Latest Liability Headlines
All the headlines from our Liability Topic Page, ordered by recency.
Louisiana Debates Civil Liability Over COVID-19 Vaccine Mandates
Mar 25 2024 // BATON ROUGE, La. (AP) — Three years after COVID-19 vaccines became widely available in the United States, Louisiana continues to debate policies related to inoculation mandates, including civil labilities if a work place...
Internet Firms Must Face Defective Product Liability Suit Over Buffalo Mass Shooting
Mar 20 2024 // A New York state judge has allowed a case seeking to hold social media companies liable in the tragic mass killing at a Buffalo supermarket in 2022 to go forward on grounds of product liability. Erie County Supreme Court...
Marsh: Transactional Risk Insurance ‘Remained Resilient’ in 2023
Mar 20 2024 // Despite a drop in the total number of global mergers and acquisitions, demand for transactional risk insurance “remained resilient” in 2023, Marsh announced in its annual transactional risk report. Data from...
Florida High Court Ruling Could Cut Damages for Bars Serving Booze to Minors
Mar 20 2024 // Insurers in Florida can can contemplate potentially lower loss costs on liquor liability policies after a recent state Supreme Court ruling that clarified when bars and restaurants can be held partially versus completely...
Florida Jury: NICO Did Not Act in Bad Faith in Crash That Killed 4 Women From Spain
Mar 18 2024 // Six months after a federal appeals court upheld a $12 million verdict against a waste-hauling company in a crash that killed four Spanish women in the Florida keys, a jury has found that the firm’s insurer did not...
A Look at the Liquor Liability Landscape
Mar 18 2024 // Liquor liability availability and pricing have put small business owners in the alcohol-related sector in some states in a bind. While securing coverage is easy in some areas, premiums have skyrocketed and carriers have...
Squeezed from All Sides: Restaurants Pressured by Labor, Food, Insurance Costs
Mar 18 2024 // The food services industry is anticipating record sales for 2024. But insurance specialists serving the restaurant and bar sector say that forecast isn’t all good news. With higher sales come higher costs all...
Spike in Recent Ratings Downgrades Shows Challenges for US Insurers
Mar 18 2024 // Negative ratings actions and financial challenges are forcing carriers to explore reinsurance options offering needed capital, according to a report released in February by Gallagher Re’s Strategic and Financial...
Markets/Coverages: QBE Creates UK Healthcare Practice With New Liability Product
Mar 13 2024 // QBE has created a Healthcare practice group and has launched a Healthcare Advantage Liability product. The Healthcare practice group will be supported by all regional offices in the UK and aims to provide a more focused...
People Moves: Stratico Appointed Professional Liability Practice Leader at Brown & Riding
Mar 12 2024 // Brown & Riding, headquartered in Dallas, appointed Bill Stratico national professional liability practice leader. Stratico has over 35 years of industry experience. He joined Brown & Riding in 2010 as a management...
Towers Watson Again Denied Coverage for $90M Settlements Over 2016 Willis Merger
Mar 11 2024 // Towers Watson has been hit with another roadblock on its long and winding road to reach coverage for $90 million in settlements of two lawsuits related to its merger with broker Willis in 2016. A Virginia federal district...
Alabama Governor Signs Legislation Protecting IVF Providers from Legal Liability
Mar 8 2024 // MONTGOMERY, Ala. (AP) — Facing pressure to get in vitro fertilization services restarted in the state, Alabama’s governor swiftly signed legislation into law Wednesday shielding doctors from potential legal...
Markets/Coverages: Mosaic Launches Primary Tech E&O Cover With Capacity of $15M
Mar 7 2024 // Mosaic Insurance’s cyber division has launched primary technology errors and omissions (E&O) coverage to protect tech companies from increasing liability risks. The launch builds on Mosaic’s primary cyber...
Fed Court Wants Florida Supremes to Clarify Rule That Can Bar Subrogation Recovery
Mar 7 2024 // In the next year or so, the Florida Supreme Court will decide on the exact meaning of a legal doctrine that, under one interpretation, has blocked millions of dollars per year in subrogation recovery for liability...
3 Key Trends Impacting Construction Contractor Liability in 2024
Mar 7 2024 // This post is part of a series sponsored by IAT Insurance Group. The construction industry faces a new set of challenges each year, and 2024 is no exception. Although 2023 saw a 19.7% surge[1] in spending for nonresidential...
Florida Surplus Lines Saw ‘Monumental’ Growth in February, FSLSO Says
Mar 6 2024 // Surplus lines in Florida saw a huge increase in premium, policy count and new business for February compared to the same month last year, a spike in growth that the Florida Surplus Lines Service Office called...
Markets/Coverages: Mosaic Offers $25M in Liability Protection for Asset Managers
Mar 6 2024 // Mosaic Insurance, the Bermuda-based specialty insurer, has launched a suite of specialized financial institutions products, offering $25 million in investment management insurance (IMI), blended with cyber and other...
Spike in Recent Ratings Downgrades Shows Challenges for US Insurers
Mar 4 2024 // Negative ratings actions and financial challenges are forcing carriers to explore reinsurance options offering needed capital, according to a report released last month by Gallagher Re’s Strategic and Financial...
Continued Growth for Surplus Lines in 2023 as Premiums Up 14.6%
Mar 4 2024 // The excess and surplus lines market continued to grow in 2023, with premium reaching nearly $73 billion according to data from 15 state surplus lines offices released by the Wholesale & Specialty Insurance Association...
Casualty Reinsurance Renewals See Modest Price Hikes Despite Social Inflation: AM Best
Mar 4 2024 // Reinsurers in general maintained adequate capacity for casualty programs, despite concerns about social inflation and some recent reserve strengthening actions, according to a report from AM Best. For reinsurers, a...
