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New Jersey Law Journal

Compulsory Liability Insurance

I recommended that the Legislature amend the insurance statutes to provide that the minimum liability and UM/UIM coverage for automobiles and all motor vehicles be increased to $100,000. The action of the Legislature in increasing the compulsory insurance limits to $25/50,000 on Jan. 1, 2023 and $35/70,000 on Jan. 1, 2026 is welcome, but is not enough.
2 minute read

New York Law Journal

New President Aims to Grow New York Claim Association, Boost Education and Networking

Matthew Jones is a fourth-general lawyer in his family's more than century-old firm, which represents mostly insurance carriers and self-insured employers.
2 minute read

New York Law Journal

First Dept. Tosses Out Most of MSG Companies' COVID-19 Business Loss Suit Against Major Insurers

The lawsuit, filed in March 2021, alleges that the 35 linked Madison Square Garden companies paid "millions of dollars in premiums," but "instead of honoring their obligations, the Insurers have paid nothing for the MSG Insureds' losses."
4 minute read

Connecticut Law Tribune

Trumbull Insurance Co. Hit With Class Action

"When defendant calculated plaintiffs' [actual cash value] benefits under the [policy], defendant withheld costs for both the materials and labor required to repair or replace the plaintiffs' residence as depreciation, even though labor does not depreciate in value over time," the complaint said. "Defendant withheld labor costs through its actual cash value calculations as depreciation."
3 minute read

Texas Lawyer

'Those Guys Are Rock Stars': Litigants Fight Regulators Over Medical Billing Arbitration

The ruling found the federal regulation weighs in favor of insurers' preferred amount by requiring arbitrators to begin with that and then imposing restrictions not in the law against the non-insurers' factors.
4 minute read

Law.com

Accidents Will Happen? Judge Says Insurer Must Defend Builder Accused of Violating 'Tree-Cutting Statute'

"In the court's view, the allegations here are broad enough to reasonably sketch a claim that Partington had a mistaken but reasonable belief that it was authorized to cut the trees," the court said. "Such a claim would be for property damage arising out of an occurrence, meaning it would be a 'loss [that] fits the expectation of protective insurance reasonably generated by the terms of the policy,' thus triggering Nautilus's duty to defend."
5 minute read

New York Law Journal

Second Circuit Clarifies Justiciability Standard for Declaratory Judgment Actions Concerning the Duty To Defend

In some cases, a dispute over the duty to defend may be justiciable but a dispute over the duty to indemnify involving the same facts may not be. This article discusses the recent case 'Admiral Insurance Co. v. Niagara Transformer Corporation,' which addressed this issue and clarified the applicable standards to use.
7 minute read

New York Law Journal

The Western District Sets Precedent for Insurance Defense and Indemnification

This column explores a pending case, 'American Precision Industries v. Federal Insurance Co.', that may set significant precedent in New York concerning insurance defense and indemnification.
9 minute read

Connecticut Law Tribune

Victory for Insurance Companies in Claims Cases Over COVID-Related Business Interruption

"We conclude that, just as the properties were not physically altered in any way by the COVID-19 pandemic, the plaintiffs' activities designed to prevent the transmission of the coronavirus on the properties were not 'repairs' in any ordinary sense of the word," the opinion said.
3 minute read

International Edition

UK Insurance Firm to Launch Offices in Milan and Rome With 8-Lawyer Team Hire

The firm said the new offices will include its insurance offering for clients in Europe as well as add new advisory and corporate regulatory capabilities.
2 minute read

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