Latest Liability Headlines
All the headlines from our Liability Topic Page, ordered by recency.
M.J. Hall Launches Admitted Cannabis Management Liability in California and Arizona
Mar 16 2022 // M.J. Hall & Co. is now offering directors and officers liability, employment practices liability and fiduciary liability insurance coverages to cannabis companies and their executives through an admitted product in...
Trial Set to Consider Approval of Boy Scouts Bankruptcy Plan
Mar 15 2022 // More than two years after the Boy Scouts of America sought bankruptcy protection amid an onslaught of child sex abuse allegations, a judge will determine whether to confirm its proposed reorganization plan in a trial...
Takeaways from Our Conversation on Who the Insuring Cannabis Brokers Are
Mar 15 2022 // Powered by InsuranceJournal.tv Are most people in the insuring cannabis business merely cannabis insurance brokers in name only – their only client being a cousin who owns a mom-n-pop dispensary in downtown? Or do most...
Georgia High Court Finds Retailers May be Liable for Securing Loads on Vehicles
Mar 14 2022 // Georgia shoppers who are unable to load bulky purchases onto their vehicles by themselves might find store employees less willing to help — or at least being more vigilant if they do lend a hand. The Georgia Supreme...
Illinois District Court: Insurer Cannot Rely on Employment-Related Exclusion in BIPA Suit
Mar 9 2022 // An Illinois federal judge said a policy exclusion for employment-related practices does not protect State Automobile Insurance Co. from defending a grocery chain accused of violating the Illinois Biometric Information...
Insurers Refuse to Pick Up Bill for Billions in Opioid Claims
Mar 8 2022 // A multibillion-dollar bill is coming due for the U.S. opioid epidemic and insurers for some of the largest drug makers, distributors and pharmacies are refusing to help pay for it. A Delaware Supreme Court ruling in...
Vermont Court Sides With Ambassador Insurance in Allocation of Asbestos Losses
Mar 8 2022 // The Vermont Supreme Court has denied a bid by a manufacturer of asbestos products to bypass Vermont law in determining the allocation of losses for insurance purposes. In so doing, the Vermont court sided with Ambassador...
People Moves: Burns & Wilcox Adds 2 to Professional Liability Practice Group; J.M. Wilson Adds Struck
Mar 7 2022 // Burns & Wilcox Adds Tameka Livatino and Erin Pritchett to Professional Liability Practice Group Burns & Wilcox has named Tameka Livatinoas underwriting director of architects and engineers, based in Chicago. With...
People Moves: Applied Financial Lines Adds 3; Sandbox Ventures Welcomes Chamness
Mar 7 2022 // Applied Financial Lines Names Noble, Owen and Dau Nebraska-headquartered specialty insurer Applied Underwriters has expanded its Applied Financial Lines unit with several key appointments. Kim Noble has been named vice...
Texas Supreme Court Allows For Exception to 8-Corners Rule
Mar 7 2022 // For more than 50 years, insurers have known that their duty to defend a Texas policyholder from a lawsuit must be decided based only on the language of the insurance contract and the allegations made by the plaintiff. The...
Small Business Revolution
Mar 7 2022 // Optimism, Resiliency Open New Doors for Sector Sector Buoyed by Record Start-Ups, Pandemic Resiliency The global pandemic, economic recession and worldwide supply chain shortages have not hindered the optimism and drive of...
U.S. P/C Industry Grew Surplus Despite Underwriting Loss in 2021
Mar 7 2022 // Insurance rating agency AM Best said it expects the U.S. property/casualty insurance industry to record an increase in surplus in 2021 thanks to investment income and capital gains improvements despite booking an...
Markets/Coverages: Take1 Features Film Producers Package; Pathpoint Now Serving Restaurants; Nexus Specialty Targets Management Liability
Mar 4 2022 // Take1 Introduces Coverage for Documentary, Industrial, Commercial, and Educational Film Producers Thanks to the growing number of broadcast, cable and streaming platforms, the market demand for recorded filmed content has...
ANALYSIS-Who Pays? UN Climate Report Reignites Global Fight for Compensation
Mar 4 2022 // With this week’s U.N. climate science report laying bare the staggering economic costs and losses already faced from climate change, an inevitable question arises: who should pay? Within U.N. climate negotiations,...
7th Circuit: Liberty Must Defend USA Gymnastics in Nassar Lawsuits; Coverage May Be Limited
Mar 2 2022 // Larry Nassar is accused of sexually assaulting hundreds of girls and young women while working with USA Gymnastics, resulting in his criminal conviction and hundreds of lawsuits that forced the organization into...
Counterpart Raises $30 Million in Series B Funding Round
Mar 1 2022 // Counterpart, the management liability insurtech, announced raising $30 million in Series B growth financing led by Vy Capital, a global technology investment company that has backed leading companies such as Coalition and...
New Mexico Archdiocese Sues Insurers Over Sexual Abuse Coverage
Feb 28 2022 // One of the oldest Roman Catholic dioceses in the U.S. is suing four insurance companies over claims that they haven’t fulfilled contracts to provide liability coverage for sexual abuse complaints. The Archdiocese of...
U.S. P/C Industry Grew Surplus Despite Underwriting Loss in 2021
Feb 24 2022 // Insurance rating agency AM Best said it expects the U.S. property/casualty insurance industry to record an increase in surplus in 2021 thanks to investment income and capital gains improvements despite booking an...
People Moves: AXA XL Promotes De Rosa to Head of Construction & Engineering, Reinsurance; IGI Taps Arch’s Tsielepis as CRO; Aqueous Hires 3 Underwriters
Feb 18 2022 // This edition of International People Moves includes appointments at AXA XL, International General Insurance Holdings and MGA Aqueous Underwriting. A summary of these new hires follows here. AXA XL to Promote De Rosa to...
4 Insurers, 5 Policies to Pay $73M Sandy Hook Settlement Against Gunmaker Remington
Feb 17 2022 // A federal bankruptcy court in Alabama has approved insurance payments totaling $73 million by four insurers to the families of the victims of the Sandy Hook massacre. The settlement with gunmaker Remington Arms and its...
