Latest Liability Headlines
All the headlines from our Liability Topic Page, ordered by recency.
Medical Professional Liability Insurance Market Improves but Still Unprofitable
Jun 14 2022 // The U.S. medical professional liability insurance (MPLI) market saw an improvement in financial performance in 2021 but its combined ratio remained an unprofitable 108 and a return to profitability is unlikely, said Fitch...
Markets/Coverages: Skyward Specialty’s Renewable Energy Cover; IMA, Parametrix Downtime Policy; Contractor Safety Discounts From Procure, Shepherd
Jun 13 2022 // Skyward Specialty Launches Renewable Energy Contractor Coverage Skyward Specialty Insurance Group is now offering a renewable energy contractors coverage targeting contractors specializing in wind and solar energy...
PCF Acquires Medical Insurance Specialist Mike Haffar in California
Jun 9 2022 // PCF Insurance Services acquired Mike Haffar Insurance Services Inc. located in West Covina, California. Mike Haffar is an insurance and risk advisor for physicians, medical clinics, medical groups, surgery centers and...
Segal Acquires Michigan’s Union Services Agency
Jun 8 2022 // Segal, a benefits and HR consulting firm, has acquired Bayview Insurance Group d/b/a Union Services Agency (USA), a Michigan-based insurance brokerage firm. The brokerage has focused on serving the insurance needs of labor...
Liability of State Police, Casino/Track Owners at Issue in Pennsylvania Murder Case
Jun 7 2022 // On November 24, 2018, Alicia E. Shaffer Stalheim, 25, was murdered by her jealous boyfriend, Luis Rodriguez, seven months after Rodriguez learned Stalheim and her children met for ice cream with another man. Stalheim,...
Washington High Court Declines to Shift Duty to Inform of Drug Risks to Makers
Jun 6 2022 // A prescription drug maker has done its legal duty by warning prescribing physicians of a drug’s risks in accordance with Washington law even when the drugs are advertised directly to consumers, the state’s...
People Moves: Beazley Announces MacCabe Retirement, Wheeler and Pereira Promotions for Int’l Mgmt. Liability; Gallagher Re Names 6 Senior Execs for APAC Region
Jun 6 2022 // This edition of International People Moves details appointments at Beazley and Gallagher Re. A summary of these new hires follows here. Beazley Announces MacCabe Retirement, Wheeler and Pereira Promotions for Int’l...
Logic & Language and Forms & Facts; Folklore Is NOT Fact
Jun 6 2022 // Two of my pet peeves involve certain types of coverage questions that I’ve received over the years. The first one begins with something like, “Does a [insert type of policy here] cover …?” The key...
Memo to Brokers; Stick With Loyal Insurers/MGAs, Price Isn’t the Only Differentiator
Jun 6 2022 // Instead of oscillating between extreme hard and soft markets, the insurance industry needs to promote a more sustainable business model that will help control the insurance cycle, according to an executive at the insurer...
As Uvalde Parents Seethe, Recourse Against Police May Be Limited
May 31 2022 // Texas police accused of bungling the response to a mass shooter in an Uvalde school where 19 children and two teachers were killed aren’t likely to be held liable in a civil court, benefiting from broad immunity...
People Moves: Oneglobal Appoints IRB’s Oka as CEO Reinsurance Brazil; Chubb Names 3 Senior Leaders for Financial Lines in UK, Ireland, S. Africa, Global Markets
May 26 2022 // Oneglobal Appoints IRB’s Oka as CEO Reinsurance Brazil Oneglobal Broking announced the appointment of Adriano Oka as CEO Reinsurance Brazil. Oka will report to Nery Silva, CEO Mercosul, Oneglobal Brazil. The...
Howden Gets Regulatory Nod to Raise Stake in Howden India to 100%
May 26 2022 // Howden, the international insurance broker, announced it has obtained approval from the Insurance Regulatory and Development Authority of India (IRDAI) to increase its shareholding in Howden India from 49% to 100%. The...
Can U.S. Gunmakers Be Liable for Mass Shooting?
May 26 2022 // An 18-year-old gunman stormed a Texas elementary school on Tuesday and killed 19 children and two teachers, reigniting a debate in the United States over gun control and the potential legal liability for manufacturers of...
Insurance (or Lack of It) Is Russian Oil’s Achilles’ Heel
May 25 2022 // Russia has so far deflected much of the impact of sanctions on its oil trade but the insurance industry threatens to throw a spanner in the works unless Moscow and its customers can plug a gap left by Western...
Markets/Coverages: NJM Introduces Commercial Package Policy in New Jersey
May 24 2022 // NJM Insurance Group is now writing commercial package policies in New Jersey with policy effective dates beginning July 1, 2022. The NJM ProPack Commercial Package Policy protects mid-to-large-sized businesses against...
Memo to Brokers: Stick With Loyal Insurers/MGAs, Price Isn’t the Only Differentiator
May 23 2022 // Instead of oscillating between extreme hard and soft markets, the insurance industry needs to promote a more sustainable business model that will help control the insurance cycle, according to an executive at the insurer...
How Sunken Boat Insurance Claim Factors Into Vermont Murder Case
May 17 2022 // A boat insurance claim denial and fraud investigation have surfaced as integral pieces of the murder case being brought against a 28-year-old Vermont man charged with killing his grandfather and mother for inheritance...
People Moves: Hartford’s Kirk Joins Acrisure; Hamilton Select Welcomes Minarik From AmWINS, James River’s Kirkland
May 16 2022 // Insurance broker Acrisure has appointed Matthew Kirk as executive vice president and head of Insurance Strategy and Execution. Kirk joins Acrisure following 16 years at The Hartford, where he served as senior vice...
A Changing Live Event Insurance Landscape; Coverage Restrictions in Today’s Market Requires Critical Policy Reviews
May 16 2022 // There are a wide variety of possible liabilities associated with a single live event. Each has its own share of challenges and unpredictability, meaning even the tiniest misstep could spell disaster. That’s why live...
Markets/Coverages: Marsh Renewable Energy; Main Street Farm; Munich Re Surety; Skyward Crane & Rigging; Draftrs Professional Liability
May 12 2022 // Marsh Launches Renewable Energy Facility Insurance broker Marsh announced the launch of a renewable energy facility that provides streamlined, dedicated insurance capacity for mid-scale solar and battery energy storage...
