Three insurance companies have rejected Chevron’s claim over the seizure last year of an oil cargo by Iran, according to a complaint filed on Tuesday in a U.S. court in California. The Chevron-chartered tanker Advantage Sweet was boarded by Iranian …
A Montana attorney who helped win a $36.5 million jury verdict for a worker exposed to asbestos at the Libby Mine is asking a federal court to void a loss-portfolio deal that transferred liability for hundreds of similar claims from …
Insurers continue to prevail in the vast majority of lawsuits that seek business-interruption coverage for income lost during COVID-19 shutdowns, but a small minority of state court judges are taking a contrary view. On Monday, Cook County Circuit Court Judge …
A liability insurance carrier that excluded any violation of telecommunications laws from coverage had no duty to defend a loan servicer from a class-action lawsuit that accused it of making harassing robocalls to more than 1 million cell phones. The …
A lawsuit filed by the owner of a Chicago hotel and its rooftop bar will put to test a request by the Illinois Insurance Department that insurers disregard any slowdown caused by COVID-19 when calculating business income lost due to …
Zurich American Insurance Co. concluded that heart disease killed Joseph Arruda, not the spine fracture he suffered after his vehicle careened across opposite lanes of traffic and collided with an oncoming vehicle. Zurich denied an accidental death claim filed by …