Unpacking the Confusion Around Additional Insured Coverage and Its Legal Implications
With over 700 citations to Burlington v. NYC Transit Auth., the complexity of Additional Insured endorsements sparks widespread legal debates and coverage disputes.
March 8, 2024
Insurance Industry
Legislation & Regulation
Litigation
Risk Management
New York
Record-Breaking $72.5 Million Payout to Bus Accident Victim Marks One of MTA’s Largest Settlements
A landmark $72.5 million judgment has been awarded to Aurora Beauchamp, a cancer patient severely injured by a city bus, marking one of the MTA’s largest payouts.
March 5, 2024
Catastrophe
Legislation & Regulation
Liability
Life & Health
Florida
New York
Family Seeks Justice After Tragic Allergic Reaction Death at Disney Restaurant
A New York doctor’s sudden death due to an allergic reaction at a Disney Springs restaurant sparks a lawsuit against Walt Disney Parks and Resorts.
February 29, 2024
Life & Health
Litigation
Risk Management
Florida
New York
Recent New York Appellate Decisions Impact Insurance Broker E&O Claims
Two pivotal New York appellate decisions underscore the complexities of insurance broker errors and omissions, affecting both agents and clients.
February 28, 2024
Insurance Industry
Legislation & Regulation
Liability
Litigation
New York
Navigating the Complex Landscape of Social Media Account Ownership in Online Marketing
The Second Circuit’s ruling on JLM Couture v. Gutman offers a legal framework for determining social media account ownership, emphasizing original ownership and valid transfers.
February 20, 2024
Insurance Industry
Litigation
Risk Management
Technology
New York
Swiss Re CEO Highlights Climate Crisis as Major Factor in Rising Insurance Costs
The CEO of Swiss Re underscores the need for fair risk valuation amid rising insurance costs, pointing to climate change as a significant driver of recent price adjustments.
February 19, 2024
Catastrophe
Insurance Industry
Risk Management
California
Colorado
Florida
Idaho
New Jersey
Allstate Reports Significant January Catastrophe Losses Amid Auto Rate Hikes
With January’s pretax catastrophe losses hitting $276 million, Allstate outlines its strategy on auto rate increases and its impact on premiums.
February 15, 2024
California
Illinois
New Jersey
New York
Texas
Navigating the New Landscape of Workers’ Compensation Laws in 2024
With a series of legislative updates in 2024, workers now have enhanced protections and benefits, addressing issues from COVID-19 to mental health support.
February 15, 2024
Legislation & Regulation
Risk Management
Technology
Workers' Compensation
California
Connecticut
Illinois
New York
Oregon
New York City on the Brink of Its Largest Snowstorm in Two Years
New York City anticipates a major winter storm, possibly marking the most significant snowfall event since January 2022.
February 13, 2024
Catastrophe
Risk Management
Connecticut
Massachusetts
New Jersey
New York
Pennsylvania
Few States Actively Combating Increased Hurricane Risk Despite Rising Frequency
With hurricanes becoming three times more frequent over the past century, only a handful of U.S. states are stepping up with effective risk reduction strategies.
February 12, 2024
Catastrophe
Marine
Property
Risk Management
Louisiana
New York
Florida Bar Greenlights AI Use with Ethical Guardrails for Legal Practice
In a pioneering move, the Florida Bar approves AI for legal use, setting ethical standards to guide lawyers in harnessing AI technology responsibly.
February 2, 2024
Legislation & Regulation
Technology
California
Florida
Illinois
Kentucky
Minnesota
Discover the Next Generation of Insurance Talent with Rising Stars in Commercial Brokering
Meet Emily Weiss Schaffer, a 2023 Fine Arts Power Broker, and explore her journey and insights into the world of fine art insurance.
February 2, 2024
Education & Training
Insurance Industry
Life & Health
Risk Management
New York
Proposal to Introduce Pet Insurance in New York Gains Momentum
New York legislators aim to join other states in offering pet insurance, with proposed bills focusing on regulatory frameworks and consumer protection.
January 30, 2024
Legislation & Regulation
Life & Health
Property
California
Maine
Mississippi
New York
Washington
New York Proposes Guidelines for Fair AI Use in Insurance Underwriting
New York’s Department of Financial Services proposes new guidelines to ensure AI and external data in insurance underwriting don’t lead to unfair discrimination, emphasizing consumer protection.
January 18, 2024
Insurance Industry
Legislation & Regulation
Risk Management
Technology
New York
New York Governor Vetoes Bill Banning Noncompete Agreements, Keeping Current Laws in Place
Gov. Kathy Hochul’s veto of a bill to ban noncompete agreements in New York maintains the status quo, balancing business interests and worker rights.
January 12, 2024
Legislation & Regulation
Risk Management
New York
