An interesting question recently came before the Georgia Supreme Court. In Piedmont Office Realty Trust, Inc. v. XL Specialty Ins. Co., 771 S.E.2d 864 (Ga. 2015), the insured Piedmont Office Realty Trust, Inc. (Piedmont) had purchased and maintained two insurance … The post Does Policy Provision Stating the Insurer Will Not Withhold its Consent to…

Balconies on Berkeley, California, apartment buildings will be inspected every three years under new regulations adopted by the city in the wake of a balcony collapse that left six people dead. The City Council also voted Tuesday to require that … The post California City Adopts Tighter Building Code After Deadly Balcony Collapse appeared first…

Even as the third anniversary approaches of Hurricane Sandy‘s bashing of the East Coast, the effects of the storm are still felt by many Connecticut residents, and a local homebuilding company is among those trying to make things right again. … The post Some Sandy Victims Look to Rebuild by Using Modular Homes appeared first…

As the U.S. economy continues to improve, the restaurant industry is experiencing substantial growth with analysts projecting there will be over 1 million restaurants and food service locations employing 14 million workers in 2015, according to ACE Group. Liability claims … The post ACE: Changing Liability Exposures Impact Restaurant Industry appeared first on Claims Journal.…

Aggressive and reckless riders are among the top irritants say motorcyclists, according to a national survey commissioned by Erie Insurance and conducted by Harris Poll. The online survey, conducted in June, asked nearly 200 U.S. motorcycle riders to share their top … The post Tickle My Feet, Text: Things Not to Do While Riding a Motorcycle…

Insurers for the Southern Baptist Convention have agreed to pay $26 million to a South Carolina man who was paralyzed and suffered brain damage in a rollover crash during a 2009 missionary trip in Montana, Attorney Anders Blewett said Tuesday. … The post Insurers Will Pay Quadriplegic Missionary $26M Settlement for Crash Injuries appeared first…

More than one in 10 small business owners (13 percent) are concerned that one of their employees would commit workers’ compensation fraud by faking an injury or illness in order to collect benefits, according to a new poll by Employers. … The post Some Small Businesses Monitor Employees to Avert Workers’ Comp Fraud appeared first…

According to catastrophe modeling firm AIR Worldwide, insured losses in China from Typhoon Chan-hom are unlikely to exceed CNY 2.2 billion (a little over US $354 million). “Typhoon Chan-hom made landfall in the coastal city of Zhoushan, China, on July … The post Insured Losses Due to Typhoon Chan-hom Estimated at up to $2.2B appeared…

Private U.S. property/casualty insurers’ net income after taxes grew to $18.2 billion in first-quarter 2015 from $13.9 billion in first-quarter 2014, with insurers’ overall profitability as measured by their rate of return on average policyholders’ surplus growing to 10.8 percent … The post P/C Insurers’ Profitability Grew Nearly $5B in First Quarter 2015 appeared first…

On July 6, 2015 the U.S. District Court for the Central District of California, based on California law, applied in the EPLI (employment practices liability insurance) setting the large body of statutory and case law holding that an insurer may … The post Insurer May Rescind Policy From Inception if Issued Based On False Answers…