Canada's New PM Seen As Leader Conscious Of Climate Risk
As the former central banker Mark Carney assumes leadership over Canada's government, experts are pointing to his comments on climate change risks to insurers as a watershed moment in appreciating the financial risks of a warming planet.
Allstate Unit Data Breach Row Signals Shifting Cyber Risks
A New York attorney general suit against an Allstate unit is raising concerns about more aggressive state enforcement and data breach risks from insurers while emphasizing existing cyber risk and coverage issues that have long plagued policyholders.
Meet The State Rep. Working To Bring Firearm Insurance To Ill.
As state and local governments consider the ways in which insurance can be used to regulate firearm use, Rep. Bob Morgan is leading the charge in Illinois, creating a task force to bring insurance experts and other related leaders together to formulate liability insurance for firearm owners. Here, Law360 speaks with Morgan as he works to discover whether a stand-alone policy or special endorsement can be used by individuals to promote safer firearm practices within the state.
Property More
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A group of insurers is urging the Fifth Circuit to send its dispute with a Louisiana municipality over coverage for property damage caused by a pair of Category 4 hurricanes to arbitration, despite an opposing... (more story)
A Louisiana federal judge again refused to find that the insurer of a suburban New Orleans commercial property acted in bad faith in denying to cover $220,000 in damage Hurricane Ida allegedly caused in 2021.
A Detroit cannabis farm and its insurance company have agreed to drop a lawsuit alleging a host of lighting and gardening equipment manufacturers negligently designed and marketed their products, after a grow ... (more story)
The California Department of Insurance on Friday provisionally approved State Farm's request for an emergency rate hike following the Los Angeles fires, including a nearly 22% increase for homeowners, saying f... (more story)
A Pensacola Beach condominium complex told a Florida federal court that it is entitled to recover attorney fees and other costs associated with what it alleged was its insurers' failures to fairly handle its c... (more story)
A married couple accused State Farm Fire and Casualty Co. in Ohio federal court of wrongfully denying coverage after their home was damaged by wind and a hailstorm.
General Liability More
Two insurers for a "take 'n' bake" pizza chain have settled a dispute over their contributions to a deal reached by their mutual insured in an underlying case over salmonella-tainted cookie dough, with a Washi... (more story)
North Carolina's business court has largely rejected a majority shareholder's efforts to curtail claims he seized control of a captive insurance company only to run it into the ground, finding the suit suffici... (more story)
The insurer for a contractor can't get help from third-party insurers to pay an $8.5 million judgment for alleged shoddy workmanship on a 2005 condo project because a settlement agreement released them from al... (more story)
An insurer wouldn't have been forced to pay 64 times its policy limit after a deadly crane collapse in Seattle were it not for its attorneys at Williams Kastner, the carrier told a Washington state court, accu... (more story)
The Fifth Circuit reversed on Friday a decision finding a bar's insurer had to pay only $1 million of a $3.2 million judgment because a settlement demand letter was too vague, saying the lower court should hav... (more story)
A Michigan-based insurance company has asked a Florida federal court to declare that it doesn't owe coverage in a claim stemming from a condominium worker's death after falling five stories, asserting that its... (more story)
Specialty Lines More
A flooring company's insurer has no duty to cover roughly $134,000 in costs to remove and replace a vinyl floor because of a subcontractor's shoddy painting, the Eighth Circuit ruled Wednesday, rejecting the c... (more story)
Three excess insurers told a California federal court they should owe no coverage toward a $40 million settlement a third-party administrator of a church retirement's plan reached to resolve class action claim... (more story)
Several unlicensed individuals submitted hundreds of fraudulent charges for services provided to Geico-insured car accident victims, the insurer has alleged in New York federal court, claiming it lost more tha... (more story)
An Illinois federal court refused to rethink its finding that an insurer needn't cover a $666,000 attorney fee award against a nursing home operator in a wrongful death suit, saying in an amended ruling that t... (more story)
Lower court proceedings can still continue as a class member appeals the final approval of a $24 million settlement over claims that Travel Guard Inc., AIG and certain AIG units improperly added fees in travel... (more story)
Online counseling company BetterHelp told a California federal court that its insurer must cover a $7.8 million Federal Trade Commission payment and must defend it in underlying litigation brought by consumers... (more story)
A Zurich unit had no duty to defend a travel agency accused of negligence in connection with an overnight school trip where a student, court papers allege, was bullied and sexually abused by classmates, a Flor... (more story)