Canada's New PM Seen As Leader Conscious Of Climate Risk
As the former central banker Mark Carney assumes leadership over Canada's government, experts are pointing to his comments on climate change risks to insurers as a watershed moment in appreciating the financial risks of a warming planet.
Allstate Unit Data Breach Row Signals Shifting Cyber Risks
A New York attorney general suit against an Allstate unit is raising聽concerns about more aggressive state enforcement and data breach risks from insurers while emphasizing existing cyber risk and coverage issues that have long plagued policyholders.
Meet The State Rep. Working To Bring Firearm Insurance To Ill.
As state and local governments consider the ways in which insurance can be used to regulate firearm use, Rep. Bob Morgan is leading the charge in Illinois, creating a task force to bring insurance experts and other related leaders together to formulate liability insurance for firearm owners. Here, 黑料大事记 speaks with Morgan as he works to discover whether a stand-alone policy or special endorsement can be used by individuals to promote safer firearm practices within the state.
Canada's New PM Seen As Leader Conscious Of Climate Risk
As the former central banker Mark Carney assumes leadership over Canada's government, experts are pointing to his comments on climate change risks to insurers as a watershed moment in appreciating the financial risks of a warming planet.
Allstate Unit Data Breach Row Signals Shifting Cyber Risks
A New York attorney general suit against an Allstate unit is raising聽concerns about more aggressive state enforcement and data breach risks from insurers while emphasizing existing cyber risk and coverage issues that have long plagued policyholders.
Meet The State Rep. Working To Bring Firearm Insurance To Ill.
As state and local governments consider the ways in which insurance can be used to regulate firearm use, Rep. Bob Morgan is leading the charge in Illinois, creating a task force to bring insurance experts and other related leaders together to formulate liability insurance for firearm owners. Here, 黑料大事记 speaks with Morgan as he works to discover whether a stand-alone policy or special endorsement can be used by individuals to promote safer firearm practices within the state.
Expert Analysis
Maritime operators, insurers and financial institutions must exercise extreme caution when making ransom payments ... (more story)
Instead of striking potential jurors based on broad stereotypes or gut feelings, trial attorneys should create cas... (more story)
.jpg)
The state of Texas' recent suit against Allstate is the culmination of a long-standing commitment to vigorously en... (more story)
Property More
The California Department of Insurance on Friday provisionally approved State Farm's request for an emergency rate hike following the Los Angeles fires, including a nearly 22% increase for homeowners, saying f... (more story)
A Pensacola Beach condominium complex told a Florida federal court that it is entitled to recover attorney fees and other costs associated with what it alleged was its insurers' failures to fairly handle its c... (more story)
A Louisiana federal judge again refused to find that the insurer of a suburban New Orleans commercial property acted in bad faith in denying to cover $220,000 in damage Hurricane Ida allegedly caused in 2021.
A married couple accused State Farm Fire and Casualty Co. in Ohio federal court of wrongfully denying coverage after their home was damaged by wind and a hailstorm.
Progressive's $48 million settlement for underpaying New York drivers was finalized, insurers escaped covering opioid litigation and claims, Viacom and National Amusements Inc. got to continue their quests for... (more story)
Insurance experts in a committee hearing that largely summed up concerns following the Los Angeles fires urged California lawmakers on Wednesday to address rising physical risks, smoke damage complaints, and r... (more story)
A construction company can't avoid an AIG unit's $7 million subrogation suit over a fire at an iron processing plant, a Texas federal court ruled, saying the insurer sufficiently stated a claim for negligence.
General Liability More
An insurer wouldn't have been forced to pay 64 times its policy limit after a deadly crane collapse in Seattle were it not for its attorneys at Williams Kastner, the carrier told a Washington state court, accu... (more story)
The Fifth Circuit reversed on Friday a decision finding a bar's insurer had to pay only $1 million of a $3.2 million judgment because a settlement demand letter was too vague, saying the lower court should hav... (more story)
A Michigan-based insurance company has asked a Florida federal court to declare that it doesn't owe coverage in a claim stemming from a condominium worker's death after falling five stories, asserting that its... (more story)
An Ohio startup on Thursday lost its latest bid to revive an $18.3 million jury verdict it won against TransUnion for allegedly holding its source code hostage after ending a business deal.
Another insurer must help cover the nearly $15 million two Chubb units spent settling injury claims against the owner and operator of a gas-processing plant that faced 15 underlying lawsuits stemming from a fa... (more story)
A group of insurers have no coverage obligations under certain policies issued to drugmaker Mallinckrodt as a trust created from the company's first bankruptcy seeks to resolve underlying opioid claims with th... (more story)
Specialty Lines More
A recent Delaware Superior Court ruling that allowed聽National Amusements Inc., Shari Redstone and Viacom Inc. to draw from two pools of insurance coverage for underlying shareholder litigation聽cemented the sta... (more story)
A pair of directors and officers insurers must provide coverage to real estate holding companies in an underlying False Claims Act聽whistleblower聽action, a Delaware Superior Court judge ruled, finding that a br... (more story)
Several unlicensed individuals submitted hundreds of fraudulent charges for services provided to Geico-insured car accident victims, the insurer has alleged in New York federal court, claiming it lost more tha... (more story)
North Carolina's Business Court judge shut down a late deposition motion by a Chubb subsidiary seeking testimony from Smithfield Foods Inc.'s chief legal officer, criticizing the insurer for purportedly trying... (more story)
Houston Casualty Co. said Tuesday that its liability insurance policy does not cover an underlying lawsuit accusing a Washington company that owns McDonald's franchises of violating the state's pay transparenc... (more story)
Former Marvel Entertainment Chair Ike Perlmutter has asked the Florida Supreme Court to revive his punitive damages claim against his neighbor in a dispute over a hate mail campaign, arguing that the appellate... (more story)
A yacht owner asked a Florida federal court to find its insurance broker owed over $1 million for negligence for failing to provide or explain its policy, after it was denied coverage for a total loss groundin... (more story)