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Latest News in Insurance
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September 29, 2026
A towing company told a Colorado state court that a construction equipment company's insurers must cover a $65 million excess verdict entered against it in a wrongful death action over a crash in which an excavator it was towing struck a highway overpass and sent concrete through a woman's windshield.
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September 29, 2026
In this month's review of class action appeals, Mitchell Engel at Shook Hardy discusses six recent rulings involving pecuniary loss in false price comparison advertising, privity in an insurance fee class, antitrust standing, immigration class representatives, retirement beneficiary class commonality, and Rule 23(f) appeals in Fair Labor Standards Act claims.
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September 29, 2026
A Georgia federal judge chided counsel for a former golf clubhouse owner in an insurance coverage dispute over burst pipes for what the court called errors "typical" of AI hallucinations.
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September 29, 2026
The U.S. Tax Court on Tuesday approved IRS penalties imposed on policyholders of a California company's captive insurance policy that the agency determined to be lacking economic substance, finding they failed to report the transactions in their tax returns for 2015.
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September 29, 2026
A Michigan federal judge on Tuesday dismissed a proposed class action accusing Detroit of unconstitutionally withholding residents' fire insurance proceeds, finding that a property owner had no protected interest in a potential $24,000 insurance payout because the policy was subject to Michigan's decades-old Fire Insurance Withholding Program.
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