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.
March 3, 2023 Matthiesen, Wickert & Lehrer, S.C.AutoSubrogation
Pro Football Hall of Famer Michael Irvin and hotel chain Marriott International continue their legal battle following an incident during Super Bowl week in Phoenix. Marriott previously filed a motion asking a federal judge to dismiss Irvin’s $100 million defamation lawsuit and Tuesday asked a judge to deny Irvin’s request for expedited release of hotel video footage.
Louisiana Republican gubernatorial candidate Sen. Sharon Hewitt is promising to shut down all coastal litigation involving alleged damage from energy companies.
Looks like some of Tesla’s shareholders are feeling betrayed by Elon Musk and his merry band of executives. Investors have filed a lawsuit accusing the company of exaggerating the capabilities of its self-driving tech and putting people’s lives at risk.
It has been heartening--especially over the last few years--to see more founders and investors take an interest in the U.S. workers’ compensation and safety innovation sector. Why?
Nissan has notified the National Highway Traffic Safety Administration (NHTSA) that it is recalling 712,458 Rogue and Rogue Sport SUVs in the United States over a problem with the ignition key. The key is a "jackknife" design that can collapse while the vehicle is moving, potentially causing it to shut off, Nissan’s filing states.
As the world at large moves towards compliance with environmental, social, and governance (ESG) principles, it is inevitable that some companies will try to ‘game the system’ to better appeal to their respective industries without incurring the costs associated with such changes.
Artificial intelligence is an awesome tool -- if you recognize its limitations and work around them. Google didn’t. And it paid dearly. As you may have read, Google executives gathered on Feb. 7 to tout Bard, what’s known as a "generative AI," a la the more famous ChatGPT, as the future of the company.
February 28, 2023 Insurance Thought Leadership Technology
Rising losses in the property and casualty insurance sector can partly be attributed to the increasing frequency and intensity of large natural disasters, as well as the movement of populations to regions more susceptible to catastrophes.