Although American inventor and Founding Father Benjamin Franklin was not referring to insurance when he penned the famous words 'time is money,' today's risk managers should take the expression to heart if they wish to reduce their companies' claims costs.

Directors and officers face a slew of challenges on all fronts as businesses emerge from the COVID-19 crisis into a new risk environment.

An issue that often arises when an insurer is determining whether a policy provides coverage for bodily injury or property damage under a liability policy is the number of occurrences that may be triggered under the policy.

Eleven people were injured, two critically, when an elevated deck of a Tennessee waterfront restaurant collapsed during a birthday party group photo, authorities said.

Across California, property owners and their 'burn bosses' are setting fires. When the weather is cool, calm and wet enough, these planned forest fires are designed to clear overgrown vegetation that could accelerate a wildfire in dry months.

Seven people face criminal charges in Fargo for allegedly running a car insurance fraud ring where they crashed into each other's vehicles and collected insurance money for profit.

On continuous environmental-injury cases, commercial liability insurers are being sued to pay hundreds of millions of dollars more than their proportionate share, and insurer bad faith is not the basis for the disproportionate liability in these cases.

After years of legal dispute, The Hartford has entered into a settlement agreement and release with the Boy Scouts of America (BSA), wherein the insurer would pay $650 million (before tax) for sexual abuse claims against the BSA associated with policies mainly issued in the 1970s.

Gallatin County and a snowplow driver who was involved in a 2017 collision have filed a complaint in federal district court against Atlantic Special Insurance Company, alleging that the insurer acted in bad faith and breached its contract with the county.

Four drugmakers are set to face trial on Monday in a lawsuit by several large counties in California that are seeking more than $50 billion over claims the companies helped fuel an opioid epidemic by deceptively marketing addictive painkillers.

In the year of 'pandemic pets,' homeowners' dog-bite injury claims fell overall, but the total cost of claims spiked to a record level, according to a new analysis of 2020 data from the Insurance Information Institute (III) and State Farm.

In Hinojos v. State Farm Lloyds, the Supreme Court of Texas addressed liability under the Texas Prompt Payment of Claims Act (the 'TPPCA') when an insurer timely pays only part of a claim.

As the role technology plays in our personal and business lives evolves, so, too, does the liability risk to those individuals and companies that create, design, implement, and service the technology that we rely so heavily on.

Officials say drones may have detected a second breach in a Florida wastewater reservoir containment wall that could collapse -- creating what the governor has called a "real catastrophic flood situation."

Throughout my career in practicing insurance-defense litigation, primarily representing developers, general contractors, and homebuilders in construction-defect and construction-accident matters, the most critical key to success has been the ability to identify and transfer risk to the culpable parties.