coverage dispute News

Merck Settles Coverage Dispute With Insurers Over War Exclusion in NotPetya Attack

Merck & Co. Inc. has reportedly reached a deal with insurers over a closely-watched coverage dispute related to a massive cyberattack in 2017. The New Jersey Supreme Court in July 2023 agreed to hear the case after a state appeals …

Insurer That Denied Appraisal Can’t Seek Declaration That it Made the Right Choice

If an insurer wants confirmation by a court that an appraisal is inappropriate, it needs to file a request for declaratory judgment before denying the appraisal request, an Illinois appellate panel ruled Monday. A panel with the 3rd District of …

Attorneys Describe the Art of Dispute Resolution at RIMS

BOSTON — Sue or settle? Mediate or litigate? Attorneys and risk managers on Tuesday tapped into years of experience to suggest strategies that will lead to the right approach for resolution of claim disputes during the Risk and Insurance Management …

Bankruptcy Possibility as Boy Scouts Confront Sex Abuse Claims

It took Robb Lawson until he was 45 to finally confront a dark memory from his days as a Boy Scout. Lawson was a teenager at the time, a member of a troop in Georgia, picked to attend a wilderness …

Owners, Insurer Settle High-Dollar Suit in Ohio Mansion Fire

A dispute over a multi-million dollar insurance claim for a suburban Cincinnati mansion that burned down in 2014 has been settled weeks before a scheduled trial. Jeffrey and Maria Decker sued Chubb National Insurance Company after it declined to pay …

Insurers Say They Don’t Owe Because Duke Energy Knew Coal Ash Risk

Dozens of insurance companies say they’re not obligated to help pay for Duke Energy Corp.’s multi-billion dollar coal ash cleanup because the nation’s largest electric company long knew about but did nothing to reduce the threat of potentially toxic pollutants. …

American College of Coverage and Extracontractual Counsel Forms

The American College of Coverage and Extracontractual Counsel been formed by industry lawyers in the United States and Canada to improve the quality of the practice of insurance law. The College focuses on the creative, ethical, and efficient adjudication of …

Minnesota High Court Blurs Line Between Coverage Determination and Amount of Loss in Appraisal

In many property loss cases, distinguishing between “coverage” and the “amount of loss” will be straightforward for purposes of invoking appraisal. See, e.g., Kawa v. Nationwide Mut. Fire Ins. Co., 174 Misc.2d 407, 664 N.Y.S.2d 430 (N.Y. Sup. Ct. 1997), …