Faced with thousands of lawsuits from local governments responding to the opioid epidemic, the makers, distributors, and suppliers of prescription painkillers have turned to their business insurance providers for help.
Claims leaders will need to evolve their mindsets if property & casualty insurers are to succeed in meeting customer demands post-COVID, senior Desjardins Insurance Group execs suggest.
A new University of Missouri study confirmed that sleep disorders elevate crash risk in drivers, especially workers with shift worker sleep disorder (SWSD) who were almost three times more likely to crash than other drivers.
Reversing a federal district court, the Fifth Circuit Court of Appeals recently applied the Texas eight-corners rule to hold that an insurer had a duty to defend a restaurant chain against claims the chain breached its contract with a credit card processor by not preventing hackers from gaining access to its customers’ private information.
I’ve waited for years now to see how insurance might fit with Jeff Bezos’ quote that ‘your margin is my opportunity.’ Amazon’s announcement last week that it will help sellers find product liability insurance through a network facilitated by Marsh may provide the answer.
Awarding summary judgment to an insurer under both liability and directors & officers (D&O) coverage parts, a New Jersey trial court reaffirmed the principle that claims of defective workmanship without resulting ‘property damage’ are not covered under a general liability policy, and further dismissed claims for fraud and breach of fiduciary duty, finding that such claims were inherently intentional and do not state a covered ‘occurrence.’
The Butte County district attorney is investigating whether a drone that reportedly interfered with firefighting aircraft in the crucial first hours of the Dixie Fire was operated by PG&E or one of its contractors.
Pacific Gas & Electric — the Northern California utility responsible for the some of the state’s most devastating wildfires over the past four years — has said its equipment may also be responsible for the still-raging Dixie Fire, which is now the second-biggest wildfire in the history of the state.
The family of the boy who was thrown from the third-floor balcony at the Mall of America in 2019 have filed a lawsuit against the Bloomington facility.
A recent federal appeals court case applying Utah law goes to the heart of the conflict that arises between a policyholder and insurer when an insurer defends a policyholder under a reservation of rights and receives a settlement offer.
Litigation on a range of environmental, social and governance issues, such as climate change, pollution, diversity and CEO pay, is on the rise, putting pressure on companies to proactively manage ESG risks.
