First Two State Supreme Courts Reject COVID-19 Business Interruption Claims

The Massachusetts Supreme Judicial Court and the Iowa Supreme Court became the first state high courts in the country last week to decide whether businesses can recover COVID-19-related business losses under their insurance policies.

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Pollution Insurance Solutions on Earth Day, 2022

No business today is immune to environmental risks or the benefits of pollution liability insurance.

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Securities and Exchange Commission Climate Regulatory Update for US Insurers

These rules may reaccelerate climate change regulatory activity in the United States

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Hurricane Season 2022: 19 Named Storms, 9 Hurricanes Predicted

There is an above-average probability a major hurricane will make landfall along the continental U.S.

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Insurers Must Brace for Catastrophic Cyber Risk

Industry-wide, more than 80% of insurers reported a rise in cyber claims in the fourth quarter of 2021.

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JN Contemporary Art LLC v. Phillips Auctioneers LLC

The U.S. Court of Appeals for the Second Circuit upheld a district court's ruling granting a defendant auctioneer's motion to dismiss, finding the COVID-19 pandemic created "a circumstance beyond the parties' reasonable control" as outlined in the force majeure clause of an agreement for the sale of a painting.

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Extreme Dry Winds Blow Wildfire Risks Higher Across Texas

Wildfires have been raging across Texas. Crittenberg Complex fire, about 70 miles north of the state capital, had burned more than 33,000 square acres.

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Property Insurance, Condo Bills Scrapped; FL Lawmakers Split on Property Insurance Rule Changes

Under one plan, deductibles wouldn't apply if roofs are damaged in named hurricanes, homes are total losses or roofs can be repaired without being replaced.

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Legislative Attempts to Relieve the Struggling Florida Homeowners Market

Discusses the growing number of insolvent insurers in Florida.

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Protecting the Madness: Insurance Coverage and the NCAA Tournament

This article discusses March Madness and the property and liability insurance issues involved.

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