NJ Panel Says Insurer, Not Driver, Owed Auto Damage Proof
A New Jersey appellate panel held Thursday that the burden of proof was on an insurer, not a driver, in a coverage dispute stemming from a blown head gasket that rendered her vehicle inoperable, vacating the i... (more story)
More Subrogation? Experts Parse Reported Climate Suit Trend
Researchers at the London School of Economics see more climate change-related subrogation litigation on the horizon. Insurance experts aren’t as confident the industry has the appetite to take on complex cases... (more story)
Insurance Litigation Week In Review
Insurance brokers are not exempt from New Jersey's Consumer Fraud Act, a Chubb unit properly limited coverage for "business property" destroyed in a fire and Golden Corral can't reverse its 5-year-old COVID-19... (more story)
4th Circ. Rejects Golden Corral's COVID-19 Coverage Do-Over
The Fourth Circuit on Wednesday declined to walk back a North Carolina federal judge's five-year-old decision denying Golden Corral insurance coverage for pandemic-era business interruption losses, finding a b... (more story)
7th Circ. Backs $25K Cap On 'Business Property' Lost In Fire
A Chubb unit properly limited coverage to $25,000 for the contents of an Illinois mansion that was destroyed in a lightning-sparked fire, the Seventh Circuit ruled, saying the use of the contents for commercia... (more story)
Akerman Adds Holland & Knight Risk Atty In Miami
Akerman LLP has grown its transactional risk practice in Miami with the addition of an attorney from Holland & Knight LLP, the firm said Thursday.
Insurance Litigation Week In Review
An uninsured motorist coverage exclusion in a specialty auto policy is enforceable under Alabama law. An alleged salmonella outbreak is a single occurrence. Under Armour needn't pay prejudgment interest. Law36... (more story)
How Rated Note Feeders Help Insurers Tap Private Credit
With insurer investments comprising nearly a third of the private credit market, rated note feeders offer insurers a compelling way to access private credit yields through debt instruments by balancing key fea... (more story)
After Tense Terms, Hints Of High Court Harmony With Circuits
Following several U.S. Supreme Court terms teeming with reversals and rebukes of lower appeals courts, the justices this term found fault less often with rulings by circuit judges, who are likely becoming bett... (more story)
The Moments That Shaped The Monsanto Decision
U.S. Supreme Court justices forged unusual alliances when they ruled a federal statute preempts claims Monsanto failed to warn consumers its Roundup weed killer may cause cancer. Oral arguments provided insigh... (more story)