general liability News
U.S. General Liability Insurance Assigned A.M. Best Negative Outlook
The U.S. commercial general liability insurance segment gets a negative outlook from A.M. Best, due to concern about social inflation, third-party litigation financing and other factors leading to ...
Lloyd’s Lab Initiative Spurs New Praedicat Peril Casualty Insurance Product
Praedicat Inc., a Los Angeles-based liability risk analytics software company, said it is developing a new insurance product to help global industrial companies secure coverage for innovative and ...
General Liability Erupts as New Casualty Insurance Problem, Plus 9 Other Marsh Market Predictions
Automobile liability has been the problem child for casualty insurers for years, but general liability is becoming the next trouble spot, Marsh asserts in a new report looking at the top 10 U.S. ...
General Liability Underwriters Poised to Fill Drone Coverage Gap
With traditional aviation insurance policies unlikely to address all emerging risks from the rapid jump in drone use, general liability underwriters are poised to fill the gap, according to a new ...
Latency Catastrophe and the Occurrence Form
Over the last 30 years, natural catastrophe modeling has transformed property insurance. When Hurricane Andrew devastated Florida in August 1992, seven domestic insurance companies and one foreign ...
Q3 Commercial Lines Rates a Mixed Bag: MarketScout and IVANS
The MarketScout and IVANS commercial insurance market indexes are revealing a mixed bag in terms of rates for the 2017 third quarter. First, the MarketScout composite rate index for commercial ...
Allied World Rolls Out Enhanced Coverage for Healthcare Organizations
Allied World Global Markets, part of Allied World Assurance Co. Holdings, will now be offering enhanced coverage options for hospitals and other healthcare organizations in the U.K., Asia and ...