Regulator Objects But Court Clears Bid for $200M From Liquidated Insurer’s Owners June 22, 2021 By Jim Sams Creditors who say they were swindled out of more than $200 million by the former owners of the liquidated CastlePoint...
S.C. High Court Nixes Felony ‘Step-Down’ Provisions in Auto Policies June 21, 2021 By Jim Sams A South Carolina Supreme Court opinion published in June nullifies auto insurance policy provisions that “step down” the maximum payout...
California OKs Farmers and Zesty.ai Wildfire Risk Assessments, Will Bring 30K New Homeowners Policies June 16, 2021 By Jim Sams California regulators have approved a plan by Farmers Insurance to assess wildfire risk by using a tool that combines artificial...
South Carolina High Court Nixes Felony ‘Step-Down’ Provisions in Auto Insurance June 11, 2021 By Jim Sams A South Carolina Supreme Court opinion published last week nullifies auto insurance policy provisions that “step down” the maximum payout...
Florida Top Court Says Insurer Can Pursue Malpractice Claim Against Defense Law Firm June 8, 2021 By Jim Sams Attorneys who are hired by insurance carriers to defend policyholders from lawsuits have a duty to represent the insured, but...
Plaintiffs Seek ISO Files on Virus Exclusion to Back Business Interruption Claims June 7, 2021 By Jim Sams Plaintiffs attorneys are looking deep into the weeds for evidence to support claims for business income lost because of COVID-19...
Texas Judge Refuses to Dismiss Theater Chain’s COVID Lawsuit May 10, 2021 By Jim Sams A federal judge in Sherman, Texas on May 5 ruled against an insurer that sought to dismiss a $500 million...
U.S. Court Allows Movie Chain’s COVID Business Interruption Suit Against FM Global May 7, 2021 By Jim Sams A federal judge in Sherman, Texas on Wednesday ruled against insurer FM Global that sought to dismiss a $500 million...
9th Circuit Lifts Stay on Labor Law Classifying Truck Drivers as Employees May 3, 2021 By Jim Sams A federal appellate court on April 28 reversed a ruling that prevented California from enforcing a new labor law that...
Insurers Expected to Expand Use of Drones to Survey Damage With Rule Change May 3, 2021 By Jim Sams New Federal Aviation Administration (FAA) rules are expected to clear the way for expanded commercial use of drones, which are...