Editor’s Picks

U.S. Court Vacates Qualified Immunity in Excessive Force Case of 5 Police Officers

A federal appeals court has vacated part of a finding that cleared five West Virginia police officers on qualified immunity grounds in an excessive force lawsuit, which was filed by the estate of a homeless black man shot 22 times. …

Health Workers Dealing with Shock of Virus Fight, Uneasiness in Current Quiet

Outside a back door to a hospital where the coronavirus hit like a hurricane, a half-dozen staffers gathered recently to look back, and look inward. “I am still scared,” Dr. Gwen Hooley told her colleagues at Elmhurst Hospital, which was …

Rising Claims, Feared Covid-19 Surge, Push Firms to Seek D&O Insurance Alternatives

When Elon Musk said in April he was dropping the insurance policy that protects Tesla Inc.’s board from shareholder lawsuits, it got Skip McBride’s attention. To McBride, who used to manage law firm Bracewell LLP’s malpractice exposure, Musk’s decision to …

SUVs More Deadly to Pedestrians Than Passenger Cars, Says Insurance Safety Study

SUVs are more likely than passenger cars to injure or kill pedestrians, according to a new U.S. insurance industry study which recommended design changes to improve safety. Sport utility vehicles “seem to be more deadly to pedestrians than cars are,” …

Edge Computing, Supply Chains, Deepfakes Among 2020’s Top Emerging Risks: Swiss Re

Pandemic threats were once on the list of potential emerging risks facing the insurance industry and society. Now that this risk has materialized with the COVID-19 crisis, it is perhaps a good time to take a look at the latest …

Chief Risk Officers Believe U.S. Coronavirus Losses Could Top S&P’s $15-$30B Estimate

Analysts for Standard & Poor’s Global Ratings shared a view that U.S. underwriting losses from COVID-19 would fall in the $15-$30 billion range. However, risk officers speaking at a rating agency conference last week said the estimate is light. S&P …

More States Push COVID-19 Claims to Work Comp; Potential Cost Anyone’s Guess

Regulators and lawmakers in more states are demanding that workers who claim they were sickened by COVID-19 get a fair hearing, if not an outright presumption in their favor. The Wyoming House of Representatives and Senate both passed a bill …

NCCI: COVID-19 Will Cost Billions Even With Modest Infection Rates

If only 10 percent of health care workers contract COVID-19 and all of their claims are deemed compensable, workers’ compensation loss costs for that sector could double or even triple in some states, according to an analysis by the National …

Some Insurance Regulators Skeptical About Business Interruption Claims

Insurance commissioners in at least seven states have advised business owners not to get their hopes up if pursuing business-interruption claims. Scott Seaman, a partner with the Hinshaw & Culbertson law firm in Chicago, posted a blog on Friday that …

7th Circuit: Fatal Crash Not Covered Because Vehicle Not on Policy

An insurance carrier is not liable for a fatal crash caused by an ambulance that was not listed on its commercial policy, even though the business thought that the vehicle had been added, the 7th Circuit Court of Appeals ruled. …

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