The global natural catastrophes of 2017–21 caused US$1.2 trillion in economic losses and close to US$500 ...
Aviva loses bid to quash class action for COVID-related BI losses - Canadian Underwriter
Ontario's Superior Court has certified a class action lawsuit by a window and door manufacturer against Aviva Canada related to the insurer's broad denial of...
Ontario's Superior Court has certified a class action lawsuit by a window and door manufacturer against Aviva Canada related to the insurer's broad denial of...
canadianunderwriter.ca /
Article / 2 days ago
Louisiana Supreme Court Reverses a Rare State Court of Appeals Win for COVID-19 Business Interruption Claimant - JDSupra
COVID-19 business interruption claimants have had few state appellate court decisions upon which to rely. Louisiana produced one such decision in...
COVID-19 business interruption claimants have had few state appellate court decisions upon which to rely. Louisiana produced one such decision in...
jdsupra.com /
Article / 2 days ago
Lloyd's results recap: Ian impact, contextualising rate changes and claims trends
There were few surprises in the headline results Lloyd’s reported for the 2022 financial year last Thursday, with no changes made to the preliminary...
There were few surprises in the headline results Lloyd’s reported for the 2022 financial year last Thursday, with no changes made to the preliminary...
Article / 4 days ago
The importance of supply chain resiliency in a post-pandemic world - SCMR
The COVID-19 pandemic has disrupted the global supply chain and exposed its vulnerabilities. The widespread lockdowns, travel restrictions, and border closures...
The COVID-19 pandemic has disrupted the global supply chain and exposed its vulnerabilities. The widespread lockdowns, travel restrictions, and border closures...
scmr.com /
Article / 4 days ago
Court gives preliminary OK to COVID BI settlement: Report
A Missouri state court has reportedly given its preliminary approval to an $800,000 class-action settlement in a COVID-19 business interruption case filed in 2020....
A Missouri state court has reportedly given its preliminary approval to an $800,000 class-action settlement in a COVID-19 business interruption case filed in 2020....
Article / 7 days ago
Russia-Ukraine and pandemic BI push UK insurance litigation claims values up 64% in 2022
The number of insurance-related legal disputes in the UK fell by almost 22 percent in 2022 but a surge in high-value multi-party litigation over...
The number of insurance-related legal disputes in the UK fell by almost 22 percent in 2022 but a surge in high-value multi-party litigation over...
Article / 9 days ago
Taiwan: Nan Shan General Insurance's COVID-related loss seen as one-off event
Nan Shan General Insurance reported a significant net loss of NT$1.3bn ($42.4m) for the as of the end of September 2022, notes AM Best...
Nan Shan General Insurance reported a significant net loss of NT$1.3bn ($42.4m) for the as of the end of September 2022, notes AM Best...
Article / 10 days ago
BI class actions set for tussle over a way forward - insuranceNEWS.com.au
The Federal Court has scheduled a two-day hearing for July to decide whether four business interruption class actions filed by two legal firms should instead proceed as...
The Federal Court has scheduled a two-day hearing for July to decide whether four business interruption class actions filed by two legal firms should instead proceed as...
insurancenews.com.au /
Article / 11 days ago
Insurer in Full: Legal sanity restored in Louisiana…
The owners of the New Orleans restaurant Oceana Grill are not coy when it comes to firing off suits...
The owners of the New Orleans restaurant Oceana Grill are not coy when it comes to firing off suits...
Article / 11 days ago
Loyola New Orleans Sues Insurers For $10.5M COVID Losses - Law360
Loyola University New Orleans said its insurers, certain underwriters at Lloyds of London, must...
Loyola University New Orleans said its insurers, certain underwriters at Lloyds of London, must...
law360.com /
Article / 11 days ago