Latest Liability Headlines
All the headlines from our Liability Topic Page, ordered by recency.
Praedicat Launches Risk Scenario Platform to Widen Cross-Line Clash Analysis
Apr 16 2021 // Praedicat Inc., the Los Angeles-based liability emerging risk analytics company, announced the launch of its new Risk Scenario Analysis Platform, which widens the cross-line clash scope of its scenario suite. The platform...
Corvus, Skyward Specialty to Offer Cyber Coverage for Cargo Risks
Apr 16 2021 // Corvus Insurance, a provider of commercial insurance products powered by AI-driven risk data, and Skyward Specialty Insurance Group, a specialty property and casualty market, have partnered partnership to expand...
COVID Liability Shield for Businesses Becomes Law in Kentucky
Apr 15 2021 // Kentucky’s governor stood aside and let a bill become law that protects an array of businesses from coronavirus-related lawsuits. But he warned Monday that the measure is likely to draw a court challenge. The...
Boy Scouts’ Lawyers Eye New Reorganization Plan After Criticisms from Abuse Victims
Apr 15 2021 // DOVER, Del. (AP) – Attorneys for the Boy Scouts of America told a Delaware bankruptcy judge Monday that they plan to file a new reorganization plan after gaining little support for a previous proposal that has been...
Oklahoma Apprenticeship Bill Allows Liability Protection for Students
Apr 15 2021 // The Oklahoma House of Representatives has passed a bill that extends high school apprenticeship programs to include sophomores who are at least 16 years old. It includes a provision that allows school districts to obtain...
People Moves: Sierra Specialty Adds Dith in California; McHugh Joins Lockton in Seattle; Mathis to CWCI
Apr 15 2021 // Sierra Specialty Sierra Specialty, program specialist, managing general agency and wholesale insurance brokerage, has appointed Vicky Dith as a broker and underwriter specializing in construction insurance. Dith is located...
Oklahoma Bill Would Provide Liability Insurance to Educators
Apr 13 2021 // A bill that calls for providing liability insurance coverage to all full- and part-time school employees up to $1 million per occurrence has passed out of committee and moved to the House for consideration. Senate Bill...
People Moves: Liberty Mutual’s Curtis to Starr; Buckle Hires Two; RT Specialty Promotes Reynolds
Apr 13 2021 // Starr Insurance Companies Hires Curtis to Lead Primary Construction Unit Starr Insurance Companies has hired Matt Curtis as vice president and profit center manager for its Primary Construction unit. In his prior role at...
SEC Throws Another Wrench into Wall Street’s SPAC Machine
Apr 13 2021 // U.S. regulators are throwing another wrench into Wall Street’s SPAC machine by cracking down on how accounting rules apply to a key element of blank-check companies. The Securities and Exchange Commission is setting...
Simply Business Launches Liability Insurance for Social Workers
Apr 13 2021 // Simply Business, Inc., a Boston-based digital insurance agency offering small business owners access to insurance providers, has partnered with the National Association of Social Workers (NASW) Risk Retention Group, Inc....
U.S. P/C Insurers Report 2020 Underwriting Profits Despite Costs of COVID-19: Fitch
Apr 12 2021 // Despite considerable operating challenges in 2020 from the global COVID-19 pandemic, U.S. property/casualty (P/C) insurers saw a statutory underwriting profit for the third consecutive year, with an average 99% combined...
People Moves: Dietrich Named CEO, Hiscox Europe; Hartford’s Milner to Canopius; Agile Risk’s Foster to IGI; HDI Promotes Digman
Apr 9 2021 // This wrap-up of International People Moves details recent appointments at Hiscox, Canopius, IGI and HDI Global. A summary of these new hires follows here. Hiscox Robert Dietrich Specialist global insurer Hiscox has...
SEC Warns SPACs Aren’t a Way to Avoid Securities Laws
Apr 9 2021 // The U.S. Securities and Exchange Commission has a fresh warning for the booming SPAC market: Blank-check companies aren’t an end-around to avoid disclosing key information to investors. In a Thursday statement, a top...
Flexible Workspace Software Firm Adds Insurance Agency for Owners, Tenants
Apr 8 2021 // A Colorado-based workspace management software company has launched an insurance brokerage for coworking and flex space operators, members and tenants. The new agency, Proximity Protect, is offering insurance policies...
Arizona Governor Signs COVID-19 Liability Shield Bill into Law
Apr 7 2021 // Gov. Doug Ducey has signed legislation giving businesses, nursing homes and others a broad shield from lawsuits related to COVID-19, making Arizona the latest state to limit liability after the pandemic. Republican...
Agents, Stand Together in Helping Businesses Understand Standalone Cyber Insurance
Apr 7 2021 // It is well known that small and medium businesses face an ever-increasing risk of cyber attacks. Sixty-three percent reported they had experienced a cyber breach in the last 12 months, when Ponemon surveyed them in the...
Sex Abuse Victims Say Boy Scouts Bankruptcy Plan Falls Short in Compensation, Details
Apr 7 2021 // The official committee representing child sex abuse victims in the Boy Scouts of America bankruptcy is asking a judge for permission to file its own reorganization plan, saying the plan proposed by the BSA falls woefully...
Three Dozen California Bills Focus on Wildfire, Others Are Concerning for Insurance Industry
Apr 6 2021 // Roughly three dozen pieces of California legislation are directly related to wildfire, and while those bills should hold much interest for the insurance community, there are other bills making their rounds that should draw...
Commercial Vehicle Accident Lawsuits Target of Texas Legislation
Apr 5 2021 // A pair of companion bills have been introduced in the Texas House and Senate that proponents say are aimed at providing consistency and uniformity in civil actions involving commercial vehicle accidents. Opponents, on the...
Judge Rejects Uber Denial of Liability in Student’s Death on Freeway
Apr 5 2021 // Uber Technologies Inc. lost the first round in a lawsuit filed by the relatives of a university student who was run over and killed on a San Diego freeway after one of the company’s drivers allegedly ordered her out...
