Latest Liability Headlines
All the headlines from our Liability Topic Page, ordered by recency.
Mosaic Insurance Opens Second U.S. Office in Chicago
Apr 13 2022 // Mosaic Insurance has opened an office in Chicago, IL, its second US physical location, for a growing number of employees. Located in the city’s Loop, at 318 West Adams Street, the office is Mosaic’s fourth...
Credit Suisse Shareholders Advised Against Clearing Board of 2020 Liability
Apr 13 2022 // Proxy advisers Glass Lewis and ISS have recommended Credit Suisse’s shareholders vote against discharging the bank’s board and management from liability for the 2020 financial year at its annual general meeting...
Power Outages Increase as Extreme Weather Inflicts Toll on Aging Grid, Vulnerable Citizens
Apr 7 2022 // Power outages from severe weather have doubled over the past two decades across the U.S., as a warming climate stirs more destructive storms that cripple broad segments of the nation’s aging electrical grid,...
Markets/Coverages: Bundler Branch Adds 6 States; Pathpoint, Bold Penguin E&S Partnership; Rokstone Owners’ Interest Policy
Apr 4 2022 // Auto, Home Insurance Bundler Branch Now Available in 25 States Branch, an insurance company that touts “instantly-bundled” home and auto insurance, announced its expansion to the six states of Idaho, Iowa, New...
New Hampshire High Court Limits Landowners’ Recreational Use Immunity
Apr 4 2022 // New Hampshire landowners who make their properties available to the public for recreation at no charge do not enjoy complete immunity under the state’s recreational use statute. Landowners have immunity from...
Employers Adapting to New World of Worries
Apr 4 2022 // Insurers Seek Policies on Diversity, Pay Equity, Social Media, COVID, Even Facial Scans The past few years have been filled with newer exposures when it comes to employment practices liability insurance (EPLI). Along with...
Employment Practices Liability Rates
Apr 4 2022 // Even with all of the change and disruption, employment practices liability insurance market experts say the market is competitive and poised for moderation in rates throughout 2022. For employment practices liability...
People Moves: Faylo New U.S. Cyber & Tech Leader at Lockton; Big ‘I’ Names Boggs VP of Agent Development; MGA Falcon Hires 3 Senior Leaders
Mar 31 2022 // Lockton appointed Michelle Faylo as its U.S. Cyber & Technology Leader. Faylo will lead Lockton’s team of skilled cyber specialists, delivering innovative and effective solutions to global businesses that face...
U.S. SEC Proposes Boosting Blank-Check Company Disclosures, Liability
Mar 30 2022 // Proposal requires SPACs disclose conflicts during, after listing Disclosures must be issued at least 20 days before deal vote Rule would strip SPACs of legal safe harbor for projections Wall Street’s watchdog on...
People Moves: TigerRisk Boosts Delegated Authority Offering; Mosaic Expands M&A Liability Team With 4 Hires; MGU Carbon Names Chubb’s Turner as Property U/W
Mar 30 2022 // This edition of International People Moves details appointments at broker TigerRisk Partners, Mosaic Insurance and MGU Carbon Underwriting. A summary of these new hires follows here. TigerRisk Partners LLC, a leading risk,...
Rideshare Riders Could Get Stuck with Medical Bills in a Crash
Mar 30 2022 // In the early hours of Sept. 12, 2020, Denver chef Brian Fritts, 32, was riding in the backseat of a Lyft car when another vehicle crashed into it and drove off, leaving him with six crushed vertebrae and a broken jaw. His...
Ohio Court: Coverage Owed for Contamination That Ruined Product
Mar 29 2022 // Contamination that ruined more than $1 million worth of glass containers manufactured by a policyholder’s customer counts as damage that is covered by an umbrella insurance policy, the Ohio State Supreme Court ruled...
Sick Montana Workers Allege Insurer Delaying Medical Payments
Mar 25 2022 // Attorneys for Montana mine workers sickened and killed by toxic asbestos exposure filed a lawsuit against Zurich American Insurance this week for allegedly stalling legal settlements and medical payments after transferring...
Water Drain: Florida Court Rulings Show Importance of Exclusion Wording
Mar 25 2022 // Editor’s note: Insurers report that an increasing share of claims and claims litigation is the result of non-weather water damage. Jacksonville attorney Joseph Mackey, formerly of the Marshall Dennehey law firm and...
People Moves: TigerRisk Hires Aon’s Tuttle as Sr. Reinsurance Broker; HDI Promotes 3 for UK, Ireland Teams; BMS Taps Howden’s Powell as Chief Commercial Officer
Mar 23 2022 // This edition of International People Moves details appointments at TigerRisk Partners, HDI Global, and BMS. A summary of these new hires follows here. TigerRisk Hires Aon’s Tuttle as Partner, Senior Reinsurance...
Arizona Auto Insurance Rates Rising on Heels of COVID
Mar 22 2022 // As if spiraling gas prices weren’t enough, motorists across Arizona and the nation are paying more for auto insurance as repair costs and more crowded roads push premium rates higher. After giving customers premium...
Scouts Reach Deal With Catholic Committee in BSA Bankruptcy
Mar 21 2022 // A committee representing several Catholic entities in the Boy Scouts of America bankruptcy has reached a settlement with the BSA and is withdrawing its objections to its proposed reorganization plan, attorneys told a judge...
On the Water: Boats & Risk
Mar 21 2022 // People who like the water like boats. This might be a gross misuse and the mariners among us might get offended by it, but I’m going to use the term boat to refer to any kind of watercraft that an individual might...
Reimagining Restaurants and Risk
Mar 21 2022 // Supply shortages, rising inflation, higher food costs and labor shortages, along with the COVID-19 pandemic, are challenging the food services industry today. It’s likely these challenges will subside eventually...
People Moves: Alliant in California Names VanZanten VP in Employee Benefits group; Burns & Wilcox Adds New Associates
Mar 17 2022 // Alliant Insurance Services named Kerstin VanZanten vice president within its employee benefits group. VanZanten is based in Orange County, California. VanZanten’s background includes experience in benefits...
