/insurance?utm_source=rss&utm_medium=rss&utm_campaign=section Latest articles for: Insurance Copyright 2025 ¼«ËÙÈü³µ. en-US Mon, 16 Jun 2025 20:40:16 +0000 /insurance/articles/2353939?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance/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 17:20:57 +0000 /insurance/articles/2353885?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance/articles/2353885 A Zurich Insurance Group unit owes over $5.1 million for business income and extra expenses losses and lost property value after a Texas hotel sustained water damage related to vandalism, the hotel owner told an Oregon federal court, saying the insurer covered repair costs but refused to pay for other losses. Mon, 16 Jun 2025 17:17:33 +0000 /insurance/articles/2353686?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance/articles/2353686 Cozen O'Connor announced the hiring of an up-and-coming insurance litigator to its expanding global insurance department, the department's second major addition in as many months, according to a news release Monday. Mon, 16 Jun 2025 17:07:22 +0000 /insurance/articles/2353850?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance/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 16:19:23 +0000 /insurance/articles/2353361?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance/articles/2353361 A Berkshire Hathaway unit can't use misdirection to duck a negligence suit claiming the insurer's failure to defend a negligence lawsuit against a Georgia personal injury law firm led to a $2.6 million default judgment against the firm, according to a recent filing in Georgia federal court. Mon, 16 Jun 2025 15:19:05 +0000 /insurance/articles/2353793?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance/articles/2353793 A California-based insurance provider agreed to pay the Internal Revenue Service penalties for setting up microcaptive policies between 2005 and 2012 that the U.S. Tax Court had ruled in 2019 were insurance arrangements that did not deserve a favorable tax treatment, the IRS announced Monday.  Mon, 16 Jun 2025 14:03:34 +0000 /insurance/articles/2349380?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance/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 21:03:42 +0000 /insurance/articles/2353305?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance/articles/2353305 A venture-backed cancer diagnostics firm and a home insurer are preparing two initial public offerings that could raise $720 million combined next week, joining an energized IPO market following fintech startup Chime Financial Inc.'s debut. Fri, 13 Jun 2025 20:39:09 +0000 /insurance/articles/2353214?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance/articles/2353214 A New Jersey trial court should've reduced a $1.6 million jury verdict to $200,000 sooner in an automobile accident dispute after the plaintiff told both the trial judge and judge in the defendant's bankruptcy proceedings he would seek only $200,000, a state appeals court ruled Friday. Fri, 13 Jun 2025 19:05:17 +0000 /insurance/articles/2353234?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance/articles/2353234 A North Carolina-based hospitality group can't resurrect its suit seeking coverage for pandemic-related losses, a federal court ruled, saying changes in decisional law after a final ruling do not constitute "extraordinary circumstances" warranting relief from a judgment. Fri, 13 Jun 2025 17:29:20 +0000 /insurance/articles/2351765?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance/articles/2351765 The Massachusetts high court's decision in Trustees of Boston University v. CHA, holding that a bespoke contractual indemnity provision means that a construction defect claim is not subject to Massachusetts' statute of repose, should spur design and construction professionals to negotiate limited provisions, says Christopher Sweeney at Conn Kavanaugh. Fri, 13 Jun 2025 16:56:03 +0000 /insurance/articles/2353131?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance/articles/2353131 The New York-based owner of a Berks County, Pennsylvania, home care agency has been sentenced to spend a month in jail and repay $235,778 in fraudulently billed Medicaid claims, the Pennsylvania Attorney General's Office announced Friday. Fri, 13 Jun 2025 16:49:02 +0000 /insurance/articles/2352809?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance/articles/2352809 A representations and warranties insurer accused a private equity firm in Delaware Chancery Court of causing its policyholder to pay too much in its $140 million acquisition of a construction equipment manufacturer, arguing the firm must reimburse the insurer for its $12 million coverage payment. Fri, 13 Jun 2025 16:39:59 +0000 /insurance/articles/2353293?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance/articles/2353293 A Kansas federal judge on Friday refused to hand a full win to a repair company in a suit by a charter flight company alleging one of its planes was damaged by a faulty part causing a "hot start," after a magistrate judge declined to exclude the charter company's expert. Fri, 13 Jun 2025 16:14:53 +0000 /insurance/articles/2353379?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance/articles/2353379 The Third Circuit declined to hold a panel or full court rehearing of its May decision to uphold the Boy Scouts of America's Chapter 11 bankruptcy plan in a pair of Friday orders rejecting petitions by two sets of abuse survivors, with the orders implying some judges on the court had supported taking another look. Fri, 13 Jun 2025 16:14:07 +0000 /insurance/articles/2353004?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance/articles/2353004 Akerman LLP has asked to have two malpractice cases from medical laboratories moved from Palm Beach County to Miami-Dade County, where the firm's related unpaid fees case against Rennova Health Inc. is being litigated. Fri, 13 Jun 2025 15:46:03 +0000 /insurance/articles/2352844?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance/articles/2352844 A signage company accused of failing to perform agreed upon work at a New York redevelopment project must reimburse Travelers over $4.5 million for settling a contractor's claims made against a performance bond, a Pennsylvania federal court ruled. Fri, 13 Jun 2025 14:28:19 +0000 /insurance/articles/2353000?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance/articles/2353000 In this week's Taxation With Representation, Brown & Brown Inc. buys Accession Risk Management Group Inc., Allison Transmission Holdings Inc. acquires Dana Inc.'s off-highway unit, Qualcomm Inc. buys Alphawave IP, and Warner Bros. Discovery announced it will split into two publicly traded companies. Fri, 13 Jun 2025 12:54:14 +0000 /insurance/articles/2353028?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance/articles/2353028 This past week in London has seen Tottenham Hotspur FC kick off against Manchester United co-owner Ineos Automotive following a soured sponsorship deal, Acer and Nokia clash over patents for video coding technology, and two investors reignite litigation against the founders of an AI exercise bike business that unlawfully pocketed $1.2 million in investments to fund their own lifestyles. Here, ¼«ËÙÈü³µ looks at these and other new claims in the U.K. Fri, 13 Jun 2025 10:07:18 +0000 /insurance/articles/2329140?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance/articles/2329140 Speaking to elementary school students about the importance of college and other opportunities after high school — especially students who may not see those paths reflected in their daily lives — not only taught me the importance of giving back, but also helped to sharpen several skills essential to a successful legal practice, says Guillermo Escobedo at Constangy.