/insurance-authority/specialty-lines?utm_source=rss&utm_medium=rss&utm_campaign=section Latest articles for: Insurance Authority Specialty Lines Copyright 2025 极速赛车. en-US Fri, 18 Apr 2025 19:31:59 +0000 /insurance-authority/specialty-lines/articles/2327497?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-authority/specialty-lines/articles/2327497 The U.S. Supreme Court's revival of Cornell University workers' class action alleging聽excessive retirement plan fees will likely spur a rise in lawsuits zeroing in聽on employers' arrangements with recordkeepers and other service providers, and could make those cases tougher to knock out of court, attorneys say. Thu, 17 Apr 2025 21:44:47 +0000 /insurance-authority/specialty-lines/articles/2326973?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-authority/specialty-lines/articles/2326973 A North Carolina Supreme Court justice seemed skeptical of a construction company's argument that a sheriff's department should cover the entire cost of a workers' compensation payout to a deputy injured while directing traffic on a bridge repair job, citing the court's precedent on the topic during an oral argument Thursday. Thu, 17 Apr 2025 20:54:04 +0000 /insurance-authority/specialty-lines/articles/2326914?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-authority/specialty-lines/articles/2326914 Colorado launched the country's first new Fair Access to Insurance Requirements, or FAIR, Plan in 40 years to offer residents another tool in an increasingly challenging wildfire, hail and wind market, but experts emphasized that this limited form of coverage is not intended to address affordability concerns. Thu, 17 Apr 2025 19:56:06 +0000 /insurance-authority/specialty-lines/articles/2327026?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-authority/specialty-lines/articles/2327026 A trio of Oxford Risk Management Group LLC reinsurance customers this week won fast-tracking of three Court of Chancery suits that raised multiple claims, including for treble damages, after ORMG declared that it had unilaterally transferred some of its U.S. accounts and exposures to an allegedly steeply undercapitalized, captive Bermuda reinsurer. Thu, 17 Apr 2025 19:48:19 +0000 /insurance-authority/specialty-lines/articles/2327069?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-authority/specialty-lines/articles/2327069 Auto insurers can't shake feds' "forced coverage" claims, the Suquamish Tribe asks the U.S. Supreme Court not to weigh in on its COVID-19 coverage case, saying its court has jurisdiction, IBM wants coverage for $900 million in environmental expenses and Consumer Watchdog sues California's insurance chief over proposed post-wildfire insurance surcharges. Thu, 17 Apr 2025 18:22:05 +0000 /insurance-authority/specialty-lines/articles/2327050?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-authority/specialty-lines/articles/2327050 Policyholders face numerous coverage issues for underlying claims made under a federal law addressing fraud in government programs, including high states and unusual circumstances, said Lilit Asadourian, a policyholder-side attorney who has fought these issues in Delaware courts and beyond. Here, Asadourian tells 极速赛车 how policyholders can anticipate and address coverage challenge in False Claims Act suits. Thu, 17 Apr 2025 14:57:20 +0000 /insurance-authority/specialty-lines/articles/2323524?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-authority/specialty-lines/articles/2323524 The general aviation and airline insurance industry remains steady despite supply-chain concerns and a rise in accident rates. Here, Philip Stafford, a senior partner in Gallagher's aerospace division, shares his thoughts on the current state of this sector with 极速赛车. Thu, 17 Apr 2025 11:21:46 +0000 /insurance-authority/specialty-lines/articles/2326307?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-authority/specialty-lines/articles/2326307 Insurance regulators must strengthen their understanding of the threats posed by climate change and better consider how those risks will shape the stability of the sector, a group of international regulators said in a report. Wed, 16 Apr 2025 18:12:11 +0000 /insurance-authority/specialty-lines/articles/2326211?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-authority/specialty-lines/articles/2326211 A聽healthcare company was rightfully denied coverage for a settlement over the erroneous approval of a Florida Medicaid recipient's out-of-state treatment, a Fifth Circuit panel ruled, finding the company breached its policy when it failed to inform its insurer of the agreement聽in advance. Tue, 15 Apr 2025 20:03:28 +0000 /insurance-authority/specialty-lines/articles/2325774?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-authority/specialty-lines/articles/2325774 Public interest nonprofit Consumer Watchdog sued California's insurance chief in Los Angeles Superior Court on Monday to stop him from allowing insurance companies to offset hundreds of millions of dollars in assessment costs as surcharges onto policyholders, claiming the decision was made without any public input, in violation of the state's Administrative Procedure Act.聽 Tue, 15 Apr 2025 19:49:35 +0000 /insurance-authority/specialty-lines/articles/2325857?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-authority/specialty-lines/articles/2325857 Beazley Insurance Co. and certain former directors and officers of a special purpose acquisition company that ultimately became a solar financing company accused the successor company in Delaware Chancery Court of failing to indemnify and advance costs they incurred in two cases stemming from the SPAC merger. Tue, 15 Apr 2025 19:31:05 +0000 /insurance-authority/specialty-lines/articles/2325856?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-authority/specialty-lines/articles/2325856 A law firm isn't owed additional coverage after hackers allegedly stole more than $1.5 million intended for an attorney who had partnered with the firm on a personal injury case, its cyber insurer said, asking a Washington federal court to dismiss the bulk of the claims. Tue, 15 Apr 2025 18:15:20 +0000 /insurance-authority/specialty-lines/articles/2325587?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-authority/specialty-lines/articles/2325587 General Motors, OnStar and other companies facing multidistrict litigation accusing them of collecting driving data and selling it without user consent have urged a Georgia federal court to dismiss the claims, arguing that driving data is public because driving happens on public roads. Tue, 15 Apr 2025 17:35:01 +0000 /insurance-authority/specialty-lines/articles/2325608?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-authority/specialty-lines/articles/2325608 A nonprofit cannot get more coverage from Auto-Owners Insurance Co. for an employee theft scheme that caused losses totaling roughly $554,000, a Kansas federal court ruled, interpreting the scope of a "prior loss provision" that covered losses occurring before the policy's coverage period. Mon, 14 Apr 2025 18:48:25 +0000 /insurance-authority/specialty-lines/articles/2324928?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-authority/specialty-lines/articles/2324928 A group of insurers will have to face the federal government's claims that they forced auto-loan customers to pay for unnecessary "collateral protection insurance" by setting an unreasonably high bar for proving the borrowers held other auto insurance policies, a Pennsylvania federal judge ruled Monday, concluding that the United States had satisfied pleading standards. Fri, 11 Apr 2025 18:45:03 +0000 /insurance-authority/specialty-lines/articles/2324611?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-authority/specialty-lines/articles/2324611 Insurers were allowed Friday to dismiss their case in Texas federal court against Team Industrial Services Inc. seeking to disclaim coverage for underlying suits filed against the company in connection with injuries from a 2021 explosion at a chemical plant. Fri, 11 Apr 2025 16:55:59 +0000 /insurance-authority/specialty-lines/articles/2323403?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-authority/specialty-lines/articles/2323403 During and leading up to deposition, witnesses may experience anxiety stemming from numerous sources and manifesting in a variety of ways, but attorneys can help them mitigate their stress using a few key methods, say consultants at Courtroom Sciences. Fri, 11 Apr 2025 13:13:06 +0000 /insurance-authority/specialty-lines/articles/2324032?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-authority/specialty-lines/articles/2324032 The potential for significant trade-related losses as a result of increased tariffs may cause companies to consider which of their insurance policies, including marine, builders risk, trade credit, and directors and officers, could provide coverage to alleviate the financial impact, say attorneys at Pillsbury. Thu, 10 Apr 2025 22:21:26 +0000 /insurance-authority/specialty-lines/articles/2323823?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-authority/specialty-lines/articles/2323823 Conditions in the market for cyber insurance are positive for buyers, and insurance meant to protect against mergers and acquisitions improprieties can form a key part of transactions as cyber risks increase, industry and legal professionals said Thursday. Thu, 10 Apr 2025 18:11:28 +0000 /insurance-authority/specialty-lines/articles/2323986?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-authority/specialty-lines/articles/2323986 The children of an Amazon worker can proceed with their claim that their uncle exercised "undue influence" to get named as a beneficiary on their father's life insurance plan, an Ohio federal judge said Thursday, noting the Employee Retirement Income Security Act did not preempt the allegations.