Insurance Journal

NOVEMBER 15, 2024

Houston-baed Skyward Specialty Insurance Group announced the launch of its new life sciences liability coverage. The strategic addition to the Company’s healthcare solutions underwriting unit offers comprehensive and adaptable protection specifically tailored to meet the needs of the life sciences …

Liability 260

Liability Underwriter Underwriting Protection 260

Insurance Journal

FEBRUARY 6, 2025

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

Liability Liability Insurance Claim Insurance 279

Insurance Journal

OCTOBER 21, 2024

A New York town’s highway superintendent is not protected from liability for a collision with another vehicle because he was not actually engaged in work on a highway at the time of the accident, New York’s highest court recently ruled, …

Liability 264

Liability Protection 264

Insurance Journal

DECEMBER 13, 2024

A bill making its way through the Ohio General Assembly would prohibit requiring firearm liability insurance. Senate Bill 58 passed the House by a 61-27 vote and now heads to the Ohio Senate, where legislators in the chamber will have …

Liability Insurance 246

Liability Insurance Liability Insurance Insurer 246

Insurance Journal

NOVEMBER 20, 2024

organizations are examining ways to predict, prevent and avoid the liabilities that light the fuse on multi-million-dollar court cases. As the costs of nuclear and thermonuclear verdicts explode in the U.S., Areas critical to watch include pharma class actions, the …

Liability 264

Liability Commercial 264

Insurance Journal

APRIL 6, 2025

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

Liability Claim 213

Insurance Journal

DECEMBER 11, 2024

(AP) With the largest number of newly elected members at least since World War II, Republican South Carolina Senate leaders are thinking about tackling some issues like tax reform and liquor liability insurance that have long been …

Liability 244

Liability Liability Insurance Insurance Insurer 244

Insurance Journal

APRIL 4, 2025

The Travelers Companies launched Travelers Cyber Risk Services, a suite of capabilities added to all cyber liability policies designed to help lower the risk of a cyberattack and the cost to recover from one. In addition to always-on threat monitoring …

Cyber 237

Cyber Liability Risk Policy 237

Insurance Journal

MARCH 6, 2025

Tokio Marine HCC Int’l Promotes Gower as Head of Marine and Energy Liability Tokio Marine … This edition of International People Moves details appointments at Tokio Marine HCC International and the broker Miller. A summary of these new hires follows here.

Marine 147

Marine Liability Broker 147

Insurance Journal

FEBRUARY 28, 2025

Pen Underwriting, the London-based managing general agent, has expanded and enhanced its specialist insurance proposition for recruitment agencies, to support clients’ international growth strategies and help them respond to increasing legal liabilities arising from contractual complexities. With immediate effect, Pen’s …

Underwriter 237

Underwriter Underwriting Liability Agents 237

Insurance Journal

FEBRUARY 7, 2025

During an earnings call with analysts, Mario Rizzo, president of property-liability, said recent financial results reflect “successful execution” … Allstate’s plan to correct its auto insurance business has “restored profitability back to target levels,” said the insurer’s head of personal insurance.

Auto Insurance 240

Auto Insurance Liability Insurance Insurer 240

Insurance Journal

MARCH 24, 2025

the specialist MGA platform and wholly owned subsidiary of The Fidelis Partnership (TFP), announced the launch of an international casualty MGA called Sevanta Specialty Liability Ltd. Sevanta will focus on niche international specialty liability, writing business … Pine Walk Capital Ltd.,

Liability 147

Liability 147

Insurance Journal

APRIL 21, 2025

The Marietta, Georgia-based firm, founded in 1989, introduced six new lines of business, including commercial general and excess liability; commercial … Transatlantic Underwriters, a specialized wholesale brokerage for trucking and transportation insurance, is making a limited move into broader property-casualty coverage.

Liability 130

Liability Underwriter Underwriting Commercial 130

Insurance Journal

DECEMBER 6, 2024

A federal court in Pennsylvania recently affirmed that plaintiffs seeking to hold a seller or distributor liable for a faulty product must provide clear evidence of where they purchased their product. In a homeowners insurance subrogation case over water damage …

Liability 246

Liability Damage Insurer Insurance 246

Insurance Journal

FEBRUARY 12, 2025

The European Union is reviewing the extent to which companies can be held liable for environmental and human rights breaches in their supply chains, ahead of a package designed to remove red tape from the bloc’s ESG regulatory framework. The …

Liability 234

Liability 234

Insurance Journal

APRIL 9, 2025

Backed by Somers Re, the Bermuda-based program is writing a portfolio of professional liability products and … Helix Underwriting Partners Ltd., the Bermuda-based managing general agent (MGA), has launched a professional lines program with a maximum line limit of $10 million.

Underwriter 147

Underwriter Underwriting Liability Agents 147

Insurance Journal

MARCH 4, 2025

Brookfield Wealth Solutions is entering the UK pension insurance market, it said on Monday, as the Canadian financial giant looks to tap into strong demand from companies to offload their pension scheme risks to insurers. The move – subject to …

Liability 228

Liability Insurance Insurer Insured 228

Insurance Journal

JANUARY 12, 2025

The company listed $1 billion to $10 billion in assets and liabilities each, along with more than 100,000 … Prospect Medical Holdings Inc., once an active buyer of cash-strapped hospitals, filed for bankruptcy after struggling with debt piles and soaring costs.

Liability 308

Liability 308

Insurance Journal

MARCH 30, 2025

Contractors insurance groups say worker injuries are being faked at an unprecedented rate across New York’s construction sites in hopes of receiving workers’ compensation benefits and liability insurance payouts, according to court filings and an ABC News report. Worker advocates …

Injury 288

Injury Worker Injury Liability Insurance Compensation 288

Insurance Journal

AUGUST 27, 2024

The saga of the Murdaugh family in South Carolina continues, now with a convenience store company suing its liability insurers for failing to defend it against a second lawsuit stemming from the sale of beer to an underage Paul Murdaugh …

Liability Insurance 299

Liability Insurance Liability Insurance Insurer 299

Insurance Journal

JANUARY 14, 2025

DARAG, a leading legacy acquirer with a focus on the European and UK market, and wefox Insurance AG, the Liechtenstein-domiciled insurance carrier of wefox Group, announced the transfer of a run-off portfolio including motor damage and third-party liability, private liability …

Liability 263

Liability Insurance Carrier Damage Insurance 263

Insurance Journal

OCTOBER 16, 2024

Thousands of Massachusetts medical professionals and other employees of troubled hospital operator Steward Health Care are at risk because Steward does not have adequate liability or workers’ compensation coverage in place to protect them after Steward’s exit from the state, …

Liability 278

Liability Compensation Protection Risk 278

Insurance Journal

MARCH 30, 2025

Contractors insurance groups say worker injuries are being faked at an unprecedented rate across New York’s construction sites in hopes of receiving workers’ compensation benefits and liability insurance payouts, according to court filings and an ABC News report. Worker advocates …

Injury 264

Injury Worker Injury Liability Insurance Compensation 264

Insurance Journal

SEPTEMBER 5, 2024

Florida, Georgia and Texas insurance agents can submit general liability and commercial excess business to FCCI Specialty Insurance … Sarasota-based FCCI Insurance Group will soon start writing excess and surplus lines across much of the country, the carrier announced this week.

General Liability 278

General Liability Liability Commercial Insurance Agent 278

Insurance Journal

AUGUST 5, 2024

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

Claim Liability Cyber 290

Insurance Journal

OCTOBER 28, 2024

excess liability and Atlantic hurricane both reduced, observe the co-founders of UWX. Executive Summary: During the period 2013 through 2018, the U.S. did not become less litigious nor did Atlantic sea surface temperatures get less warm. Yet rates for U.S.

Underwriter 289

Underwriter Underwriting Commercial Liability 289

Insurance Journal

OCTOBER 2, 2024

Insurers are playing “pass the liability parcel” in a desperate fight against multi-billion dollar claims over aircraft stranded in Russia since the invasion of Ukraine two years ago, lawyers for aviation lessors told a London trial on Wednesday. Mark Howard, …

Liability 290

Liability Insurance Insurer Insured 290

Insurance Journal

OCTOBER 15, 2024

QBE International Markets will launch a new U.S. inland marine offering by 2025 across all 50 states as it expands its specialty product suite. The team and product will be added to QBE International Market’s growing ocean marine and energy …

Inland Marine 263

Inland Marine Marine Liability Insurance 263

Insurance Journal

DECEMBER 20, 2024

Social inflation will continue to be a top concern for insurers and reinsurers in 2025 with US liability claims increasing by 57% during the past decade and nuclear verdicts rising in frequency, said Swiss Re, pointing to jury awards above …

Risk 264

Risk Liability Claim Insurer 264

Insurance Journal

DECEMBER 12, 2024

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

Claim Liability 246

Insurance Journal

NOVEMBER 26, 2024

A commercial general liability policy with a pollution exclusion does not protect a Virginia homeowners association from lawsuits filed by swimmers alleging they were injured by chemicals discharged into the community pool. That is the argument made by Philadelphia Indemnity …

Commercial General Liability 246

Commercial General Liability General Liability Injury Liability 246

Insurance Journal

MARCH 10, 2025

lawmakers it could stop selling Roundup weedkiller unless they can strengthen legal protection against product liability litigation, according to a financial analyst and a person close to the matter. Bayer has told U.S. Bayer has paid about $10 billion to …

Liability 245

Liability Protection 245

Insurance Journal

DECEMBER 5, 2024

Most major commercial lines premium renewal rates were higher month over month, except general liability, which remained consistent with October and Commercial Property and Workers’ Compensation which saw a decrease, according to the November 2024’s results of the Ivans Index.

Commercial 264

Commercial General Liability Commercial Property Liability 264

Insurance Journal

MARCH 28, 2025

property/casualty market with eye on potential changes in directors and officers liability. Broker Lockton early this week issued its outlook of the mostly buyer-friendly U.S. The latest edition of the Lockton Market Update noted public and private D&O insurance buyers …

Liability 217

Liability Broker Insurer Insurance 217

Insurance Journal

OCTOBER 30, 2024

statewide average decrease in rates for workers’ compensation and employers’ liability insurance. New Jersey Commissioner of Banking and Insurance Justin Zimmerman has approved a 6.9% The new rates will apply to new and renewal policies effective January 1, 2025. The …

Workers Compensation 260

Workers Compensation Compensation Liability Insurance Liability 260

Insurance Journal

MARCH 3, 2025

AM Best noted renewal premium for monoline D&O liability continued to fall during the first three months … Insurance industry rating analysts from AM Best warn recent softer pricing for directors and officers coverage could begin to affect insurers’ underwriting results.

Underwriter 259

Underwriter Underwriting Liability Premium 259

Insurance Journal

APRIL 6, 2025

Architects and engineers professional liability insurers report concerns about the persistent effects of inflation on claim expenses, uncertainty about the U.S. economy, higher risk project types and professional design disciplines, as well as new exposures from artificial intelligence (AI), according …

Professional Liability Insurance 222

Professional Liability Insurance Claim Liability Insurance Liability 222