Commercial Lines
Sunoco Subsidiary Sues AIG’s National Union Over Climate Change Lawsuit Coverage
Sunoco subsidiary Aloha Petroleum has filed a federal lawsuit in Hawaii against AIG's National Union Fire Insurance Company of Pittsburgh, saying the insurer has breached its duty to defend Aloha ...
Q2 Commercial P/C Premiums Up 6.1%: CIAB
The second quarter of 2022 marked a full five years of premium increases across all lines of commercial insurance business, according to the latest report from the Council of Insurance Agents and ...
S.C. Joins 3 Other State Supreme Courts, Rules No Coverage for COVID-19 Shutdown
The South Carolina Supreme Court on Wednesday became the fourth state high court in the nation to rule that the virus that causes COVID-19 cannot cause a direct physical damage or loss covered by a ...
Coalition to Now Offer Cyber Policies With Acquisition of Admitted Carrier
Coalition said it received regulatory approval and completed the acquisition of Digital Affect Insurance Company from Munich Re Digital Partners US Holding Corporation. Digital Affect Insurance ...
Cyber Insurance Gap Growing: Survey Report
According to a survey report released yesterday, not only are most North American businesses still not buying cyber insurance, but those that are don't buy enough limit to cover last year's median ...
Viewpoint: La. and N.Y. Appellate Courts First to Find Physical Loss From COVID-19 Shutdowns
There is a hole in the dam. Prior to June 14, every one of the 77 federal and 44 state court appellate decisions interpreting the meaning of "direct physical loss or damage" in a standard-form ...
Independent Agents Place Majority of U.S. P/C Insurance: Big I
The independent agency channel places 62 percent of all property/casualty insurance written in the U.S., according to the Big "I" 2022 Market Share Report. The annual Market Share Report compiles and ...
How Should Insurers Be Thinking About Digital Privacy Post-Roe v. Wade?
The U.S. Supreme Court's June overturning of the 1973 Roe v. Wade decision protecting women's constitutional right to an abortion has brought with it reports of growing digital privacy concerns. Most ...