Tag: Litigation

Demotech Enhances Homeowners' Insurance Initiatives for 2023

Discover how Demotech is transforming homeowners' insurance availability and affordability with innovative strategies and ratings. Learn more about their initiatives!

Enhancing Accessibility and Affordability in Homeowners' Insurance

Discover how Demotech enhances homeowners' insurance accessibility and affordability while tackling industry challenges and promoting effective regulatory measures.

Class Action Lawsuit Targets Energy Companies Over Homeowner Insurance Costs

Explore how a class action lawsuit impacts homeowner insurance costs due to climate risks. Understand the implications for insurers and regulatory compliance.

Trucking Insurance Trends: Navigating Challenges in Compliance and Safety

Explore the shifts in commercial trucking insurance, from premium increases to the impact of litigation. Learn strategies for compliance and risk management.

New York’s High Insurance Costs Driven by Legal and Regulatory Factors

New York's insurance premiums are among the highest in the U.S., driven by no-fault auto insurance laws, the Scaffold Law, and rising litigation finance. Legal reforms could reduce costs and improve market competition.

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.