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'Warlike action' exclusion didn't protect insurers from Merck's cyberattack claim, appeals court says

A New Jersey appeals court ruled last week that an exclusion for “hostile/warlike action” in insurance policies covering ....

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Who's on the Hook for Pandemic-Related Business Disruptions? Courts Agree, It's Not Property Insurers.

Courts across the country agree: Businesses can t use property insurance to cover their losses from closure due to Covid-19. ....

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HDI Global names captive leader | Business Insurance

HDI Global Insurance Co. (HDI Global USA) said Tuesday it has hired former Amazon.com Inc. executive Jason Tyng as lead of captive solutions. ....

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Bankruptcy Court Ruling Secures $93M in Additional Coverage for Refinery Owners

The owner of a Philadelphia refinery that was shut down after a June 2019 explosion secured at least $93 million in additional coverage from its insurers ....

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SKECHERS Seeking to recoup defense costs, Skechers sues insurer

Skechers USA Inc. has filed a lawsuit against an insurer for at least $3 million, arguing breach of contract related to its costs in a separate trademark lawsuit brought against the giant shoe company headquartered in Manhattan Beach. The footwear company, in its suit, said HDI Global Insurance Co. did not pay for its defense in a federal lawsuit about whether. ....

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