State Farm Fire and Casualty Co. has agreed to pay the federal government $100 million for potential liability over its handling of flood insurance claims after Hurricane Katrina, settling a lawsuit that two whistleblowers filed against the company more than 16 years ago.

Last month, thieves stole millions of dollars’ worth of jewelry from a Brink’s tractor-trailer in a late-night heist, and according to a new lawsuit filed by the security company, one of the drivers was asleep inside the vehicle during the robbery.

In Saoud v. Everest Indemnity Insurance Co., the Sixth Circuit Court of Appeals held that an ‘unregistered security exclusion’ barred coverage for various underlying lawsuits under a professional liability policy.

Families along Upper River Caney and Lower River Caney roads recall how the floodwaters that rushed through their narrow hollow turned from a muddy brown to a charcoal gray late last month.

Much of the law surrounding extra-contractual or bad faith liability for insurance carriers centers on whether the insurer has properly discharged its duties to its insured early in a claim, such as by agreeing to defend the insured in a newly filed lawsuit.

A Gwinnett County jury unanimously imposed a $1.7 billion verdict, the largest in state history, against Ford Motor Co. on Friday in a wrongful death lawsuit stemming from a 2014 rollover crash that killed a Middle Georgia couple.

Residents in the McKinney fire burn area sued PacifiCorp this week, alleging that sparks from the utility’s high-voltage transmission lines and other equipment ignited the deadly blaze last month near the California-Oregon border.

It appears that there is a growing trend throughout the United States that is reducing barriers and making it easier for insureds to establish their bad faith claims against their insurers, thereby expanding the scope of an insurer’s potential exposure to claims of bad faith.

Social inflation, or the rise of insurers’ costs to cover claims above general economic inflation, is a growing threat to insurance affordability. The struggle to quantify social inflation’s causes is one reason policymakers have yet to reduce its impact.

Verdict amounts across the country are on the rise, due in part to the phenomenon of social inflation and the success of reptile theory-style arguments. An insurer’s potential extra-contractual liability for these verdicts and related damages continues to substantially increase a carrier’s exposure in litigation.

Aloha Petroleum, a subsidiary of oil and gas giant Sunoco, has sued an AIG unit, accusing the insurer of breaching insurance contracts by refusing to defend it in a pair of lawsuits filed by the Hawaiian government alleging that the gas chain contributed to climate change.

When a computed tomography (CT) scanner was destroyed as a result of two fires at a storage facility, claims were presented and suits filed against the warehouse, Blocker Storage. Associated paid its limit of liability and received a release from the insured for Associated and all of the related companies.

The general liability market has changed beyond recognition since the start of the COVID-19 pandemic. Ever-increasing economic and social inflation, medical expenses and litigation financing have all resulted in spiraling claim losses and legal costs, which continue to outstrip rates.

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.

A Delaware bankruptcy judge has approved parts of the Boy Scouts of America’s reorganization plan but rejected other provisions, saying in a recent ruling that the organization has ‘decisions to make.’ One part Judge Laurie Selber Silverstein refused to approve was $250 million coming from The Church of Jesus Christ of Latter-day Saints to help settle claims alleging child sexual abuse by Scout leaders.