Louisiana and Florida area already scrambling to keep their industries alive, but is California next? As premiums have been rapidly climbing in various parts of the industry in California, experts are starting to wonder if it will be the next state facing a homeowners insurance crisis.
A federal district court has refused to dismiss COVID-19-related business interruption coverage litigation filed by a shopping mall owner against an American International Group Inc. unit, concluding that its policy’s pollution and contamination exclusion is ambiguous.
There seems to be a common misconception that all workers’ compensation losses are flat to slightly improving. While that might be true for the frequency of smaller claims, it definitely is not the trend in the frequency and costs of large death and permanent total disability claims.
As the NFL continues to battle with insurance companies that (spoiler alert) don’t want to pay benefits in connection with the concussion lawsuits and settlements, Big Shield has a new fight with Big Insurance over the availability of coverage for a Sunday Ticket antitrust action filed against the NFL in 2015.
The insurance carrier for the Roman Catholic Diocese of San Diego filed a lawsuit Friday contending that because the diocese violated the terms of its insurance policies, the company should not have to pay out any money to settle claims from hundreds of people alleging they were victims of sexual abuse by clergy over the past several decades.
In Family Security Insurance Co. v. Stein, Florida’s Fourth District Court of Appeal confirmed that, in a coverage action where the issue of coverage is in dispute, an insurer’s claim file and claim investigation materials are protected by the work product privilege.
Houston-based law firm McClenny, Moseley and Associates has been suspended from practice in Louisiana’s Western District federal court over its work on Hurricane Laura insurance cases.
South Carolina’s Exclusive Remedy Rule has prevented an employee from collecting $350,000 in uninsured motorist benefits for injuries she sustained in an automobile accident she was in while a passenger in a vehicle owned and driven by a co-employee.
This article discusses certain challenges found in the insuring agreements of the Insurance Services Office, Inc. (ISO), commercial general liability (CGL) policy (April 2013 edition).
It may seem like a no-brainer to say geographies that are near each other share certain risks -- particularly when talking about flood risk, which doesn’t respect artificial boundaries like ZIP Codes.
Benjamin Franklin, in urging a more robust approach to firefighting in Philadelphia, wrote: ‘an Ounce of Prevention is worth a Pound of Cure.’ Today, nearly 300 years later, we see again that prevention is needed.
Earlier in my career I handled a subrogation case involving a brand-new vehicle which was lightly tapped from the rear by a careless driver. The damage to the vehicle was very minimal, yet the vehicle was declared a total loss by my client because its frame had been ‘jiggled’ and the cost to repair the frame, together with the diminution in value of the vehicle after successful frame repair and increased salvage value exceeded the actual cash value of the vehicle.
