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Latest News in Insurance
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August 11, 2026
Merchant capital advance provider Yellowstone Capital LLC has lost its bid for coverage of costs incurred in a $1 billion settlement with the New York attorney general over claims that it gouged small businesses, as a New Jersey federal judge found Yellowstone's insurance policy excludes coverage for claims of unfair business practices.
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August 11, 2026
A subsidiary of Berkshire Hathaway Inc. urged the Colorado Court of Appeals on Tuesday to reverse a nearly $170 million jury award for a Colorado worker who sustained a "catastrophic" brain injury on the job, arguing that the trial court failed to properly instruct the jury on physical impairment damages.
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August 11, 2026
A Florida state jury awarded $3.2 million to a vehicle passenger for serious injuries he sustained following a collision in 2023, requiring Geico to pay damages after finding the man was entitled to more than the minimum compensation offered under an uninsured motorist policy.
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August 11, 2026
A Connecticut federal judge should not have certified a policyholder class that secured a $147.5 million cost-of-insurance settlement with Lincoln National and a Cigna unit, the Second Circuit held on Tuesday, in a victory for objectors who are pursuing parallel cases in other states.
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August 11, 2026
An insurer does not have to defend a fashion company in its latest bout in a long-running trademark infringement dispute with Adidas, a California federal judge has ruled, saying the claims fell under a prior publication exclusion because they included allegations the company published infringing advertisement before the policy period.
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