Litigation

As this type of litigation continues to evolve, insurance companies are keeping close tabs on the situation.

More than 50 people have been charged for their involvement in the insurance fraud ring, which operated since at least 2015.

Lawyer Mike Huddleston was involved in numerous insurance cases that resulted in landmark decisions.

The case hinged on the innocent insured doctrine, which allows for recovery if a co-insured deliberately causes a loss.

Chubb Chairman and CEO Evan Greenberg delivered the Tuesday morning keynote at RIMS RISKWORLD in San Diego.

The 89 lawsuits against a corporate defendant in 2023 that resulted in a nuclear verdict of at least $10 million is the largest number of such cases in a single year since 2009.

The court determined that letters contesting liability must be delivered, not just mailed, within 28 days.

Homesite Insurance paid the homeowners $691,305.12 under the terms of their insurance policy, according to the complaint.