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Insur. Business

Delaware high court denies Albertsons coverage for opioid lawsuits

A coalition of major commercial insurers defeated a bid by grocery chain Albertsons to recover the costs of defending more than 100 opioid lawsuits under

Insur. Business

Tokio Marine partners on restaurant coverage

Tokio Marine HCC – Specialty Group, a unit of Tokio Marine HCC, said Wednesday it partnered with Adaptive Insurance to distribute its Restaurant Recovery coverage

Insur. Business

Cyber coverage gaps widen as insurers struggle to keep pace with AI risks

Evolving threats and inconsistent policy language are exposing critical weaknesses in cyber insurance Source link

Insur. Auto

Hanover fights to end coverage for property manager in tenant class action

The trouble started with David Friend, a tenant at the Solace apartment complex in Portland, according to the filing. Friend filed a class action accusing

Insur. Business

Digital asset risks require policy changes to ensure coverage

PHILADELPHIA – Digital assets have entered the financial mainstream, bringing familiar risks in new forms and exposing gaps in traditional insurance coverage, according to a

Insur. Business

Casinos ramp up tech, coverage for emerging risks

PHILADELPHIA – Casino operators are turning to technology such as facial recognition and analytics to help identify and mitigate emerging threats from active shooter incidents

Insur. Business

Worker classification overhaul signals growth – and gaps – in contractor coverage

From an insurance perspective, the distinction between employee and independent contractor is critical. “The biggest difference is the statutory requirement for workers’ compensation,” Gingue explained.

Insur. Carrer

California steps back from mandating insurers offer coverage

A Los Angeles Times analysis found that in the Palisades and Eaton fire zones alone, FAIR Plan enrollment nearly doubled from 14,272 to 28,440 between

Insur. Business

Farm Bureau asks court to reject Wal-Mart’s $4.7M coverage demand

The story, as Farm Bureau tells it, starts on January 16, 2023, at a Wal-Mart Superstore in Amite, Louisiana. A shipment of plants from Farm

Insur. Business

Airport handed a win in decades-old pollution coverage dispute

A unit of American International Group must face renewed claims that it owes potentially unlimited coverage for environmental cleanup costs at a Southern California airport,