The Top Ten Global Causes for Liability Action
A new study by Allianz Global Corporate & Specialty suggests that the environment for risk is in a constant transition with the emergence of new potential liabilities. As technology continues to evolve, new scenarios which can produce tremendous liability begin to surface. Their report examined liability insurance claims in over 100 countries in many industry sectors. In the last five-year span, insurers doled out an estimated $9.3 billion for such claims, over 80% were attributed to ten areas of concern.
Read
More