Where a policyholder alleged its carrier breached its contractual obligations to defend, indemnify and deal in good faith with the policyholder during its defense the underlying matter, but the underlying matter remains pending before the administrative agency, the suit was dismissed as premature.
Background
The...
By Ganesh Setty ( September 15, 2025, 4:00 PM EDT) -- An insurance agency told a Pennsylvania state court that it can't be held liable for a furniture company's roughly $534,000 cyber loss, arguing that under state law, there is "no common...
HAMPTON ROADS — September is National Preparedness Month, an annual call to action to prepare for disasters and other emergencies that can happen anywhere and anytime.
With almost three months to go in hurricane season, the State Corporation Commission’s Bureau of Insurance is urging...
Filing cyber insurance claims has become a tough journey for many industrial organizations, especially because more policies now exclude coverage for attacks linked to nation-states or ‘war-like’ incidents. Take Lloyd’s of London, for instance; they mandated in 2023 that their policies won’t cover...
The boss of IMAX has allegedly been partying so hard, his ex-wife cannot get a $4.5 million life insurance policy on him.
Richard Gelfond, who has helmed the larger-than-life, $1.57 billion movie theater company since 2009, has used cocaine and engaged in “excessive” drinking...
