New SC Law Gives Shot Of Hope For Liquor Liability Stability
A new law overhauling South Carolina's joint and several liability statutes, which left bars and restaurants potentially on the hook for the full amount of a verdict in alcohol-related lawsuits, has experts cautiously optimistic that the change will make insurance more affordable for these venues.
4th Circ. Towers Watson Ruling Not Final Word On Bump-Ups
Towers Watson's defeat at the Fourth Circuit in its bid for coverage of settlements resolving merger-related shareholder litigation is one of the higher-profile developments in court battles over so-called bump-up exclusions, even as experts expect the scope of the decision to be limited and diluted by other court rulings.
Fed Survey Highlights Disaster Risks To Uninsured Across US
A recent survey from the Federal Reserve Board showing that 7% of U.S. homeowners are going without property insurance underscores a key part of a national housing affordability crisis that is leaving more households with little protection from disasters.
New SC Law Gives Shot Of Hope For Liquor Liability Stability
A new law overhauling South Carolina's joint and several liability statutes, which left bars and restaurants potentially on the hook for the full amount of a verdict in alcohol-related lawsuits, has experts cautiously optimistic that the change will make insurance more affordable for these venues.
4th Circ. Towers Watson Ruling Not Final Word On Bump-Ups
Towers Watson's defeat at the Fourth Circuit in its bid for coverage of settlements resolving merger-related shareholder litigation is one of the higher-profile developments in court battles over so-called bump-up exclusions, even as experts expect the scope of the decision to be limited and diluted by other court rulings.
Fed Survey Highlights Disaster Risks To Uninsured Across US
A recent survey from the Federal Reserve Board showing that 7% of U.S. homeowners are going without property insurance underscores a key part of a national housing affordability crisis that is leaving more households with little protection from disasters.
Expert Analysis
The recent revelation that a handful of questions from the controversial California bar exam administered in Febru... (more story)
The U.S. District Court for the Eastern District of Virginia was again one of the fastest civil trial courts in th... (more story)
Companies that receive federal funds or have the remnants of a diversity, equity and inclusion program should revi... (more story)
Property More
The University of Washington cannot get coverage from a Liberty Mutual unit for COVID-19-related losses under its all-risk property policy requiring "direct physical loss or damage" to insured property for cov... (more story)
Samsung and Home Depot owe an insurer more than $330,000 for payments made to a policyholder for fire damage, the insurer said in a suit removed to Pennsylvania federal court, alleging that an electric range m... (more story)
An auto-population feature of tech-forward insurer Lemonade's online quote platform negligently disclosed about 190,000 drivers' license numbers to cybercriminals over 17 months, and the website still hasn't b... (more story)
A Missouri property developer can't recover from Travelers $1.4 million for lost rental income and soft costs after a retaining wall failure caused delays at an apartment construction project, the Eighth Circuit ruled Monday.
The Third Circuit on Monday rejected a consolidated appeal from Ralph Lauren Corp. and luggage retailers Tumi Inc. and Samsonite LLC over property insurance coverage for COVID-19-related losses, finding a New ... (more story)
Hinshaw & Culbertson has added a partner from Baker Donelson Bearman Caldwell & Berkowitz to its global insurance services practice in New Orleans, where she will represent insurance companies and other entiti... (more story)
A dispute among insurers over when a Texas shopping center was damaged in a hailstorm has left the center short of full coverage for a $7.3 million loss, and the owner wants a federal court to ensure that the ... (more story)
A 7-year-old federal lawsuit between a Colorado condominium complex and its insurer alleging nearly $25 million in unpaid claims has ended in a private settlement.
California homeowners accused AAA and USAA of systematically undervaluing the replacement cost of their homes all while advertising adequate coverage and financial security, telling a state court that many can... (more story)
A novel suit accusing oil and gas companies of contributing to a woman's 2022 heat wave death could lead to future insurance disputes, but experts said common exclusions and other policy terms could leave the ... (more story)
General Liability More
An information security technology company urged the First Circuit on Tuesday to affirm that it isn't liable for a 2018 data breach that exposed confidential information of more than 277,000 of the medical dev... (more story)
An insurer that separately insured a farm and a man accused by the farm of trespassing on its property and cutting down "valuable trees" told a Missouri federal court it should owe no coverage to the man, poin... (more story)
An insurer for a North Carolina city improperly denied coverage for an underlying suit brought by a Black man who was wrongfully imprisoned for 44 years and is now on the hook for a $9.3 million settlement pay... (more story)
A Zurich Insurance Group unit cannot use exclusions to avoid covering more than $2 million in losses a contractor incurred after losing steel casings while constructing a bridge foundation near a Northern Cali... (more story)
A chiropractor's insurer must pay a $1.1 million award entered against him and the clinic where he works in a suit over injuries that a woman sustained during treatment, the clinic's insurer told a New York fe... (more story)
A Delaware bankruptcy judge Wednesday questioned why firefighting foam maker Kidde-Fenwal did not include in plan disclosures details about the recoveries its creditors can expect under its Chapter 11 proposal... (more story)
Union Pacific Railroad Co. is on the hook for over $447,000 after it delivered a shipment of Nissan vehicles in a "severely damaged and depreciated condition," the insurer for the cargo owner told a Nebraska f... (more story)
Allstate Fire And Casualty Insurance Co. urged the Georgia Court of Appeals to overturn a trial court's decision to sanction it by tossing its lawsuit over a liability policy issued to the owner of a car invol... (more story)
A lumber company and its insurance broker told a Nebraska federal court that the company's property insurance policy should be reformed to include $500,000 in business interruption coverage following a fire lo... (more story)
An Ohio federal court erred by remanding declaratory claims over insurance coverage for underlying PFAS litigation to state court, the Sixth Circuit ruled, forging its own jurisdictional standard for what are ... (more story)
Specialty Lines More
Wells Fargo Bank NA cannot collect on a $4 million life insurance policy, a Nebraska federal court ruled, finding the policy void from the start since it was taken out on the life of a now-deceased man with th... (more story)
Selective Insurance Company of South Carolina doesn't have to increase its payout to a couple involved in a car wreck, the Fourth Circuit has ruled, finding that North Carolina law doesn't provide that the cou... (more story)
While the use of artificial intelligence platforms such as OpenAI's ChatGPT and Google's Gemini has certainly proliferated among the public, how the insurance industry will address AI-related risks across exis... (more story)
A software company is blaming its insurers in Washington federal court for hampering its settlement talks with a client by reneging on its coverage agreements, causing the company to now potentially face a cus... (more story)
Norton Rose Fulbright announced the growth of its Chicago office Thursday with the addition of a "highly regarded corporate lawyer," who will serve as a partner in the firm's business practice group and as a m... (more story)
The Sixth Circuit said a coverage dispute over PFAS litigation shouldn't have been sent back to state court, the Tenth Circuit found that an insurer did not unreasonably deny a hail damage claim and a Florida ... (more story)
A key committee will decide Thursday whether to send President Donald Trump’s pick to lead the U.S. Department of Labor’s employee benefits arm ahead for a full Senate vote, setting the stage for what attorney... (more story)
An insurance company's suit alleging that an insurance agent's errors cost the company its reinsurance through the Federal Crop Insurance Corp. should be tossed, the agent told a Michigan federal court, arguin... (more story)
A North Carolina federal judge granted a preliminary injunction ordering an adjuster to proceed with adjusting claims for insurers, including one related to a 2021 fatal Florida boat accident that resulted in ... (more story)
A Connecticut state court trimmed McCarter & English LLP's defenses in a $22.3 million suit over its role crafting loans for recreational improvements in a Long Island, New York, town, saying the firm cannot p... (more story)