QBE North America Introduces Media Liability Endorsement
QBE North America announced a new media liability endorsement for media organizations facing legal actions brought under consumer protection laws. This endorsement provides affirmative coverage should these laws be leveraged to challenge the protection of free speech under the First Amendment.
“Our clients are in the business of telling stories, and our role is to provide them with the confidence to create and distribute their content across various mediums,” said Chris Cooper, senior vice president, media liability, QBE North America.
The insurer says consumer protection and unfair business practices laws are being applied to challenge media organizations from engaging in free speech. The expanded coverage helps media companies mitigate financial risks such as legal defense costs and potential losses.
Travelers Offers Product Liability for Life Sciences Companies
The Travelers Cos. has introduced Travelers Synergy, a customizable product liability coverage tailored to life sciences companies. The offering is intended to help medical technology, pharmaceutical, biopharmaceutical and digital health companies with the costs of product-related claims.
“Life sciences companies are dedicated to improving health care through innovation, and having liability coverage that addresses their individual needs can give them the confidence to create new solutions and bring them to market,” said Jennifer Ampulski, life sciences practice lead at Travelers.
Travelers Synergy provides insurance options that protect against issues arising from a product at any point in its development life cycle – from research to distribution.
In addition to coverage for losses due to product- or work-related bodily injury or property damage, Travelers Synergy offers add-on coverages, including errors and omissions liability coverage; product recall expenses coverage; and clinical trial medical expenses coverage.
Travelers Synergy will be available in most states for policies effective on or after April 1.
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