Latest Liability Headlines
All the headlines from our Liability Topic Page, ordered by recency.
The Inflation Specter Looms for Property/Casualty Insurers
Mar 22 2021 // Inflation, defined as the rate at which prices for goods and services are increasing, tends to occur when prices rise due to increases in production costs or when the demand for a product exceeds its supply (i.e., too much...
Texas House Panel Advances Bill Requiring Power Plants to Prep for Extreme Weather
Mar 19 2021 // Several bills responding to Texas’ February power outages including one mandating that power plants prepare facilities for extreme weather and another reforming the Electric Reliability Council of Texas board —...
Employment Practices Insurance in Age of COVID, Vaccines, Shutdowns and Hard Market
Mar 18 2021 // Overall trends for the past 30 years in the employment practices liability insurance market have been influenced by society and culture. As concerns over racial and disability discrimination, sexual harassment, gender...
Next Insurance Targets Businesses That Sell and Buy on Amazon
Mar 18 2021 // In partnership with Amazon, digital small business insurer Next Insurance is offering insurance to businesses that are buyers or sellers on the popular Amazon e-commerce site. The insurer is targeting members of Amazon...
People Moves: Institutes’ Horowitz; Rizzuto from Travelers to IAT; BHSI Adds AIG’s Freid; Ryan Re Leaders
Mar 17 2021 // Horowitz Promoted at The Institutes Katherine Horowitz has been promoted to executive vice president and head of Business Units at The Institutes. Horowitz will oversee the growth and strategic direction of multiple...
Who Will Pay for the Freeze and Subsequent Meltdown in Texas?
Mar 16 2021 // Today in Texas homes and businesses, the lights are on and clean water flows. But for one week in February, the entire state of Texas was brought to its knees by a massive winter storm creating such a demand for...
Examining liability gaps for allied healthcare businesses
Mar 15 2021 // This post is part of a series sponsored by The Hanover Insurance Group. General and professional liability coverage is a key component of insurance protection for allied healthcare businesses. However, healthcare...
BI Innovation Coming Soon: Low-Limit Policies from Insurtech Thimble
Mar 11 2021 // See a need and then fill it. That’s the secret of most successful businesses—and that was the driving motivator of insurtech Thimble, which is currently working on coverage for small business customers during...
21-Year AIG Veteran Tatulli Joins Berkshire Hathaway Specialty Executive Lines
Mar 10 2021 // Berkshire Hathaway Specialty Insurance (BHSI) has named Anthony Tatulli as head of Executive & Professional Lines for North America. He will have overall underwriting responsibility for Directors and Officers...
Workers’ Compensation Remained Outlier as Commercial Prices Continued Rising in Q4
Mar 9 2021 // U.S. commercial insurance prices again grew significantly in the fourth quarter of 2020. Again, except for workers’ compensation. According to Willis Towers Watson’s Commercial Lines Insurance Pricing Survey...
Florida House Approves COVID Liability Shield for Businesses
Mar 9 2021 // Florida businesses would be protected from coronavirus lawsuits if they made a good effort to follow guidelines to prevent the spread of COVID-19 under a bill passed by the House on Friday. The House also passed a bill...
M.J. Hall & Co. Expands Admitted Cannabis Insurance Product into Arizona
Mar 8 2021 // M.J. Hall & Co. has introduced an admitted cannabis insurance product in Arizona. March 8 is the effective date for the Cannabis Businessowners Policy (CannaBOP) in Arizona, which the wholesale insurance brokerage...
Sierra Specialty Launches Nationwide Agribusiness Program
Mar 8 2021 // Sierra Specialty has launched an agribusiness program now available in all 50 states. Sierra Specialty has sole authority to underwrite, bind, and issue policies for this program, focusing on the farming and agriculture...
Logic & Language and Forms & Facts: Preventing Coverage Gaps
Mar 8 2021 // This column began in 2019 when I wrote a year-long series of articles based on my book “When Words Collide: Resolving Insurance Coverage and Claims Disputes.” In the April 2019 issue, I wrote about seven...
Serving the Changing Needs of Small Business Post-Pandemic
Mar 8 2021 // Among the many changes wrought by the pandemic are those transforming the small business workforce. People have lost their jobs or businesses, with many starting new ventures, working from home or adopting new technologies...
Brit Combines Ambridge and BGSU to Create U.S. MGA
Mar 4 2021 // Brit Ltd. said it will merge its U.S. service company platform, Brit Global Specialty USA, and its managing general agency Ambridge. The combined entity, which will operate under the Ambridge brand as Ambridge Partners...
Kansas Lawmakers Look to Extend COVID-19 Liability Shield for Businesses
Mar 4 2021 // Kansas lawmakers moved on March 2 to extend protections for businesses from lawsuits over COVID-19. The Senate Judiciary Committee approved a bill that would give businesses an extra year of protection, until March 31,...
Internet Firms’ Liability Protection Under Fire. 26 Words and What’s at Stake
Mar 4 2021 // Democrats and Republicans in Congress are taking aim at a controversial law that shields internet platforms including Facebook Inc. and Twitter Inc. from lawsuits over content posted by users. The measure — just 26...
Kentucky Senate Backs COVID Liability Shield for Businesses
Mar 3 2021 // Legislation that would provide broad protections to shield Kentucky businesses from coronavirus-related lawsuits won approval from the state Senate after a long debate Monday evening. Senate President Robert Stivers...
Next Insurance to Acquire Affinity Agency AP Intego
Mar 3 2021 // Digital commercial insurance company Next Insurance has agreed to acquire AP Intego, a Massachusetts-based digital insurance agency providing small commercial insurance products. Through its platform, AP Intego offers...
