Public Fire Model Could Boost Calif. Insurance Oversight
Developing a public wildfire model in California could help provide a transparent benchmark for insurance regulators to better understand fire risk and evaluate rates, but experts warn that challenges remain as the federal government eyes cuts to key climate monitors.
Foster Care Insurance Costs Surge Amid Abuse Claims
Foster care agencies have faced increased costs of general liability insurance and with insurers hesitant to write policies for these entities in certain states, experts point to the need for legislative reform and regulation all while trying to prevent further trauma for children.
4th Circ. To Mull Towers Watson's Bump-Up Exclusion Appeal
The Fourth Circuit will have another chance to interpret the language of so-called bump-up exclusions when it hears oral arguments next week in Towers Watson's long-running dispute to secure $54 million in directors and officers coverage for settlements resolving shareholder litigation. Here, Law360 breaks down the case in advance of the May 6 hearing.
Public Fire Model Could Boost Calif. Insurance Oversight
Developing a public wildfire model in California could help provide a transparent benchmark for insurance regulators to better understand fire risk and evaluate rates, but experts warn that challenges remain as the federal government eyes cuts to key climate monitors.
Foster Care Insurance Costs Surge Amid Abuse Claims
Foster care agencies have faced increased costs of general liability insurance and with insurers hesitant to write policies for these entities in certain states, experts point to the need for legislative reform and regulation all while trying to prevent further trauma for children.
4th Circ. To Mull Towers Watson's Bump-Up Exclusion Appeal
The Fourth Circuit will have another chance to interpret the language of so-called bump-up exclusions when it hears oral arguments next week in Towers Watson's long-running dispute to secure $54 million in directors and officers coverage for settlements resolving shareholder litigation. Here, Law360 breaks down the case in advance of the May 6 hearing.
Expert Analysis
As law firms are increasingly targeted in cyberattacks, claims by clients as well as nonclients against lawyers ar... (more story)
As increasing global insolvency this year may lead to an increase in directors and officers insurance claims, busi... (more story)
As the U.S. Environmental Protection Agency implements dramatic regulatory changes, companies seeking to use media... (more story)
Property More
Louisiana's Republican governor has crossed party lines by backing a proposal to empower the state's insurance commissioner to regulate rates, and while the move comes as part of a bid to stop spiraling proper... (more story)
A panel of insurance experts stressed in front of a U.S. Senate committee Thursday the importance of mitigation efforts, such as strengthening building codes and hardening homes, as the experts discussed how p... (more story)
Two PulteGroup subsidiaries said Thursday they'll dismiss their property damage coverage claims with prejudice against an insurer over structural issues at a residential development, marking the eighth dismiss... (more story)
The Fourth Circuit upheld Kaiser Gypsum Co. Inc.’s Chapter 11 bankruptcy plan, insurers for the Suquamish Tribe further urged the U.S. Supreme Court to review their tribal jurisdiction dispute and the Third Ci... (more story)
A bank accused a Berkshire unit and its insurance agent of underpaying coverage for property damage from "vandalism and/or theft," saying that while it's received roughly $105,000 in coverage to date, the insu... (more story)
The rapidly growing firm of Pierson Ferdinand LLP announced Thursday that it tapped a new partner who was previously with Carlton Fields to launch an international insurance regulatory team practice along with... (more story)
A Florida-based nonprofit organization that owns a high school in Guam accused its property insurer of underpaying its more than $5.1 million typhoon damage claim in bad faith, telling a Guam federal court Wed... (more story)
A settlement has been reached in a Georgia law firm's proposed class action against Allstate Insurance Co. over allegations that it failed to pay title transfer fees and license registration fees to insured pe... (more story)
Aspen Specialty Insurance Co. and a Nashville condominium association have agreed to end their dispute over coverage for nearly $11 million in damages caused by the 2020 Christmas Day bombing in the city, endi... (more story)
An insurance agency that provides specialized policies for car rental companies asked a Pennsylvania federal court to halt an insurer's plan to abruptly cancel a program through which the agency writes the pol... (more story)
General Liability More
A trucker who was hit in his sleeper cab and then ran after the semi-truck that he believed caused the incident, jumping on its running board till he was thrown, may be entitled to insurance benefits, Michigan... (more story)
Nationwide has filed suit asking an Illinois federal court to declare that it has no duty to cover a suburban Chicago gym in a 3-year-old "fat freezing" injury case headed to trial in June, saying the underlyi... (more story)
Lloyd's of London underwriters and the Roman Catholic Diocese of Rockville Centre agreed to end a dispute over the payment of defense expenses related to sexual abuse claims against the diocese, according to a... (more story)
A Michigan healthcare system's insurer is fighting efforts to send its coverage lawsuit over underlying Legionnaires' disease claims to arbitration in Bermuda, arguing that the dispute does not fall within an ... (more story)
A court-appointed receiver for an at-fault driver has told a North Carolina federal court that Geico should be on the hook for a more than $2.8 million consent judgment against the driver stemming from an Augu... (more story)
A logistics company facing wrongful death claims told the Eighth Circuit its insurer must pay to defend it because it was insured under a trucking company's policy and there was no agreement that a $1 million ... (more story)
A petroleum services company told a New York state court that three of its marine insurers have failed to cover any defense costs incurred in a benzene injury lawsuit, even after it said the lead insurer agree... (more story)
An Oklahoma property owner cannot get revised coverage from two Travelers units for more than $1.1 million in claimed hail damage repairs, an Oklahoma federal court ruled, finding that after Travelers paid rou... (more story)
An insurer told a Georgia federal court that it doesn't owe coverage to a homeowner's association in a $10 million suit brought by a woman who said she was viciously attacked by her neighbor's dogs in part bec... (more story)
California property owners affected by recent wildfires accused hundreds of insurers of collusion, Colorado's justices said no exception exists to the state's economic loss rule for willful and wanton conduct ... (more story)
Specialty Lines More
A federal appellate panel grappled Thursday with whether to uphold class certification in a lawsuit claiming that State Farm systematically undervalues totaled vehicles, with one judge wondering if every class... (more story)
Underwriters asked a California federal court on Wednesday to find that they did not have to defend a company accused by the Federal Trade Commission of bilking consumers out of at least $37 million through a ... (more story)
The school district for East Palestine, Ohio, filed a federal lawsuit Wednesday against Norfolk Southern, claiming the railroad hasn't made good on its promises to help the district recover after a fiery derai... (more story)
Executives of a human resources management and staffing company urged a Florida federal court to toss a lawsuit brought by its workers' compensation insurance manager alleging it's owed $25 million over a diss... (more story)
An insurer for a motocross event organizer doesn't owe an additional $5 million in coverage on top of the $1 million it already paid to settle a suit over a child's injury at an amateur national motocross cham... (more story)
The estate of a motorcyclist killed by a driver allegedly overserved at a Washington bar has sued to force the bar's specialty insurance company to cover a partial settlement in an underlying wrongful death suit.
Much of the rising trend of so-called thermonuclear verdicts can be tied to punitive damages amounts that astonish the imagination, so attorneys must understand the psychological underpinnings that drive juror... (more story)
An employee benefits administrator failed to properly secure and safeguard private information of benefits recipients, including their names and Social Security numbers, that was later compromised in a data br... (more story)
An insurer shouldn't have to pay for a settlement that a healthcare management company reached following a nearly $3.3 million jury verdict in an underlying nursing home negligence suit, the carrier told a Was... (more story)
A Ninth Circuit ruling that revived a suit alleging Shopify violated privacy laws using tracking software cleared a key procedural bar that could open the floodgates to a new wave of litigation, threatening to... (more story)