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.
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.
An Illinois appellate court has affirmed a trial courts decision that a homeowners insurance carrier had no duty to defend its insured in a lawsuit where a man alleged the insured stabbed him with a knife in a fistfight, finding that the lawsuit failed to allege an accident.
The N.Y. DFS has determined the car-sharing service RelayRides put New Yorkers at risk through false advertising, unlicensed insurance activity and other violations of law.
The N.Y. DFS has determined the car-sharing service RelayRides put New Yorkers at risk through false advertising, unlicensed insurance activity and other violations of law.
A Washington appeals court has decided that a case alleging road rage did not involve an accident as required for coverage under either a homeowners' or an auto policy.
Bills have been introduced in the Tennessee House and Senate that would make various changes concerning insurance coverage of sinkhole losses and subsequent structural repair.
Bills have been introduced in the Tennessee House and Senate that would make various changes concerning insurance coverage of sinkhole losses and subsequent structural repair.
The U.S. Court of Appeals for the Eighth Circuit has affirmed a district court decision reforming a commercial insurance policy to include an exclusion that the insurance company had inadvertently omitted.