/insurance-authority/property?utm_source=rss&utm_medium=rss&utm_campaign=section Latest articles for: Insurance Authority Property Copyright 2025 极速赛车. en-US Fri, 01 Aug 2025 17:40:38 +0000 /insurance-authority/property/articles/2372314?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-authority/property/articles/2372314 A property investment company can raise nearly none of its claims against its insurer for hailstorm damage from 2019 and 2023, a North Carolina federal court ruled, finding that because claims concerning the 2019 storm are time-barred, those corresponding documents can't support much of the 2023 claims. Thu, 31 Jul 2025 22:01:50 +0000 /insurance-authority/property/articles/2371759?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-authority/property/articles/2371759 A U.K. decision over coverage for Russian-seized aircraft and a Second Circuit ruling in favor of international insurers seeking to arbitrate hurricane damage claims are among some of the biggest decisions in the property insurance space so far in 2025. Thu, 31 Jul 2025 20:11:00 +0000 /insurance-authority/property/articles/2371741?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-authority/property/articles/2371741 Federal and state courts continue to weigh litigation involving public nuisance, long-tail environmental and sexual abuse claims. Here, 极速赛车 breaks down some of the blockbuster commercial general liability insurance cases to follow in the second half of the year. Thu, 31 Jul 2025 19:48:00 +0000 /insurance-authority/property/articles/2371351?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-authority/property/articles/2371351 A Kansas office building's property insurer has no duty to provide coverage for roughly $1.75 million in repairs over a broken water pipe, the Tenth Circuit ruled, rejecting the building owner's argument that an exception in one exclusion conflicted with a separate exclusion for water damage. Thu, 31 Jul 2025 18:37:47 +0000 /insurance-authority/property/articles/2371602?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-authority/property/articles/2371602 A property insurer for numerous restaurants, bars and other small businesses owes no coverage for their consolidated business interruption claims related to the COVID-19 pandemic, an Illinois federal court ruled, looking to the laws of Illinois, Michigan, Wisconsin, Indiana, Iowa, Minnesota and Tennessee. Thu, 31 Jul 2025 15:05:25 +0000 /insurance-authority/property/articles/2371415?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-authority/property/articles/2371415 A Massachusetts federal judge Thursday questioned the Trump administration's assertion that it has not redirected funds allocated by Congress for natural disaster mitigation efforts toward other Federal Emergency Management Agency programs, even as the government was objecting to states' narrow request to protect the funds for now. Thu, 31 Jul 2025 14:24:00 +0000 /insurance-authority/property/articles/2371697?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-authority/property/articles/2371697 State Farm must pay over $54.6 million in vehicle valuation class actions, an AIG unit doesn't owe coverage for an herbicide damage dispute, Allianz must provide coverage for a hot air balloon company's passenger crash suits, and an RV park can proceed with a suit against its insurance broker. Here, 极速赛车 takes a look at the past week's top insurance news. Wed, 30 Jul 2025 21:04:37 +0000 /insurance-authority/property/articles/2371360?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-authority/property/articles/2371360 State Farm must pay more than $54.6 million across two class actions for underpaying the value of totaled vehicles via a "typical negotiation" deduction, a Washington federal court ruled, noting the plaintiffs provided "undisputed" evidence that State Farm violated the state's Consumer Protection Act. Wed, 30 Jul 2025 17:56:14 +0000 /insurance-authority/property/articles/2371037?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-authority/property/articles/2371037 Data analytics and technology company Verisk, advised by Davis Polk & Wardwell LLP, on Wednesday announced plans to acquire software-as-a-service company AccuLynx, led by King & Spalding LLP, in a $2.35 billion cash deal. Wed, 30 Jul 2025 17:32:34 +0000 /insurance-authority/property/articles/2371154?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-authority/property/articles/2371154 A condominium association said its Country Financial insurers must provide coverage for an estimated $10.4 million in hidden water damage, telling a Washington federal court the insurers have failed to make a coverage determination in the two years since the association submitted its damage claim.聽 Tue, 29 Jul 2025 17:56:59 +0000 /insurance-authority/property/articles/2368385?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-authority/property/articles/2368385 In recent months, several courts have issued opinions on handling discovery issues involving artificial intelligence, which collectively offer useful insights on integrating AI into discovery and protecting work product in connection with AI prompts and outputs, says Philip Favro at Favro Law. Tue, 29 Jul 2025 16:15:47 +0000 /insurance-authority/property/articles/2370183?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-authority/property/articles/2370183 Material misrepresentations in a commercial real estate firm's insurance renewal application mean the insurer has no duty to defend the firm or a former director against a $6.5 million claim related to the sale of a client's properties, the insurer told an Indiana federal court. Mon, 28 Jul 2025 19:05:44 +0000 /insurance-authority/property/articles/2369087?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-authority/property/articles/2369087 Three Electrolux companies manufactured ranges with a foreseeable defect that allowed the products to unintentionally activate, a property insurer told a Connecticut federal court as it sought to recover the claim payout for a homeowner's kitchen fire. Mon, 28 Jul 2025 17:14:49 +0000 /insurance-authority/property/articles/2370005?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-authority/property/articles/2370005 An automobile auction company told a Texas federal court that a Liberty Mutual unit must indemnify a settlement reached over underlying claims that the company caused storm water runoff in neighboring properties when it cleared several parcels of land for car and machinery storage. Fri, 25 Jul 2025 17:33:18 +0000 /insurance-authority/property/articles/2369442?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-authority/property/articles/2369442 Entities of Nationwide urged the Michigan Supreme Court to reject the state tax agency's arguments that the insurance company's affiliates are required to file taxes as separate entities instead of as a unitary group that can share credits among its members. Thu, 24 Jul 2025 22:17:18 +0000 /insurance-authority/property/articles/2369035?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-authority/property/articles/2369035 A revamped legislative proposal to create a national reinsurer would significantly change the federal government's role in insurance markets, but experts say it's not clear that the program would effectively address insurance cost and availability issues. Thu, 24 Jul 2025 20:44:25 +0000 /insurance-authority/property/articles/2369174?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-authority/property/articles/2369174 A Pennsylvania federal judge on Thursday tossed with leave to amend a proposed securities class action alleging that Lincoln National Corp. misled investors about its financial health before reporting a $2.6 billion net loss in 2022,聽finding that the investors didn't specify when Lincoln National had access to certain data and studies. Thu, 24 Jul 2025 19:18:52 +0000 /insurance-authority/property/articles/2369010?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-authority/property/articles/2369010 In what is considered by some as 鈥渢he next asbestos,鈥� lawsuits alleging injury due to silica exposure are ramping up and the way in which they unfold may bring coverage questions under commercial general liability policies center stage, policyholder attorney Jeff Kiburtz of Pillsbury Winthrop Shaw Pittman LLP told 极速赛车. Here, he shares his optimism for policyholders' success in litigating these claims and why he believes this topic is one to watch in the CGL industry. Thu, 24 Jul 2025 17:39:06 +0000 /insurance-authority/property/articles/2368439?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-authority/property/articles/2368439 An insurer specializing in covering religious organizations asked the Fourth Circuit to set aside a $1.1 million jury verdict it faces over roof damage that a North Carolina church said was caused by snow, arguing the lower court's jury instructions adopted the wrong causation standard. Thu, 24 Jul 2025 14:36:23 +0000 /insurance-authority/property/articles/2368616?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-authority/property/articles/2368616 Thomas Dawson at McDermott discusses the role that U.S. property insurers may play in identifying and assessing climate risk, as well as in financing climate change adaptation projects, in light of global warming and shifting geopolitical realities.