Latest Liability Headlines
All the headlines from our Liability Topic Page, ordered by recency.
California Commissioner Spearheading National Cannabis Insurance Framework
Jan 28 2020 // California Insurance Commissioner Ricardo Lara is at the forefront of shaping how state insurance regulators all over the U.S. will deal with the legal cannabis market. Lara is not only the chief insurance regulator of the...
TDI to Insurers: Compliance with Temporary Vehicle Coverage Provisions Required
Jan 28 2020 // The Texas Department of Insurance has reminded carriers that provide personal auto insurance in the state about the need to comply with new temporary vehicle coverage provisions contained in House Bill 3420. HB 3420,...
Internet Firms’ Liability Shield on Justice Department Meeting Agenda
Jan 27 2020 // The U.S. Justice Department is planning to hold a conference to discuss the future of a federal law which largely exempts online platforms from legal liability for the material their users post, sources familiar with the...
Logic & Language, Forms & Facts: The Unimpeachable Case of the Word ‘Are’
Jan 27 2020 // Last year, I wrote a 12-part series of Insurance Journal columns based on my book “When Words Collide: Resolving Insurance Coverage and Claims Disputes” where I shared the principles and practices I’ve...
Texas E&S Premium Up 14.3% in 2019, Stamping Office Says
Jan 27 2020 // Excess and surplus lines insurance premium (E&S) in Texas reached $6.95 billion in 2019, a 14.36% increase over 2018’s premium total of $6.08 billion, according to the Surplus Lines Stamping Office of Texas...
Making Big Oil Pay for Climate Change May Be Impossible
Jan 24 2020 // Exxon Mobil dodged a bullet last month when a judge rejected a novel climate-change lawsuit brought by New York’s attorney general. The case began with a promise from state officials that there would be a historic...
Travelers Reports Strong Q4, Full Year Results on Lower Catastrophe Losses
Jan 23 2020 // Strong quarterly and full year 2019 results for Travelers Cos. were helped by lower catastrophe losses and premium hikes. Net income rose to $873 million in the fourth quarter ended Dec. 31 from $621 million for the same...
Is it a MORAL or MORALE hazard?
Jan 22 2020 // I just read a really interesting article about determining liability when there is a car accident involving an autonomous vehicle. The article presents some of the findings from a study done by Columbia Engineering and...
Tort Reformers Proclaim Top 10 ‘Judicial Hellholes’ for 2020
Jan 21 2020 // It’s out: the annual report by tort reform advocates of what they say are the nation’s worst local courts and states that are abusing the civil justice system. The report also warns of state courts that did not...
Liberty Mutual’s Irish Insurer Exits Several Lines Including Commercial Liability, Property
Jan 17 2020 // Liberty Insurance, the Irish subsidiary of Liberty Mutual Insurance Group, is exiting its commercial liability, commercial property and development bonds lines of business. Liberty will continue to provide services and...
U.K. P&C Insurers Face Strong Competition, Claims Inflation: AM Best Report
Jan 16 2020 // Market conditions for U.K. non-life insurers were difficult in 2019 as they continued to face strong competition and claims inflation, according to a report published by AM Best. Companies have had to contend with changes...
Florida Legislative Session 2020: Insurance Bills to Watch
Jan 16 2020 // The Florida insurance industry will be focused on several key issues this session, including reform for auto glass (windshield) assignment of benefits (AOB) abuse, reforms to the state’s legal system, as well as...
Brownyard Group Expands Cemetery, Crematory, Library Programs into New States
Jan 15 2020 // Brownyard Group has expanded its insurance program for cemeteries and crematories, Memorialpro, and insurance program for non-profit libraries, By The Cover, will now be available in additional states. In addition to...
Using Game Theory to Determine Who’s Liable: Autonomous Vehicle or Human Driver?
Jan 15 2020 // A recent decision by the National Transportation Safety Board (NTSB) on the March 2018 Uber crash that killed a pedestrian in Arizona split the blame among Uber, the company’s autonomous vehicle (AV), the safety...
Ed Broking Appoints Kelley from Sompo Int’l as Head of Bermuda Liability Division
Jan 15 2020 // Ed, the global reinsurance, wholesale and specialty broker, announces the appointment of Colin Kelley as head of Ed’s new Liability Division in Bermuda. Effective immediately, Kelley will lead the professional lines,...
Trump Administration Issues New Rule on Joint Employer Liability
Jan 13 2020 // The Trump Administration announced a final rule setting forth standards for determining joint employer status under the Fair Labor Standards Act (FLSA), a rule that has been sought by franchisers and companies that employ...
Potential Wage-and-Hour Claims Could Rise Under New Overtime Rule
Jan 13 2020 // New federal rules on overtime pay, which began January 1, change for the first time since 2004 the threshold for who is entitled to overtime pay — and who is not. The new rule raises the income threshold that...
January 2020 Reinsurance Renewals Varied Significantly, Brokers Say
Jan 13 2020 // The January 2020 reinsurance renewals saw significant variation in pricing and capacity depending on geography, line of business, cedents’ loss record and client relationships, according to two reports published by...
Employment Practices – Liability Claims in 2020
Jan 13 2020 // After Back to the Future 2 was released in 1989, moviegoers could observe Marty McFly as he traveled to his version of 2015 where fingerprints were used to identify a person, to unlock the front door of a house and to pay...
Why It’s Not So Easy Getting Insurers to Defend in Sexual Harassment Cases
Jan 13 2020 // While Harvey Weinstein’s insurers have reportedly agreed to pay $47 million to settle civil suits against the movie producer, most policyholders should prepare for an epic legal battle just to get their insurers to...
