Extensive damage resulted from the Kentucky tornado that struck on December 10, 2021. Generally, tornadoes do not produce extensive catastrophe-type responses from the insurance industry because the extent of damage is limited to such a small location
Another insolvent insurer in Louisiana has been placed into receivership, as the company continues to grapple with massive pending hurricane claims. Louisiana insurance commissioner Jim Donelon placed Americas Insurance Company (AIC) into receivership in the 19th Judicial District Court.
Two organizations that influence many Americans’ automobile buying decisions will begin rating vehicles on how well they track behavior of motorists who use partially automated driver-assist systems.
California prosecutors have filed two counts of vehicular manslaughter against the driver of a Tesla on Autopilot who ran a red light, slammed into another car and killed two people in 2019.
Merck & Co.‘s victory in a legal dispute with insurers over coverage for $1.4 billion in losses from malware known as NotPetya is expected to force insurance policies to more clearly confront responsibility for the fallout from nation-state cyberattacks.
Applied Underwriters has responded to the lawsuit filed against it by QBE, calling the complaint ‘meritless.’ QBE had filed a petition in the Supreme Court of the State of New York for injunctive relief, naming Applied Underwriters and four of its former aviation professionals who are now Applied Underwriters employees as respondents.
The Second Circuit has now joined the Fifth, Sixth, Seventh, Eighth, Ninth, Tenth, and Eleventh Circuits in holding that no insurance coverage exists for business interruption losses caused by the Covid-19 pandemic and the associated government orders.
The holidays—parties, family and the spirit of giving. Some personal injury plaintiff attorneys really get into the spirit, hoping to receive the gift of ‘open’ policy limits and unlimited injury recoveries by making short-fused settlement demands that are set to expire right before, during or right after the holiday.
What do space exploration and anti-fraud technology have in common? More than you might think. Great new technologies are influencing things once thought improbable, if not impossible.
A Miami judge’s certification of a lawsuit against Florida’s largest utility company as a $10 billion class action, with damage claims from more than 4 million people who lost power in Hurricane Irma, could have significant repercussions for self-insurers and insurance companies in the years ahead.
Millennials are often viewed as the ‘everyone gets the trophy’ generation. However, millennial professionals are some of the most forward-thinking, diverse, and inclusive generation in history, and their efforts to create more diverse and inclusive environments are turning the traditional workforce on its head.
The risk of theft from storage facilities has increased over the last few months in the United States, according to a report from freight insurance company TT Club and business improvement and standards firm BSI.
Third-party litigation funding, or TPLF, has become a booming business onto its own.<br />An estimated $17 billion was invested into litigation funding globally in the year 2020, with the U.S. taking more than half of it.
Dog bite cases and their factual differences and distinctions abound. Liability is often based on who owned or controlled the dog. But, as a recent case illustrates, another determinant of liability may be where the incident occurred.
