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.
Huntington Ingalls Industries is suing some of the world’s biggest financial firms to recover losses suffered due to COVID-19 at its shipyards, including Newport News Shipbuilding.
A federal appeals court Tuesday reversed a lower court decision and ruled in favor of Admiral Insurance Co. in litigation over a settlement reached in a case involving a railroad worker’s injury.
A proposed class-action lawsuit has been filed against the companies who run the oil line that dumped hundreds of thousands of crude oil off the coast of California over the weekend.
A federal jury in Los Angeles awarded $6.3 million to actor Shannen Doherty on Monday in a lawsuit alleging that State Farm failed to pay sufficiently for damage to her house in a 2018 California wildfire.
We are at the precipice of a potential upheaval in workers’ compensation recovery rights in the Aloha State. The Hawaii Supreme Court is about to decide whether equitable considerations and defenses to subrogation—such as the common law Made Whole Doctrine or Common Fund Doctrine—are to be applied to statutory workers’ compensation liens.
When COVID-19 breached the U.S. shores, every business with in-person interaction had to reassess how to proceed without risking disease exposure. This included the entertainment industry.
Effective January 1, 2022, Arizona will become the first state to eliminate the use of peremptory challenges in jury selection in both criminal and civil trials—including the trial of subrogation cases.
On September 27, 2021, Judge Jose Martinez of the U.S. District Court for the Southern District of Florida granted summary judgment in favor of Scottsdale Insurance Company in LMP Holdings Inc. v. Scottsdale Ins. Co., case no. 20-24099. The case arose out of a Hurricane Irma claim reported more than two years after the storm.
Five Texas police officers are suing Tesla Motors after being hit by the electric car company’s Model X — which was operated by a user in its so-called ‘autopilot’ mode.
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).
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.
CAA has filed a lawsuit against an insurance company in what has become the latest instance of a media and entertainment organization suing an insurer for denying payment on loss claims regarding pandemic shutdowns.
The Court of Appeals of Georgia recently held that an insurer’s reliance on the report of an independent consultant creates a presumption that it did not act in bad faith in denying coverage.