Michigan Proposal SB 245 May Increase Insurance Litigation, Costs
Michigan's SB 245 proposes expanding insurance claims litigation rights, raising concerns about higher premiums and market disruption.
M.C. Dean, Inc. v. Berkshire Hathaway: Miller Act Litigation in Virginia
Overview of the M.C. Dean, Inc. v. Berkshire Hathaway Specialty Insurance litigation under the Miller Act in Virginia Eastern District court, focusing on construction payment protection claims.
Texas Court Affirms Insurance Coverage Limits and Insurer No-Duty Rule
Texas court confirms insurer's no-duty to advise on coverage adequacy, upholding policy limits in property insurance fire damage case.
NC Appeals Court Upholds Asset Protection Order in Insurance Rehabilitation Contempt Case
North Carolina appeals court upholds contempt ruling against Greg Lindberg for violating asset protection orders in insurance company rehabilitation, emphasizing strict judicial oversight of related-party transfers and compliance.
Federal Judge Allows Bristol-Myers Pension Risk Transfer Lawsuit to Proceed
A federal judge permits a pension risk transfer lawsuit against Bristol-Myers Squibb over ERISA fiduciary duty allegations related to pension obligations transferred to Athene.
Plaintiff Legal Advertising Surge Raises Insurance Cost Concerns
Explore how a 32% rise in plaintiff attorney advertising in 2024 is influencing U.S. property and casualty insurance costs, with insights from expert Robert P. Hartwig.
Litigation Trends Drive Economic Impact on U.S. Property Casualty Insurance
Dr. Robert P. Hartwig discusses how litigation trends and frivolous lawsuits impact U.S. property casualty insurance costs and economic factors, per APCIA analysis.
Travelers Casualty Insurance Company v. New Mexico Bone and Joint Institute Case Overview
Overview of the insurance litigation case between Travelers Casualty Insurance Company and New Mexico Bone and Joint Institute, focusing on key contractual and coverage disputes in New Mexico.
Court Affirms No Coverage for ATV Accident Under Standard Auto Policy
A federal appeals court in Michigan ruled that injuries from an ATV accident are not covered under standard auto insurance policies due to the vehicle's off-road design. This decision impacts coverage interpretation under Michigan's no-fault statute.
Tech-Enabled Claim Instigation Drives Litigation Risks in Transportation Insurance
Demotech uncovers AI-driven claim instigation tactics fueling litigation and insolvency risks in the U.S. transportation insurance sector, prompting industry-focused legislative discussions and strategic defense initiatives.