New SC Â鶹´«Ã½ Gives Shot Of Hope For Liquor Liability Stability
A new law overhauling South Carolina's joint and several liability statutes, which left bars and restaurants potentially on the hook for the full amount of a verdict in alcohol-related lawsuits, has experts cautiously optimistic that the change will make insurance more affordable for these venues.
4th Circ. Towers Watson Ruling Not Final Word On Bump-Ups
Towers Watson's defeat at the Fourth Circuit in its bid for coverage of settlements resolving merger-related shareholder litigation is one of the higher-profile developments in court battles over so-called bump-up exclusions, even as experts expect the scope of the decision to be limited and diluted by other court rulings.
Fed Survey Highlights Disaster Risks To Uninsured Across US
A recent survey from the Federal Reserve Board showing that 7% of U.S. homeowners are going without property insurance underscores a key part of a national housing affordability crisis that is leaving more households with little protection from disasters.
New SC Â鶹´«Ã½ Gives Shot Of Hope For Liquor Liability Stability
A new law overhauling South Carolina's joint and several liability statutes, which left bars and restaurants potentially on the hook for the full amount of a verdict in alcohol-related lawsuits, has experts cautiously optimistic that the change will make insurance more affordable for these venues.
4th Circ. Towers Watson Ruling Not Final Word On Bump-Ups
Towers Watson's defeat at the Fourth Circuit in its bid for coverage of settlements resolving merger-related shareholder litigation is one of the higher-profile developments in court battles over so-called bump-up exclusions, even as experts expect the scope of the decision to be limited and diluted by other court rulings.
Fed Survey Highlights Disaster Risks To Uninsured Across US
A recent survey from the Federal Reserve Board showing that 7% of U.S. homeowners are going without property insurance underscores a key part of a national housing affordability crisis that is leaving more households with little protection from disasters.
Expert Analysis
Companies that receive federal funds or have the remnants of a diversity, equity and inclusion program should revi... (more story)
Preliminary findings from our recent study on how attorney gender might affect case outcomes support the conclusio... (more story)
The Second Circuit's decision this month in Lloyds of London v. 3131 Veterans Blvd that international arbitration ... (more story)
Property More
A 7-year-old federal lawsuit between a Colorado condominium complex and its insurer alleging nearly $25 million in unpaid claims has ended in a private settlement.
California homeowners accused AAA and USAA of systematically undervaluing the replacement cost of their homes all while advertising adequate coverage and financial security, telling a state court that many can... (more story)
A novel suit accusing oil and gas companies of contributing to a woman's 2022 heat wave death could lead to future insurance disputes, but experts said common exclusions and other policy terms could leave the ... (more story)
Norton Rose Fulbright announced the growth of its Chicago office Thursday with the addition of a "highly regarded corporate lawyer," who will serve as a partner in the firm's business practice group and as a m... (more story)
Former New England Patriots linebacker Andre Tippett and his wife are suing a Travelers subsidiary over its denial of coverage for nearly $400,000 worth of water damage to their Massachusetts home, according t... (more story)
Missouri's governor announced additional goals for a special session that began this week, including asking lawmakers to put an annual cap on residential property value increases.
The Sixth Circuit said a coverage dispute over PFAS litigation shouldn't have been sent back to state court, the Tenth Circuit found that an insurer did not unreasonably deny a hail damage claim and a Florida ... (more story)
A lumber company and its insurance broker told a Nebraska federal court that the company's property insurance policy should be reformed to include $500,000 in business interruption coverage following a fire lo... (more story)
A manufacturer of electrical cables is responsible for over $1 million in damages for a fire at a Philadelphia-based discount department store, an insurer told a Pennsylvania federal court, saying the blaze wa... (more story)
A rebound in client work sent the nation’s largest law firms into growth mode last year, driving a wave of hiring, mergers and strategic moves that reshaped the top tier of the Â鶹´«Ã½360 400. Here's a preview of ... (more story)
General Liability More
A Zurich Insurance Group unit cannot use exclusions to avoid covering more than $2 million in losses a contractor incurred after losing steel casings while constructing a bridge foundation near a Northern Cali... (more story)
A chiropractor's insurer must pay a $1.1 million award entered against him and the clinic where he works in a suit over injuries that a woman sustained during treatment, the clinic's insurer told a New York fe... (more story)
A Delaware bankruptcy judge Wednesday questioned why firefighting foam maker Kidde-Fenwal did not include in plan disclosures details about the recoveries its creditors can expect under its Chapter 11 proposal... (more story)
Union Pacific Railroad Co. is on the hook for over $447,000 after it delivered a shipment of Nissan vehicles in a "severely damaged and depreciated condition," the insurer for the cargo owner told a Nebraska f... (more story)
Allstate Fire And Casualty Insurance Co. urged the Georgia Court of Appeals to overturn a trial court's decision to sanction it by tossing its lawsuit over a liability policy issued to the owner of a car invol... (more story)
An Ohio federal court erred by remanding declaratory claims over insurance coverage for underlying PFAS litigation to state court, the Sixth Circuit ruled, forging its own jurisdictional standard for what are ... (more story)
A motocross event company is seeking coverage for a $20 million personal injury suit after a child attending a 2022 championship was paralyzed while swimming in a creek onsite after another patron jumped in an... (more story)
A Seattle building owner urged a Washington federal court to grant it a partial early win in a coverage dispute over $8.5 million in water damage, telling the court that under state law, none of the four exclu... (more story)
A Florida federal judge freed an insurer from paying any of the $8.5 million in damages connected to shoddy work at a Florida condo, finding there wasn't an allocation accounting for which claims were covered ... (more story)
A townhome association's insurer has no legal basis to withhold payments under a $2.7 million appraisal award for costs connected to a 2022 storm, the association told a Minnesota federal court Friday in a bid... (more story)
Specialty Lines More
Selective Insurance Company of South Carolina doesn't have to increase its payout to a couple involved in a car wreck, the Fourth Circuit has ruled, finding that North Carolina law doesn't provide that the cou... (more story)
While the use of artificial intelligence platforms such as OpenAI's ChatGPT and Google's Gemini has certainly proliferated among the public, how the insurance industry will address AI-related risks across exis... (more story)
A software company is blaming its insurers in Washington federal court for hampering its settlement talks with a client by reneging on its coverage agreements, causing the company to now potentially face a cus... (more story)
A key committee will decide Thursday whether to send President Donald Trump’s pick to lead the U.S. Department of Labor’s employee benefits arm ahead for a full Senate vote, setting the stage for what attorney... (more story)
An insurance company's suit alleging that an insurance agent's errors cost the company its reinsurance through the Federal Crop Insurance Corp. should be tossed, the agent told a Michigan federal court, arguin... (more story)
A North Carolina federal judge granted a preliminary injunction ordering an adjuster to proceed with adjusting claims for insurers, including one related to a 2021 fatal Florida boat accident that resulted in ... (more story)
A Connecticut state court trimmed McCarter & English LLP's defenses in a $22.3 million suit over its role crafting loans for recreational improvements in a Long Island, New York, town, saying the firm cannot p... (more story)
Academics, attorneys and insurance industry officials took a look at the myriad ways artificial intelligence could affect the "insurance value chain," as one conference panelist put it, across claims, litigati... (more story)
An insurer waived its right to arbitration for many reasons, a New Jersey appellate panel affirmed, finding a pier owner's coverage dispute concerning underlying litigation brought against it by public utiliti... (more story)
Towers Watson's insurers don't have to cover shareholder litigation, the Fifth Circuit said its hands were tied concerning fire damage arbitration, North Carolina's highest court allowed a homeowner who didn't... (more story)