Latest Liability Headlines
All the headlines from our Liability Topic Page, ordered by recency.
SLTX: Texas E&S Premium Up 14.3% in 2019
Jan 9 2020 // The Surplus Lines Stamping Office of Texas (SLTX) reports that excess and surplus lines premium (E&S) in Texas reached $6.95 billion in 2019, a 14.36% increase over 2018’s premium total of $6.08 billion. The past...
Big I Education Director Boggs Takes on Expanded Role in Risk Management
Jan 8 2020 // Chris Boggs, executive director of education for the Independent Insurance Agents and Brokers of America (Big I), is adding risk management to his title and responsibilities. Boggs’s new role combines his current...
Rehabilitation of Florida Insurer Windhaven Deemed ‘Useless’; Judge Orders Liquidation
Jan 7 2020 // Plans to rehabilitate Florida auto insurer Windhaven Insurance Co. have been deemed “useless” and the company will instead be liquidated. In a Jan. 6 order, Leon County Court Judge Ronald W. Flury said the...
BHSI Taps AIG’s Browne as Ireland Country Manager, Head of Casualty, U.K. & Europe
Jan 7 2020 // Berkshire Hathaway Specialty Insurance (BHSI) announced it has named Hilary Browne to the dual role of country manager for Ireland and head of Casualty for U.K. and Europe. Browne comes to BHSI with nearly 20 years of...
January 2020 Reinsurance Renewals Varied Significantly, Brokers Say
Jan 6 2020 // The January 2020 reinsurance renewals saw significant variation in pricing and capacity depending on geography, line of business, cedents’ loss record and client relationships, according to two reports published by...
Insurance Market Shrinking as Senior Living Industry Grows
Jan 6 2020 // The senior population continues growing at a time when the insurance market for senior living operations is under strain and both trends are expected to continue. The population of Americans over age 80 will double, from 6...
2020 Predictions from Cannabis Industry Experts: More Insurance Business
Jan 2 2020 // More legalization in more states. More product liability risks. More regulations. More M&A. More of many things is what insurance professionals involved in the cannabis industry can expect in 2020. Insurance Journal...
Insurance Journal’s Top 10 East Region Stories of 2019
Jan 2 2020 // A new year is a time of reflection for some, and last year, the city of Boston began 2019 by reflecting on an important piece of the city’s history: the 100-year anniversary of The Great Molasses Flood. The flood,...
Insurance Journal’s Top 10 West Region Stories of 2019
Jan 2 2020 // California wildfires dominated the news in Insurance Journal’s Western region in 2019, despite it being a quiet year relative to two consecutive years of deadly blazes that came before. Three of the year’s top...
Program Underwriters Seek ‘New, New’ Spaces While Administrators Embrace Insurtech
Dec 31 2019 // Fueled by efficiencies introduced by insurtechs and underwriters’ interest in niche classes, the insurance program business has experienced impressive growth the last few years. But heavy interest is also forcing...
Allied Names Locher to Lead Winery Insurance Program in Western U.S.
Dec 30 2019 // Allied Public Risk, LLC, through its Allied Winery Risk division, has added Gregory Locher to the winery space in the Western U.S. as lead executive of the firm’s property and liability insurance program. The Allied...
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...
