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If The Federal Government Legalizes Cannabis, Here Are The Insurance Implications

If The Federal Government Legalizes Cannabis, Here Are The Insurance Implications

In his 2015 stand-up special The Comeback Kid, stand-up comedian John Mulaney joked that the government had '[become] like cool parents' when it came to marijuana. It's a claim many an onlooker would agree with.
November 17, 2021 Excess & Surplus Lines Legislation & Regulation Liability Property Workers' Compensation

Some States, Insurers Limit Dog Breed Discrimination For Homeowners Policies

Some States, Insurers Limit Dog Breed Discrimination For Homeowners Policies

When it comes to homeowners insurance, a lot of policies leave certain 'aggressive' dog breeds out in the cold. Now, animal advocacy groups, that's starting to change. For years, most insurers have limited coverage or downright denied policies to homes in which there's a dog they deem to be of a potentially dangerous breed.
November 10, 2021 Legislation & Regulation Liability Illinois Nevada New York

With Violent Crime Up, Negligent Security Is A Looming Hazard

With Violent Crime Up, Negligent Security Is A Looming Hazard

While property crime (except for car theft) has been on the decline, the United States has been experiencing a worrying surge in violent crime since the start of the pandemic.
November 8, 2021 Liability

Lawsuits Stream In Over The Deadly Tragedy At The Travis Scott Concert

Lawsuits Stream In Over The Deadly Tragedy At The Travis Scott Concert

Houston's Astroworld Festival is now considered one of the deadliest concerts in U.S. history. Eight people are dead and many more injured after the crowd surged as the festival's headliner, Travis Scott, performed Friday night.
November 8, 2021 Liability Litigation

Physicians’ Risks Of Covid-Related Malpractice Suits

Physicians’ Risks Of Covid-Related Malpractice Suits

Since the Covid-19 pandemic's emergence, coronavirus-related negligence cases have appeared, leaving physicians, liability insurers, and malpractice attorneys anxious.
October 29, 2021 Liability Litigation

The COVID-19 Vaccine Mandate Debate

The COVID-19 Vaccine Mandate Debate

The Biden administration introduced a new COVID-19 Action Plan on September 09, called 'The Path Out of the Pandemic,' which includes measures to reduce the number of unvaccinated Americans through regulatory powers and authorities.
October 28, 2021 Legislation & Regulation Liability

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

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 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

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

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

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

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

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

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

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
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