Markel Corporation announced Wednesday that Richard R. Whitt III, Co-Chief Executive Officer of Markel, p...
'Deceptive' Denial Letter Costs Insurer Treble Damages After Appeal to...
'Deceptive' Denial Letter Costs Insurer Treble Damages After Appeal to 4th Circuit
The insurer first said it would pay to repair a breezeway at a student housing complex that partially collapsed during a Saturday night student party...
Article / 27 days ago
Insurers Found Liable for $101M Payment Into Lead Paint Abatement Fund
Taking a calculated risk by selling a hazardous product isn’t the same as intentionally causing harm. For that...
Article / 1 month ago
APCIA Joins Group Pushing for Reforms on Litigation Funding
A new advocate group in New York that counts the American Property Casualty Insurance Association (APCIA) as a...
Article / 3 months ago
Insurers Take Credit Score Battle to Washington Supreme Court
Insurers Take Credit Score Battle to Washington Supreme Court
Insurer groups last week sought to take their battle with Washington Insurance Commissioner Mike Kreidler to the Supreme Court of Washington...
Article / 3 months ago
Data Points: Attorney Impact on Commercial Auto Losses
Data Points: Attorney Impact on Commercial Auto Losses
Commercial auto insurance loss severity rose about 5 percent per year during the five-year period ending 2019, as the proportion of claims that had attorney...
Article / 4 months ago
Florida Power & Light Class Action Opens Door to Subrogation, Future S...
Florida Power & Light Class Action Opens Door to Subrogation, Future Storm Claims
A Miami judge’s certification of a lawsuit against Florida’s largest utility company as a $10 billion class action, with damage claims from...
Article / 4 months ago
D&O Insurance Specialist IDs a Fourth Variant of COVID Shareholder Sui...
D&O Insurance Specialist IDs a Fourth Variant of COVID Shareholder Suits
Even over a holiday weekend, alerts were hitting the newswires in advance of Jan. 3—the deadline for shareholders of ON24 to apply for lead plaintiff status in a lawsuit....
Article / 4 months ago
Insurers Taking Note of Big Verdicts, But Trial Lawyers Don't Expect B...
Insurers Taking Note of Big Verdicts, But Trial Lawyers Don't Expect Big Changes
When CVS Pharmacies announced that it was closing 900 stores around the country just weeks after a Georgia appeals court upheld a $43 million premises liability verdict a...
Article / 6 months ago
Lloyd's, Travelers, Other Insurers Lose in JPMorgan Appeal Over Bear Stearns Settlement
New York's highest court ruled on Tuesday that JPMorgan Chase & Co is entitled to insurance coverage for $140 ...
Article / 6 months ago
State High Court Slams Insurer for Forum Shopping in Opioid Case
State High Court Slams Insurer for Forum Shopping in Opioid Case
The West Virginia Supreme Court has decided that a trial court has the authority to reach across the continent and halt an insurance carrier’s litigation in California...
Article / 6 months ago