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Viewpoint: Early Action Key to Mitigating Risk in Professional Liability Claims

Insurance Journal

Professional liability claims impact a multitude of professions, including those in the legal, medical, financial and insurance industries. Claims for malpractice, breach of contract, breach of fiduciary duty and related issues can result in widespread premium increases and professional discipline.

Liability 264
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Insurance Groups Pushing Hard for Georgia Tort Reform as State Liability Costs Soar

Insurance Journal

Georgia’s governor has asked state lawmakers for $175 million to cover the growing costs of liability claims against state agencies and employees, as the state’s liability insurance fund has dwindled to a fraction of the outstanding costs. The Atlanta Journal-Constitution …

Liability 279
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Maryland Lawmakers Send Bill Limiting Sexual Abuse Liabilities to Governor

Insurance Journal

Maryland lawmakers passed a measure Saturday to try to limit future liabilities from claims of sexual abuse at state and private institutions after thousands of people unexpectedly came forward with allegations of abuse, many of them in youth detention centers, …

Liability 213
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CrowdStrike Rejects Delta Air Lines Claims Over Flight Woes

Insurance Journal

CrowdStrike on Sunday rejected a claim by Delta Air Lines that it should be blamed for flight disruptions following a July 19 global outage sparked by a faulty update, and suggested it had minimal potential liability. Delta CEO Ed Bastian …

Claim 290
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Markets/Coverages: Novatae Risk Group Launches Misc. Pro Liability Program

Insurance Journal

Novatae Risk Group, a managing general agency, program manager and wholesale brokerage, said it has launched its new miscellaneous professional liability program with a focus on fast quoting for brokers and exceptional claim service for insureds. With underwriting handled in-house …

Liability 246
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Public Nuisance Claims Denied by Ohio Supreme Court in Opioid Case

Insurance Journal

COLUMBUS, Ohio (AP) The Ohio Supreme Court ruled last Tuesday that the state’s product liability law prohibits counties from bringing public nuisance claims against national pharmaceutical chains as they did as part of national opioid litigation, a decision that …

Claim 246
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California Food Distributor Settles False Claims Liability for Small Business Contracting Violations

Insurance Journal

in Ontario, California, agreed to pay more than $949,000 to settle allegations of False Claims Act violations related to small business contract bidding. The GS Foods Group Inc. The company was accused of improperly securing contracts designed for small businesses …

Claim 208