Latest Liability Headlines
All the headlines from our Liability Topic Page, ordered by recency.
Specialty Program Group Acquires Assets of CM&F Group
Oct 7 2021 // Specialty Program Group LLC (SPG), an operator of specialty insurance brokerages and underwriting facilities, acquired the assets of CM&F Group, a digital provider of healthcare liability insurance coverage for...
Coalition Acquires Digital Commercial Agency Attune
Oct 6 2021 // Coalition, a San Francisco-based cyber insurance and security company, has acquired Attune, a digital agency with a platform focused on commercial insurance. With the acquisition, Coalition maintains it will be the...
Climate Change Impact: 40% Chance of ‘100-Year Storms’ Over 20-Year Span
Oct 6 2021 // While events like Hurricane Ida and a Texas winter freeze demonstrate wide-reaching impacts of climate change to all but ardent deniers, even insurers and reinsurers may not fully appreciate all the risks, a new report...
People Moves: Ed Bermuda Names Marsh’s Juul as Head of Casualty; Mosaic Hires Jones From Liberty Specialty Markets; BHSI Promotes 2 for UK & Europe
Oct 5 2021 // This edition of International People Moves details appointments at Ed Bermuda, Mosaic Insurance and Berkshire Hathaway Specialty Insurance (BHSI). A summary of these new hires follows here. Ed Bermuda Names Marsh’s...
People Moves: Management Changes at Safety National Re; Westfield Specialty’s New Underwriting Execs; UFG Searches for New CFO
Oct 5 2021 // Safety National Re Revamps Management Team Safety National Re, a division of Safety National Casualty Corp., made changes to its management team. Bob King, formerly senior vice president and chief underwriting officer of...
People Moves: 1st Sustainable Insurer Names Foreman as Chair; Piiq and Gallagher Appoint Aerospace Execs; Optio’s Nuclear MGA Northcourt Hires Tetley as MD
Oct 4 2021 // This edition of International People Moves includes appointments at the first sustainable insurer, Parhelion; at brokers Piiq Risk Partners and Gallagher; and at Optio Group’s Nuclear MGA Northcourt. A summary of...
Bill Would Change Maritime Liability Rules After California Boat Fire
Oct 4 2021 // Federal lawmakers introduced legislation in late September that would change 19th century maritime liability rules in response to the 2019 boat fire off the coast of Southern California that killed 34 people. The bill...
Logic & Language and Forms & Facts Oh the Tangled Web We Weave….
Oct 4 2021 // To paraphrase Sir Walter Scott, “Oh what a tangled web we weave when we try to figure out coverage under multiple insurance policies.” This month, I’d like to feature a real-life coverage scenario...
Religious Partners Fear Boy Scouts’ Bankruptcy Plan Leaves Them Unprotected
Sep 28 2021 // Amid the Boy Scouts of America’s complex bankruptcy case, there is worsening friction between the BSA and the major religious groups that help it run thousands of scout units. At issue: the churches’ fears that...
Colonial Surety Launches Cyber and Fiduciary Package for Retirement Planning
Sep 28 2021 // Colonial Surety, a direct and digital insurer, expanded its fiduciary liability product offering for plan sponsors – businesses that offer retirement plans – with a new, two-part package that includes cyber liability...
Bill Would Change Maritime Liability Rules After California Boat Fire
Sep 24 2021 // Federal lawmakers introduced legislation this week that would change 19th century maritime liability rules in response to the 2019 boat fire off the coast of Southern California that killed 34 people. The bill would update...
Is Climate Litigation Covered by Insurance?
Sep 23 2021 // Federal or state court? How will attribution science impact climate litigation? The questions aren’t the only ones of interest to insurers and reinsurers wanting to understand the potential for mass climate liability...
Social Inflation or Science: What Is Fueling Climate Litigation?
Sep 23 2021 // A rising amount of litigation tied to the environmental and health impacts of greenhouse gas emissions prompted a question from the leader of a liability risk analytics company recently: “Is it about climate...
Key Hearing on Fate of Boy Scouts Bankruptcy Plan Underway
Sep 23 2021 // A Delaware judge on Tuesday began a key hearing that could determine whether the Boy Scouts of America can emerge from bankruptcy later this year with a reorganization plan that would compensate thousands of men who say...
People Moves: New Hires at Gilbert Insurance Agency, IAT Insurance Group
Sep 21 2021 // Gilbert Insurance Agency Hires Bernazani as Account Executive Gilbert Insurance Agency hired Carmelina Bernazani as an account executive for personal and commercial lines. Bernazani will work out of Gilbert’s...
People Moves: AXA XL Names Clark as Marine Liabilities Global Practice Leader; Hamilton Hires Ironshore’s Marzec as Head of Management Liability for E&S
Sep 20 2021 // AXA XL Names Clark as Marine Liabilities Global Practice Leader AXA XL’s Global Marine insurance business has appointed Stephen Clark as its Marine Liabilities Global Practice leader. Based in Chicago, Clark assumes...
The Impact of COVID-19 on Contractors and the Construction Industry
Sep 20 2021 // The coronavirus pandemic forced most individuals and businesses to stand still for a moment in time, a pause that was challenging for many and cost jobs, income and growth. While many industries are transitioning back to...
Demand Outpacing Supply in One of Best E&S Markets in 50 Years, Industry Veteran Says
Sep 17 2021 // The chair of W.R. Berkley Corp. has been observing conditions in the excess and surplus and specialty markets for more than five decades and views the current environment as just about the best in that time span. According...
Takeaways from Our Conversation about Innovative Products and Services for the Cannabis Industry
Sep 15 2021 // Powered by InsuranceJournal.tv We’re seeing a number of new cannabis insurance products being rolled out. Insurers may be gearing up for a potential 10-fold increase in sales to the booming $17 billion-a-year...
TDI OKs Higher TWIA Liability Limits for Manufactured Homes
Sep 15 2021 // The Texas Department of Insurance (TDI) approved the Texas Windstorm Insurance Association’s (TWIA’s) petition to increase its maximum liability limits on manufactured homes, but regulators said the insurer of...
