'There is no doubt that climate change increases volatility, frequency and also severity,' says senior di...
RSA and CNA settle with Excel in BI case – reports
Insurers RSA and CNA have reportedly settled with the owner of exhibition space ExCel London following their 2023 loss in a business interruption (BI) test...
Insurers RSA and CNA have reportedly settled with the owner of exhibition space ExCel London following their 2023 loss in a business interruption (BI) test...
Article / 2 days ago
AIG Defeats Bad Faith Claim At Trial Over Irma Damage - Law360
A Florida jury returned a verdict Friday in favor of AIG after finding that the insurer did not act in bad faith in handling a claim for damage from Hurricane Irma to a $95 million oceanfront mansion near Miami.
A Florida jury returned a verdict Friday in favor of AIG after finding that the insurer did not act in bad faith in handling a claim for damage from Hurricane Irma to a $95 million oceanfront mansion near Miami.
law360.com /
Article / 2 days ago
Threat of Bad Faith Does Not Constitute a “Claim” Under Insurance Company’s Professional Liability Policy | Wiley Rein LLP
An Ohio federal court, applying Ohio law, has held that a letter threatening a bad faith action against an insured insurance company...
An Ohio federal court, applying Ohio law, has held that a letter threatening a bad faith action against an insured insurance company...
Article / 4 days ago
AI Class Action Lawsuit Knocks on California Court's Door - CLM
Plaintiffs allege insurer uses AI to instantly reject claims...
Plaintiffs allege insurer uses AI to instantly reject claims...
theclm.org /
Article / 6 days ago
What is unfairly prejudicial conduct entitling a shareholder to relief from the Court – and are such claims indemnified under the company's D&O Policy?
Successive versions of the Companies Act (most recently Section 994 of the 2006 Act (“CA...
Successive versions of the Companies Act (most recently Section 994 of the 2006 Act (“CA...
Article / 14 days ago
UK insureds slowly winning the war on Covid-BI litigation - Commercial Risk
As Covid-19 business interruption (BI) insurance claims continue to grind their way through the English Courts, UK businesses are slowly recovering billions of pounds from their insurers...
As Covid-19 business interruption (BI) insurance claims continue to grind their way through the English Courts, UK businesses are slowly recovering billions of pounds from their insurers...
Article / 20 days ago
Airplane In $20M Russia Dispute Is Not Lost, Insurers Say - Law360
Three insurers have hit back against a $19. 7 million claim over a passenger jet stranded in Russia...
Three insurers have hit back against a $19. 7 million claim over a passenger jet stranded in Russia...
law360.com /
Article / 21 days ago
Bridge collapse could spur waves of coverage litigation
Coverage disputes stemming from the March 26 collapse of the Francis Scott Key Bridge in Baltimore after it was hit by the container ship Dali will come in waves, legal experts say, with...
Coverage disputes stemming from the March 26 collapse of the Francis Scott Key Bridge in Baltimore after it was hit by the container ship Dali will come in waves, legal experts say, with...
Article / 21 days ago
Casino's COVID coverage dispute headed to trial
A Las Vegas casino's fight with an FM Global unit over coverage for losses caused by the COVID-19 pandemic will head to trial after a federal judge denied the insurer's bid for summary judgment on...
A Las Vegas casino's fight with an FM Global unit over coverage for losses caused by the COVID-19 pandemic will head to trial after a federal judge denied the insurer's bid for summary judgment on...
Article / 21 days ago
AM Best downgrades State Farm General to B on policyholder surplus deterioration
AM Best has downgraded the financial strength rating to B (Fair) from A (Excellent) of State Farm General Insurance Company, the unit of the personal lines giant...
AM Best has downgraded the financial strength rating to B (Fair) from A (Excellent) of State Farm General Insurance Company, the unit of the personal lines giant...
Article / 25 days ago
