Tesla Insurance Policyholders Face Delays and Challenges in Claims Process
Tesla Insurance customers report significant delays in claims processing and difficulties in communication, reflecting challenges in the insurer’s service.
November 21, 2023
Auto
Insurance Industry
Liability
Litigation
California
Maryland
Ohio
Fans Sue Over Disrupted Las Vegas Formula One Practice Session
Formula One enthusiasts file a lawsuit against Las Vegas Grand Prix organizers for forcing early exit before practice session, seeking $30,000 in damages.
November 20, 2023
Insurance Industry
Liability
Litigation
Risk Management
Nevada
Former Museum CEO Files Countersuit Over Basquiat Forgery Scandal in Florida
Amidst the forgery scandal involving Jean-Michel Basquiat paintings, the ex-CEO of a Florida museum countersues over allegations of wrongful termination and defamation.
November 17, 2023
Fraud
Liability
Litigation
Property
Florida
Vegas Casinos Hit by Major Cyberattacks: MGM and Caesars Face Severe Consequences
MGM Resorts and Caesars Entertainment face severe fallout from major cyberattacks, highlighting the critical importance of cybersecurity in today’s digital age.
November 17, 2023
Fraud
Liability
Risk Management
Technology
Nevada
Rising ESG and Cyber Risks Transform the Landscape of Professional Liability Insurance
Environmental, social, governance risks and escalating cyber threats are redefining professional liability insurance, influencing rates and litigation trends.
November 17, 2023
Legislation & Regulation
Liability
Risk Management
Technology
Illinois
Use of Onboard Cameras in Fleet Vehicles Touted as Key to Mitigating Liability Risks
In the face of rising nuclear verdicts, risk experts from Crum & Forster advocate the use of cameras in fleet vehicles to minimize liability and enhance safety.
November 17, 2023
Auto
Liability
Risk Management
Technology
Ohio
Insurance Industry Demonstrates Generosity with Over $1 Billion in Charitable Giving in 2022
Insurance industry’s 2022 charitable endeavors exceed $1 billion, highlighting commitment to philanthropy and community support.
November 16, 2023
Education & Training
Liability
Life & Health
Risk Management
Generative AI in Legal and Insurance Fields: A Balancing Act of Trust and Caution
AI’s growing presence in law and insurance raises questions of reliability and the balance of technology and human judgment.
November 16, 2023
Education & Training
Liability
Litigation
Technology
New York
Ohio Court Reopens Dog Bite Claim, Questions Homeowners’ Insurance Policy Exclusion Clarity
An Ohio appellate court has reignited a dog bite case, questioning the clarity of a homeowners’ insurance exclusion policy regarding dogs with a history of violence.
November 15, 2023
Legislation & Regulation
Liability
Litigation
Property
Ohio
West Virginia Supreme Court Rules for Continuous Trigger in Long-Tail Illness Claims Against Insurers
West Virginia Supreme Court’s ruling mandates insurers to cover long-tail illness claims, emphasizing the continuous trigger theory for policies expired years prior.
November 15, 2023
Legislation & Regulation
Liability
Litigation
Risk Management
West Virginia
SpaceX’s Workplace Safety Under Scrutiny Amid Rising Injuries and Regulatory Lapses
SpaceX’s rapid growth and technological advancements are overshadowed by rising worker injuries and weak regulatory responses, highlighting major safety concerns.
November 14, 2023
Legislation & Regulation
Liability
Risk Management
Workers' Compensation
California
Florida
Texas
Washington
Canopius Group Expands Cannabis Insurance Products to Include Transportation Coverage
Canopius Group broadens its cannabis insurance offerings to include coverage for the transportation of cannabis-related products, aligning with legal frameworks.
November 14, 2023
Legislation & Regulation
Liability
Risk Management
GE Aerospace Settles for $9.4 Million Over Inspection Lapses in Military Equipment
GE Aerospace settles with the federal government for $9.4 million over claims of inadequate inspections and nonconforming parts in military equipment.
November 13, 2023
Legislation & Regulation
Liability
Risk Management
Technology
Massachusetts
Ohio
Cyber Insurance Market Emerges as a Highly Profitable Sector Despite Rising Ransomware Attacks
Amid a surge in ransomware attacks, the cyber insurance market remains highly profitable with strong growth potential, demonstrating resilience in the face of evolving cyber threats.
November 13, 2023
Liability
Risk Management
Technology
Underwriting
Florida Insurance Agent Charged in Major Fraud Case Involving Over $130K and Hurricane Ian Claims
A Palm Beach insurance agent’s arrest for fraud casts a shadow on the trust placed in industry professionals.
November 8, 2023
Catastrophe
Fraud
Liability
Property
Florida
