Experts are cautioning both insurance buyers and sellers not to overreact to the recent federal court decision finding data breach defense coverage under a commercial general liability (CGL) policy. Experts are cautioning both insurance buyers and sellers not to overreact …
Maine’s supreme court says a business’ insurer isn’t obligated to cover damage caused by a company driver during an incident of road rage. The court ruled unanimously Thursday in a case brought after The Travelers Indemnity Co. refused to cover …
The insurer of a trucking company whose tanker leaked sticky black goo onto the Pennsylvania Turnpike in November says in court filings that its $1 million policy likely won’t be enough to cover roughly 1,000 claims for damaged vehicles. The …
An insurance company says its liability for a pre-Thanksgiving asphalt spill on the Pennsylvania Turnpike should be limited to $1 million. Hundreds of vehicles were reportedly damaged when a leaking valve on a tanker spread the gooey substance over part …
