An insurer wasn’t responsible for indemnifying a Kendallville-based company for the cost of replacing an aluminum furnace refractory destroyed in an explosion, the 7th Circuit Court of Appeals ruled Friday in affirming a district court’s judgment .
Faegre Drinker has announced the launch of its algorithmic testing and AI governance and risk management service for insurers. The announcement comes as the National Association of Insurance Commissioners unanimously adopted a model AI governance bulletin.
Even as the number of legal malpractice claims has remained relatively flat, the severity of those claims continues to climb, with costlier mistakes and social inflation serving as two key factors driving the rise.
A worldwide retailer’s complaint against its insurer will not continue in Indiana state court after the Court of Appeals of Indiana affirmed dismissal for lack of personal jurisdiction.
Overturning summary judgment in a dispute between insurance providers, the Court of Appeals of Indiana ruled Tuesday that the trial court erred in granting summary judgment to the insurer that hadn’t met its payment obligation.
The common law duty of good faith that applies to insurance does not extend to the relationship between a surety company and bond obligee, the Court of Appeals of Indiana has ruled.
The city of Aurora is suing its insurance company in a claims dispute involving a cybercrime in which the city was tricked into sending more than $233,000 to a fraudster.
An insurance company that balked at representing USA Gymnastics against lawsuits stemming from Larry Nassar’s sexual abuse of hundreds of female athletes has failed in its challenge to an order that it pay significant fees to the Indianapolis-based athletic organization.
Attorneys representing businesses fighting their insurance carriers over interruption insurance claims are continuing to argue over the meaning of “physical loss and damage,” but some are also contending that the losses linked to COVID-19 are covered when the policy does not contain a virus exclusion provision.
Adopting the efficient and predominant cause analysis, the Indiana Supreme Court has found an insurance company did not have a duty to defend two Kokomo bars and their owner who are alleged to have continued serving alcohol to an inebriated patron who subsequently got into a drunken driving accident.
The Carroll County judge who claimed insurance companies have broken Indiana’s civil litigation system and begged the parties to appeal his ruling to the Indiana Supreme Court has scrubbed his original order of all but two paragraphs that state summary judgment is granted in favor of the defendants.
A public adjuster who assured an Indiana homeowners association that the way to get a claim for storm damage processed was to play a game of chess with the insurance company, got checkmated when he failed to heed the deadline for filing a lawsuit, prompting the 7th Circuit Court of Appeals to make this observation: “Such is the price of gamesmanship.”
By the third paragraph of the April order granting summary judgment to the defendants, Carroll Circuit Judge Benjamin Diener showed his frustration by declaring, “The civil litigation process in Indiana is broken.”
A woman who spent roughly a decade in a legal battle with her employer has had her case dismissed for a lack of appealable issues.
As the workforce continues to adapt to and accept this “new normal,” the insurance industry is also adjusting and evolving and introducing new methods of doing business that will impact in-house and outside practitioners alike. Here are some 2021 industry trends that we will likely see.
An endorsement to an insurance policy providing coverage for vehicles not specifically listed in the policy applied to a wrongful death dispute involving a trucker, the Indiana Court of Appeals has ruled.
The Indiana Attorney General’s Office waited too long to file claims under a crime insurance policy after a former Lawrenceburg city official absconded with more than $40,000 in misappropriated public funds, the Indiana Court of Appeals ruled Thursday, finding for the insurer and reversing a trial court judgment in favor of the state.
Casino giant Caesars Entertainment Inc. is putting its losses because of the coronavirus pandemic in 2020 at more than $2 billion, and is suing a long list of insurance carriers it accuses of balking at paying its business interruption costs at its casinos in Indiana and across the nation.
Neither an insurer nor a claimant was entitled to summary judgment in a dispute over coverage of a ransomware attack, the Indiana Supreme Court has ruled, sending the case back to the trial court.
The Indiana Supreme Court will hear arguments in two cases this week, considering whether to grant transfer to disputes involving college athletes and police interrogations.