Latest Liability Headlines
All the headlines from our Liability Topic Page, ordered by recency.
Why Small Business Liability Insurance Must Be Advanced Into the Digital Age
Dec 30 2019 // Liability insurance as we know it no longer suits a large fraction of today’s and tomorrow’s small-business owners. Brokers and insurers are at a crossroads on how to serve small businesses’ changing...
Employers Warned of Potential Wage-and-Hour Claims Under New Overtime Rule
Dec 29 2019 // Time is running out for employers to familiarize themselves with new federal rules on overtime pay. Starting January 1, the threshold for who is entitled to overtime pay — and who is not — changes. It’s the first...
It’s Not Easy Getting Insurers to Defend in Sexual Harassment Cases
Dec 24 2019 // While Harvey Weinstein’s insurers have reportedly agreed to pay $47 million to settle civil suits against the movie producer, most policyholders should prepare for an epic legal battle just to get their insurers to...
DuPont Asks Delaware Judge to Toss Chemours Environmental Liabilities Suit
Dec 23 2019 // The DuPont Co. is asking a Delaware judge to dismiss a lawsuit claiming that it massively downplayed the cost of environmental liabilities that Chemours would be saddled with when DuPont spun off its former performance...
Mass. High Court Upholds Consent-to-Settle Clause in Malpractice Policy
Dec 20 2019 // Massachusetts’ highest court on Monday rejected arguments that consent-to-settle clauses in professional malpractice insurance policies violate public policy. The Supreme Judicial Court sided with CNA subsidiary...
Louisiana’s Fidelis Group Holdings Promotes 3 in Claims Division
Dec 20 2019 // Fidelis Group Holdings LLC (FGH), a Covington, Louisiana-based provider of marine insurance coverage and services, has made three key promotions in its claims division, Fidelis Claims Service LLC (FCS). Christian Kelly has...
Reuters Report: Why Big Business Can Count on Courts to Keep Deadly Secrets
Dec 20 2019 // In the dreary archives of a Newark, New Jersey, courthouse, Ronald Motley found a treasure map. It was an evidence log, a detailed inventory of documents and other exhibits that had been used in an injured worker’s...
Greene to Head Ascot Management Liability, Financial Institutions Group in Atlanta
Dec 20 2019 // Ascot has appointed Crystal Greene as senior vice president, head of Management Liability. Greene will lead Ascot’s commercial directors and officers (D&O) and related product business in the U.S from Atlanta....
California Department of Insurance Issues Revised Plan of Operation for FAIR Plan
Dec 19 2019 // Editor’s note: This story has been updated with comments from a FAIR Plan official. The battle between the California Department of Insurance and the FAIR Plan will continue to rage on in the wake of two severe...
Massive MJBizCon in Vegas Reveals Coverage Gaps, Little Insurance Understanding
Dec 19 2019 // If gawking at tons of cannabis-churning pieces of agricultural equipment winding around a quarter-million feet of convention floor space wasn’t your thing, perhaps access to an abundance of pre-rolls, or whiffing...
Holiday Parties for Health, Liability-Conscious Wall Street Firms Feature Smoothies, Yoga
Dec 18 2019 // Fruit smoothies may become the new martini for Wall Street holiday parties. Banking and trading firm BTIG LLC, for example, cut alcohol from its annual employee celebration on Dec. 12 at its New York offices. Instead,...
Florida Auto Insurer Windhaven Placed Into Rehabilitation
Dec 17 2019 // The future of another Florida domestic insurer is now in the hands of state regulators. Non-standard private passenger auto insurer Windhaven Insurance Co. (WIC), based in Miami, has been placed into rehabilitation by a...
Commercial Insurance Market Stable in 2020: A.M. Best
Dec 16 2019 // The market outlook on the U.S. commercial lines industry for 2020 is stable. according to analysts at ratings firm A.M. Best who cite “improved market conditions and solid levels of risk-adjusted capitalization that...
U.S. Commercial Insurance Prices Were Up 4% in Q3: WTW
Dec 16 2019 // U.S. commercial insurance prices accelerated during the third quarter of 2019, as the aggregate price change reported by carriers exceeded 4%, according to insurance broker Willis Towers Watson. WTS’s Commercial...
McDonald’s Wins Battle With Labor, Avoids Joint Employer Liability with Franchises
Dec 13 2019 // McDonald’s Corp. has won a huge victory in a multiyear legal battle over whether it should share responsibility for alleged labor violations in its franchisees’ restaurants, a case that posed a major threat to...
Royal Caribbean Cruises Faces Potential Liability for New Zealand Volcano Deaths
Dec 12 2019 // Royal Caribbean Cruises Ltd.’s potential liability for a deadly excursion to a volcanic island in New Zealand could hinge on whether the eruption was an unforeseeable “act of God,” according to maritime...
McDonald’s Has Friends in High Places in High-Stakes Labor Fight
Dec 12 2019 // In a television commercial that’s become part of the lore surrounding Donald Trump’s affinity for McDonald’s Corp., he embraced a purple, lumpy denizen of the fast-food chain’s...
U.S. Commercial Insurance Prices Were Up 4% in Q3: WTW
Dec 9 2019 // U.S. commercial insurance prices accelerated during the third quarter of 2019, as the aggregate price change reported by carriers exceeded 4%, according to insurance broker Willis Towers Watson. WTS’s Commercial...
A.M. Best Weighs In With Stable Commercial Insurance Outlook for 2020
Dec 9 2019 // The market outlook on the U.S. commercial lines industry for 2020 is stable. according to analysts at ratings firm A.M. Best who cite “improved market conditions and solid levels of risk-adjusted capitalization that...
Smart Club Program from Insurance Office Of America Targets Member Organizations
Dec 6 2019 // Insurance Office of America has launched Smart Club Program – a new program exclusively for athletic, city, country, faculty, golf, military, town, and yacht clubs. The Smart Club Program is custom designed for the needs...
