Property

  • February 20, 2025

    NFIP Flood Claim Borrowing Raises Viability Concerns

    FEMA's recent announcement that it was borrowing $2 billion from the U.S. Treasury to pay National Flood Insurance Program claims related to Hurricanes Helene and Milton emphasizes the insurance program's need for reform amidst threats of agency cuts under the Trump administration, experts say.

  • February 20, 2025

    Insurance Litigation Week In Review

    State Farm was asked to justify desired rate hikes in California after recent fires, Zurich said the LA fires would cost it over $200 million, an insurer got out of covering a blaze because of a policyholder blunder and a hydrofracking exclusion can't prevent an insurer from covering a fatal fire. Here, Law360 takes a look at the past week's top insurance news.

  • February 19, 2025

    Fla. Court Won't Revive Property Manager's COVID Claims

    A Florida state appeals court on Wednesday said a lower court correctly ruled that a Miami property management company's insurance policy did not cover losses caused by COVID-19 closures because government shutdown orders were not specific to the business.

  • February 19, 2025

    Insurers Must Cover Soybean Loss, NY Appeals Court Affirms

    A commodities trading company is entitled to coverage for the loss of over 500,000 bushels of soybeans resulting from a Mississippi-based warehouse's entrance into bankruptcy, a New York state appeals court affirmed.

  • February 18, 2025

    Home Insurer Off The Hook In $750K Policy Lapse Dispute

    A Washington federal judge has tossed a suit seeking $750,000 in coverage from two Progressive units after a fire severely damaged a home, saying the homeowners had let the coverage expire by not paying premiums, even though the insurer's renewal notice was "not a paragon of clarity."

  • February 18, 2025

    Calif. Insurance Chief Asks State Farm To Justify Rate Hikes

    California's insurance commissioner asked State Farm General Insurance Co. to appear for an in-person "informal conference" later this month over its request for emergency rate hikes in the wake of the deadly Los Angeles wildfires in January, saying the insurer has not yet justified the move.

  • February 18, 2025

    Dechert, Paul Hastings Guide Barings' Takeover Of Artemis

    Barings, advised by Dechert LLP, inked an agreement to snap up Paul Hastings LLP-led Artemis Real Estate Partners, an investment firm managing over $11 billion of assets, according to a Tuesday announcement.

  • February 14, 2025

    Calif. Insurance Chief Backs Wildfire Mitigation, Recovery Bills

    California Insurance Commissioner Ricardo Lara announced his support Friday for a slew of bills aimed at addressing wildfire mitigation and recovery, including measures to maximize insurance claim payouts and stabilize the state's insurer of last resort.

  • February 13, 2025

    Blake Lively Defamation Suits Bring Insurance Center Stage

    A stream of defamation lawsuits stemming from the movie "It Ends With Us" could have insurers gearing up to determine potential coverage obligations for such litigation, as the debate over settling versus going to trial marks a gap in the insurer-insured relationship for celebrity policyholders, experts say.

  • February 13, 2025

    Calif. Fire Debris Ruling Raises LA Blaze Recovery Concerns

    A California appellate court's ruling that two homeowners didn't have a covered claim for wildfire debris in their home has raised policyholder concerns that the decision could restrict coverage for Los Angeles fire victims, but some carrier lawyers say the ruling's impact could be limited to claims for lighter damage.

  • February 13, 2025

    Condo Association Seeks Over $450K For Property Damage

    A Florida condo association is seeking over $450,000 from its insurer for property damage occurring because of various conditions over six years, according to a lawsuit removed to Florida federal court Thursday.

  • February 13, 2025

    Insurance Litigation Week In Review

    A California appeals court used a high court pandemic insurance ruling to uphold a denial of fire debris coverage, the state's insurer of last resort will receive $1 billion in additional funding and the South Carolina Supreme Court considered receivership orders over foreign companies' insurance assets. Here, Law360 takes a look at this week's top insurance news.

  • February 13, 2025

    PFAS Claims Expose Insurance Industry To 'Next Asbestos'

    With thousands of lawsuits pending nationwide over what plaintiffs and regulators allege are the harms caused by PFAS exposure and regulators pushing to limit the production and use of the chemicals, policyholders are bracing for both increased liabilities and uncertain scopes of insurance coverage.

  • February 13, 2025

    Judge's Bias Justifies Reviving Insurance Row, Fla. Panel Says

    A man whose legal counsel was disbarred while his insurance suit was pending will have another chance to pursue his claims, a Florida state appeals court has determined, reversing a lower court order that threw out the suit for delays and moving the case to another judge after finding evidence of potential "bias or prejudice."

  • February 12, 2025

    Insurer Says Gun Clause Blocks Deadly Shooting Coverage

    An insurer has said a firearms exclusion in a Washington state sports pub's policy bars coverage in a pair of wrongful death lawsuits stemming from a shooting more than three years ago that left three people dead.

  • February 12, 2025

    3rd Circ. Says Parents Can't Get Coverage In Gun Case

    A couple whose son was found guilty of two homicides is not entitled to coverage from two homeowners insurers for a civil suit filed by one victim's mother, the Third Circuit affirmed, finding the civil case accused the parents of intentionally concealing the firearm their son allegedly used.

  • February 12, 2025

    AIG Unit Says $6M Construction Defect Deal Isn't Covered

    An AIG unit said it shouldn't have to cover a $6 million agreement and stipulated judgment between a stucco subcontractor and the owner of an apartment construction project, telling an Arizona federal court Wednesday that the deal is unreasonable and unenforceable.

  • February 12, 2025

    Allstate Hit With Another Class Action Over Data Collection

    Allstate has been hit with another proposed class action in Illinois federal court accusing the auto insurer of illegally obtaining the personal driving data of millions of policyholders via software embedded in third-party apps and using that data for the insurer's own underwriting purposes.

  • February 12, 2025

    NC Justices Weigh Blame For Errors In Insurance Application

    The North Carolina Supreme Court on Wednesday grappled with who is to blame for misstatements in an insurance application that was prepared by an agent but signed by the homeowner, with the agency arguing it was on the homeowner to catch those mistakes.

  • February 11, 2025

    Calif.'s Insurance Safety Net Gets $1B Infusion For Fire Claims

    California Insurance Commissioner Ricardo Lara has signed off on $1 billion in additional funding for California's FAIR Plan, the state's insurer of last resort, to ensure the plan can keep paying consumer claims to survivors of the Southern California wildfires, according to an order issued Tuesday.

  • February 11, 2025

    Progressive Inks $3.25M Data Breach Deal With 350K Members

    Approximately 350,000 Progressive Casualty Insurance customers on Tuesday asked an Ohio federal judge to grant final approval to a $3.25 million settlement stemming from a data breach event that exposed their personal information, noting the resolution is a favorable outcome, given the risks to their claims if litigation continued.

  • February 10, 2025

    Calif. Ruling Holds Wildfire Debris Not A Coverable Loss

    Two California homeowners didn't have a covered claim for wildfire debris that infiltrated their home, a state appeals panel ruled, saying there was no evidence the debris caused the kind of loss or damage required for coverage.

  • February 10, 2025

    Texas Property Owner Seeks Over $1M In Storm Coverage

    A Nationwide unit unlawfully failed to cover hail and wind damage to a Texas property, its owner alleged in federal court, accusing the insurer of fraud and violating state insurance statutes over unfair settlement practices and prompt claim payment and seeking over $1 million in damages.

  • February 07, 2025

    5th Circ. Upholds High School's Win In Gym Fire Suit

    The Fifth Circuit on Thursday upheld a Louisiana high school's win in its suit claiming that a flooring company caused a gym fire, holding that the high school has a right of action for property damage to the gymnasium.

  • February 07, 2025

    Plaintiffs Lawyers Swarm Los Angeles Post-Fires

    A deadly wildfire may be among the first covered by a new state fund that reimburses at-fault utility companies. This could mean billions of dollars for plaintiffs lawyers, and, if past fires are any indication, frustration and confusion for some victims.

Expert Analysis

  • How Cannabis Cos. Can Comply With NJ Industrial Site Law

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    As New Jersey’s recreational cannabis market flourishes, manufacturers that may be subject to a state environmental law must take extra precautions to mitigate potential liabilities and costs, including for historical contamination, says Matthew Karmel at Offit Kurman.

  • As EVs Surge, Regs For Charger Warranties Remain Murky

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    Even as electric vehicles move rapidly into the mainstream, extended warranties for EV chargers do not always fit clearly into existing regulatory categories — but how such contracts are classified can have serious implications for the companies that issue and sell them, say attorneys at Locke Lord.

  • Tips For Plaintiffs Attorneys Ahead Of Expanded Fire Season

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    With the expansion of fire season — both in length of time and geography — plaintiffs lawyers can expect fire-related litigation to increase this coming year and need to prepare themselves and their clients for claims that are complex, time-consuming and costly, says Gerald Singleton at Singleton Schreiber.

  • Establishing A Record Of Good Faith In Mediation

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    Viacom v. U.S. Specialty Insurance, and other recent cases, highlight the developing criteria for determining good faith participation in mediation, as well as several practical tips to establish such a record, says Richard Mason at MasonADR.

  • Using ChatGPT To Handle Insurance Claims Is A Risky Move

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    ChatGPT gets some insurance law questions surprisingly wrong, and while it handles broader coverage concepts significantly better, using it to assist with coverage questions will likely lead to erroneous results and could leave insurers liable for bad faith, says Randy Maniloff at White and Williams.

  • Insureds Must Prep For Drought-Related Service Interruptions

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    Amid the ongoing U.S. water crisis, corporate policyholders must prepare for the emerging risk of service interruption property damage and time element loss, including through careful examination of their current and renewal property policies, says Micah Skidmore at Haynes Boone.

  • Fla. Bill Would Rein In Personal Injury Litigation Excesses

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    A recently proposed bill in the Florida House that would change bad-faith laws and the admissibility of medical bills for services performed under a letter of protection would provide reasonable checks on practices that are far too common in personal injury cases in the Sunshine State, say attorneys at Baker Donelson.

  • A Missing Issue In 'Blank Space' Insurance Ruling

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    As Norwegian Hull Club v. North Star heads to trial in Florida federal court, the most interesting part of the court opinion denying summary judgment is the argument it doesn't address — contra proferentem, which could have been used to resolve the case's blank space ambiguity in the policyholder's favor, say Jeffrey Mikoni and Scott Greenspan at Pillsbury.

  • High Court Ax Of Atty-Client Privilege Case Deepens Split

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    The U.S. Supreme Court's recent dismissal of In re: Grand Jury as improvidently granted maintains a three-way circuit split on the application of attorney-client privilege to multipurpose communications, although the justices have at least shown a desire to address it, say Trey Bourn and Thomas DiStanislao at Butler Snow.

  • Wis. High Court Ruling May Open Door To Coverage Exception

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    The Wisconsin Supreme Court’s recent decision in Dostal v. Strand finding that an insurer had to defend a civil action following the defendant's criminal conviction on the same facts nonetheless may suggest an exception to the complaint test for determining an insurance company's defense obligation, say David Hollander and Clementine Uwabera at Stafford Rosenbaum.

  • Trial Lawyers Rejoice: Justices May Clarify Issue Preservation

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    The U.S. Supreme Court's recent grant of certiorari in Dupree v. Younger should be a boon to trial and appellate lawyers as the decision will likely standardize a rule for appellate issue preservation, bringing much-needed clarity to an area critical to general litigation success, says Jeremy Christiansen at Gibson Dunn.

  • Minimizing Landlord Exposure To NY's Gray Cannabis Market

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    As New York rolls out its legal adult-use cannabis regime, landlords renting to as-yet unlicensed cannabis establishments may face liability under two statutes — but a few commonsense steps can help protect them from this risk, say attorneys at Carter Ledyard.

  • Cultivating Good Relationships With Insurance Regulators

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    Insurers can develop mutually beneficial working relationships with insurance regulators by following some simple tips for streamlining communication, knowing how and when to ask for help, and treating regulatory staff with professional courtesy, says Layna Rush at Baker Donelson.

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