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January 31, 2019 | Insurance Coverage Law Center

In Questionable Ruling, Court Says Insurer Should Have Known Amount in Controversy Exceeded $75,000 from Complaint Alone

A federal district court in Pennsylvania has remanded an insurance coverage case to state court after deciding that the defendant insurer should have known that the amount in controversy exceeded $75,000 from the insureds’ complaint and, therefore, that its removal months after the complaint was filed was untimely. The court's reasoning may not be able to withstand close scrutiny.
4 minute read
January 31, 2019 | Insurance Coverage Law Center

Colorado Supreme Court Cites Importance of Underlying Defendant’s Insurance Coverage in Attorney Malpractice Case

The Colorado Supreme Court has ruled that, in an attorney malpractice case, the client-plaintiff had the burden of proving that any underlying judgment would have been collectible – and that the “best evidence” of collectibility was proof of the underlying defendant’s insurance coverage.
6 minute read
January 31, 2019 | Insurance Coverage Law Center

Facebook Post Doomed Insurance Coverage of Trademark Infringement Suit, Idaho Supreme Court Decides

The Idaho Supreme Court has ruled that an insured’s Facebook post precluded insurance coverage of a trademark infringement lawsuit against the insured because of the prior publication exclusion in the insurance policy.
4 minute read
January 31, 2019 | Insurance Coverage Law Center

National Association of Insurance Commissioners Names 2019 Committee Leaders

The National Association of Insurance Commissioners has named its 2019 committee chairs and vice chairs.
2 minute read
January 31, 2019 | Insurance Coverage Law Center

GEICO Names Martha Furnas Vice President of Insurance Operations in California, Hawaii, and Alaska

GEICO has named Martha Furnas vice president at its regional location in San Diego, where she will manage insurance operations for California, Hawaii, and Alaska.
1 minute read
Law Journal Press | Digital Book Pennsylvania Causes of Action, 12th Edition Authors: GAETAN J. ALFANO, RONALD J. SHAFFER, JOSHUA C. COHAN View this Book

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January 31, 2019 | Insurance Coverage Law Center

“Dwelling” in Homeowners’ Insurance Policy Was Ambiguous, Idaho Supreme Court Rules

The Idaho Supreme Court, in a big victory for homeowners, has ruled that the undefined term “dwelling” in a homeowners’ insurance policy was ambiguous and encompassed a detached garage at the insured property.
4 minute read
January 31, 2019 | Insurance Coverage Law Center

ILS Growth to $93 Billion in 2018 Bodes Well for Continued Healthy Market, Willis Re Says

Growth of the insurance-linked securities market continued in 2018, to reach $93 billion of outstanding non-life capital, despite a slow-down during the final quarter of the year, according to a new report from Willis Re.
2 minute read
January 31, 2019 | Insurance Coverage Law Center

A Single Global Ransomware Attack Could Cost Businesses Almost $200 Billion, New Study Says

A global ransomware cyber-attack could cost $193 billion and affect more than 600,000 businesses worldwide, according to a new report from the Cyber Risk Management project.
4 minute read
January 31, 2019 | Insurance Coverage Law Center

Kansas Insurance Department Names Anti-Fraud Director

The Kansas insurance commissioner, Vicki Schmidt, has appointed Dennis Jones as director of anti-fraud.
1 minute read
January 31, 2019 | Insurance Coverage Law Center

AXA XL Promotes Construction Primary Casualty Leaders in North America

AXA XL’s North America construction business has promoted Scott Schultz to underwriting manager for its primary casualty business while expanding management responsibilities for Meredith Baron, executive underwriter of its controlled insurance program business.
2 minute read

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