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NY State Appellate Court Holds That Pollution Exclusions Bar Duty to Defend Under Liability Policies for Claims Alleging Exposure to PFAS | White and Williams LLP

On January 6, 2022, the New York Supreme Court, Appellate Division, Third Department, held that the “sudden and accidental” pollution exclusion (SAPE) and “absolute” pollution exclusion. ....

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AM Best Affirms Credit Ratings of American International Group, Inc. and Its Subsidiaries

AM Best has affirmed the Long-Term Issuer Credit Rating of“ bbb” of American International Group, Inc.. Concurrently, AM Best has affirmed the FSR of A and the Long-Term ICRs of“ a” for the members of the AIG Life& Retirement Group. Full-year 2020 consolidated operating results were negatively impacted by significant catastrophe losses, including the effects from. ....

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Insurers' COVID-19 Notepad: What You Need to Know Now (Week of August 2) | All Alerts & Newsletters

Insurers' COVID-19 Notepad: What You Need to Know Now (Week of August 2) | All Alerts & Newsletters
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Turf Paradise Operating Group Suing Insurance Company For COVID-Related Losses - Horse Racing News

Turf Paradise Operating Group Suing Insurance Company For COVID-Related Losses
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Turf Paradise in Phoenix, Ariz.
TP Racing LLP, which operates Turf Paradise in Phoenix, Ariz., filed a civil lawsuit against American Home Assurance Company last week for what the racing group says is a failure to pay for COVID-related losses covered under the group s insurance policy. The complaint, filed in the U.S. District Court for the District of Arizona, seeks a jury trial for the racing group s claim on its American Home policy, which the company denied in July 2020.
According to TP Racing, the organization maintained a policy with American Home which promised to pay for business income losses, losses caused by loss of property or restriction of access to properties, and interruption of business due to orders of a civil authority. TP Racing s complaint states that the insurance policy does not specifically contain an exemption for viruses or bacteria. ....

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