Plane Crashes Into Southern California Home, Killing 5
A small plane crashed into a Southern California home on Sunday, killing five people, injuring two others and spraying debris across several residential blocks that temporarily became a site of chaos.
February 4, 2019
Excess & Surplus Lines
Liability
Property
Subrogation
California
Judge Sees A Clear-Cut Pattern Of California Utility Starting Wildfires
A federal judge who has emerged as a vocal critic of PG&E Corp.s safety record, said the California utility giant has a “clear-cut pattern” of starting wildfires and needs “strong medicine” put in place before this years season begins.
January 31, 2019
Catastrophe
Excess & Surplus Lines
Liability
Litigation
California
The Changing Risk And Liability Landscape For IT Security And Data Risks
Cyberrisks are fast-evolving, posing an ever-changing threat to businesses. According to the annual Allianz Risk Barometer, which surveys more than 1,900 risk experts, cyberrisks have gone from 15th five years ago to now ranking as the second most important peril globally.
January 28, 2019
Excess & Surplus Lines
Liability
Risk Management
Technology
Six Firms Sued By Wisconsin City Over Gas Explosion Damage
The city of Sun Prairie filed a lawsuit Friday against two communications contractors, an underground utility locating service and a gas utility over the July 10 explosion that killed a firefighter and leveled several buildings in the citys downtown.
January 28, 2019
Excess & Surplus Lines
Liability
Litigation
Wisconsin
The Rapid Spread Of Smart Cities Exchanges Old Risks For New Ones
Smart cities are entering a new phase, as not only are city leaders readily installing digital solutions to improve efficiencies, such as cutting down the minutes spent on a daily commute, but residents are now able to use their smartphones as the keys to the city that unlock further capabilities by injecting additional data into the smart ecosystem, according to a 2018 report from the McKinsey Global Institute.
January 22, 2019
Excess & Surplus Lines
Liability
Risk Management
Technology
Washington Regulators Ban Insurance Policies Backed By The NRA For Self-Defense Shootings
Insurance coverage backed by the National Rifle Association that would assist gun owners who later claimed self-defense in a shooting may no longer be sold in Washington state, regulators announced Tuesday.
January 16, 2019
Excess & Surplus Lines
Legislation & Regulation
Washington
Long-Delayed $20M Insurance Fraud Trial Set To Begin For Pennsylvania Socialite
Jury selection is scheduled to begin Monday in the case of a politically connected Buckingham woman accused nearly four years ago of a $20 million insurance fraud scheme involving a fire that heavily damaged her familys million-dollar Stony Hill Road mansion.
January 15, 2019
Excess & Surplus Lines
Fraud
Litigation
Property
Pennsylvania
Possible PG&E Bankruptcy Would Halt Liability Suits For North Bay Fire Victims
Thousands of Sonoma County families would see their claims against PG&E delayed and possibly reduced if the San Francisco utility carries through with its plan announced Monday to file for bankruptcy protection as a result of $30 billion in liability for wildfire damages in recent years.
January 15, 2019
Excess & Surplus Lines
Liability
Litigation
Property
Subrogation
California
Tech Helps Transportation Firms Fight Nuclear Court Verdicts
The commercial transportation industry in North America is “barely keeping up with the loss trends,” according to a casualty underwriter at Swiss Re. The market is under “significant pressure” following a 5-10-year period where the frequency and severity of losses shot up and insurance rates lagged behind.
January 14, 2019
Excess & Surplus Lines
Liability
Litigation
Technology
Lloyds Of London Hit With Federal Class Action Pointing At "Virtually Worthless" Insurance
Certain underwriters at Lloyds of London, insurance agencies, and Lloyds syndicates have been taken to court.
January 11, 2019
Excess & Surplus Lines
Litigation
Risk Management
Hawaii
Juveniles Play Demolition Derby At CarMax, Cause $800K In Vehicle Damage
A group of juveniles are accused of causing $800,000 worth of damage to mostly high-end vehicles at a Carmax dealership on the North Freeway over the weekend.
January 10, 2019
Auto
Excess & Surplus Lines
Texas
Lloyds Disputes Claim Over Diamond-Studded Statue
A major insurance company is fighting back after a British Columbia court required it to make good on a policy covering a gold, diamond-encrusted eagle statue allegedly stolen in Metro Vancouver more than two years ago.
January 9, 2019
Excess & Surplus Lines
Litigation
Cyber Security And Resilience
"Even as we focus on preventing and deterring malicious cyber activity, we must also maintain resilience as events occur.… By applying lessons learned from past incidents we can improve management of future cyber incidents and enhance the countrys cyber-resilience."
January 8, 2019
Excess & Surplus Lines
Risk Management
Technology
Sharp Increase In Air Crash Deaths In 2018
The Aviation Safety Network (ASN) released its 2018 accident statistics, marking a notable uptick in fatalities from 2017. ASN recorded a total of 15 fatal commercial airliner accidents (12 passenger and three cargo flights), resulting in 556 fatalities.
January 8, 2019
Excess & Surplus Lines
Liability
Seven Killed In Fiery Crash On I-75 Near Gainesville, Florida
Seven people were killed and at least seven injured in a fiery crash on an interstate highway in northern Florida on Thursday, fire officials said.
January 4, 2019
Auto
Excess & Surplus Lines
Liability
Subrogation
Florida



