9th Circ. Renews Coverage Suit Under Ariz. 'Fortuity' Test
The Ninth Circuit has revived a landlord's suit seeking coverage for $2.7 million in water damage after the Arizona Supreme Court for the first time defined a "fortuitous loss" in an insurance policy in respon... (more story)
6th Circ. Backs Insurers In $6.3M Crypto Fire Loss Suit
The Sixth Circuit has affirmed the dismissal of two cryptocurrency mining companies' claims that Travelers Insurance Co. and Northfield Insurance Co. exacerbated their building's fire loss through the claim ha... (more story)
Insurance Litigation Week In Review
A Georgia couple's jurisdictional challenge was denied, an auto parts seller can't get extra coverage for damaged inventory, and an Allianz unit can't dodge a suit seeking coverage for Igloo cooler injuries. L... (more story)
State Farm Says Insureds' $7M Fee Bid Ignores Case Losses
State Farm urged a Seattle federal judge to slash policyholders' bid for attorney fees in two class actions in which the insurer was found liable for shortchanging customers on payouts for totaled vehicles, co... (more story)
LG Says It Doesn't Owe Insurer For Range Fire Damage
LG Electronics USA Inc. doesn't owe an insurer for coverage it paid to a pair of homeowners after the cooktop burner on their LG electric range allegedly caused a fire, LG said in an answer to an insurer compl... (more story)
Auto Parts Shop's Inventory Claim Barred By Other Coverage
A Michigan federal judge said an aftermarket auto parts seller cannot seek coverage for expenses associated with inventory damaged by a rainwater leak because one of the company's policies bars coverage for it... (more story)
Colo. Milling Co. Fights To Keep $6M Coverage Suit Alive
A Colorado-based flour processor urged a state court not to toss its claims over $6 million in coverage for equipment destroyed in a Texas mill explosion, contending insurance adjusters improperly refused to i... (more story)
Conn. Insurers Should Prepare To Explain Premium Hikes
As of Jan. 1, Connecticut insurers must provide a reasonable explanation for personal risk insurance premium increases upon policyholder request, and thus should familiarize themselves with a recent bulletin t... (more story)
Brit Units Sue Over Botched Hurricane Damage Payout
Two Brit units have sued a U.S. claims outsourcer over the company's allegedly botched handling of a payout caused by Hurricane Laura in Louisiana that the insurance companies contend left them on the hook for... (more story)
Insurers Can't Avoid $5.3M Motel Damage Suit, Court Told
A real estate development company urged a Washington federal court to reject its insurers' bid to avoid a suit seeking $5.3 million in coverage for damage to a motel that was supposed to be converted into affo... (more story)