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Writing for the panel, Fifth Circuit Judge James E. Graves Jr. said the court must determine whether the five categories of costs were losses incurred solely as a result of the system failure.

The criminal enterprise, masterminded by two brothers, reprogrammed cars' computers to give thieves easy, undetected access.

The proposed class encompasses Hartford Insurance policyholders in New Jersey and those insured by Twin City in Missouri who filed claims within certain dates.

In a proposed circular letter, the DFS recommended actions for insurers to prevent discrimination when using AI and ECDIS.

Insurance industry news from Verisk, Ryan Specialty, InsurTech NY and more.

Nikola claims it is prepared to resolve claims against its directors and officers, but its insurers refuse to approve to proposals.