Trump's Anti-DEI Orders Stress Existing D&O Insurance Risks
President Donald Trump's executive orders targeting diversity, equity and inclusion initiatives in government and the private sector are putting pressure on companies and insurers, threatening to strain directors and officers policies that were already stressed by a mounting backlash to DEI programs.
Calif. Subrogation Bill Sets Insurers Against Oil Cos.
A California bill that would incentivize insurers to recoup disaster losses from oil and gas companies is being hailed by supporters as a novel way to hold large polluters accountable for climate change, but carrier attorneys say the bill is full of cost-drivers.
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.
Trump's Anti-DEI Orders Stress Existing D&O Insurance Risks
President Donald Trump's executive orders targeting diversity, equity and inclusion initiatives in government and the private sector are putting pressure on companies and insurers, threatening to strain directors and officers policies that were already stressed by a mounting backlash to DEI programs.
Calif. Subrogation Bill Sets Insurers Against Oil Cos.
A California bill that would incentivize insurers to recoup disaster losses from oil and gas companies is being hailed by supporters as a novel way to hold large polluters accountable for climate change, but carrier attorneys say the bill is full of cost-drivers.
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.
Expert Analysis
“No comment” is no longer a cost-free or even a viable public communications strategy for companies in crisis, and... (more story)
Though leading questions can be efficient and effective for constraining a witness’s testimony, this strategy isn’... (more story)
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In its recent decision in the Alexion Pharmaceuticals coverage case, the Delaware Supreme Court adopted a "meaning... (more story)
Property More
An Illinois federal judge dismissed the majority of a dozen counts brought by Travelers against the city of Chicago and its water district seeking repayment for $26 million in flood damage to Willis Tower, lea... (more story)
A bill introduced ahead of Florida's 2025 legislative session looks to bar the state's Citizens Property Insurance Corp. from providing or renewing coverage policies for condominiums that fall short of inspect... (more story)
United Fire & Casualty Co. reached a settlement in its $1.7 million suit against a Texas sign-making company, resolving its bid to recover funds paid to a bed and breakfast after a fluorescent sign caught fire... (more story)
An insurance company doesn't have to defend the former leader of a sports equipment company against allegations of sexual assault against minors, a Washington federal court said Monday, making final an earlier... (more story)
The "catastrophic" flooding of a Cincinnati school was due to a faulty water stop valve, according to a federal lawsuit filed Monday by an insurance provider that seeks to hold building products manufacturer M... (more story)
Penn National Mutual Casualty Insurance Co. settled a property owner's insurance payout suit filed in North Carolina federal court just before the suit headed to trial.
A group of insurers led by AIG unit Lexington Insurance Co. urged the U.S. Supreme Court to review a Ninth Circuit ruling ordering them to litigate COVID-19-related property insurance claims in Suquamish Triba... (more story)
General Liability More
The Georgia Court of Appeals has stripped a state county of a nearly $350,000 judgment it won from insurer Old Republic Surety Co. to cover a court employee's theft of hundreds of thousands of dollars from the... (more story)
Two insurers must contribute $1.65 million each toward costs a Chubb unit incurred defending windshield repair company Safelite against a competitor's suit, an Ohio federal court ruled, finding the pair were n... (more story)
The Tenth Circuit affirmed that two AIG units need not cover a ski resort's homeowners association and other insureds found liable for trying to induce the owner of resort condo units to pay $15.5 million in f... (more story)
New York's insurance regulator announced Monday the agency has concluded a multiyear investigation into auto insurers' failure to report vehicle information to the state Department of Motor Vehicles in a timel... (more story)
Healthcare cost controls enacted as part of a 2019 overhaul of Michigan's auto insurance laws cannot be applied to crash victims injured before the passage of the reforms, a state judge determined on Friday, r... (more story)
A Delaware state court dismissed two insurers in a coverage dispute over underlying sexual abuse claims against a clothing retailer that also sponsors and organizes national cheerleading competitions, finding ... (more story)
Specialty Lines More
A Lloyd's of London syndicate has urged a North Carolina judge to toss part of Cadwalader Wickersham & Taft LLP's coverage lawsuit stemming from a data breach, saying there's no tort remedy for the allegation ... (more story)
A Chubb unit has no obligation to pay an Illinois hospital for $2.5 million in legal costs associated with responding to federal and state probes into its COVID-19 vaccine distribution program, a federal court... (more story)
OpenText told a Michigan federal court it should be dismissed from an insurer's suit seeking to avoid coverage of a class action from former Covisint shareholders alleging an unfair merger, saying it's not inv... (more story)
The New Jersey Supreme Court will review an appeals court's ruling against indemnification in a case of first impression on the applicability of an exclusion barring directors and officers coverage for wrongfu... (more story)
Morgan Lewis & Bockius LLP announced that it has added a new partner and insurance expert in its Chicago office, in a move to bolster the firm's insurance recovery and dispute resolution capabilities for corpo... (more story)
A Louisiana federal court rejected most arguments made by an insurer seeking to avoid professional liability coverage of a broker whose former employee stole policy premiums and failed to secure insurance for ... (more story)
The Ninth Circuit on Thursday upheld a ruling barring further litigation against Chicago Title and law firm Nossaman LLP over claims they aided convicted businesswoman Gina Champion-Cain's nearly $400 million ... (more story)