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Latest News in Insurance

  • May 30, 2023

    NJ Panel Says Insurer Needn't Cover Tainted Concrete Claim

    A trucking company's insurer is not obligated to pay a nearly $1 million judgment awarded against its policyholder to a concrete company that received a contaminated batch of concrete materials, a New Jersey state appeals court ruled Tuesday, finding that the policy's handling of property and completed operations exclusions apply.

  • May 26, 2023

    Mich. Car Owner Can Try To Dodge Other Driver's Crash Claim

    A split Michigan Court of Appeals reversed a $1.5 million win for Allstate Insurance Co. on Thursday, finding that a judge too quickly dismissed a woman's defense that a couple injured while driving her car did not have her permission to use it. 

  • May 26, 2023

    Nonprofit Voided Coverage By Hiding Past Suits, Insurer Says

    A nonprofit radio broadcasting organization's failure to disclose at least seven lawsuits on its insurance applications was a breach of warranty that should end coverage for an underlying case, Kinsale Insurance Co. told a California federal court Friday.

  • May 26, 2023

    Insurer Lowballed Roof Repair Estimates And Pay, Court Told

    A Colorado contractor said it is entitled to two times the covered benefits under a Travelers insurance policy issued to a homeowners association, alleging that the insurer failed to reimburse it for repair work done on 42 properties damaged by hail.

  • May 26, 2023

    Hilton Avoids Dismissal Of Nev. COVID-19 Coverage Suit

    Hilton's Nevada state court suit seeking more than $1.7 billion from its insurers for COVID-19 losses will move forward after a judge rejected two motions to dismiss the case, finding the claims in the international hotel chain's complaint were strong enough for the case to continue.

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