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It is not intended to encompass all possible UK business-interruption disputes with similar policy wording, nor is it intended to determine how much, assuming the court enforces coverage, the insurers actually owe in specific claims under the policy wordings at issue. [read post]
24 Dec 2015, 5:32 am by Michael Bersani
  Many insurance carriers, when faced with an onslaught of drone injury claims, are likely to argue that this exclusion encompasses recreational drones, which the Federal Aviation Administration classifies as “small aircraft. [read post]
22 Mar 2011, 12:48 pm by Julie Ferguson
We are now a week and a half into the Japanese disaster, which encompassed a terrible trio of catastrophic events: an earthquake, a tsunami, and a near-nuclear meltdown that looked to be vying for a top spot in the record books. [read post]
11 Mar 2008, 1:37 pm
Under this scenario, an insurer would not treat nanotechnology as a separate risk, increase premium prices to encompass any new risk and increase capital reserves accordingly. [read post]
5 Dec 2021, 11:15 pm by Donald Dinnie
” Covered Property encompassed the insured’s buildings and business personal property as well as certain personal property of others. [read post]
2 Mar 2020, 5:02 am by petrocohen
Unfortunately, similar to other categories of insurance coverages, the specific policies and procedural requirements encompassed within New Jersey’s workers’ compensation insurance program – in addition to the insurance provider’s motivation to obtain a low settlement – can mean that getting the compensation you deserve can be a nuanced and intimidating process. [read post]
23 Oct 2023, 11:00 pm by Sherica Celine
Sharing Economy and Insurance Review the coverage issues that arise with the broad range of goods and services encompassed by the sharing economy, a robust commercial arena that is also a hotbed of risk and liability. [read post]
Yet somehow the state courts in Florida have (mis)interpreted several rulings and created an all-encompassing work product immunity for everything that insurers deem to be a part of their sacred claim file, regardless of whether litigation was actually being contemplated. [read post]
3 Jan 2024, 1:30 am by Sydny
Factoring in Additional Expenses The settlement should encompass any additional expenses related to the accident. [read post]
6 Jun 2007, 9:33 am
  Specifically, they (1) restrict settlement for five years on policies financed with the intent to settle, (2) permit settlement after two years subject to certain enumerated restrictions, (3) expand the definitions section to potentially encompass and limit some life settlement transactions, (4) impose greater disclosure requirements to viators and insurers, (5) address conflict of interest situations, and (6) impose advertising constraints. [read post]
4 Apr 2023, 5:00 am
” (It was of no import, according to the AD1, that the trailer lift was defective.)Given that the truck was an “auto,” and the worker was engaged in activity encompassed by the exclusion, the AD1 agreed that the policy’s “clear and unmistakable” language warranted relief in the insurer’s favor and affirmed the litigation’s dismissal.That was far from uplifting for Transel.# # #DECISIONTransel El. [read post]
1 Sep 2008, 10:50 pm
Note that many of these -particularly numbers (1), (3), (4), (5), and (7)- are broad-sweeping, encompassing a wide swath of potential conduct. [read post]
30 Jan 2023, 12:55 pm by Kevin LaCroix
  Perhaps Director and Officer liability coverage is broad enough to encompass the Insured Financial Institution, particularly Investment Advisor management reliance on AI for brokerage management. [read post]
23 Dec 2011, 12:16 pm by Paul Rosner
Yesterday, a 5-4 majority of the Washington Supreme Court held that certain auto insurance policies issued by Farmers Insurance Company of Washington required the company to pay for post-accident diminished value of repaired vehicles. [read post]