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Insurance
Insurance Law360 provides breaking news and analysis on insurance law. Coverage includes high-stakes cases against major insurance carriers, brokers, and reinsurers, as well as relevant policy developments and corporate deals.
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Latest News in Insurance
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April 25, 2024
No Coverage For Grants To Fraudulent Charity, Judge Rules
A Denver-based charity cannot get coverage for the $349,000 in grants it gave to a different charity whose founder was accused by state authorities of lying about its nonprofit status, a Colorado federal court ruled, finding that a computer fraud provision was not triggered.
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April 25, 2024
AIG Unit Says Gunmaker's Suit Policy Omits $250K Per Year
A gun manufacturer must pay $250,000 in self-insured retention limits for each calendar year that underlying litigation brought by the city of Gary, Indiana, is pending — stretching back to a defense agreement reached 10 years ago — an AIG unit told a Connecticut federal court, saying the agreement was never terminated.
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April 25, 2024
Attys, Insurance Agent Found Guilty Of Tax-Avoidance Scheme
Two St. Louis tax attorneys and a North Carolina insurance agent on Thursday were found guilty on all counts of conspiring to defraud the federal government and aiding in the filing of false tax returns for their role in a tax avoidance scheme that prosecutors claim cost the Internal Revenue Service tens of millions of dollars.
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April 25, 2024
Real Estate Atty, Insurer Scuttle Hacking Policy Feud In Conn.
A Connecticut real estate attorney and an insurance company owned by Berkshire Hathaway have moved to end their claims against one another, in a state court dispute over who should be on the hook after the lawyer was accused of transmitting several property payments to hackers.
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April 25, 2024
Emotional Damages Not Covered In OD Suit, Pa. Justices Rule
The Pennsylvania Supreme Court reversed a lower court's ruling that a Nationwide unit had a duty to defend two homeowners in a suit over a man's fatal overdose under their roof, holding Thursday that underlying emotional distress damages don't fall within the policy's definition of bodily injury.
Areas of Coverage
- AGENCIES
- National Association of Insurance Commissioners
- Federal Insurance Office
- State insurance commissioners
- U.S. Securities and Exchange Commission
- International insurance regulators
- POLICY & REGULATION
- Affordable Care Act
- Dodd-Frank Act
- State and international insurance legislation and regulation
- LITIGATION
- Coverage suits over asbestos, environmental contamination, and other mass and toxic torts
- Liability-related suits, including disputes over commercial general liability, directors’ and officers’ liability, management liability, and professional liability
- Business interruption coverage suits
- Construction damage and defect disputes
- Coverage suits related to hurricanes and other natural disasters
- Federal and state appellate court rulings over insurance coverage
- Premium- and rate-related class actions
- Deceptive and unfair trade practices suits
- Reinsurance arbitration proceedings
- Shareholder class actions, including those over ERISA violations and modal premium rates
- Bankruptcy proceedings
- TRANSACTIONS
- Mergers, acquisitions, and joint ventures involving insurers and reinsurers
- Demutualizations and mutual holding company reorganizations
- PROFILES
- Personnel moves
- Profiles of insurance practices
Readership
- Insurance lawyers at top law firms
- Executives and attorneys at insurance carriers and corporate policyholders
- Regulatory compliance officers
- Information experts at law firms, agencies, and companies
- Policymakers at federal and state agencies
- Judges and court staff across the U.S.
- Professors, students, and library staff at every accredited law school in the U.S.
- Attorney and law firm marketing professionals