Affirmative AI Coverage Challenges Specialty Insurance Lines
Boutiques and major insurers alike have recently issued long-anticipated affirmative coverage for artificial intelligence risks, a divisive bet on the increased need for explicit protection and pricing of the technology's specific risks, even as existing policies offer many similar protections.
Virus Coverage Revival Loss Shows Import Of Judicial Finality
A North Carolina federal court's ruling that Golden Corral can't set aside a judgment against its bid for pandemic-related coverage despite recent policyholder success in the state Supreme Court highlighted the importance of judicial finality, while marking the difference between state and federal courts weighing insurance issues.
Panel Hearing Spotlights Long-Standing Disaster Claim Gripes
A U.S. Senate panel hearing into the claims handling process of major homeowner's insurers following natural disasters highlighted long-standing complaints from policyholders that obtaining relief can often be a long, arduous and costly process.
Affirmative AI Coverage Challenges Specialty Insurance Lines
Boutiques and major insurers alike have recently issued long-anticipated affirmative coverage for artificial intelligence risks, a divisive bet on the increased need for explicit protection and pricing of the technology's specific risks, even as existing policies offer many similar protections.
Virus Coverage Revival Loss Shows Import Of Judicial Finality
A North Carolina federal court's ruling that Golden Corral can't set aside a judgment against its bid for pandemic-related coverage despite recent policyholder success in the state Supreme Court highlighted the importance of judicial finality, while marking the difference between state and federal courts weighing insurance issues.
Panel Hearing Spotlights Long-Standing Disaster Claim Gripes
A U.S. Senate panel hearing into the claims handling process of major homeowner's insurers following natural disasters highlighted long-standing complaints from policyholders that obtaining relief can often be a long, arduous and costly process.
Expert Analysis
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Property More
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The Michigan Supreme Court agreed Thursday to weigh an appeal by the state's tax agency of a decision that said Nationwide entities could file their taxes as a unitary group to share tax credits among its members.
A medical device manufacturer accused a Zurich unit of breach of contract and bad faith in Massachusetts federal court, seeking at least $19 million in damages after it said storms caused an "unprecedented dis... (more story)
A Florida federal court sent a $461,000 property damage dispute back to state court Tuesday, finding that while a condo association's timing in serving one insurer prevented the carrier from removing the case ... (more story)
Washington appellate judges refused to revive a Vrbo host's suit against a Liberty Mutual unit and a company that arranged a policyholder's temporary housing while her home was being repaired, saying the compa... (more story)
A carbon black manufacturer asked a Texas federal court to find that it could tap into its combined $400 million in property coverage after the explosion of two high-speed fans at its facility, saying its loss... (more story)
The U.S. Supreme Court will not review a Ninth Circuit decision ordering insurers to litigate the Suquamish Tribe's COVID-19 coverage claims in tribal court in a case that addressed tribal jurisdiction over no... (more story)
The Florida Supreme Court on Thursday declined to wade into a dispute between a Miami condominium and its insurer over a claim for damage caused by Hurricane Irma, leaving in place an appellate ruling that the... (more story)
Erie Insurance is seeking to make the companies that demolished two smokestacks at a former Western Pennsylvania coal-fired power plant pay $375,000 for damage that flying dust, debris and shock waves did to a... (more story)
A North Carolina federal court blocked Golden Corral's last-ditch effort at COVID-19 insurance coverage, finding that although similar policyholders scored a recent win before the state's supreme court, that v... (more story)
General Liability More
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The Orange County District Attorney's Office has charged a California attorney and his stepdaughter with conspiring to defraud a police department she was employed at by filing fraudulent workers' compensation payments.
The Michigan Supreme Court has agreed to review a split lower court's finding that an auto insurer must provide personal injury protection, or PIP, benefits to a policyholder's son who was injured in an out-of... (more story)
Two metro Detroit furniture stores accuse an insurer of breach of contract after it refused to cover more than $10 million in collective damages caused by flooding from a ruptured city water supply line in a c... (more story)
Zurich American Insurance Co. doesn't owe coverage to two subcontractors accused of bungling work on a Georgia natural gas plant, a federal judge has ruled, granting the insurer a default win in its suit seeki... (more story)
An insurer asked a New York federal court on Wednesday to force a Taiwanese shipper to pay over $480,000 for crabmeat that the carrier alleged was spoiled en route from the Philippines to Norfolk, Virginia.
The South Carolina Supreme Court on Wednesday unanimously upheld a trial court's decision to appoint a receiver over a Canadian company's insurance assets as part of discovery sanctions in an asbestos injury l... (more story)
A Virginia insurer petitioned for a full Eleventh Circuit panel hearing to review a three-judge opinion holding that a jury should decide whether it was in bad faith to not settle a case of a woman who was kil... (more story)
Connecticut and other states Monday objected to Carrier Global Corp.'s proposed $540 million deal releasing it from "forever chemicals" litigation liability through its ownership of bankrupt firefighting foam ... (more story)
An insurer for a Kansas City, Missouri, sports nonprofit told a federal court it should owe no coverage for a lawsuit claiming a man was shot in the leg during a parade the group hosted after the Kansas City C... (more story)
Specialty Lines More
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The U.S. Supreme Court passed on insurer challenges to tribal jurisdiction in COVID-19 coverage cases, a Washington federal court approved Symetra's $32.5 million overcharging settlement, legal malpractice cla... (more story)
Customers of USAA have received final approval for their $3.2 million settlement agreement to resolve claims that cybersecurity shortcomings affecting the bank's online insurance quote system paved the way for... (more story)
A Washington federal court has given final approval for a $32.5 million settlement resolving claims between Symetra and life insurance policyholders who claimed the company used undisclosed factors to overcharge them.
The frequency at which major law firms faced malpractice claims held relatively steady in 2024, but payouts on claims continued to boom at a rate outpacing general inflation, according to this year's legal pro... (more story)
Allied World National Assurance Company on Monday ended its lawsuit seeking a declaration that it wasn't obligated to contribute to a $9 million settlement in a shareholder class action stemming from Covisint ... (more story)
A cyber insurer for Cicis Pizza told a Texas federal court that it's already paid the full amount of coverage the restaurant chain is owed for a May 2022 ransomware incident, arguing that only a $250,000 subli... (more story)
The California Department of Insurance approved State Farm's request for an emergency rate increase, the Delaware Supreme Court heard arguments concerning coverage for 3M's defense costs payments in multidistr... (more story)
A selective thawing in the market could provide an opening to go public for insurance companies that aren't as directly affected by tariffs as companies in other industries, as demonstrated by two initial publ... (more story)
The wealthy mining family of a mentally ill man who murdered and allegedly ate his victim's genitalia was denied insurance coverage for underlying litigation brought by the decedent's survivors when an Idaho f... (more story)