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Global Broker Enters Cannabis Insurance Market

Global insurance brokerage Hub International is joining the cannabis craze with the launch of a new comprehensive cannabis insurance and risk services offering.
August 15, 2018 Excess & Surplus Lines Liability

The Institutes RiskBlock™ Alliance Adds 12 New Risk Management & Insurance Corporate Members

The Institutes RiskBlock™ Alliance announced today that 12 additional companies have joined the risk management and insurance industry’s first enterprise-level blockchain consortium, bringing the total number of member companies to 30.
August 15, 2018 Auto Liability Property Risk Management Subrogation

Economic Growth Helps Insurers, Reinsurers In 2018

Rate increases began to bolster the bottom line for reinsurers during the first half of 2018, and insurers saw added income from higher interest rates and a growing U.S. economy, say analysts surveying the sector’s second-quarter results.
August 14, 2018 Catastrophe Liability Property Risk Management Workers' Compensation

Sinkhole Traps Six Cars In Pennsylvania Shopping Center

A sinkhole that opened up at a Tanger Outlets parking lot in Lancaster County on Friday, has left some of its shoppers in a tough spot. A few of those whose cars were swallowed in, are now looking at pricey repairs.
August 13, 2018 Auto Excess & Surplus Lines Liability Subrogation Pennsylvania

Verdict For Plaintiff In First Roundup Cancer Trial: $289 Million

A California jury on Friday found Monsanto liable in a lawsuit filed by a man who alleged the company’s glyphosate-based weed-killers, including Roundup, caused his cancer and ordered the company to pay $289 million in damages.
August 13, 2018 Liability Litigation California

Italian Police Bust Bone-Breaking Insurance Fraud Gangs

Eleven people from the Sicilian capital Palermo have been arrested, police said. They include a hospital nurse who would procure painkillers for the victims in order to lessen their screams as their bones were broken.
August 10, 2018 Auto Fraud Liability Weird

Chain-Reaction DUI Crash Causes Six-Car Pileup On California Highway

A six-car crash involving a big rig early Monday morning brought southbound traffic on Highway 99 to a total stop and resulted in one DUI arrest, the California Highway Patrol reported.
August 9, 2018 Auto Liability California

$2M Settlement To Victim’s Family In Wrongful Death Suit Involving Police

A U.S. federal district judge has given final approval on the $2 million settlement of a federal lawsuit brought by the estate of Autumn Steele, who was fatally shot by a Burlington police officer in 2015.
August 9, 2018 Excess & Surplus Lines Liability Litigation Iowa

Eleven Americans File Lawsuits Against Aeromexico Over Plane Crash

Eleven U.S. passengers who survived an Aeromexico crash in the northern Mexican state of Durango on July 31 filed lawsuits against the airline in Chicago on Monday, according to a statement by Chicago-based attorneys Corboy & Demetrio.
August 8, 2018 Excess & Surplus Lines Liability Litigation Illinois

First Trial Alleging Monsanto’s Roundup Causes Cancer Goes To Jury

A trial in which a school groundskeeper alleged that his use of Monsanto’s Roundup weed killer caused his terminal cancer will go to a California jury after lawyers for both sides delivered their closing arguments on Tuesday.
August 8, 2018 Liability Litigation California

An Epic Decision: U.S. Supreme Court Rules Class-Action Waivers In Employment Agreements Are Enforceable

Thousands of businesses across the nation breathed a sigh of relief on May 21, 2018, as the U.S. Supreme Court, in a 5-4 decision, ruled that employment contracts containing class-action waivers are enforceable under the Federal Arbitration Act (FAA).
August 7, 2018 Liability Litigation Risk Management

World Trade Center Developer Loses Final 9/11 Lawsuit Against Insurer

A federal judge on Thursday rejected a lawsuit by the developer of New York’s World Trade Center seeking to take a $14 million cut of a settlement between its insurer and airlines over the Sept. 11, 2001, attacks.
August 6, 2018 Excess & Surplus Lines Liability Litigation Property New York

Insurtech Launches Usage-Based Drone Coverage

Insurtech company REIN has launched DroneInsurance.com, with underwriting by Liberty Specialty Markets, providing usage-based insurance for commercial drone operators and simplifying the process of obtaining both base and liability coverage.
August 2, 2018 Excess & Surplus Lines Liability Technology Alabama Alaska Arizona Arkansas California

Allstate Loses Subrogation Suit Against Amazon Over Product Liability

A federal judge in New Jersey has ruled that Amazon.com can’t be held liable as the seller of a laptop battery that allegedly caught fire and destroyed the customer’s home.
August 1, 2018 Liability Litigation Subrogation New Jersey

Families Of Missouri ’Duck Boat’ Sinking Victims Sue Tour Company

The families of four of the 17 people killed when a World War Two-style tourist "duck boat" sank on a Missouri lake during a storm this month have sued the tour operator, saying it recklessly allowed the vessel out in dangerous weather.
July 31, 2018 Liability Litigation Missouri
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