coverage exclusions News

Panel Rejects Petitions to Consolidate COVID-19 Business-Interruption Claims

A federal court on Wednesday rejected two separate petitions to consolidate lawsuits filed by policyholders against insurers that denied COVID-19 business-interruption claims under a single judge, but said it might approve consolidation of other actions that make similar claims against …

Pandemic Exposes Gaps in Travel Insurance Coverage

NORFOLK, Va. — For many people, travel insurance has been little more than a box that pops up on a booking site to offer some cheap peace of mind. But the coverage’s limitations have been brought into stark relief during …

Weinstein Insurers Balk at Paying Legal Bills

Harvey Weinstein is locked in a messy battle with insurance companies over his steadily mounting legal bills. The insurance giant Chubb and other carriers that wrote liability policies for Weinstein and his film company are arguing in court that they …

New York Court of Appeals Reverses K2 Decision

The New York Insurance Association (NYIA) announced that the Court of Appeals reversed its decision in the case of K2 Investment Group v. American Guarantee & Liability Insurance Company. The new decision upholds the principle that an insurance policyholder is …