Zillow's Climate Score Removal Sparks Insurance Concerns
Zillow's recent decision to reduce the visibility of a climate-risk feature attached to its real estate listings highlights a need to provide consumers with more information on a key driver of insurance costs, given differences in climate-risk modeling practices.
'Public Policy' Exclusion Raises Red Flags For Insured Attys
The Pennsylvania Supreme Court heard oral arguments in a coverage dispute over claims that a Philadelphia hotel ignored sex trafficking, drawing the attention of policyholder attorneys who believe the hotel's insurers asked the court to step beyond the bounds of insurance contracts by applying an implicit "public policy" exclusion.
Feds' Cyber Pullback Offers Little Relief To Insurance Pros
The federal government's retreat from regulations and enforcement actions around data breach and cybersecurity disclosures offers little relief to insurance experts, who see the exposure to cyber threats, potential liabilities and enforcement actions as only growing.
Property More
Increasingly devastating storms and more wide-ranging hail damage in areas that traditionally have not faced such perils are squeezing homeowners' insurers and pushing homeowners to look for ways to strengthen... (more story)
A split Fifth Circuit reversed a Texas federal court's decision undoing a jury verdict that put a home insurer on the hook for a $1 million injury settlement between a man who became a quadriplegic after takin... (more story)
The Fifth Circuit on Monday overturned a lower court order compelling a southern Louisiana town to arbitrate a dispute over coverage for hurricane damage in light of a state law that expressly prohibits arbitr... (more story)
A power plant owner hit Factory Mutual Insurance Co. with a suit in New York federal court alleging the insurer wrongly withheld at least $14 million in coverage for lost revenue following an outage.
A North Carolina federal judge trimmed two of four claims in a COVID-related insurance coverage lawsuit filed by four restaurants against Cincinnati Insurance Co. after the insurer denied coverage for financia... (more story)
The Eleventh Circuit's recent worker classification decision in Galarza v. One Call Claims, reversing a finding that insurance adjusters were independent contractors, should remind companies to analyze the act... (more story)
The Eleventh Circuit said a State Farm unit doesn’t owe $1 million for a gas station shooting, a California federal court gave its final sign-off to a $4 million settlement between Allstate and home insurance ... (more story)
A California federal court gave final approval to a deal requiring Allstate to pay $4 million to end claims that it overcharged home insurance policy owners by inflating the square footage of their homes.
A Michigan federal judge on Wednesday dismissed a lawsuit from two cryptocurrency mining companies that alleged Travelers Insurance Co. and Northfield Insurance Co. exacerbated their building's fire loss throu... (more story)
A growing number of cases illustrate the potential for misuse of artificial intelligence tools by experts in litigation, resulting in reports with hallucinated information or unexplainable analysis, so to embr... (more story)
General Liability More
A general contractor can't recover $5.8 million from a subcontractor's Liberty Mutual insurer for an arbitration award over defective work on a naval base project, a Florida federal court ruled Monday, finding... (more story)
An insurance company is arguing it has no obligation to defend two Washington retail smoke shops facing a lawsuit by a father who claims they sold kratom products that killed his son, telling a federal court t... (more story)
The father of a mass shooter said his home insurer failed to serve him timely with a suit seeking to avoid coverage for an underlying action brought by the shooting victims and family members of decedents, tel... (more story)
A New York federal court handed Mt. Hawley Insurance Co. a complete win over a Bronx property owner's claim that the insurer had a duty to defend it from a suit brought by a security guard who tripped in a Cit... (more story)
A mortgage insurance company has agreed to pay $650,000 to close a worker's proposed class action filed in North Carolina federal court claiming its mismanagement of an employee retirement profit sharing plan ... (more story)
Allstate hit a Florida medical practice and its owner with a Racketeer Influenced and Corrupt Organizations Act complaint alleging the owner ran an insurance billing scheme for pain management care in violatio... (more story)
Companies hired to construct a grain drying, handling and storage facility on a Mississippi farm are responsible for more than $946,000 in damage caused by the system's collapse, the farm operator's insurer to... (more story)
A Massachusetts federal judge on Tuesday granted class certification to a group of auto drivers alleging that a Liberty Mutual subsidiary prematurely terminated car rental coverage, but denied the group's requ... (more story)
The U.S. homeowners insurance market is benefiting from a combination of moderating premium growth, reinsurance market stabilization and improved catastrophe risk management practices, global credit rating age... (more story)
The Delaware Chancery Court has signed off on the framework that will govern how scores of insurers press claims in the liquidation of Scottish Re (U.S.) Inc., issuing an opinion to spell out when courts must ... (more story)
Specialty Lines More
Two AIG units have no duty to defend or indemnify a Texas-based firearm retailer accused of contributing to gun violence by selling unfinished components used to assemble what are known as ghost guns, the Seco... (more story)
A Texas bankruptcy judge has found that a directors and officers liability insurer was wrong to refuse a reasonable $4.65 million settlement demand from the trustee overseeing the wind-down of former cryptocur... (more story)
A British insurance company wrongfully denied excess directors and officers coverage for underlying securities fraud litigation, AmTrust says in a suit filed in New York federal court Monday, saying the insure... (more story)
A New Jersey pharmaceutical company and Chubb have reached a settlement to end a lawsuit alleging the insurer owes nearly $6.5 million in outstanding legal fees stemming from a multibillion-dollar arbitration ... (more story)
A Connecticut-based medical device technology company told a federal court that its insurer wrongfully denied coverage for an investigation by the Securities and Exchange Commission, alleging in a new lawsuit ... (more story)
An insurance company accused by Marsh & McLennan Agency of poaching an employee has asked a Manhattan federal judge to dismiss Marsh's suit, saying the court had no jurisdiction because the claims had not been... (more story)
An electrical subcontractor asked a Virginia federal court to help it collect nearly $750,000 from Berkshire Hathaway Specialty Insurance Co. under a payment bond for work at a Navy facility in Chesapeake.
A Berkshire Hathaway unit must cover Liberty Insurance Underwriters Inc.'s portion of a $21.3 million jury award in a personal injury case, Liberty said in a new federal complaint, arguing the unit unreasonabl... (more story)
A Jewish nonprofit organization isn't entitled to coverage for a fraudulent $7.5 million wire transfer, a Maryland federal court ruled, finding that its policy's extended reporting period was not active when i... (more story)
A Missouri bankruptcy judge Wednesday agreed to approve a $16.5 million settlement between genetic testing company 23andMe and its insurers, in which the carriers proposed to buy back the unused portion of the... (more story)