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Coverage that focuses on both the legal risks facing insurance companies, as well as how companies are using insurance to hedge risk. We cover health insurance and cyber insurance frequently.
By Riley Brennan | December 4, 2023
Philadelphia Indemnity claimed the policy coverage didn't extend to the damage/condition of the roofs not caused by the storm and went on to file a complaint seeking declaratory judgment and relief via an order declaring it doesn't have a duty to pay for the replacement of the 22 roofs. It maintained that the damage to the roofs was preexisting and caused by wear and tear, deterioration, faulty materials, faulty prior repairs and/or lack of and faulty maintenance.
3 minute read
By Colleen Murphy | November 29, 2023
This complaint was first surfaced by Law.com Radar.
3 minute read
By Colleen Murphy | November 28, 2023
"It is unreasonable to interpret an ambiguous portion of the policy to exclude coverage for an accident when another provision expressly and unequivocally provides for payment of medical expenses arising from that accident," the opinion said.
6 minute read
By Lisa Willis | November 21, 2023
"United refuses to pay for the pathologists' professional services, which are valuable and necessary medical care rendered to United's insureds," claimed plaintiff counsel Patrick S. Montoya of Milberg Coleman Bryson Phillips Grossman.
4 minute read
By Colleen Murphy | November 21, 2023
"In the matter before us, Century does not dispute the borrowed vehicle does not qualify as a 'covered auto' under the USI policy," the per curiam opinion said. "Its coverage/indemnification argument rests on the principle of estoppel, which in turn hinges on whether Century was properly informed of its right to choose either to consent to legal representation by the lawyer provided by USI, or to retain its own attorney at its own expense."
4 minute read
By Amanda O'Brien | November 16, 2023
Steve Davis, the former chief counsel of the Pennsylvania Insurance Department, had spent the last 18 years at Stradley Ronon.
4 minute read
By Howard B. Epstein and Theodore A. Keyes | November 15, 2023
Every now and then, an insurance product emerges that addresses risks in a manner that facilitates transactions such that the product becomes a regular part of the dealmaker's toolkit. While judgment preservation insurance may not have the impact that RWI has had, its increasing popularity suggests that insureds are discovering that JPI is a very useful tool to mitigate risk.
6 minute read
By Adolfo Pesquera | November 10, 2023
"It is about Allstate's statewide unlawful and fraudulent underwriting practices vis-à-vis modifying its insureds' policies without requisite notice, and ultimately, how these modifications negatively impacted its insureds' rights to recovery," attorney Jason Palker said.
3 minute read
By Max J. Louik, Elizabeth L. Taylor and Katie Rose Kenawell | November 9, 2023
Insurers are in the business of risk transfer, so they should know better than most the risk involved with attorneys performing the same business function as that of a typical insurance adjuster.
8 minute read
By Adolfo Pesquera | November 2, 2023
Third District Court of Appeal Justice Gisela D. Triana said the act's language specifying claims filed and administrative violations occurring before the effective date are governed by the law in effect on the date of the claim or violation "supports our conclusion that immunity for administrative penalties was waived before SB 2551 went into effect."
3 minute read
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