insurance coverage News

Insurance Not Likely to Cover Corral Fire Damage

Insurance policies belonging to the Montana man who started the 2012 Corral fire likely won’t be enough to cover the damage to surrounding properties. Attorneys tell the Independent Record in a story on Saturday that Robert Fitte has about $1.3 …

Deciphering the Texas Supreme Court’s Decision in Lennar v. Markel

When the Texas Supreme Court decides to look at controversial insurance coverage issues, you can assume that their decisions will never be boring. Such was the case in its Aug. 23 decision in Lennar Corp. v. Markel American Insurance Co. …

Maine Town Can Replace 1 of 3 Destroyed Cruisers

Saco’s police chief says insurance money will only cover the cost of replacing one of the town’s three police cruisers totaled when a Massachusetts woman rammed them during a chase in July. Chief Bradley Paul told the city council Monday …

Vermont High Court Rules in Borrowed Car Death

It’s back to the trial court for a Vermont case in which a woman lent her car keys to a man, who then gave them to the woman’s boyfriend, who then got into a fatal accident. The Vermont Supreme Court …

Wisconsin Supreme Court Narrows Definition of ‘Occurrence’

Public policy and insurance law allow insurance coverage only for fortuitous events and not for harm or loss resulting from intentional acts. To this end, insurance policies provide coverage when an injury or loss is caused by an “occurrence” which …

Louisiana Chemical Plant Owner Says Insurance Covers Blast Damages

Williams Cos., the owner of a Louisiana chemical plant that remains shut after a fatal explosion, said insurance will cover most of the loss. An explosion June 13 at Williams Partners LP’s Geismar plant killed two people and caused an …

Business Frets at Terrorism Tag in Marathon Attack

President Barack Obama’s declaration that the Boston Marathon bombings were an act of terrorism could make it difficult for many affected businesses to be reimbursed for losses resulting from the explosions. Federal law enacted after the 9/11 terrorist attacks requires …

Michigan Man Says Insurance Won’t Cover Bullet Damage

A northern Lower Michigan man is upset insurance doesn’t cover the damage done to his mobile home during a neighbor’s shootout with police. Lance Reed tells the Traverse City Record-Eagle he’s already spent $1,500 on repairs to five bullet holes …

Ohio Marks 1913 Flood Centennial, Warns of Dangers

State officials are using the 100th anniversary of a devastating and deadly flood to encourage Ohioans to prepare for potential high water emergencies by reviewing their response plans and insurance coverage. On the heels of the state and national Flood …

Lack of Liability Coverage Closes New Mexico Motocross Park

The gate to the only Santa Fe, N.M., sanctioned motocross track is locked, and city leaders aren’t sure when they will open it. The problem, said city Risk Management Director Barbara Boltrek, is that the city lacks appropriate liability insurance …