Insurance Journal examined industries experiencing changes and a few challenges due to economic forces, tough insurance market conditions, and societal pressure. Here are 10 industry sectors that could see new and emerging risks in 2023 and beyond. Cyber Complexities It …
A technology and cybersecurity services firm and its insurer have settled a business interruption claim linked to a data breach one month after a federal judge denied the insurer’s bid to have the claim dismissed. The claim involved business losses …
A federal judge has halted a New Jersey law allowing the state attorney general to bring civil lawsuits against the gun industry in that state. U.S. District Judge Zahid N. Quraishi granted a preliminary injunction against enforcement of the law …
The Rhode Island Supreme Court for the first time has found the definition of pollution in a commercial policy ambiguous enough to justify vacating a lower court’s summary judgment in favor of the insurer. The insurer, Arbella Protection Insurance Co., …
New York Gov. Kathy Hochul last night vetoed a measure that would have expanded wrongful death benefits after her late bid for amendments was rejected by the sponsors of the bill. In vetoing the Grieving Families Act, Hochul called for …
Today is the deadline for New York Gov. Kathy Hochul to decide whether to sign legislation that will expand the types of damages that could be won in wrongful death cases. The bill, known as the Grieving Families Act, seeks …
A grocery chain is entitled to recoup costs it incurred defending an automatic door installer against negligence claims brought against them both, but it is not entitled to recover the costs it incurred defending itself under the terms of the …
The parents of a Maine three-year old boy who accidentally shot himself with a loaded pistol filed a negligence suit against the owner of a Vermont home where the boy found the gun while on a visit. The boy’s family …
Insurer Chubb is being accused of misleading consumers in the way it offers insurance premium discounts to homeowners as percentages without specifying the actual dollar amounts that insureds can save, and allegedly not applying all of the promised discounts. A …
The U.S. Supreme Court today allowed New York’s new gun carry law to remain in effect as legal challenges to the statute continue. In denying plaintiffs’ bid to vacate a Second Circuit Court of Appeal’s denial of a district court …
