policy terms News

3rd Circuit: Policy to Limit Extended Transportation Expenses May be Bad Faith

Kyle and Marie Stechert say they rushed to buy another car after their vehicle was “totaled” in an accident because their insurance carrier refused to keep paying for their rental vehicle. The new car was twice as expensive as the …

Manufacturer’s Flood Claim Hinges on Definition of High-Hazard Area

For the second time, a federal appellate court reversed a trial judge’s finding that a policy issued by a unit of American International Group did not limit coverage for a 2011 flood that forced the company to shut down an …

Insurer Off the Hook for Claim Because Pilot Skipped Simulator Training

The co-pilot never attended flight simulator school, but the chief pilot let him take the wheel anyway. The plane crash-landed at the Aspen, Colorado airport. Nobody was hurt, but the owner of the airplane will not collect on its $5 …