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How Businesses Can Protect Themselves From Cyber-Related Losses

Cyber liability insurance may cover a company against losses if a data breach occurs because of the actions, or lack of preventive actions, by the insured company or a third-party such as a vendor.
May 23, 2019 Liability

Next Insurance Launches Professional Liability Product

Next Insurance is rolling out a new professional liability coverage product, which will be made available online.

The product launch coincides with Next Insurance's announcement that it now supports more than 1,000 classes of business across the country.
May 22, 2019 Liability

Gallagher Bassett Launches New Division

Gallagher Bassett (GB) has announced the launch of a new division, GB Specialty, for specialized lines of coverage such as medical malpractice and high-exposure claims in standard lines like general liability.
May 21, 2019 Liability

Tesla Dashcam Saves Model 3 Owner From Potential Insurance Scam

A Tesla owner is thanking his Model 3’s built-in dashcam after his vehicle helped him avoid a potential case of insurance fraud. Armed with recordings of a suspicious accident involving a cyclist who fled the scene, the Tesla owner was able to prove to his insurance company that he was not at fault.
May 20, 2019 Fraud Liability California

F-16 Fighter Jet Crashes Into California Building

An F-16 fighter jet being flown in routine training exercises crashed into a warehouse just outside March Air Reserve Base in Southern California on Thursday, the pilot ejected and five people on the ground were reported injured, military officials said.
May 17, 2019 Excess & Surplus Lines Liability Subrogation California

NTSB: Autopilot Engaged At Time Of Fatal Florida Tesla Crash

A fatal March collision between a Tesla and a semi trailer that bore a strong resemblance to a crash in the same state three year earlier was more similar than initially thought.
May 16, 2019 Auto Liability Technology Florida

PG&E Lines Blamed For Deadliest Wildfire In California History

State fire investigators have formally determined that Pacific Gas & Electric Co transmission lines caused the deadliest and most destructive wildfire on record in California, a blaze that killed 85 people last year, officials said on Wednesday.
May 16, 2019 Excess & Surplus Lines Liability Litigation California

Why Liability And Reputational Risk Is Changing

Technology is making it easier for consumers and businesses to move money, but it can also create new liability risks, fraud experts warned Tuesday.
May 15, 2019 Liability Technology

Objects In Motion: Defending The Tractor-Trailer Versus Passenger Vehicle Rear-End Collision

Sir Isaac Newton knew a thing or two about what happens to an object in motion. One of his observations: "Change in velocity depends on the mass of the object." If only physics was included on a driver’s licensing exam.
May 15, 2019 Auto Education & Training Liability

Multiple Fatalities After Sightseeing Planes Collide Off Alaska’s Coast

Federal investigators are due in Alaska on Tuesday to try to find out why two sightseeing planes collided in mid-air over open water during daylight hours, killing at least four tourists.
May 14, 2019 Excess & Surplus Lines Liability Alaska

California Jury Hits Bayer With $2 Billion Award In Roundup Cancer Trial

A California jury on Monday awarded more than $2 billion to a couple who claimed Bayer AG’s glyphosate-based Roundup weed killer caused their cancer, in the largest U.S. jury verdict to date against the company in litigation over the chemical.
May 14, 2019 Liability Litigation California

Chemical Spill In Houston Ship Channel After Vessels Collide

Much of the Houston Ship Channel remained closed Saturday a day after two vessels collided, causing a large gasoline blend spill and setting off another round of environmentalists concerns for the Gulf Coast.
May 13, 2019 Excess & Surplus Lines Liability Marine Salvage Texas

A Way to Attack Healthcare Fraud

If insurers want to mitigate risk, rather than risk their time and money with litigation, if they want to guard against fraudulent claims, if they want to protect good doctors against wrongful claims, then they should invest in sound legal counsel.
May 13, 2019 Liability Life & Health Litigation Risk Management

Your Next Catastrophic Risk? Hint: It Has Nothing To Do With Climate Change

Amped-up settlements and jury awards are creating upward pressure on the global liability market, while new technology offers an opportunity for insurers to be more proactive.
May 9, 2019 Liability Litigation Risk Management

Boston Bound: What To Expect At CLM’s 2019 CMPL Conference

This July marks the start of a fully reinvented conference that focuses on cyber, management, and professional liability claims issues—something Andrew Fastow, a former Enron executive who served six years in prison after pleading guilty in 2004 to two counts of conspiracy to commit securities and wire fraud, knows something about.
May 7, 2019 Excess & Surplus Lines Liability Litigation Risk Management Technology
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