Litigation

Companies will have to report cyber incidents within four days of determining they're material.

According to a complaint filed in the Northern District of California federal court, an insurance company must pay for his legal defense "without regard to whether payments may exhaust the policy limit."

Four pending suits are demanding more than $2 million in damages from Broan-Nutone over a March 2021 fire in a shopping center in New Jersey.

The decision could have wide-ranging implications for insurance disputes — even those on land.

The plaintiff's attorneys said the award is part of a trend of juries across the state becoming increasingly open to awarding sizable verdicts.

The 70-year-old woman was ordered to pay $155,870 in restitution to Travelers Insurance.

Washington Street, LLC sued Nationwide for bad faith, alleging the carrier deliberately and unreasonably delayed policy payments after a building fire.

The case involved a Massachusetts contractor, a NYC building project and faulty work by a New York-based subcontractor.