The reservation of rights letter is often misunderstood by insurers, insureds, and attorneys. This treatment attempts to clarify its use.
"The lawsuit alleged, among other things, that the landline telephone assets that Spinco and FairPoint received in exchange for their cash, stock and debt securities were effectively worthless and made Spinco and FairPoint immediately insolvent at the time of the transactions," said McKenna.
Bed bugs are something no one wants to bring home from vacation. Some states have regulations regarding prevention of and eradication of bed bugs for hotel properties.
When an insured cleans up a spill he didn't cause and a claim is made, is there any coverage?
In October 2022, an Illinois jury handed down a first-of-its-kind verdict holding BNSF Railway Company liable for no fewer than 45,600 reckless or intentional violations of Illinois' Biometric Information Privacy Act (BIPA).
An overview of bed bug infestations and related hazards.
In October 2022, an Illinois jury handed down a first-of-its-kind verdict holding BNSF Railway Company liable for no fewer than 45,600 reckless or intentional violations of Illinois' Biometric Information Privacy Act (BIPA).
The California Department of Insurance has issued a bulletin reminding insurers that the doctrine of efficient proximate cause prevails in first party insurance disputes.
The victim sued the bank in a premises-liability action after he was shot in the head on bank premises after banking hours.
Governor De Santis has signed into law (effective January 1, 2023) a number of property insurance reforms that will help to stabilize the market in the state that are briefly discussed in this article. The full effect of these changes including the elimination of one-way attorney fees and assignment of benefits (AOBs) will take some time.