated negotiations with Gov. Steve...
Morgan Stanley to Offer Coverage for High Net Worth Clients through Hub, Marsh, Willis
Aug 6 2020 // Morgan Stanley has expanded its insurance offerings to include property & casualty insurance coverage for its high net worth clients through insurance brokers HUB International, Marsh Private Client Services, and...
Tennessee Gov Calls Special Session to Address COVID-19 Liability
Aug 5 2020 // Gov. Bill Lee on Monday announced he’s calling lawmakers back to the Capitol to address legislation that would provide health care providers, schools and businesses broad protections against coronavirus lawsuits. Lee...
FCC Seeks Comments on Trump Plan to Weaken Internet Firms’ Liability Protection
Aug 4 2020 // The Federal Communications Commission will take comments for 45 days on President Donald Trump’s proposal to weaken liability protection for social-media companies such as Twitter Inc., the agency’s chairman...
CoverWallet Launches Digital Management Liability Package for VC-Backed Startups
Aug 3 2020 // CoverWallet, an Aon company and digital insurance platform for businesses, has launched a digital insurance product for venture capital (VC)-backed startups. The new management liability package offers VC-backed startups...
ABD Insurance and Financial Services Names Finn as SVP Based in NYC
Aug 3 2020 // ABD Insurance and Financial Services has named Deirdre Finn as senior vice president of the company’s Executive Risk Solutions (ERS) National Practice. Finn will be based out of ABD’s NYC offices. In this role,...
AstraZeneca Gets Protection from Future Product Liability Claims for COVID Vaccine
Aug 3 2020 // AstraZeneca has been granted protection from future product liability claims related to its COVID-19 vaccine hopeful by most of the countries with which it has struck supply agreements, a senior executive told...
McConnell’s Liability Shield Among Hurdles for Coronavirus Relief Bill
Jul 29 2020 // Stimulus talks between President Donald Trump’s representatives and Democrats bogged down Tuesday over demands by Senate Majority Leader Mitch McConnell that his proposed changes to liability law be included...
