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Bat makers also must carry $10 million in liability insurance, twice as much as before.
A reduction in liability must proceed in combination with greater corporate regulation, not less.
The Democrats said they would try again to enact the change in liability law.
MF Global's two policies cover up to $375 million in liability.
The second problem was the explosion in liability suits against toolmakers.
Also, Louisiana has a $500,000 limit on malpractice awards, but none in liability lawsuits.
Should RelayRides have more than $1 million in liability insurance for people who lend out their cars through its service?
His firm, Cox, Hodgman & Giarmarco, represents many Michigan cities in liability cases, including cities with Democratic administrations.
"The $70 million to $100 million in liability that somebody had to take on, that was the risk".
Another insurer, National Catholic Risk Retention Group in Lisle, Ill., has also seen a rise in liability claims.
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For-profit corporations are bundles of assets with built-in liability protection ("limited liability") for owners.
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