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Insurers now issue stricter policy language and insert more sub-limits and exclusions into cyber coverage.
The court found the potential for coverage because the policy applied to two structures on the same undivided parcel.
Tesla settled with the family of Walter Huang for an undisclosed amount after he was killed in a crash while using its Autopilot software.
The owner of the cargo ship involved in Baltimore's bridge disaster declared 'general average.'
The plaintiffs intend to file a bad-faith suit in the case after their insurance company repeatedly refused to tender its policy until shortly before trial.
Insurance technology news from Send Technology Solutions, Trean Insurance Group, Bond-Pro, and more.
The contractor underreported payroll by nearly $1 million to lower his workers' comp premium.
Philanthropic insurance news from IICF.
Incorrect roof age data is a significant concern for P&C insurers, costing $1.3 billion per year in premium leakage, according to CBIZ.
A law firm initially proposed a $100,000 settlement and alleges the insurer concealed a $500,000 death-claim limit.