In a well-reasoned recent opinion, an Illinois appellate court strictly construed a cyber policy, ruling that reasonable—but contractually unnecessary—payments made...
policy language News
Written words have an intended meaning. Fair-minded readers try to grasp that meaning. But other readers impute motives to the...
Hurricane Katrina made landfall on August 29, 2005, with the eye of the Category 3 hurricane centered on Bay St....
Twenty years after Hurricane Katrina swamped parts of Louisiana and Mississippi, the property insurance sector is better prepared for another...
Along with analyzing risk, a risk manager’s core function is to offload as much risk as possible as cost-effectively as...
Deductibles serve several purposes. They provide some premium relief for the insured. They make insureds less likely to file smaller...
The owners of London’s ExCel conference center on Friday won an appeal brought by insurers, including Allianz, over pandemic-related losses,...
Industry stakeholders continue to try to get a grasp of the implications from last week’s massive technology outage affecting motley...
Most U.S. homeowners don’t know the policy covering their home doesn’t cover flooding, a new survey shows. Respondents in a...
Washington Insurance Commissioner Mike Kreidler on Wednesday sent a letter to insurers urging them to consider loosening personal property claim...