4th Circuit Affirms Decision Rejecting Art Studio’s COVID-19 Claim March 8, 2022 By Jim Sams Another federal appellate court ruled Monday that a business interruption caused by COVID-19 does not amount to a physical damage...
APCIA: Inflation Outpacing Premium Increases for Auto and Homeowners Lines March 8, 2022 By Jim Sams US Insurers — already hammered by extraordinary losses caused by natural disasters — are also failing to raise premiums at...
Texas Supreme Court Allows For Exception to 8-Corners Rule March 7, 2022 By Jim Sams For more than 50 years, insurers have known that their duty to defend a Texas policyholder from a lawsuit must...
Social Inflation Increased Commercial Auto Claim Costs by $20B Over 10 Years March 7, 2022 By Jim Sams The insurance industry is ringing alarm bells about the cost of social inflation again, this time with the help of...
7th Circuit: Liberty Must Defend USA Gymnastics in Nassar Lawsuits; Coverage May Be Limited March 2, 2022 By Jim Sams Larry Nassar is accused of sexually assaulting hundreds of girls and young women while working with USA Gymnastics, resulting in...
Kansas Court Rules Insurer had No Duty Pay Policy Limit Before Demand Was Made February 28, 2022 By Jim Sams A claims adjuster’s sub-standard investigation of a potential fatal accident claim does not warrant a multi-million award of damages against...
Actuaries: Social Inflation Increased Commercial Auto Claim Costs by $20B Over 10 Years February 24, 2022 By Jim Sams The insurance industry is ringing alarm bells about the cost of social inflation again, this time with the help of...
8th Circuit: Insurer Owes Nothing to Arkansas Man Who Lied on Proof of Loss Statement February 23, 2022 By Jim Sams After his house burned down in 2015, Rick Merechka turned in a sworn proof of loss statement telling his insurance...
How Car, Home Inflation Is Driving Up Loss Costs for Insurers February 21, 2022 By Jim Sams The two possessions that most concern insurers — homes and motor vehicles — happen to be the largest contributors to...
Wisconsin High Court Limits Bodily Injury Coverage to Insured Persons February 17, 2022 By Jim Sams An auto insurer is not required to pay underinsured motorist benefits to the son of man who was killed in...