While the Pennsylvania legislature considers one of the most aggressive bills in the country to force insurers to provide coverage for COVID-19 business interruption claims, Pennsylvania’s Insurance Commissioner on Monday...more
A new Sixth Circuit decision may signal an emerging trend on whether insurers must cover claims made by policyholders who fall victim to phishing scams....more
7/31/2018
/ Commercial Insurance Policies ,
Cyber Crimes ,
Cyber Insurance ,
Data Security ,
Denial of Insurance Coverage ,
Fraudulent Wire Transfers ,
Hackers ,
Insurance Claims ,
Insurance Industry ,
Insurance Litigation ,
Phishing Scams ,
Policy Terms ,
Popular ,
Travelers Property Casualty Co.
New Jersey legislators are working to enact a law that will provide policyholders with potentially punishing recourse if their insurance carriers mishandle their claims for benefits....more
In a highly anticipated decision, the Pennsylvania Superior Court vacated an eyebrow-raising $21 million award for an auto policyholder and found that the insurer did not act in bad faith....more