A New Hampshire state court ruled largely in favor of a hotel chain Tuesday in a COVID-19 business interruption coverage lawsuit filed against a group of insurers.
The U.S. District Court for the District of New Jersey is considering a local rule requiring discoverability of third-party litigation funding (TPLF) agreements—but allows the plaintiff to self-describe the agreements.
Lloyd’s CEO John Neal has described climate change as ‘the largest single underwriting and investment opportunity’ that most re/insurers will see in their careers.
The Institutes RiskStream Collaborative ran a study to prove whether its Mortality Monitor is a viable insurance blockchain use case. The purpose is for insurers to share their information about a policyholder’s death with other insurers.
From billboards to daytime TV, advertisements for the law firm of Jacoby & Meyers are inescapable. It can be difficult getting through a television show or sporting event without hitting a commercial for the 49-year-old law group, said to have 300 attorneys in 50 states.
A dozen chiropractors across Los Angeles County were charged Tuesday in a $2.5 million insurance fraud scheme involving medical claims related to car collisions.
The summer is shaping up to be one of the most uncertain hiring seasons in years. Many companies are hedging their bets, waiting for consumer confidence to recover more fully before adding employees.
An attorney’s mistake as to whether a client needed to answer counterclaims filed against it isn’t ‘excusable neglect’ justifying a late filing, the Fifth Circuit ruled Monday in a win for an insurance adjuster in a commissions dispute with his former company.
A massive fire at a Rockton, Illinois Chemtool plant continues to burn for a second day Tuesday. The massive chemical plant went up in flames around 7 a.m. Monday and firefighters say it could burn for several days.
The Florida Supreme Court has given the proverbial ‘green light’ for insurance companies to sue attorneys for negligent representation of an insured. Historically, to bring an action against an attorney for legal malpractice in Florida, the party making the claim was generally required to allege and prove either a formal attorney-client relationship or privity of contract.
In UN Secretary-General António Guterres’ closing remarks at the Insurance Development Forum held virtually earlier this week, he asserted that the insurance industry is in a ‘race against time’ to make the adaptations necessary for adapting to the speed of climate change.
During the record 2020 Atlantic hurricane season, something happened that many people overlooked -- hurricane forecasts improved. And that saved lives.<br /><br />
Insurance services and claims solutions provider Charles Taylor is launching a new US-based division that is focused on offering pre-risk and post-loss environmental services.<br /><br />Known as Charles Taylor Environmental Technical Services (CT Environmental), the new business will be led by Kellie Vazquez, SVP of CT Environmental. Vazquez has 12 years of experience providing environmental services to the insurance industry.<br /><br />CT Environmental will provide a full range of environmental specialty services to clients throughout the US, from its location in California. The division’s services ‑ all designed to meet the needs of the commercial, industrial, and residential sectors ‑ will include asbestos, lead, mold, bacteria, sewage, and soot assessments, as well as indoor air quality testing.
