Claims News Recap
June 24th - 28th, 2019
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Friday, June 28th, 2019
Major corporations and their insurers should be shaking in their boots when it comes to their casualty insurance. The severity of claims related to large corporate risks (LCR) has increased in the past decade, and not by an insignificant degree....
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Thursday, June 27th, 2019
CLM’s newly formed Cannabis Committee aims to promote education on claims and litigation management relative to all aspects of the cannabis industry, including current legal and regulatory compliance, claims handling, and litigation management best practices that are unique to this highly regulated and quickly expanding industry....
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Wednesday, June 26th, 2019
A leading record company is under fire after a 2008 blaze destroyed music by big-name stars. Universal Music Group was hit with a $100 million lawsuit by grunge group Soundgarden, the estates of rapper Tupac Shakur and rocker Tom Petty, and others over the fire at Universal Studios Hollywood more than a decade ago....
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Tuesday, June 25th, 2019
It was getting late, but the Landstown High School student wanted to make sure his uniform looked perfect. The next morning, senior Cade Anderson would participate in a JROTC drill competition in Prince William county. As his roommate slept, he decided to hang his jacket on a sprinkler head in his hotel room and properly affix all of his ribbons and medals, an attorney said....
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Monday, June 24th, 2019
What happens when your client’s property is damaged and the insurer disagrees with the claimant on how much work is needed to restore it? Some of these claims disputes can result in lawsuits, when the claimant brings the insurer to court alleging breach of contract....
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