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US General Liability Committee – 29 January 2025

The panel reviewed ongoing priorities, including RITC operational challenges. Discussions on social inflation highlighted preparations for the March session on avoiding nuclear verdicts and engagement with US claims and regulatory bodies. Key 2025 priorities include emerging plastics litigation, with 67 cases tracked and systemic risk potential noted. Updates were shared on Lloyd’s presence at RIMS and the LMA’s AI loss scenarios project, with members suggesting additional exposures including chatbot-related incidents and advertising liability. The panel also discussed the absence of a dedicated US GL Claims Committee and called for volunteers. Updates from the International Liability Panel and Non-Marine Committee covered greenwashing, LTA clause development and the impact of LA wildfires. Members were reminded to complete the LMA Committee Effectiveness Review and submit risk code proposals.