Last month, thieves stole millions of dollars’ worth of jewelry from a Brink’s tractor-trailer in a late-night heist, and according to a new lawsuit filed by the security company, one of the drivers was asleep inside the vehicle during the robbery.
Imagine a cybersecurity catastrophe like this one: A pharmaceuticals maker suffers a data breach, but no data is stolen and no ransomware is deployed. Instead the attacker simply makes a change to some of the data in a clinical trial -- ultimately leading the company to release the wrong drug.
The owners of a former downtown Tucson nightclub recently were awarded $1.6 million after suing their landlord for locking them out during the COVID-19 pandemic in 2020.
In Saoud v. Everest Indemnity Insurance Co., the Sixth Circuit Court of Appeals held that an ‘unregistered security exclusion’ barred coverage for various underlying lawsuits under a professional liability policy.
Gov. Greg Abbott signed a disaster declaration after Monday’s severe flooding, including Dallas County, as the region recovers from a storm event that flooded roads, submerged cars, delayed flights, left at least one person dead and more than 100 homes damaged.
When new homeowners close on a house, there is a need for the home’s title to switch to their names. Title agencies, such as ABL Title Insurance Agency, tend to have professional liability insurance policies to protect them in the event something is amiss.
Families along Upper River Caney and Lower River Caney roads recall how the floodwaters that rushed through their narrow hollow turned from a muddy brown to a charcoal gray late last month.
A huge fire at a marina in Mattapoisett, Massachusetts, on Friday left several boats and vehicles as burned-out shells and produced a plume of black smoke so thick it was picked up by weather radar.
Much of the law surrounding extra-contractual or bad faith liability for insurance carriers centers on whether the insurer has properly discharged its duties to its insured early in a claim, such as by agreeing to defend the insured in a newly filed lawsuit.
A Gwinnett County jury unanimously imposed a $1.7 billion verdict, the largest in state history, against Ford Motor Co. on Friday in a wrongful death lawsuit stemming from a 2014 rollover crash that killed a Middle Georgia couple.
Residents in the McKinney fire burn area sued PacifiCorp this week, alleging that sparks from the utility’s high-voltage transmission lines and other equipment ignited the deadly blaze last month near the California-Oregon border.
Baby boomers thought that my generation, "Gen X," would destroy the Earth and make it uninhabitable. I hear people in Generation X constantly blaming everything on the millennial generation. And the millennials are starting to complain about the next generation, "Gen Z."
It appears that there is a growing trend throughout the United States that is reducing barriers and making it easier for insureds to establish their bad faith claims against their insurers, thereby expanding the scope of an insurer’s potential exposure to claims of bad faith.
Market watchers and participants have noticed an uptick in new legal entrants and public adjusters entering Louisiana as firms look to grab a slice of the claims pie - and some are using ‘concerning’ tactics, industry insiders have warned.
Social inflation, or the rise of insurers’ costs to cover claims above general economic inflation, is a growing threat to insurance affordability. The struggle to quantify social inflation’s causes is one reason policymakers have yet to reduce its impact.
