Insurers Likely On The Hook For Millions After ‘Rust’ Shooting Tragedy

Alec Baldwin the actor, who pulled the trigger on a prop gun while filming ‘Rust’ in New Mexico and unwittingly killed a cinematographer and injured a director, likely won’t be held criminally or civilly liable for the tragedy.
October 26, 2021 Liability Litigation New Mexico

Home Insurance Costs Spike After Lawsuits

Home insurance costs rise an average of 21% after a lawsuit, according to a new study by ValuePenguin. However, while home insurance rates increase on average after personal liability claims in every state, the amount premiums jump varies by location.
October 25, 2021 Liability Property

Boldly Insure Where No One Has Gone: The Space Industry

Space today has become big business that will only expand thanks to the excitement and focus driven by the likes of Bezos, Branson and Musk.
October 21, 2021 Liability

How To Avoid Major E&O Claims

With the continuing pandemic, insurance market conditions are ripe for a surge in agent/broker errors and omissions (E&O) claims.
October 15, 2021 Excess & Surplus Lines Liability

Best Insurance Companies In America For 2022

Forbes has released its list of the Best Insurance Companies in America for 2022, which examined over 4,200 insurers but named only 90 on its list.
October 14, 2021 Auto Liability Property

Allstate To Sell Chicago Headquarters As Employees Work Remotely

With 95% of its employees working remotely during the pandemic, insurance giant Allstate is selling its longtime Northbrook, Ill. headquarters.
October 11, 2021 Auto Liability Property Illinois

Horse Farm’s Insurer Will Have To Defend An Off-Site Golf Cart Accident

St. Charles Farms, a horse farm and equestrian center in St. Charles, Ill., offered off-site trail riding events on different forest preserves several times a year.
October 8, 2021 Liability Litigation Illinois

Judge Rules Exclusion Doesn’t Bar Coverage In Willis Towers Watson D&O Case

In a win for policyholders, a federal court has ruled that a ‘bump-up’ exclusion in a directors and officers policy did not bar coverage for the insureds’ almost $100 million settlement of two actions relating to a 2015 merger.
October 7, 2021 Liability Litigation Delaware

Court Holds Claims-Made-And-Reported Reporting Requirement Not Waivable

Under a claims-made-and-reported insurance policy, an insurer may disclaim coverage if the insured fails to report a claim made against it to its insurer during the policy period (or extended reporting period).
September 28, 2021 Liability Litigation New York

Judge Says Multi-Million Dollar Murdaugh Insurance Policy Doesn’t Cover Boat Crash That Killed Teen

A federal judge last week ruled that a Pennsylvania-based insurance company is not on the hook for any potential liabilities generated by suspended South Carolina attorney Richard Alexander ‘Alex’ Murdaugh or his son Richard Alexander ‘Buster’ Murdaugh, Jr. in connection with the death of a teen in a 2019 boating accident.
September 27, 2021 Liability Litigation South Carolina

Crawford Executive Named Woman Of The Year At Global Business Awards

Crawford & Company, the world’s largest publicly listed independent provider of claims management and outsourcing services to carriers, brokers and corporations, has announced that Marie Velez, vice president of finance at Crawford & Company in Latin America, has been named Woman of the Year at the Stevie International Business Awards.
September 24, 2021 Auto Catastrophe Excess & Surplus Lines Liability Property

Boys Scouts Settlement Reached With Primary Insurer

One of the primary insurers of Irving-based Boy Scouts of America announced Tuesday that it has reached a tentative settlement agreement with the organization and with attorneys representing tens of thousands of men who say they were molested decades ago by scoutmasters and others.
September 16, 2021 Liability Litigation California

New York City’s Biometric Law Opens The Door To Significant Civil Liability

On July 9, 2021, New York City’s Biometric Identifier Information law went into effect, implementing a host of regulations regarding the collection, use, and sale of biometric data by commercial establishments in the five boroughs.
September 13, 2021 Legislation & Regulation Liability New York

Climate Change And Product Liability

Search ‘climate change and insurance’ on the internet, and there will be no lack of information on the intersection between global warming and property insurance.
September 9, 2021 Liability Litigation

One Step Forward In Texas

There is hope on the horizon for Texas contractors that, for decades, have borne liability for construction defects in owner-furnished contracts.
September 8, 2021 Legislation & Regulation Liability Texas
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