News and information for property & casualty insurance agents & brokers on personal lines insurance, including homeowners insurance, flood insurance, earthquake insurance, renters insurance, automobile insurance, life insurance, disability insurance, umbrella insurance and health insurance.
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When an insured is sued and the insureds carrier provides a defense, subject to a reservation of rights, the insurer may begin a declaratory judgment action seeking a coverage determination. If you ever have wondered what that is about, a decision by a federal district court in Illinois is quite...
David Glincher has been charged with theft, white collar crime, and fraud for allegedly filing car insurance claims on behalf of consumers who either were unaware of the filings or never received claim payouts.
An appellate court in Massachusetts ruled that an insurance carrier was relieved of its obligation to indemnify its insureds for optional bodily injury coverage where their grandson had violated the operator exclusion form by driving his grandparents vehicle.
A federal district court in Michigan has ruled that a homeowners insurance policy was void where the insured sought coverage for property allegedly stolen from him that he had not said he owned several years earlier when he had entered bankruptcy.
An intermediate appellate court in New York ruled that insureds were entitled to coverage under the In Transit clause of an insurance bond for losses they sustained while their cash was being processed at a vault in between the Federal Reserve Bank and the insureds check-cashing businesses.
The bankruptcy of insured directors did not relieve the insurer that had issued a D&O endorsement to a CGL insurance policy of the obligation to defend or indemnify them, even where they had been dismissed from the lawsuit, an appellate court in Wisconsin has ruled.