The Vermont Supreme Court revived a military shipbuilder’s lawsuit for insurance coverage of lost income and extra expenses incurred in dealing with the virus that causes COVID-19, becoming the first state high court to rule for the policyholder in such cases.
  September 27   Reuters Excess & Surplus Lines Litigation Vermont

Lloyd’s of London (SOLYD.UL) has set aside 1.1 billion pounds ($1.26 billion) to pay claims related to the war in Ukraine, the commercial insurance market said on Thursday, as it recorded a first-half pre-tax loss of 1.8 billion pounds. The reserves for the Ukraine claims were net of reinsurance, Lloyd’s said in a statement.
  September 14   Reuters Catastrophe Excess & Surplus Lines

AIG’s National Union Fire Insurance Company has been sued by Sunoco subsidiary Aloha Petroleum for refusing to cover the costs of defending climate-related claims by local governments in Hawaii.
  September 1   Reinsurance News Excess & Surplus Lines Litigation Hawaii

An insurance claim for a Malaysian satellite that ran out of fuel prematurely remains unsettled more than a year after the incident. Some underwriters are disputing Malaysian satellite operator Measat’s $45 million claim to recover losses from Measat-3, an insurance source said, while others have agreed to pay out.
  August 8   SpaceNews Excess & Surplus Lines

As the crypto market crashes, some insurance companies are stepping up efforts to exclude coverage for crypto-related risks under a range of insurance policies. But because crypto is still new, insurers are having a hard time defining and pricing the risk.
  August 5   Bloomberg Law Excess & Surplus Lines Liability Property

Paramount has reached a confidential settlement with Chubb, its insurer, over claims arising from repeated COVID-19 production delays on ‘Mission: Impossible 7.’ The studio sued in August 2021, alleging that the insurer was trying to limit its losses to just $1 million.
  August 1   Variety Excess & Surplus Lines Liability Litigation

After a construction project along Volunteer Parkway in Bristol partially collapsed in late 2020, the project’s owner and insuring agency are at odds due to a disputed payout that could total in the millions of dollars.
  July 27   WJHL Excess & Surplus Lines Liability Tennessee

Are you a lifelong learner looking for a claims professional designation? Do you need professional development engagement? Are you ready to take the next step in your claims career?
  July 7   CLM Magazine Education & Training Excess & Surplus Lines Liability Property Workers' Compensation

Hackers claim to have obtained a trove of data on 1 billion Chinese from a Shanghai police database in a leak that, if confirmed, could be one of the largest data breaches in history.
  July 6   Al Jazeera Excess & Surplus Lines Liability

Several cars of an Amtrak train traveling from Los Angeles to Chicago derailed Monday afternoon after it struck a dump truck at a crossing in northern Missouri, Amtrak announced. More than 200 people were on board the train at the time of the crash, which was first reported about 12:43 p.m. near Mendon, Missouri, according to the Missouri State Highway Patrol.
  June 28   The Kansas City Star Excess & Surplus Lines Liability Subrogation Workers' Compensation Missouri

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