Stay updated with breaking news from Eli flesch. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Law360 Insurance Authority readers may know his business as Kim-Chee LLC, the first name in the case caption of the Second Circuit's recent decision in favor of insurers in a wave of business interruption coverage suits stemming from the pandemic. But to Grand Master Chuck Gorino and his students, the business means so much more. ....
The Los Angeles Lakers netted a partial victory in their suit for pandemic coverage when a federal judge said the team showed how the coronavirus could cause physical damage to property, but couldn't show coverage exists under a business interruption claim. ....
New evidence in Las Vegas casino and resort Treasure Island's pandemic coverage suit appears to show that officials with the resort's insurer, Affiliated FM, were concerned about whether communicable diseases might be able to inflict physical loss or damage to property, Treasure Island told a Nevada federal court. ....
Federal appellate courts have taken divergent paths in grappling with COVID-19 coverage cases, with some waiting to hear from state high courts, others consolidating the suits and still more issuing ruling after ruling in favor of insurers who say policies don't cover the economic stifling of a global pandemic. ....
Louisiana's insurance commissioner and two legislative leaders announced a series of proposals Thursday that they say would help strengthen homeowners and the insurance market in a state that has been hit hard by powerful hurricanes. ....