
By Chris Munro
March 12 - (The Insurer) - QBE North America has brought a new media liability endorsement to market which provides media organisations with coverage when they are faced with legal actions brought under consumer protection laws.
The endorsement is being offered to media companies that want additional protection against legal actions tied to consumer protection statutes.
Those laws are designed to safeguard consumers from false, deceptive or unfair business practices.
QBE North America said those consumer protection statutes are now being applied to challenge media organisations from engaging in free speech.
The carrier’s new endorsement helps media companies mitigate financial risks that may arise from such challenges with coverage for legal defence costs and any potential losses.
“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 at QBE North America.
“This endorsement reinforces our commitment to providing creative insurance solutions that support media organizations as they navigate an increasingly complex legal environment,” added Cooper.