Calif. Veto A Setback For Loss Estimate Transparency
Consumer groups say the California governor's veto of an insurance transparency bill hurts fire survivors who take issue with insurers' loss estimates.
Foley Atty On The State Of Cannabis Insurance
Michael Kasdin of Foley & Lardner LLP spoke to Law360 Insurance Authority about the insurance options available to cannabis businesses, federal rescheduling, and how insurance availability promotes a competitive market.
Insurance Litigation Week In Review
An Iowa federal judge approved a deal worth $73 million to resolve a suit over life insurance policy rate hikes, a West Virginia federal jury said Chubb owes a coal mining company $30 million for claim delays,... (more story)
Ga. Judge Flags Suspected AI Misuse In Pipe Coverage Row
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.
Detroit Beats Takings Claims Over Fire Insurance Withholding
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 inter... (more story)
Insurer Gets Hotel Co.'s $12.5M Storm Loss Suit Trimmed
A North Carolina federal court on Monday tossed a hotel group's claim that a Liberty Mutual unit committed unfair and deceptive trade practices in violation of state law after it denied the group's $12.5 milli... (more story)
W.Va. Jury Says Chubb Owes $30M For Coal Co. Claim Delay
A pair of Chubb insurers must pay a coal mining company $30 million in damages over their handling of the company's claim after a hopper collapsed at one of its silos, a West Virginia federal jury found.
Verdict Axed Over Injured Homeowner's Absence At Trial
A Florida appellate panel on Friday said a homeowner is owed a new jury trial in an insurance dispute over coverage for losses from a plumbing incident, finding a lower court should have declared a mistrial wh... (more story)
Insurer Owes Fla. Condo $1.4M For Irma Damage, Interest
A Florida federal judge said an insurer must pay about $1.4 million to a condominium association to fulfill an appraisal award for property damage from Hurricane Irma, finding the insurer must also pay prejudg... (more story)
Wash. Winemaker's Spoilage Coverage Claim Capped At $40K
A Washington winemaker cannot recover more than $40,000 in coverage for its loss of nearly 18,000 bottles of wine due to a faulty air conditioner, a federal court ruled, saying the winemaker's commercial prope... (more story)