insurance lawsuit News

FEMA Says No Deadline Extension for Filing Sandy Flood Insurance Suits

The Federal Emergency Management Agency (FEMA) said it cannot extend the deadline for Superstorm Sandy victims who may want to file lawsuits challenging a denial or disallowance of all or part of their federal flood insurance claims. FEMA’s announcement is …

Delaware Refinery Owners Win Insurance Lawsuit

A Delaware judge has ruled for owners of the Delaware City oil refinery in lawsuit over insurance coverage involving the deaths of two workers who suffocated inside a tank. The judge granted summary judgment this week to Premcor Refinery Group, …

Washington Metro Settles Lawsuit Against Aon Stemming From 2009 Crash

The Washington Metropolitan Area Transit Authority (Metro) has agreed to settle a lawsuit against its insurance broker that stemmed from the 2009 red line crash that killed nine people. After the crash, Metro sued insurance broker Aon, which put together …

New York’s Top Court Clarifies Vandalism Insurance

The top New York court says property insurance against vandalism includes coverage for malicious damage that isn’t specifically aimed at the insured property. The ruling comes from a claim by Georgitsi Realty, owner of a four-story apartment building in Brooklyn, …

Jury Finds GEICO Must Cover Driver in Fatal Vermont Crash

A jury says an insurance company must honor the policy of a Vermont man who was convicted of murder in a drunken driving crash that killed a woman in 2010. The insurance company GEICO had filed a lawsuit in U.S. …

Legal Dispute Continues Between Eli Lilly’s Insurer and Security Firm

A security company being sued over the theft of $60 million worth of pharmaceuticals from an Eli Lilly and Co. warehouse in Connecticut in 2010 insists there is no proof the thieves used a report it prepared detailing the building’s …

Lloyd’s Sues N.H. Utility Company, Says Electrical Glitch Caused Fire

The insurer for a business at New Hampshire’s Hampton Beach has sued a utility, saying a February 2010 fire that destroyed a block of businesses was sparked by an electrical glitch. The suit says before the fire, an electrical fault …

Sirius XM Sues D&O Insurers, Seeks to Recoup Post-Merger Defense Costs

New York-based satellite radio services company Sirius XM Radio Inc. filed a lawsuit against two directors and officers insurers last week. Sirius XM alleges XL Specialty Insurance Co. and U.S. Specialty Insurance Co.(USSIC) breached their contract by failing to provide …

N.Y. Proposes Establishing Private Right of Action for Insureds Suffering Disaster Losses

A New York legislator proposed a new bill that would establish a private right of action for the insured for unfair insurance settlement practices when the claim relates to loss or injury in regions where the governor has declared a …

Penn State Sues PMA Insurance Over Alleged Breach of Contract

Pennsylvania State University on Tuesday filed a lawsuit against Pennsylvania Manufacturers’ Association Insurance Company (PMA), alleging that the insurer failed to honor obligations owed to the school under comprehensive and commercial general liability policies. The lawsuit, part of ongoing coverage …