policy News

9th Circuit: Policy’s War Exclusion Doesn’t Apply to Attacks by Hamas

Missiles fired by Hamas from the Gaza Strip into Israel did not constitute an act of war that triggered an exclusion to a blanket insurance policy issued to Universal Cable Productions by Atlantic Specialty Insurance, the 9th Circuit Court of …

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 …

Insurer Claims $1M Policy Won’t Cover Pittsburgh Turnpike Goo

The insurer of a trucking company whose tanker leaked sticky black goo onto the Pennsylvania Turnpike in November says in court filings that its $1 million policy likely won’t be enough to cover roughly 1,000 claims for damaged vehicles. The …

Navigators Launches International Defense Costs Coverage

The Navigators Group Inc. has created an international defense costs policy for individual directors in the wake of developments in Australia and New Zealand. “In light of the recent Australian Institute of Company Directors (AICD) survey results and the recent …

Chartis Launches Reputational Risk Insurance

ReputationGuard, an insurance policy providing innovative coverage to help policyholders cope with reputational threats has been developed by Chartis’ Executive Liability division. The policy delivers the benefit of both access to world-class reputation and crisis communications professionals as well as …

Travelers Expands Special Event Insurance

The Protector Plan for Events, underwritten by Travelers, has expanded beyond weddings to deliver specific coverages for private special events including parties for anniversaries, birthdays, sweet sixteen celebrations, baby showers, holiday parties, and retirements. The plan provides coverage for certain …

Insurer Asks Nebraska Court to Review Carbon Monoxide Case

An insurance company is asking a federal court to absolve it from paying a claim by the widow of a central Nebraska church pastor who died of carbon monoxide poisoning in a house owned by the church. John Green had …

Louisiana School Board Adopts Athlete Concussion Policy

The St. Martin Parish School Board voted to amend its policies so they are in compliance with the state’s new student-athlete concussion awareness laws. Two laws adopted during the 2011 legislative session require school districts to ensure that all coaches …

Source: Suspect in Aruba Tried to Redeem Policy

A source is confirming to The Associated Press that a Maryland businessman detained in Aruba had a $1.5 million insurance policy on his missing traveling companion and that he sought to collect on it shortly after she disappeared. The source …

Aruba Probes Insurance in Missing Tourist Case

An Aruban prosecutor says a Maryland tourist had a travel insurance policy that covered a companion who has been missing on the island for more than two weeks. Solicitor General Taco Stein tells The Associated Press that prosecutors are still …