Commercial Lines
Federal Judge Dismisses Multiple Pennsylvania COVID-19 Claims
A Western Pennsylvania federal district judge has dismissed eight cases seeking payment for COVID-19 business interruption coverage from several insurers including Cincinnati Insurance, Travelers ...
Insurers Win Key Parts of Stonegate COVID-19 Business Interruption Case: MS Amlin
Insurers have won key parts of a complex legal battle with British pubs group Stonegate, MS Amlin said after Monday's judgment on the 1 billion pound ($1.13 billion) lawsuit against three top ...
Marsh Optimistic About Continued Cyber Market Stabilization
In its latest update of the cyber market, broker Marsh said there are signs of improvement, with average rate increases continuing a trend of steady decline. Marsh said rate increases for cyber ...
Plastic Pollution Could Trigger $20 Billion in Lawsuit Payouts
Litigation could cost the plastics industry and its insurers $20 billion in the U.S. over the next eight years, according to a report backed by the United Nations and an Australian ...
AM Best: Trouble Around the Bend for Commercial Auto Insurers After Good 2021?
For the first time in many years the commercial auto insurance segment enjoyed a combined ratio below 100 in 2021, but increased claim frequency and severity in 2022 point to a U-turn in financial ...
Erie and Auto-Owners Earn Top Spots in J.D. Power Independent Agent Satisfaction Study
Independent agents have never been more satisfied with their carrier partners, and overall satisfaction for both personal and commercial lines has once again reached an all-time high, according to ...
Social Media Company Liability Draws U.S. Supreme Court Scrutiny
The U.S. Supreme Court will decide whether social media companies can be sued over targeted content recommendations, agreeing to hear an appeal from a family that says Alphabet Inc.'s Google bears ...
Vermont High Court: COVID Virus, Like Cat Urine, Can Cause Physical Loss
Citing decisions that found insurance coverage was owed for contamination caused by cat urine and gasoline vapors, the Vermont Supreme Court broke from courts across the nation and found that ...