Latest Liability Headlines
All the headlines from our Liability Topic Page, ordered by recency.
Social Inflation Lesson: Not Settling Cost Insurer Millions in Suit by Excess Insurer
Jan 11 2021 // The defense team for Chubb Group’s Ace American Insurance Co. was confident that no jury would award more than $2 million in a wrongful death lawsuit filed by the family of Mark Braswell, who died on May 16, 2014,...
Cannabis Broker Spotlight: Sherman with PSA Saw Cannabis as Natural Step from Professional Liability
Jan 7 2021 // Editor’s note: This part of a series of profiles on cannabis brokers, in which Insurance Journal explores why and how these folks got into the business, the ups and downs of insuring cannabis, as well as a few tips...
Who’s On the Hook If COVID-19 Vaccines Go Wrong?: Viewpoint
Jan 7 2021 // The COVID-19 vaccines are here and distribution has begun. But what if something goes wrong? Whether it’s a loss of income, hefty medical bills or other serious adverse effects from getting a shot, someone has to...
Hudson Gains Professional Lines Renewal Rights, Experienced Team from Validus
Jan 7 2021 // Hudson Insurance Group has completed a business transfer agreement with Validus Specialty Underwriting Services for the renewal rights transfer of a select portfolio of Miscellaneous Professional Liability, Financial...
Craig to Lead Skyward Specialty’s New Healthcare Professional Liability Unit
Jan 6 2021 // Houston-based specialty property/casualty insurance holding company, Skyward Specialty Insurance Group Inc., has named professional liability insurance executive Brenda Craig as senior vice president and leader of the...
Peruvian Health Minister Points to ‘Controversy’ over Pfizer Vaccine Liability Waiver
Jan 6 2021 // LIMA – Peru’s health minister said on Tuesday that “controversy” had arisen over a liability waiver in the country’s negotiations to obtain COVID-19 vaccines from Pfizer Inc. Pilar Mazzetti told...
FCC Appears Unlikely to Act on Trump Bid to Change Social Media Liability
Jan 6 2021 // The prospects of Federal Communications Commission Chairman Ajit Pai taking action on an effort to narrow social media companies’ legal protections under a 1996 law are increasingly unlikely. Both Pai and U.S....
Top East Region Insurance M&As of 2020
Jan 5 2021 // The top M&A story of 2020 was a global story that captured more readers in every geographic region than any other. Since it was first announced in March, the proposed Aon-Willis merger remained the leading merger and...
Top South Central Region Insurance M&As of 2020
Jan 5 2021 // The top M&A story of 2020 was more a global than national story but it captured more readers in every geographic location than any other. Since it was first announced in March, the proposed Aon-Willis merger remained...
Top National Insurance M&As of 2020
Jan 5 2021 // The top M&A story of 2020 was more a global than national story but it captured more readers in every geographic location than any other. Since it was first announced in March, the proposed Aon-Willis merger remained...
Top Southeast Region Insurance M&As of 2020
Jan 5 2021 // The top M&A story of 2020 was more a global than national story but it captured more readers in every geographic location than any other. Since it was first announced in March, the proposed Aon-Willis merger remained...
PHLY Acquires Staffing Insurance Business from World Wide Specialty Programs
Jan 5 2021 // Philadelphia Insurance Companies (PHLY) has acquired the Staffing Insurance Business offered by World Wide Specialty Programs Inc., based in Melville, N.Y. World Wide will operate as a division of PHLY and assume...
Applied Underwriters Continues Major Expansion with D&O Unit Headed by AIG’s McGill
Jan 4 2021 // Fast-growing specialty lines insurer Applied Underwriters announced the creation of a U.S. based division of its Applied Financial Lines business unit to provide directors and officers (D&O) coverages in the U.S. The...
South African Insurer Santam Accepts Liability for Some Rejected COVID-19 Claims
Jan 4 2021 // JOHANNESBURG – South African insurer Santam will begin assessing payouts for some previously rejected coronavirus-related claims after recent court judgments on such cases but still intends to challenge one finding...
Insurance Journal’s Most Noteworthy Topics of 2020: East Region
Dec 29 2020 // From questions over business interruption policy coverage spurred by the COVID-19 pandemic to property damage due to civil unrest, as well as significant court cases and state regulatory actions, it was a busy year for...
Insurance Journal’s Most Noteworthy Topics of 2020- National Region
Dec 29 2020 // To suggest that the property/casualty insurance industry should count its blessings in the year of the coronavirus is by no means to suggest 2020 was not a challenging year for the industry. The industry faced plenty of...
SynchronoSure, American European to Offer General Liability for Small Trucking Firms
Dec 28 2020 // Synchrono Group, doing business under SynchronoSure, and American European Insurance Group (AEIG) have expanded their partnership to include trucker general liability insurance for small trucking companies. SynchronoSure...
Core Specialty Adds Tokio Marine’s Jacobs to E&O, Professional Liability Team
Dec 28 2020 // Cincinnati-based Core Specialty Insurance Holdings reported that Jeff Jacobs has joined as senior vice president, head of Errors and Omissions Professional Liability. Jacobs has 30 years of insurance sector experience...
Smaller Websites Nervous Over Giant Facebook’s Support for Liability Reform
Dec 24 2020 // Facebook Inc. says it’s time to rethink the legal immunity that protects it from lawsuits over what users post online, a position that’s leaving smaller websites concerned about the cost of accepting more...
Social Inflation Lesson: Not Settling Cost Insurer Millions in Suit by Excess Insurer
Dec 23 2020 // The defense team for Chubb Group’s Ace American Insurance Co. was confident that no jury would award more than $2 million in a wrongful death lawsuit filed by the family of Mark Braswell, who died on May 16, 2014...
