US liability insurance on verge of ‘breakdown’ from tide of claims
Insurers say companies could struggle to obtain cover for harms to workers and consumers
Insurers say companies could struggle to obtain cover for harms to workers and consumers

Rising holdings of the asset class could lead to problems when the next downturn comes

Weak creditor protection in deals gives advantage to those with the resources to examine documentation

Excessive competition between employees can go awry

Plus the social media lawsuits

Growth raises concerns about underwriting and risk management at fast-expanding groups

Bankers and lawyers cautiously optimistic that investor confidence is returning