coverage counsel News

Claims Process ‘Challenging’ as Insurers Suffer Record Winter Losses, Aon Says

US insurers suffered record-breaking winter storm losses during the first quarter of 2021 while also grappling with several high-profile cyberattacks, according to a report released Thursday by Aon. Maybe claims departments are becoming a little testy. Aon’s quarterly Global Market …

Bad Faith Suits Begin Targeting Coverage Counsel

A new trend has emerged in which coverage counsel are being sued by third parties for aiding and abetting insurer clients’ bad faith, according to a panel session on the subject hosted by the American Bar Association’s annual Tort Trial …