Commercial Lines
-
First NY Policyholder Business Interruption COVID-19 Win
April 07, 2021 | Historical Lit Watch
The court found that some exclusions in the policy were inapplicable to the unprecedented pandemic situation of 2020.
-
Insurer Not Obligated to Pay in Phishing Scheme
March 02, 2021 | Historical Lit Watch
The court found that the insured did not hold the funds that were diverted, so the insurers were not on the hook for coverage.
-
Maine High Court Finds No Advance Notice of Cancellation
February 25, 2021 | Historical Lit Watch
The insurance policy expired on the 18th, and a $15 million fire occurred on the 19th and the court determined the notice of cancellation was not adequate.
-
Robinhood Sued for Death of 20 Year Old Trader
February 16, 2021 | Historical Lit Watch
CW: Suicide. The trader killed himself after wrongfully believing that he owed more than $700k in order to save his family from such an extensive amount of debt.
-
Damage Caused by Animals, Property Insurance Limitations
February 08, 2021 | Historical Lit Watch
The court found that an insurance policy exclusion for "domestic animals" can be interpreted in two different ways.
-
Federal Judge Asks State Supreme Court for COVID-19 Ruling
January 26, 2021 | Historical Lit Watch
Differing interpretations of Ohio law by various courts will undermine the uniform application of the law to litigants in similar situations.
-
Court: Law Does Not Preclude Enforcement of Policies Notice Requirements
January 20, 2021 | Historical Lit Watch
The New York Supreme Court, Appellate Division, has determined that in the case of a personal injury action that was reported after a renewal policy began, but outside of the depicted reporting periods, New York insurance law does not preclude enforcement of claims-made-and-reported policy's notice requirements.
-
Sea Captain Gets $11M After Injury on Unseaworthy Vessel
January 06, 2021 | Historical Lit Watch
An appeals court in New Orleans has unanimously affirmed a district court's ruling that a sea captain is entitled to more than $11 million in lost future earnings after he was injured tripping over a stair in a hatch door, despite being the employee of no one.
-
Insurer Sues Policyholder Over Coverage for Opioid Litigation
December 14, 2020 | Historical Lit Watch
In a 600 page complaint, the insurers are seeking a declaration that they are not obligated to defend or indemnify McKesson Corporation against lawsuits seeking to hold McKesson liable for its role in the opioids epidemic under insurance policies issued by AIG to McKesson.
-
Illinois Supreme Court Corrects Error of Policy Interpretation
December 14, 2020 | Historical Lit Watch
The Illinois Supreme Court has once again corrected an error of insurance policy interpretation by the Illinois Appellate Court, Fifth District and held that the mechanical device exclusion in the policy in question was not ambiguous.
Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.