Most Popular Liability Headlines This Year
The most viewed headlines from our Liability Topic Page over the last year.
#1 Titanic Law Helps Ship Owner Limit Bridge Collapse Liability
Mar 27 2024 // The owner of the ship that rammed into a Baltimore bridge could face hundreds of millions of dollars in damage claims after the accident sent vehicles plunging into the water and threw the eastern US transportation network...
#2 South Carolina Bars, Eateries Closing Down for Lack of Affordable Liability Coverage
Sep 18 2023 // Wanted in South Carolina: $1 million in liquor liability coverage at an affordable premium to prevent closure of establishment. That’s the type of advertisement one can imagine bars and bistros across the Palmetto...
#3 Popular SC Country Music Venue Shuts Down Due to Liquor Liability Insurance Costs
May 16 2024 // A popular country music venue in Greenville, South Carolina, has closed its doors after almost 30 years, citing the cost of liquor liability insurance in the state. The Post and Courier newspaper and other news outlets...
#4 ‘Citizens 2.0’ is 86’d but Other Florida Insurance, Liability Bills Still Alive
Feb 20 2024 // A move to revamp the state-backed property insurer of last resort into Florida’s main wind carrier, a plan dubbed “Citizens 2.0,” appears to have died in the Legislature this year. But other...
#5 Insurance Industry Readies for Historic Losses From Baltimore Bridge Tragedy
Mar 29 2024 // It’s very early in the recovery process and already the numbers are large. Insured losses for the tragic collapse of the Francis Scott Key Bridge in Baltimore could be as much as $2 billion to $4 billion, according...
#6 Into the Surge in High-Stakes Verdicts: A Deep Dive Into Nuclear Verdicts
Dec 27 2023 // In recent years, the insurance industry has been grappling with a growing concern: the surge in what is now termed “nuclear verdicts.” As the name suggests, these are not just ordinary legal outcomes. These...
#7 The Battle Over J&J’s Bankruptcy Plan to End Talc Lawsuits
Jul 8 2024 // Eron Evans died in 2016 at 41 of ovarian cancer, leaving behind two daughters. Her grieving mother, Darlene, blames Johnson & Johnson’s Baby Powder – and she’s pursuing a lawsuit her daughter started a...
#8 North Carolina Will Soon Have Some of the Highest Auto Liability Minimums
May 29 2024 // Starting next year, the minimum automobile liability coverage in North Carolina will jump significantly, thanks to a 2023 law that raised the minimum requirement for the first time in 25 years. Since 1999, North Carolina...
#9 Allstate Doesn’t Owe for Diminished Value; Farm Bureau Barred from Subro, Courts Say
Jan 17 2024 // Two court rulings in Southeastern states have underscored insurers’ responsibilities under uninsured motorist laws. In a Mississippi class-action lawsuit, the U.S. 5th Circuit Court of Appeals found that Allstate...
#10 ‘Buffett Got it Wrong’ on California Fire Risk: PG&E CEO
Apr 29 2024 // Warren Buffett’s warning that wildfires have turned utilities across the western US into risky investments is mistaken — at least in California, according to the head of the state’s largest electricity...
#11 Mom Not Liable in Son’s Crash of Family Car, Florida Supreme Court Says
Nov 17 2023 // Florida families and their auto insurers can rest a little easier after the state Supreme Court decided Thursday that a mom cannot be held vicariously liable for an accident caused by her son who had borrowed the family...
#12 Uber Sues Drivers’ Insurer Alleging Its Claims Practices Have Fueled Tort Litigation
Feb 20 2024 // Uber Technologies last Friday sued its drivers’ auto insurer for defense and indemnification regarding multiple lawsuits that are seeking to hold Uber vicariously liable for accidents involving some of its drivers in...
#13 Liability Reinsurance Crisis Could Be Looming, TransRe CEO Says
Jun 7 2024 // “There could be a liability crisis in reinsurance in a couple of years,” a reinsurance executive predicted this week. Ken Brandt, chair, president and chief executive officer of TransRe, offered the assessment...
#14 Fed Court Wants Florida Supremes to Clarify Rule That Can Bar Subrogation Recovery
Mar 7 2024 // In the next year or so, the Florida Supreme Court will decide on the exact meaning of a legal doctrine that, under one interpretation, has blocked millions of dollars per year in subrogation recovery for liability...
#15 US Chamber of Commerce: Nuclear Verdicts’ Amount, Frequency Continue to Increase
Jun 10 2024 // A recent report from The U.S. Chamber of Commerce Institute for Legal Reform (ILR) has found that nuclear verdicts of $10 million or more are on the rise. Looking at verdicts from 2013 to 2022, ILR said the median nuclear...
#16 Ship Owner in Bridge Collapse Seeks to Limit Its Liability
Apr 2 2024 // The owner of the ship that rammed into a bridge in Baltimore last week, killing six workers and throwing the eastern US transportation network into chaos, is seeking to limit its liability to about $43.7 million. The...
#17 Alera Group: Personal Insurance Outlook ‘Discouraging’
Dec 18 2023 // Unprecedented industry losses and unprofitability in homeowners and auto insurance will significantly impact pricing and availability in 2024, especially in catastrophe-prone areas and states with challenging regulations,...
#18 Towers Watson Again Denied Coverage for $90M Settlements Over 2016 Willis Merger
Mar 11 2024 // Towers Watson has been hit with another roadblock on its long and winding road to reach coverage for $90 million in settlements of two lawsuits related to its merger with broker Willis in 2016. A Virginia federal district...
#19 Commercial Auto Up Against Persistent Headwinds to Underwriting Profit
Oct 4 2023 // Underwriting losses in U.S. commercial auto have returned to pre-pandemic levels and rate increases have not been enough to keep up with severity trends. “The liability component has been more problematic than the...
#20 SC Bill, Passed by House, Would Let Captives Solve the Liquor Liability Squeeze
Apr 8 2024 // With one month left in the South Carolina legislative session, two bills designed to ease liquor liability insurance costs are evolving and moving forward. The state House of Representatives late last month voted 106-2 to...
