
Cinema Owner Sues Insurer Over COVID-19 Claim Denial, Despite Pandemic Coverage
A local dine-in theater company thought it was prepared for a crisis like COVID-19. When public health officials forced the closure of its nine Houston-area locations in March, the owners thought they were covered.
April 8, 2020
Excess & Surplus Lines
Litigation
Texas

D&O Claims From Covid-19 Likely To Grip Industry For Years
Insurers are bracing themselves for billions of dollars of claims because of legal action over the coronavirus pandemic.
April 6, 2020
Excess & Surplus Lines
Liability
Litigation

Fire Destroys At Least 3500 Rental Vehicles At Florida Airport
A fire that spread through a grassy area of Southwest Florida International Airport has destroyed thousands of rental cars, fire department officials said. The blaze began Friday, spanned 15 acres and originally involved only 20 cars in the grassy rental car overflow area at the airport in Fort Myers, fire department officials said.
April 6, 2020
Auto
Excess & Surplus Lines
Florida

Train Wreck: Deliberate Derailment An Attempt To Strike Coronavirus Relief Ship In Port Of Los Angeles
A train engineer faces federal charges after he allegedly admitted to intentionally derailing a train Tuesday near the USNS Mercy, a ship sent to Los Angeles to ease the burden of hospitals treating coronavirus patients, according to the Department of Justice.
April 2, 2020
Excess & Surplus Lines
Weird

Insurers Fret As Company Bosses Face Coronavirus Legal Claims
Insurers are increasingly worried about shareholders, employees or customers bringing coronavirus-related claims against company executives and are considering excluding the virus from policies which protect the bosses, industry sources say.
April 2, 2020
Excess & Surplus Lines
Liability
Litigation

Car Theft Ring Targets Memphis Area Dealerships
Eight car dealerships in the Memphis metro area have been hit by an auto theft ring in the past 10 days, according to a news release from the Greater Memphis Auto Dealers Association.
April 2, 2020
Auto
Excess & Surplus Lines
Property
Tennessee

New Phishing Scam Plays On Coronavirus Fears
A new phishing scam is playing on the publics fears of the COVID-19 outbreak, according to the worlds largest security-awareness training and simulated phishing platform.
March 31, 2020
Excess & Surplus Lines
Technology

Cannabis Services Reform Stalls
The list of states in which marijuana is legal, either for medical or recreational purposes, is expected to continue to grow in 2020. Legislative efforts are expected to continue in New York and New Jersey, despite falling short the previous year, and in other states there are ballot-initiative campaigns aimed at legalizing recreational marijuana.
March 30, 2020
Excess & Surplus Lines
Legislation & Regulation

Cannabis Insurance Claims Dominated By Inside Theft Jobs
Theft remains by far the biggest concern for both marijuana and hemp businesses in the United States. The nature of the product and its popularity on the black market make it a prime target for petty and organized crime.
March 25, 2020
Excess & Surplus Lines

Beazley: Ransomware Claims More Than Doubled In The Last Year
Ransomware attacks on a prominent insurers client base rose by more than 100% last year, driven by new attacks on healthcare, professional services and financial institutions, according to new figures released Monday.
March 23, 2020
Excess & Surplus Lines

Travel Insurance Probably Won’t Save You From Coronavirus Cancellations
The novel coronavirus outbreak has crippled the travel industry worldwide. Cruises are canceled, major airports are empty and hotel bookings are bottoming out. But is all of the disruption and money lost by travelers covered by trip insurance? Probably not, experts say, even in the wake of a worldwide pandemic.
March 13, 2020
Excess & Surplus Lines
Liability

Dont Burst The Bubble: Underwriting Family Fun Centers
A family fun center is like a bubble of joy. You cross the threshold with your family and friends, and youre transported into entertainment heaven.
March 12, 2020
Excess & Surplus Lines
Liability

Couple Stuck On Princess Cruise Ship Files $1 Million Lawsuit
A Florida couple stuck on a coronavirus-plagued cruise ship is suing Princess Cruise Lines. Ronald and Eva Weissberger are seeking more than $1 million in damages, according to the lawsuit filed Monday in the United States District Court for the Central District of California in Los Angeles.
March 11, 2020
Excess & Surplus Lines
Litigation
California

Understanding Local Pricing Is Crucial For Cannabis Claims
Cannabis businesses face a wide array of risks and obstacles. Arguably one of the main exposures to impact the industry so far is theft. As the medical and recreational cannabis markets continue to expand into new states, theft claims involving cannabis-related stock and/or raw materials are also on the rise.
March 10, 2020
Education & Training
Excess & Surplus Lines

Excess, Surplus Market Seeing More Insurance Submissions
The excess and surplus lines market is seeing a strong flow of insurance submissions as standard markets cut back on coverage, said attendees at the Wholesale & Specialty Insurance Association’s underwriting summit earlier this week.
March 5, 2020
Excess & Surplus Lines



