Liability insurers that write in West Virginia and beyond received some unsettling and expensive news from the state Supreme Court last week: Without iron-clad policy language barring coverage, long-tail illness claims must be covered and a carrier has a duty …
Erie Insurance Co. is taking its tiff with the Maryland insurance commissioner over the handling of discriminatory practices findings to federal appeals court. The insurer maintains that the Maryland Insurance Administration has not afforded it adequate opportunity to respond to …
Whether you call it an acquisition or a merger, the fact that Willis Group Holdings ended up controlling Towers Watson and shareholders filed a lawsuit alleging they were shortchanged triggered a “bump-up” exclusion in a directors and officers policy, a …
Another federal appellate court ruled Monday that a business interruption caused by COVID-19 does not amount to a physical damage or loss covered by a commercial property insurance policy. A panel of the 4th Circuit Court of Appeals affirmed the …
A bankruptcy filing did not stop the clock from running on North Carolina’s three-year statutory deadline for filing a lawsuit seeking insurance coverage, a panel of the 4th Circuit Court of Appeals ruled Wednesday. The appellate court affirmed a decision …