Calif. Insurer Solvency Rule Draws Mixed Reactions On Reach
A proposed California rule to require insurers to report on long-term climate and technological risks could boost oversight of major industry and consumer threats, but experts also said the rule could go further in pushing carriers to be more eco-friendly.
9th Circ. To Weigh Las Vegas Casino's COVID-19 Coverage Bid
The Ninth Circuit is set to hear arguments next week over whether a Las Vegas casino and resort was wrongly denied coverage for losses from the COVID-19 pandemic, setting up another battle over whether the presence of the virus constituted a covered physical loss. Here, Law360 breaks down the case in advance of the hearing.
Citgo Win May Put Focus On Geographical Policy Limits
A Second Circuit ruling affirming a $54 million judgment for Citgo in a coverage dispute over oil cargo lost during political unrest in Venezuela was an unsurprising outcome, a maritime and insurance attorney told Law360, but it may spark carriers to reevaluate or emphasize certain policies' geographical limitations. Here, Jonathan Thames of Nicoll Black Altenbrun & Feig PLLC breaks down the case.
Property More
A construction company facing an insurer's $22.4 million subrogation action over a poultry barn fire said the insurer can't support its causation theory, telling a Nebraska federal court Wednesday "a choice of... (more story)
The Eighth Circuit agreed Wednesday to revisit its previous split decision affirming a Missouri-based apartment complex owner's $27 million jury award against a Travelers unit in a fire coverage dispute.
A nonprofit representing South Carolina's 271 incorporated municipalities can continue to pursue its claims that Geico failed to fully pay certain municipalities nearly $70 million in business license taxes an... (more story)
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A State Farm unit owes a Bayou State condominium complex over $5 million in penalties for its delayed adjustment of the complex's hurricane damage claim despite having satisfactory proof of loss, a Louisiana f... (more story)
Best Buy accused three AXA XL units of failing to properly cover its "multi-million-dollar" settlement of negligence claims over a fatal automobile collision involving an independent subcontractor, telling a M... (more story)
Property insurers for luxury hotel chain Mandarin Oriental can't undo rulings forcing them to turn over documents related to their reserves, but may apply additional redactions to certain privileged legal advi... (more story)
A group of insurers led by Lloyd's of London underwriters has urged a New York federal court to appoint an umpire in an arbitration proceeding over coverage for a Louisiana mall damaged in a 2021 hurricane, ac... (more story)
The Washington Supreme Court will review a state appeals court's decision finding that a Liberty Mutual unit owes no coverage over a restaurant kitchen fire because of the building owners' failure to fully com... (more story)
Penn National Insurance is aiming to recoup costs from Amazon over a North Carolina house fire blamed on a defective, rechargeable vacuum battery the retail giant sold, according to a complaint removed to fede... (more story)
General Liability More
Harco National Insurance Co. breached an insurance contract by refusing a Skanska Balfour Beatty construction venture's request to cover a nearly $3.5 million bond over a subcontractor's alleged lapses while w... (more story)
A gas company's insurer owed no coverage for a suit brought by a customer who was attacked and shot by an employee, an Indiana federal court ruled, saying the suit was not an occurrence under the policy.
A dog training and grooming business's insurer told a Washington federal court it should owe no coverage for two cases and a civil investigative demand from the state attorney general's office relating to cust... (more story)
Two Nationwide insurers said they have no obligation to cover a $7 million default judgment entered against a contractor in an underlying suit over a plumber's head injury, telling an Illinois federal court th... (more story)
Tesla auto insurance policyholders told an Arizona federal court that the insurer has underpaid millions of dollars in claims by failing to comply with statutory requirements governing uninsured and underinsur... (more story)
Husch Blackwell LLP has brought on a Morris Manning & Martin LLP attorney in its Atlanta office, strengthening the firm with an attorney experienced in handling complex insurance coverage litigation and commer... (more story)
An Amerisure unit can't seek reimbursement from reinsurer Swiss Re for defense costs paid in underlying asbestos litigation against a building material manufacturer, the Sixth Circuit affirmed, saying the issu... (more story)
An insurer has no duty to defend a bowling center against claims that it overserved alcohol to a patron who then drove and killed another motorist, a New Mexico federal court ruled, finding that the policy's l... (more story)
As real estate faces increasingly complex considerations — such as climate losses, "nuclear verdicts" and regulatory changes — insurance is evolving into a strategic function that should be discussed early in ... (more story)
Individuals who were injured in a mass shooting at the 2024 Kansas City Chiefs' Super Bowl parade and the event's organizers asked a Missouri federal court to toss an insurer's bid to escape coverage, arguing ... (more story)
Specialty Lines More
A paint and drywall product manufacturer said an Allianz unit can't rely on a pollution exclusion to avoid a dispute over coverage for underlying asbestos claims, telling a Texas federal court that the insurer... (more story)
A U.S. magistrate judge seemed skeptical of an insurer's bid to exclude a witness proffered as a policy expert on financial institution bonds, repeatedly asking Berkley Regional Insurance Co.'s counsel in a Mo... (more story)
An excess insurer for a fuel and chemical transportation company told a Utah federal court it should owe no coverage for an oil tanker collision and resultant crude oil cleanup costs, pointing to what is known... (more story)
Fried chicken fast-food chain Bojangles and one of its largest franchisees are not entitled to defense coverage in an underlying civil suit alleging a restaurant manager sexually groomed and abused two minor e... (more story)
A real estate company's insurer owes no coverage for a $3.4 million settlement resolving an employee's claim that it negligently failed to preserve video evidence of his fall into a sewer pit, an Illinois fede... (more story)
An Indiana-based regional bank told a federal court that its insurer wrongly denied coverage for a roughly $5.3 million loan it issued to an individual impersonating Cleveland Browns tight end David Njoku, cla... (more story)
The Second Circuit revived a property owner and manager's negligence claim against their insurance broker, the Sixth Circuit said an insurer can't relitigate a defense cost reimbursement dispute with a reinsur... (more story)
A quartet of California-headquartered consumer law firms were behind nearly three-quarters of the website tracking and data privacy claims that both large and small businesses have reported to cyber insurer Co... (more story)
Two Michigan Supreme Court justices questioned Wednesday whether the state's tax statutes governing insurance companies exclude key phrases that would allow Nationwide entities to file as a unitary group that ... (more story)
Civil litigators can use artificial intelligence tools to strengthen case assessment and aid in early strategy development, as long as they address the risks and ethical considerations that accompany these use... (more story)