product liability coverage News

Beazley Launches Suite of Life Sciences’ Insurance in Asia Pacific

Specialist insurer Beazley has launched a suite of covers to protect organizations within Asia Pacific’s rapidly expanding life sciences sector. In an environment in which risk exposures are complex and varied – from the release of unsafe medical devices and …

General Star Expands Products Liability Appetite to 50 New Classes of Business

General Star Management Co. has added 50 classes for products liability offered by the Delegated Division, Contract P&C Unit. In addition, the gross receipts threshold for eligibility has been increased from $1.5 million to up to $5 million subject to …

General Star Adds Product Liability Coverages for Manufacturers, Distributors

General Star Management Co. has launched a trio of specialized product liability coverages called “Encore!” designed to protect manufacturers, importers and distributors from product liability exposures arising out of discontinued products, mergers or acquisitions, or other past product exposures. Discontinued …

Marsh Launches Excess Casualty Coverage for Product Liability Risks

Marsh has launched Marsh IO+, an enhanced excess casualty product designed for companies with significant product and other mass tort exposures. Organizations like retailers, food and beverage companies, construction firms, and manufacturers that produce and sell a high volume of …

General Star Contract Division Adds Product Liability for 50 Classes

General Star Management Co. has added product liability coverage to its suite of delegated authority product offerings. The new product liability feature consists of 50 classes and will be immediately accessible to all appointed contract P&C wholesale brokers. Expansion to …

Vermont Waste Facility Sues Insurer to Recover Payouts

The Chittenden Solid Waste District that inadvertently sold compost contaminated with herbicides last year is suing its insurance carrier to help recover at least part of the more than $520,000 it has had to pay out. In its lawsuit, the …