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Amid Wave of AI-Related Risks, Will Insurance Be Enough to Protect Companies?

While evolving AI models are likely to bring their own set of changes to the insurance industry, such as the creation of new, AI-bespoke policies, until then, companies will have to rely on a portfolio of insurance products for coverage.
6 minute read

Texas Lawyer

Attorney Fees Included? Doubts Swirl Over Fees for Insurance Claims

"Does an insurer's payment of the full appraisal award, plus any possible statutory interest, preclude recovery of attorney's fees?" the federal court asked.
4 minute read

Law.com

Virginia Appellate Court Split Over UIM-Insurer's Statutory Subrogation Right

"The Court reasoned that subrogation, by definition, requires that the subrogee obtain the right to proceed against a third party and that the non-duplication provision provided no such right. Accordingly, the reimbursement provision was not prohibited by statute," Judge Robert J. Humphreys wrote for the majority. "For purposes of this case, Reynolds Metals Co. contradicts Kirkpatrick's argument that USAA retains some subrogation right against Brown. Reynolds Metals Co. directly states that an insurer's right to reimbursement from its insured is not equivalent to their right of subrogation against the defendant."
8 minute read

Daily Business Review

Federal Judge Reverses Social Security Denial For Child Disability Benefits After Man Turned 18-Years-Old

"It isn't clear why the 2016 form is in the record, because, according to the Government, it is unnecessary to the ALJ's decision. And no one explains why the form was included, nor convincingly explains why the Court should turn a blind eye to its contents," wrote U.S. District Judge Kyle C. Dudek for the Middle District of Florida.
6 minute read

Litigation Daily

Erin Ziaja of NFP Corp. on Striking a Balance Between an Analytical Approach and Trusting Your Gut

"As lawyers, and particularly as litigators, we really value analytics: Hyper-analytical thought processes, really valuing logic. Sometimes that can weigh on those gut reactions and feelings that we all have—or it can cause you to think through and explain away things because we're always problem-solving and solution-reaching."
11 minute read

The Legal Intelligencer

$10.4M Verdict Over Fatal Pedestrian Collision Includes Award Against Insurance Brokers

The plaintiff's memo said Lipschutz relied on the Fonner defendants for their expertise regarding insurance, and believed the underinsurance coverage he'd purchased included coverage in the event that he was not driving the vehicle.
4 minute read

Daily Report Online

State Farm Sues Feds, Seeking $1,801 Following Car Crash with Mail Truck

This suit was surfaced by Law.com Radar. Read the complaint here.
1 minute read

Texas Lawyer

Third-Party Standing Issue Takes Center Stage in $220M Insurance Dispute

Cobalt and GAMCO argue Illinois National cannot challenge a securities settlement that two federal courts found "was fair, reasonable and at arms' length," their brief states.
3 minute read

Daily Business Review

Despite Tort Reform, Marshall Dennehey Keeps Expanding Work with Insureds in Florida

"When the tort reform was percolating, I was already out there looking for folks to be sure that we can properly service our clients," said Alan Nash, shareholder at Marshall Dennehey in charge of its Fort Lauderdale casualty group. "We see litigation continuing to trend upward."
3 minute read

Daily Business Review

Miami Lawyers Get $16.7M Against Florida insurer—Now They Want $20M More

"We went in and did this form of alternative dispute resolution, ... and they said, 'We're not paying. We want to present our defenses,'" plaintiff counsel said about Heritage Property and Casualty Co.
5 minute read

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