Latest Liability Headlines
All the headlines from our Liability Topic Page, ordered by recency.
Morgan Stanley to Offer Coverage for High Net Worth Clients through Hub, Marsh, Willis
Aug 6 2020 // Morgan Stanley has expanded its insurance offerings to include property & casualty insurance coverage for its high net worth clients through insurance brokers HUB International, Marsh Private Client Services, and...
Tennessee Gov Calls Special Session to Address COVID-19 Liability
Aug 5 2020 // Gov. Bill Lee on Monday announced he’s calling lawmakers back to the Capitol to address legislation that would provide health care providers, schools and businesses broad protections against coronavirus lawsuits. Lee...
FCC Seeks Comments on Trump Plan to Weaken Internet Firms’ Liability Protection
Aug 4 2020 // The Federal Communications Commission will take comments for 45 days on President Donald Trump’s proposal to weaken liability protection for social-media companies such as Twitter Inc., the agency’s chairman...
CoverWallet Launches Digital Management Liability Package for VC-Backed Startups
Aug 3 2020 // CoverWallet, an Aon company and digital insurance platform for businesses, has launched a digital insurance product for venture capital (VC)-backed startups. The new management liability package offers VC-backed startups...
ABD Insurance and Financial Services Names Finn as SVP Based in NYC
Aug 3 2020 // ABD Insurance and Financial Services has named Deirdre Finn as senior vice president of the company’s Executive Risk Solutions (ERS) National Practice. Finn will be based out of ABD’s NYC offices. In this role,...
AstraZeneca Gets Protection from Future Product Liability Claims for COVID Vaccine
Aug 3 2020 // AstraZeneca has been granted protection from future product liability claims related to its COVID-19 vaccine hopeful by most of the countries with which it has struck supply agreements, a senior executive told...
McConnell’s Liability Shield Among Hurdles for Coronavirus Relief Bill
Jul 29 2020 // Stimulus talks between President Donald Trump’s representatives and Democrats bogged down Tuesday over demands by Senate Majority Leader Mitch McConnell that his proposed changes to liability law be included...
GOP Senator Wants to Tie Internet Firms’ Liability Immunity to Curb on Behavioral Ads
Jul 28 2020 // Republican Senator Josh Hawley on Tuesday introduced legislation that would penalize large tech companies that sell or show targeted advertisements by threatening a legal immunity enjoyed by the industry — the latest...
Trump Administration Wants FCC to Write Rules on Liability for Social Media Content
Jul 28 2020 // A U.S. Commerce Department agency on Monday petitioned the Federal Communications Commission to reinterpret a 1996 law to require transparency in how social media companies moderate content, after President Donald Trump...
Berkshire Hathaway GUARD Offers Accountants Professional Liability in Pennsylvania
Jul 27 2020 // Berkshire Hathaway GUARD Insurance Companies recently announced it added Pennsylvania to the list of states where the insurer offers its Accountants Professional Liability product. In 2016, it began writing Professional...
Insurers Exploring ‘New World’ of Police Officer Professional Liability
Jul 24 2020 // U.S. insurers and brokers are starting to craft professional liability coverage for police officers, spurred on by signs that policymakers in some cities and states want to use a financial stick to curb police...
Travelers Reports Q2 Loss on Catastrophes, Investments; Only Modest COVID Impact
Jul 23 2020 // The Travelers Companies reported a net loss of $40 million for the quarter ended June 30, 2020, compared to net income of $557 million in the prior year quarter. The insurer said the difference was primarily due to higher...
Insurer Beazley Launches Cyber and Financial Lines Insurance in Colombia
Jul 22 2020 // Specialist insurer Beazley has launched a suite of cyber and financial lines insurance products to protect against the risks facing businesses and senior executives in Colombia. Beazley has tailored an information security...
Indiana Court: Insurers Off the Hook for Covering NCAA Athlete Aid Suit
Jul 21 2020 // An Indiana appeals court has sided with a group of insurers, saying they are not required to provide $25 million in excess coverage for an underlying lawsuit against the National Collegiate Athletic Association (NCAA) over...
BHSI Names Amandi from Allianz as Head of Financial Institutions in Germany
Jul 21 2020 // Berkshire Hathaway Specialty Insurance (BHSI) announced that it has named Dr. Frank Amandi as head of Financial Institutions, for Executive and Professional Lines in Germany. Amandi has more than 20 years of experience...
CAC Specialty Adds Regueiro as Sr. VP, Marketing Account Exec in Houston
Jul 20 2020 // CAC Specialty has added Robert Regueiro as senior vice president and marketing account executive in its Financial Lines Practice in Houston. Regueiro comes to CAC Specialty with extensive industry expertise and knowledge....
Michigan to Enbridge: $900M in Liability Insurance Plus $1.8B Needed for Oil Spill Risk
Jul 20 2020 // On July 17, Michigan sought a written pledge from Enbridge Inc. to cover costs that would arise if oil were to leak from its dual pipelines that extend across a channel linking two of the Great Lakes, although the Canadian...
Mintz Adds Five to Insurance and Reinsurance Practice in Washington D.C., New York
Jul 20 2020 // Law firm Mintz has added a group of five practitioners to its Insurance and Reinsurance Practice. Deirdre G. Johnson, Paul W. Kalish, Suman Chakraborty and Ellen MacDonald Farrell joined as members, and Elaine Panagakos...
Nursing Homes Face Uphill Battle
Jul 20 2020 // At least 40% of all coronavirus deaths in the U.S. are from nursing home residents and caregivers. States like Massachusetts and Pennsylvania report an astounding 62% to 65% of their COVID-19 deaths from nursing homes and...
Lloyd’s Underwriters Sue Indiana Archdiocese Over Liability Insurance Response
Jul 17 2020 // An insurance company is suing the Indianapolis archdiocese, alleging that it failed to disclose allegations of child sexual abuse by a Catholic priest when it applied for liability insurance. Underwriters for Lloyd’s...
