Liability carriers have potentially sidestepped a possible heavy claim following Southern California Edison’s (SCE) decision in 2023 to self-insure rather than buy commercial coverage.

Specialty (re)insurer Mosaic has appointed David Barr to lead its international environmental liability division, with Karen Reilly heading up the US business.

Specialty MGA ARTes Specialty has partnered with Australia-based broker Mobius Insurance to launch a combined material damage and associated liability product for the Australian commercial logging and forestry market.

Munich Re's Ina Ebert on the effects of the revised EU Product Liability Directive, its new features most relevant for insurers and its consequences for them.

Aventum Group-owned specialty MGA Rokstone has introduced two extensions to its specialist family trustee liability product to address gaps that currently expose trust assets to financial loss.

(Re)insurers must develop stronger exposure management techniques to better quantify the impact of liability losses, according to Verisk’s Eric Gesick, particularly in light of emerging exposures around PFAS and climate change reporting reporting.

CFC has strengthened its transactional liability offering with the introduction of a new excess insurance solution specifically designed for secondary transactions.

Ryan Transactional Risk, part of Ryan Specialty Underwriting Managers, has unveiled a raft of changes to its senior leadership team, including the appointments of current managing directors George Pearce and Rich Stansfield as global co-CEOs.

Pharma class actions, mounting PFAS litigation and the growth of collective redress outside the US are creating a challenging market for liability insurers, which are already grappling with “spiralling” claims costs as nuclear verdicts increase in number and size, according to Allianz Commercial.

CFC has appointed Janine Fenwick as its transaction liability practice leader for Asia Pacific.