In a well-reasoned recent opinion, an Illinois appellate court strictly construed a cyber policy, ruling that reasonable—but contractually unnecessary—payments made by an insured following a cyberattack did not constitute insured “extra expense.” While the decision is designated as “unpublished,” it …
Viewpoint: Prudent or Not, an Insured’s Extra Expense Must Be Strictly ‘Necessary’ Read More »
Kansas Insurance Commissioner Vicki Schmidt announced state efforts have prevented over $4.97 million from going to bad actors through the Protect Vulnerable Adults from Financial Exploitation Act. “Identification and prevention of financial exploitation in vulnerable populations is a priority for …
Kansas Saves Elders About $5M from Financial Exploitation with New Legislation Read More »
Two gymnasts who say they were sexually abused at an elite academy in Iowa filed lawsuits Monday against the sport’s oversight bodies, alleging they failed to stop Sean Gardner from preying on girls despite repeated complaints about the coach’s behavior. …
Lawsuit Alleges USA Gymnastics and SafeSport Failed to Stop Sexual Abuse at Iowa Academy Read More »
Three weeks after flash floods in Texas’ Hill Country killed more than 100 people, state lawmakers chastised Kerr County leaders for rejecting money a year earlier to create a warning system that could have alerted residents to rapidly rising water. …
Texas Lawmakers Criticize Local Leaders for Rejecting Flood Warning System Funding Read More »
Uber Technologies Inc. is launching autonomous rides with Avride Inc. in Dallas as part of a previously announced partnership, marking the latest US city where the ride-hailing giant is offering such a service. Customers who request an UberX, Uber Comfort …
Uber Teams with Avride to Offer Robotaxi Rides in Dallas in Latest Expansion Read More »
Four people were convicted of felony insurance fraud and assault for faking an auto collision that involved a rideshare driver in San Bernardino, California. According to the California Department of Insurance, two of the four people were identified as Kalil …
Four Convicted of Collision Fraud Involving a Rideshare Driver in California Read More »
Rivian Automotive is recalling 34,824 electric delivery vehicles in the U.S. as their seat belt system may fail to properly restrain the driver, increasing the risk of injury during a crash, the EV maker said in a filing with the …
Rivian to Recall Nearly 35,000 Delivery Vans Over Seat Belt Issue Read More »
State Farm Mutual Automobile Insurance Co. faces a lawsuit accusing it of fraud and unjust enrichment for selling products from PHL Variable Insurance Co., which authorities say has a $2.2 billion capital shortfall that left policyholders with less-than-promised payouts. Three …
State Farm Sued Over Policies Backed by Distressed Insurer PHL Read More »
Insurance rates for ships calling at ports in the Black Sea are surging after a series of Ukrainian attacks on vessels with links to Moscow. The cost of covering visits to Russian ports in the Black Sea has jumped more …
Black Sea War Risk Insurance Soars 250% After Ship Attacks Read More »
Landlords in Baltimore are being held liable for hiring a convicted sex offender with a violent criminal record who then attacked two tenants and set them on fire, with a jury awarding the victims $21.5 million. The same man murdered …
Landlords Hit With $21.5M Verdict for Hiring Sex Offender Who Set Tenants on Fire Read More »
