A federal appeals court on Tuesday affirmed a lower court ruling on behalf of Selective Insurance Group Inc. in a coverage dispute with Amerisure Insurance Co. over a construction accident.
A New Jersey appeals court ruled last week that an exclusion for ‘hostile/warlike action’ in insurance policies covering "all risks" didn’t bar a pharmaceutical company’s claim for damages in a cyberattack.
In an issue of first impression, the Ninth Circuit Court of Appeals affirmed summary judgment for Allstate and held that the two-year statute of limitations for bad faith claims arising out of an uninsured/underinsured motorist claim begins to run when the claimant should have known about the insurer’s alleged bad faith acts, rather than when the claim is resolved.
Avoiding Bad Faith Judgements and Nuclear Verdicts: In the ’Rainmaker’, the evil insurance company Great Benefit denies a bone marrow transplant to the dying son of a policyholder. They denied coverage seven times for seven reasons.
A federal jury has awarded a couple in Southwest Georgia $135 million in damages after sediment pollution spilled onto their property from a solar electricity project built nearby.
Louisiana’s Insurance Commissioner has imposed a fine of $2 million on Texas law firm McLenny Moseley & Associates (MMA) and its associated partners for hurricane-related insurance fraud.
In a recent decision from the United States District Court for the Middle District of Florida, Tampa Division, styled KT State & Lemon, LLP et al. v. Westchester Fire Ins. Co. et al., the Court granted summary judgment to the Plaintiffs and held that a series of leaks occurring over a three-month period constituted a single ‘occurrence’ under a specific Builder’s Risk Policy.
With court closures during the pandemic combined with industry turnover, adjusters and carriers are dealing with high case inventories, and both sides want to close cases in the most efficient way possible. One way to accomplish that is to utilize structured settlement annuities, which have become even more valuable with the rise in interest rates.
Indiana recently passed a pioneering law requiring transparency on litigation advance payments, also known as third-party funding, before civil lawsuits go to trial.
As inflation continues to run rampant throughout the United States economy, we have all experienced the effects of supply chain impediments, labor shortages, and increased costs in our daily personal lives. From higher prices at the pump to the cost of milk and eggs, everything is more expensive.
Florida presents property insurers with a unique set of factors that affect the availability and affordability of insurance coverage. The state boasts the third-largest population in America while simultaneously enduring a higher-than-average volume of natural disasters.
St. Charles Parish in Louisiana has sued the Federal Emergency Management Agency (FEMA) over the new Flood Risk Rating 2.0 that went into effect in October 2021.
On April 24, 2021, the United States Supreme Court issued a decision allowing lawsuits filed by municipalities seeking to hold oil companies accountable for harms caused by carbon emissions to move forward in state courts.
