Fourth Industrial Revolution Demands New Approach To Risk And Resilience

Boards need to reappraise their approaches to risk management to take full advantage of the opportunities presented by the so-called Fourth Industrial Revolution, according to a new report for Airmic prepared by the CASS Business School.
June 12, 2018 Liability Risk Management Technology

Drunk Garbage Truck Driver Plows Into 9 Cars In Brooklyn

A drunk garbage truck driver in Brooklyn, New York, left an unbelievable trail of destruction in his wake Saturday morning, according to police.
June 11, 2018 Auto Excess & Surplus Lines Liability Subrogation New York

Cal Fire: PG&E Equipment Caused 12 Northern California Fires In October

Cal Fire investigators said Friday that equipment owned and operated by PG&E ignited 12 wildfires that raged in hot, dry weather and high winds across Northern California in October, charring hundreds of square miles in Sonoma County and beyond, destroying thousands of structures and killing 18 people.
June 11, 2018 Excess & Surplus Lines Liability California

Trucker Was Watching Football Game When He Struck Motorcyclist

A Pennsylvania trucker who struck and killed a motorcyclist while the truck driver allegedly watched a football game on his cellphone was charged with homicide by vehicle, police said.
June 8, 2018 Excess & Surplus Lines Liability Pennsylvania

Maximum Coverage Amount Offered As New Jersey Liability Settlement; Litigation Resulted In Award Eighty Times Larger

Law firm Stark & Stark announced that it has obtained a verdict of $1.2 million in compensatory damages for Kelley Mahan, a passenger in a Toms River car accident. Prior to trial, the insurance company had offered only $15,000 to settle the case; however, the jury determined that Ms. Mahan would receive 80 times that sum as compensation for her injuries.
June 8, 2018 Legislation & Regulation Liability Litigation New Jersey

$1.5M Yacht A Total Loss After Catching Fire At Florida Marina

It was a bad day for one boat owner in SWFL, after stunning video captured his $1.5 million yacht burning up in flames.
June 7, 2018 Liability Marine Subrogation Florida

Report Finds More People Driving Under The Influence Of Drugs

More people are driving under the influence of drugs, according to a recent report from the Governors Highway Safety Association.
June 6, 2018 Auto Liability

California’s Cannabis Insurance Marketplace Continues To Grow With Commissioner’s Latest Approval

Insurance Commissioner Dave Jones announced today he has approved the first Cannabis Business Owners Policy (CannaBOP) in the State of California. The American Association of Insurance Services (AAIS) designed the new CannaBOP program for cannabis dispensaries, storage facilities, processors, manufacturers, distributors, and other cannabis-related businesses operating in the state.
June 5, 2018 Excess & Surplus Lines Liability Property California

How Home Insurers Could Be On The Hook For Cyber Bullying

Cyber bullying, which can result in liability claims under home insurance policies, will soon be grounds for lawsuits in Nova Scotia.
June 5, 2018 Legislation & Regulation Liability Property

Start Sweating the Small Stuff: Keodalah v. Allstate Exposes Individual Claims Representatives To Liability

On March 26, 2018, the Washington State Court of Appeals held in a published and binding decision that an individual insurance claims professional may be liable for bad faith and Consumer Protection Act violations.
June 5, 2018 Liability Litigation Washington

Recall On Birth Control Pills Causing ’Unintended Pregnancy’ Risk

Imagine finding out that one of the sample packs of birth control pills that your doctor gave you could actually result in pregnancy.
Pharmaceutical company Allergan announced a nationwide voluntary recall of Taytulla soft gel oral contraceptive capsules—1mg/20mcg sample packs—on May 29 after learning that four "non-hormonal" placebo capsules (aka, sugar pills) had inadvertently been placed out of order.
June 1, 2018 Liability Life & Health

Fatigue, Sleepiness Major Safety Risks In Ridesharing Industry

Fatigue and sleepiness are inherent safety risks for ridesharing drivers and their passengers, the American Academy of Sleep Medicine declares in a recent position statement.
June 1, 2018 Auto Liability

The Blame Game: Understanding Exculpatory Agreements And Liability Waivers

Society has gone from risk-averse to risk-intolerant. It is hard to participate in any activity without being asked to read and sign some sort of release, exculpatory agreement, or liability waiver in advance.
June 1, 2018 Education & Training Liability Subrogation

Weinstein’s Clash With Insurance Companies Rages On

Already at the mercy of mounting legal bills, embattled former film producer Harvey Weinstein also has to contend with his insurers – which have not only denied him coverage for legal costs, but have also launched lawsuits of their own against him.
May 31, 2018 Excess & Surplus Lines Liability Litigation California

Crane Collapses Upon Two Lauderhill, Florida Homes

A massive task was at hand Wednesday night as crews worked to dismantle a crane that somehow toppled over and fell on two homes in Lauderhill causing minor injuries to two people.
May 31, 2018 Excess & Surplus Lines Liability Property Subrogation Florida
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