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Insurance company argues against defending senior living operator in wrongful death suit

A policy lapse means that an insurer does not have to defend an assisted living community from a lawsuit, the insurer argues. ....

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Elpha Secure Technology Raises $20M in Series A Funding

FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time! ....

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Caesars Sues More Than 36 Insurers Over $2B Virus Loss

Gaming industry giant Caesars Entertainment Inc. has brought more than 36 property insurers to Nevada state court, alleging the carriers should pay for its over $2 billion in pandemic-related losses after it gave COVID-19 sick pay to over 15,000 employees and had more than 2 million cancellations. ....

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Court Denies Insurer Use of Multiple Exclusions to Get Out of Defending Insured

Everest Indemnity Insurance Co. is on the hook to defend an insured alleged to have improperly installed a fire suppression system under its errors and ....

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