/insurance-authority/specialty-lines?utm_source=rss&utm_medium=rss&utm_campaign=section Latest articles for: Insurance Authority Specialty Lines Copyright 2025 ¼«ËÙÈü³µ. en-US Mon, 16 Jun 2025 20:40:16 +0000 /insurance-authority/specialty-lines/articles/2353939?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-authority/specialty-lines/articles/2353939 An Illinois-based company must litigate its insurance coverage battle over merchandise damage from a Dallas tornado under New York law, a Texas appeals court affirmed, finding the company's "legal injury" took place in New York. Mon, 16 Jun 2025 17:07:22 +0000 /insurance-authority/specialty-lines/articles/2353850?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-authority/specialty-lines/articles/2353850 A Virginia homeowner cannot recover premiums he'd prepaid for private mortgage insurance under a federal law mandating such insurance for certain borrowers, the Fourth Circuit ruled Monday, finding the Homeowners Protection Act of 1998's premium refund provisions do not extend to voluntary insurance cancellation agreements. Mon, 16 Jun 2025 14:03:34 +0000 /insurance-authority/specialty-lines/articles/2349380?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-authority/specialty-lines/articles/2349380 With plaintiffs counsel’s rising use of reptile strategies that seek to activate jurors' survival instincts, corporate deponents face an increased risk of being lulled into providing testimony that undercuts a key defense or sets up the plaintiff's case strategy at trial, making it important to consider factors like cross-examination and timing, say attorneys at Dentons. Fri, 13 Jun 2025 15:02:49 +0000 /insurance-authority/specialty-lines/articles/2350437?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-authority/specialty-lines/articles/2350437 House Republicans' sweeping budget bill proposes to promptly scale back the clean energy tax incentives established by the 2022 climate law, a move that would make it difficult for tax insurers to back project development deals that want to sell their tax credits for cash. Thu, 12 Jun 2025 22:00:54 +0000 /insurance-authority/specialty-lines/articles/2352959?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-authority/specialty-lines/articles/2352959 Thursday's deadly Air India disaster could implicate a range of insurance coverage proceedings, but experts said massive costs will likely be shared by multiple insurers in a process that will be shaped in part by investigations into the cause of the crash. Thu, 12 Jun 2025 20:00:17 +0000 /insurance-authority/specialty-lines/articles/2352541?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-authority/specialty-lines/articles/2352541 Mandarin Oriental notched a discovery win in its COVID-19 coverage action while appeals courts dealt further defeats in other pandemic-related insurance cases, Uber filed a racketeering lawsuit over sham injury payouts and the Fourth Circuit sided with an insurer in a dispute over stacking policy limits. Here, ¼«ËÙÈü³µ takes a look at the past week's top insurance news. Thu, 12 Jun 2025 18:14:14 +0000 /insurance-authority/specialty-lines/articles/2352768?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-authority/specialty-lines/articles/2352768 Florida Gov. Ron DeSantis' veto of a bill that would have repealed limits on noneconomic damages in fatal medical malpractice cases — despite state lawmakers' overwhelming support of the measure — signals broad concerns over how tort reform legislation could impact the insurance industry. Thu, 12 Jun 2025 18:10:42 +0000 /insurance-authority/specialty-lines/articles/2352654?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-authority/specialty-lines/articles/2352654 The Sixth Circuit forged its own jurisdictional standard in determining that when coercive and declaratory claims are closely intertwined it's likely an abuse of discretion for a federal court to abstain from adjudication, and experts are praising the decision as a thorough analysis of the appropriateness of exercising jurisdiction over insurance disputes. Thu, 12 Jun 2025 17:08:53 +0000 /insurance-authority/specialty-lines/articles/2351784?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-authority/specialty-lines/articles/2351784 As companies consider incorporating in less-regulated states than Delaware, they shouldn't neglect to balance the long-term insurance implications against the short-term benefits of lower taxes and a more permissive legal regime, say attorneys at Pillsbury. Thu, 12 Jun 2025 16:47:27 +0000 /insurance-authority/specialty-lines/articles/2352621?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-authority/specialty-lines/articles/2352621 California casino operators said they are entitled to defense coverage for suits brought by several tribes over their gambling operations, telling a federal court that their insurer has denied coverage based on policy exclusions that do not apply and has failed to conduct a proper investigation of their claims. Thu, 12 Jun 2025 16:16:56 +0000 /insurance-authority/specialty-lines/articles/2347365?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-authority/specialty-lines/articles/2347365 To avoid the fate of numerous expert witnesses whose testimony was recently deemed inadmissible by courts, experts relying on artificial intelligence and machine learning should learn from statistical tools’ road to judicial acceptance, say directors at Secretariat. Thu, 12 Jun 2025 12:45:27 +0000 /insurance-authority/specialty-lines/articles/2352088?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-authority/specialty-lines/articles/2352088 Cybersecurity incidents are increasingly implicating directors and officers insurance because of their effects on a range of compliance issues, a dynamic that may surprise policyholders more accustomed to thinking of cyber events as tech-related or cyberinsurance issues. Here, ¼«ËÙÈü³µ speaks with Freya Bowen, counsel at Neal Gerber & Eisenberg LLP's insurance recovery practice, about the importance of considering D&O policies for cyber incident-related liabilities, Wed, 11 Jun 2025 18:57:16 +0000 /insurance-authority/specialty-lines/articles/2351755?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-authority/specialty-lines/articles/2351755 The Sixth Circuit affirmed a lower court's decision denying an assembly line technology designer's bid for insurance coverage of an underlying multimillion-dollar dispute with a customer, finding coverage was excluded because the conflict originated before the professional liability policy was purchased. Tue, 10 Jun 2025 18:08:06 +0000 /insurance-authority/specialty-lines/articles/2351421?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-authority/specialty-lines/articles/2351421 Wells Fargo Bank NA cannot collect on a $4 million life insurance policy, a Nebraska federal court ruled, finding the policy void from the start since it was taken out on the life of a now-deceased man with the intended purpose of benefiting an investor. Mon, 09 Jun 2025 18:25:32 +0000 /insurance-authority/specialty-lines/articles/2351029?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-authority/specialty-lines/articles/2351029 Hinshaw & Culbertson has added a partner from Baker Donelson Bearman Caldwell & Berkowitz to its global insurance services practice in New Orleans, where she will represent insurance companies and other entities, the 500-lawyer firm announced Monday. Fri, 06 Jun 2025 17:07:52 +0000 /insurance-authority/specialty-lines/articles/2349898?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-authority/specialty-lines/articles/2349898 Selective Insurance Company of South Carolina doesn't have to increase its payout to a couple involved in a car wreck, the Fourth Circuit has ruled, finding that North Carolina law doesn't provide that the couple's many insurance policies can be stacked. Thu, 05 Jun 2025 21:31:22 +0000 /insurance-authority/specialty-lines/articles/2349897?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-authority/specialty-lines/articles/2349897 A novel suit accusing oil and gas companies of contributing to a woman's 2022 heat wave death could lead to future insurance disputes, but experts said common exclusions and other policy terms could leave the companies footing defense costs. Thu, 05 Jun 2025 21:18:22 +0000 /insurance-authority/specialty-lines/articles/2349532?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-authority/specialty-lines/articles/2349532 A new law overhauling South Carolina's joint and several liability statutes, which left bars and restaurants potentially on the hook for the full amount of a verdict in alcohol-related lawsuits, has experts cautiously optimistic that the change will make insurance more affordable for these venues. Thu, 05 Jun 2025 21:15:30 +0000 /insurance-authority/specialty-lines/articles/2349844?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-authority/specialty-lines/articles/2349844 While the use of artificial intelligence platforms such as OpenAI's ChatGPT and Google's Gemini has certainly proliferated among the public, how the insurance industry will address AI-related risks across existing and new forms of coverage still remains a very open question. Here, ¼«ËÙÈü³µ talks about it with George Lewin-Smith, a founder of the startup Testudo, which focuses on such risks.  Thu, 05 Jun 2025 20:25:46 +0000 /insurance-authority/specialty-lines/articles/2349956?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-authority/specialty-lines/articles/2349956 A software company is blaming its insurers in Washington federal court for hampering its settlement talks with a client by reneging on its coverage agreements, causing the company to now potentially face a customer's $21 million claim.