Businesses, Transportation, Homes - Another Mix of U.S. Casualty Trends
Ausgabe: November 2015 | P/C General Industry | PDF herunterladen | English Von Matt Burns, P/C Treaty Commercial Umbrella Line of Business Underwriter, Stamford Mindy Pollack, P/C Treaty Product Specialist, Stamford Bob Button
Negligent hiring, privacy, social host, construction defects, landlord duties, dogs - all of these topics get coverage in this edition of Casualty Matters. In addition to new laws and rulings, we spotlight recent verdicts against risks in the trucking, hospitality and habitational classes.
Would you expect that:
- A housemate of a dog owner could also be sued for injuries the dog caused? What are the insurance implications?
- A truck accident injuring one person could result in a $34 million jury award?
- A property owner could be liable for injuries caused by children playing with debris in the yard?
On two issues where coverage rulings are anything but predictable - construction defects and sexual abuse - courts in Iowa and Missouri handed down two victories to policyholders just as we were wrapping up this publication.
We think that positive developments are just as important as unwelcome surprises. Decisions involving background checks and social host, for example, confirm underwriter expectations. Both the good and the bad help inform underwriting decisions.
After pulling the material together, we noticed common threads linking topics across personal and commercial lines. One connection was location of risk, and in particular, college areas and other concentrations of students. Another was screening in hiring and leasing, both of which can raise discrimination concerns.
As usual, we hope you find something of interest in this edition. If you have kids at or going off to college, you might find that discussion of value by itself.