Affordable Housing Pros See Promise In NYC-Backed Insurer
A New York City-backed program to offer property and liability insurance to affordable housing operators is a promising approach to reducing a key operating cost for landlords that don't have the flexibility of market-rate operators to increase rents, affordable housing experts said, but details of the plan remain scant.
Pa. Risk Pool Clarifies Coverage Hole For ICE Deals
An insurance risk pool in Pennsylvania is tightening policy exclusions for claims related to local law enforcement supporting federal immigration officials.
Climate-Insurance Bills Gain Steam In California, Hawaii
Lawmakers in California and Hawaii are advancing insurance bills that would create new causes of actions against oil companies and expand last-resort coverage. Here, Law360 Insurance Authority breaks down the developments.
Property More
A group of property owners and their insurer agreed Thursday to end their lawsuit over allegedly defective dehumidifiers manufactured by Chinese company Gree Electric Appliances Inc. ahead of a planned jury trial in August.
Two State Farm units don't belong in a Florida couple's suit over reimbursement for unearned premiums following a total loss, the Eleventh Circuit found, while reviving the couple's breach of contract claim ag... (more story)
Law360 Insurance Authority talks to Rema Matevosyan, CEO of aerial imagery company Near Space, about the limitations of conventional imaging and how newer methods can assist insurers and policyholders.
State Farm doesn't owe uninsured motorist coverage, an Ameritas policy is an illegal life wager, and a Georgia attorney accused of fraud isn't entitled to professional liability coverage. Law360 has the past w... (more story)
Private equity firms are looking to invest in joint ventures with real estate investment trusts in order to put some of their vast sum of insurance capital to work.
State Farm doesn't owe uninsured motorist coverage to two women who were hurt in a rollover crash after one swerved to avoid a pedestrian on an interstate, the Tenth Circuit ruled, finding their injuries weren... (more story)
Two contractors acted negligently while performing work at a neighboring property to the Ritz-Carlton Denver that resulted in an uncontrolled release of water entering the hotel, the hotel's owner and insurers... (more story)
Lemonade will pay $10.5 million to settle with a proposed class of over 190,000 individuals who said the tech-forward insurer's online quote platform negligently disclosed their drivers' license numbers to cyb... (more story)
A Washington federal judge held she made a "mistake" when she rejected arguments that an insurer acted in bad faith by declining to defend a now-defunct timeshare exit company from a consumer protection class ... (more story)
New York City Mayor Zohran Mamdani has announced that the city will launch a publicly backed insurance program for rent-stabilized and affordable housing owners, who have struggled with skyrocketing insurance ... (more story)
General Liability More
The Ninth Circuit on Thursday revived a California county's suit seeking coverage of up to $162 million for environmental remediation efforts at an airport, reversing a lower court ruling that the policies wer... (more story)
An insurance broker submitted forged documents while obtaining an adjustment on a transportation company's insurance policy, causing it to lose coverage it needed to do business with a Washington, D.C., region... (more story)
An AIG unit told a California federal court that it owes no coverage for a $5.4 million award against a subcontractor for the cost of repairing and replacing an allegedly defective sprinkler system in a Las Ve... (more story)
An insurer for a roofing company owes no coverage for a wrongful death suit brought by the estate of a contractor who suffered a fatal fall on the job, a Kentucky federal court ruled, saying that the contracto... (more story)
Kemper Corp. was hit with at least three proposed class actions Monday in Illinois federal court by former employees who alleged that the insurance giant failed to stop a preventable cyberattack led by the hac... (more story)
A Wisconsin-based insurer has sued the law firm it hired to defend an auto policyholder in a crash suit, telling a California federal court that the firm's inadequate representation has cost it more than $2.2 million.
A solar energy contractor agreed to drop its suit accusing a pair of Zurich insurers of defaulting on a $30.9 million bond that guaranteed the performance of a subcontractor working on a solar plant in Klickit... (more story)
The insurer for a Florida lodge did not act in bad faith when handling an estate's claim over a fatal shooting that occurred at the Fort Pierce property in 2015, a federal jury found.
An Illinois federal judge declined to certify a class of Progressive Insurance customers who claimed the insurer underpaid on their total-loss vehicle claims by adding a downward pricing adjustment, ruling tha... (more story)
A Connecticut municipal risk agency claimed a local town and board of education must receive coverage from National Interstate Insurance Co. after the town and board were named in an underlying school bus sexu... (more story)
Specialty Lines More
A Georgia attorney's professional liability insurer owes no coverage for an underlying suit alleging the lawyer conspired with a client to enrich themselves from a litigation funding company by claiming a fict... (more story)
A Travelers unit urged a Texas federal court to find it owed no coverage for a $2.3 million judgment entered against a real estate broker over claims it negligently permitted a contractor to enter a property a... (more story)
A Delaware federal court voided a life insurance policy as an unlawful wager on a now-deceased Florida woman's life, finding that Ameritas Life Insurance Corp. is entitled to retain the policy's $10 million de... (more story)
A litigation funding firm has accused its insurer of wrongfully refusing to pay out its policy's guaranteed $200 million in coverage for an unpaid loan, saying the insurer buried it in duplicative and burdenso... (more story)
A private equity-backed hospital management company can't tap into its $25 million excess professional liability insurance for several underlying lawsuits until it forks over its $5 million self-insured retent... (more story)
Financial institutions should reassess and, if necessary, strengthen existing policies, procedures and other frameworks related to whistleblowers and internal reporting in light of the Financial Crimes Enforce... (more story)
When a trademark lawsuit lands on a general counsel's desk, the instinct is to tender it to the insurer, but that model often breaks down in intellectual property litigation, where the stakes extend far beyond... (more story)
A Vermont court confirmed a $13 million arbitration win, a Washington federal court relieved an insurer from defending a former coach accused of sexual harassment, and a Colorado federal court denied a quick w... (more story)
The securities litigation landscape in 2026's first quarter was defined by higher filing frequency and increased litigation exposure with rising average settlement values, meaning issuers should maximize data-... (more story)
As cryptocurrencies move deeper into mainstream financial markets, courts tasked with determining whether traditional insurance policies respond to digital asset losses have been evaluating coverage through th... (more story)