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Chubb Loses Bid to Enforce D&O Coverage Exclusions in Opioid-Related Case
A federal judge in North Carolina has ruled against a Chubb subsidiary in its attempt to rid itself of defense-cost obligations in opioid-related litigation by enforcing two policy exclusions. According to court documents in U.S. District Court for the Middle … Source: Claims Journal
Read MoreDenver to Pay $4.7 Million to Settle Claims of George Floyd Protesters
Denver will pay $4.7 million to settle a class action lawsuit that alleged that protesters were unjustly targeted for violating the city`s curfew during demonstrations over the killing of George Floyd in 2020. City councilors unanimously agreed to the deal … Source: Claims Journal
Read MoreAppeals Court Blasts Insurer’s Conduct in Denying Claim Over Insured’s Conduct
Philadelphia Indemnity Insurance Co. is not entitled to the summary judgment it was granted by a federal district court in a building fire case in which it claimed the insured was not cooperative in accommodating its requests for examinations under … Source: Claims Journal
Read MoreHurricane Idalia Could Cost Insurers $9.36 Billion: UBS
Insurers were expected to face claims for billions of dollars from Hurricane Idalia which made landfall in Florida on Wednesday, adding to a challenging year for the industry that could result in higher premiums for customers. Hurricane Idalia plowed into … Source: Claims Journal
Read MoreUpdate: Idalia Knocks Out Power Across Southeast, Snarls Flights, Churns to Georgia
Hurricane Idalia churned into Georgia after knocking out power to hundreds of thousands of Florida customers, grounding more than 900 flights and unleashing floods far from where it came ashore as a Category 3 storm earlier Wednesday. Idalia’s top winds … Source: Claims Journal
Read MoreAppeals Court Dismisses 14 COVID Business Insurance Claims Against Travelers
The Ninth Circuit Court of Appeals has dismissed lawsuits by 14 businesses seeking insurance coverage from Travelers Insurance for business losses stemming from COVID-19 and the related government shutdown orders. The federal appeals court affirmed the denial of the claims … Source: Claims Journal
Read MoreHurricane Idalia Strikes Florida With Powerful Category 3 Winds
Hurricane Idalia came ashore on Florida’s west coast with destructive Category 3 winds, triggering blackouts and unleashing flooding rains and dangerous storm surge. Idalia’s maximum sustained winds reached 125 miles (201 kilometers) per hour Wednesday as it slammed into the … Source: Claims Journal
Read MoreMassive Wildfire in Greece Persists Despite European Firefighting Efforts
A massive wildfire was burning unabated in northeastern Greece for the 11th day Tuesday despite the efforts of hundreds of firefighters and a fleet of water-dropping aircraft. After burning across vast tracts of land, the blaze in the Alexandroupolis and … Source: Claims Journal
Read MoreCalifornia Jury Awards $3.75 Million to Protester Shot by Hard-Foam Projectiles
A jury awarded $3.75 million in damages this week to a protester shot twice with hard-foam projectiles fired by Los Angeles police during demonstrations in 2020. Jurors on Wednesday ruled that the LA Police Department was negligent when one or … Source: Claims Journal
Read MoreHawaii Electric Takes Responsibility for First Fire on Maui, But Faults Firefighters
Hawaii’s electric utility acknowledged its power lines started a wildfire on Maui but faulted county firefighters for declaring the blaze contained and leaving the scene, only to have a second wildfire break out nearby and become the deadliest in the … Source: Claims Journal
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