Property

  • April 03, 2025

    CGL Loss Hikes Highlight Underwriting, Tort Reform Efforts

    Liability premiums continue to rise as a result of insurers' escalating loss trends, according to insurance broker Lockton's quarterly market update, and as social inflation continues to impact the United States' market, industry experts heed Lockton's concerns over stricter underwriting practices and the debate surrounding tort reform.

  • April 03, 2025

    Insurance Pros Size Up Major Industry Risks At NYC Forum

    The influence of litigation financing, artificial intelligence and climate change on insurance law were among key topics this week as insurance experts discussed the biggest risks in the property and casualty space. Here, Law360 breaks down highlights of remarks by attorneys and industry experts at the Practising Law Institute in New York.

  • April 02, 2025

    Fla. High Court Told Condo's Irma Claim Redo Lacked Key Info

    An insurance company told the Florida Supreme Court on Wednesday that a Miami condominium's reopened claim for damage caused by Hurricane Irma wasn't sufficient to trigger a supplemental claim, arguing that state law required additional information regarding the initial loss.

  • April 02, 2025

    Mo. Court Finds Ambiguity Could Permit Virus Coverage

    A vacation rental company may be entitled to coverage for pandemic-related losses from one insurer, a Missouri intermediate appellate court held, finding that an exception conflicting with an exclusion created ambiguity in favor of the insured, while upholding no-coverage rulings pertaining to other insurers.

  • April 02, 2025

    Insurer Gets Education Co.'s $2.2M Theft Coverage Bid Tossed

    A Maryland federal court tossed an education management company's suit seeking excess coverage for over $2.2 million in employee embezzlement losses, saying the company failed to show its loss occurred during the relevant policy period.

  • April 01, 2025

    Progressive's $43M Deal Over Car Valuations Nears Final OK

    A certified class of more than 151,000 Progressive customers has asked a Georgia federal judge to grant final approval to a $43 million settlement resolving allegations the insurer's units systematically undervalued totaled cars by applying a "projected sold adjustment," and they have sought an attorney fee award of $14.3 million. 

  • April 01, 2025

    Homeowners Premiums Rose 24% In 3 Years, Report Says

    Average homeowners insurance premiums in the United States rose by 24% from 2021 to 2024, a national crisis that is putting pressure on Americans with mortgage burdens, according to a report issued Tuesday by the Consumer Federation of America.

  • March 31, 2025

    Insurer Off The Hook For Tribe's COVID Casino Shutdown

    Lexington Insurance Co. does not owe a Washington tribe business-loss coverage after COVID-19 forced the shutdown of the tribe's casino, a Washington state appeals court said Monday, ruling that the virus did not cause direct physical loss or damage to tribal properties.

  • March 31, 2025

    Insurer Must Cover $2.4M Water Damage, Condo Owners Say

    A Washington condo association has filed a federal consumer protection complaint against Country Casualty Insurance Co., alleging $2.4 million in unpaid claims for hidden water damage to exterior sheathing and framing the condo association says is covered by its property insurance policy.

  • March 27, 2025

    P&C Insurers Return To Profits Amid Economic Uncertainty

    Property and casualty insurers collected record-setting profits in 2024, but macroeconomic conditions and other factors threaten to stymie their growth, says a broker and author of a recent report. Here, Law360 speaks to Vince Gaffigan about what drove growth, the looming risks ranging from inflation to catastrophic weather events, and what brokers and insureds should do to ready themselves against an array of uncertainties.

  • March 27, 2025

    Amid New Political Reality, NAIC Says No Fed Insurance Office

    State insurance regulators made a significant push to limit perceived federal intrusion into their authority last week when their primary deliberative body called for the abolition of a U.S. Treasury office tasked with identifying and reporting on risks to the industry.

  • March 27, 2025

    Ga. Firm Sues Allstate Over Wrecked Car Fee Coverage

    A Georgia law firm hit Allstate Insurance Co. with a proposed class action over allegations that it fails to pay title transfer fees and license registration fees to insureds who incur total loss claims.

  • March 27, 2025

    Insurer Can't Escape Auto Co.'s $50M COVID Coverage Suit

    An insurer can't escape an auto parts manufacturer's suit seeking $50 million in coverage for COVID-19-related losses, a North Carolina federal court ruled, saying the manufacturer sufficiently alleged that its losses are covered under the policy's communicable disease endorsement.

  • March 27, 2025

    AIG Drops Water Damage Suit Against NFL Player's Contractor

    An insurer who sued the contractor and plumbers who worked on the home of NFL player Darius Slay for more than $300,000 in water damage dropped the suit Thursday, after the companies never responded to it.

  • March 27, 2025

    Insurance Litigation Week In Review

    An insurer will pay nearly $1 million to resolve claims it failed to protect drivers' data, Michigan's top court will take up two car insurance appeals, the Fifth Circuit was asked to set precedent with an assault coverage ruling and PNC Bank NA can't get coverage for a more than $106 million judgment. Here, Law360 takes a look at the past week's top insurance news.

  • March 26, 2025

    Sotomayor Urges Caution On Nondelegation Doctrine Revamp

    U.S. Supreme Court Justice Sonia Sotomayor cautioned her colleagues during oral arguments Wednesday against using a challenge to the Federal Communications Commission's administration of a broadband subsidy program as a way to resurrect the long-dormant nondelegation doctrine. Several conservative justices, however, seemed willing to disregard that admonition.

  • March 26, 2025

    Ill. Justices Hold WestRock Unit To $5M Superfund Coverage

    The Illinois Supreme Court won't hear a WestRock Co. subsidiary's petition for review of an appeals decision affirming that one of its insurers had no duty to cover environmental cleanup costs at a now-shuttered paper mill while another insurer already paid its applicable coverage limit.

  • March 26, 2025

    Insurance Rep Gets 41 Months For $6M Bank Fraud

    A Georgia federal judge sentenced an insurance broker to 41 months in prison after he pled guilty to defrauding a credit union out of $6 million through loans to commercial borrowers for insurance premiums.

  • March 25, 2025

    Baltimore Bridge Collapse: One Year Later

    Federal accident investigators' recent determination that Maryland could've done more to protect Baltimore's Francis Scott Key Bridge from a devastating collapse may complicate the sprawling legal battle over liability and damages in the year since a cargo ship struck the bridge and crippled a major East Coast transportation hub.

  • March 25, 2025

    Insurers Claim 4th Circ. Must Revisit Ruling For Aluminum Co.

    Insurers in a coverage cap dispute with an aluminum company have asked the Fourth Circuit to reconsider an opinion holding that an ambiguous policy provision must be construed in the company's favor, calling it contrary to South Carolina law.

  • March 25, 2025

    Texas Church Says Insurer Owes Over $1M For Hail Damage

    A Texas church said it is owed more than $1 million from its insurer for wind and hail damage after a June 2023 storm, according to a complaint removed to federal court Tuesday.

  • March 25, 2025

    State Farm Beats Suit Alleging Property Loss Undervaluation

    A Pennsylvania federal judge on Tuesday tossed a proposed class action brought by homeowners accusing State Farm of limiting compensation by improperly employing a "new construction" setting in software when calculating property damage, finding their policy did not require the insurer to use a specific computation method for loss calculations.

  • March 24, 2025

    Feds Seek About 5 Years For Insurance Rep's $6M Bank Fraud

    Georgia federal prosecutors recommended that a Florida insurance broker who pled guilty to defrauding a credit union out of $6 million through loans to commercial borrowers for insurance premiums be sentenced to between 51 and 63 months in prison.

  • March 21, 2025

    Hail Deductible Applicable In Colo. Townhomes' Storm Dispute

    A homeowners association's insurer correctly applied a hail deductible when it issued a roughly $1,600 payment despite the association's $3.5 million damage estimate, a Colorado federal court ruled Friday, rejecting the association's argument that the deductible became void once the insurer breached the policy by underpaying coverage.

  • March 21, 2025

    Travelers Wants Exit From $4.5M Faulty Apartment Settlement

    Travelers told a Georgia federal judge Friday that the insurer should not owe the lion's share of a construction contractor's $4.5 million settlement over botched site work at an apartment complex, arguing the bill should be footed by the company's primary policies with Amerisure.

Expert Analysis

  • Notable Q4 Updates In Insurance Class Actions

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    In a continuation of trends in property and casualty insurance class actions, last quarter insurers struggled with defending the merits and class certification of sales tax and fee suits, and labor depreciation cases, but succeeded in dismissing privacy class actions at the pleading stages, says Mathew Drocton at BakerHostetler.

  • Evidence Rule May Expand Use Of Out-Of-Court Statements

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    A proposed amendment to Federal Rule of Evidence 801(d)(1)(A) would broaden the definition of nonhearsay, reflects a more pragmatic approach to regulating the admissibility of out-of-court statements by declarant-witnesses, and could help level the playing field between prosecutors and criminal defendants, say attorneys at Hangley Aronchick.

  • The Math Of Cross-Examination: Less Is More, More Is Less

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    When conducting cross-examination at trial, attorneys should remember that “less is more, and more is less” — limiting both the scope of questioning and the length of each query in order to control the witness’s testimony and keep the factfinders’ attention, says Thomas Innes at the Defender Association of Philadelphia.

  • Rethinking 'No Comment' For Clients Facing Public Crises

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    “No comment” is no longer a cost-free or even a viable public communications strategy for companies in crisis, and counsel must tailor their guidance based on a variety of competing factors to help clients emerge successfully, says Robert Bowers at Moore & Van Allen.

  • Navigating Mortgage Insurance Provisions After LA Fires

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    As homeowners affected by the Los Angeles wildfires consider rebuilding, mortgage lenders and servicers must negotiate the complex intersection between the standard deed of trust and property insurance, says Heather Wright at Buchalter.

  • Year Of The Snake Will Shake Up RE And Mortgage Finance

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    The year ahead may bring profound transformation and opportunities for growth in the real estate and mortgage finance sectors, with significant issues including policy battles and questions surrounding the future of Fannie Mae and Freddie Mac, says Marty Green at Polunsky Beitel.

  • 5 Argument Techniques For Policyholder Advocates

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    Winning insurance coverage disputes often comes down to who has articulated the more compelling interpretation of the relevant policy language, which is why the best policyholder advocates come back to certain tried and true argument approaches, says Greg Van Houten at Haynes Boone.

  • Improving Comms Between Trial Attys And Tech Witnesses

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    In major litigation involving complex technology, attorneys should employ certain strategies to collaborate with companies' technical personnel more effectively to enhance both the attorney's understanding of the subject matter and the expert's ability to provide effective testimony in court, say attorneys at Buchalter.

  • A View Of The Shifting Insurance Regulatory Landscape

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    Attorneys at Eversheds Sutherland explore how the Federal Insurance Office's climate report, the new presidential administration and the California wildfires might affect the insurance regulatory landscape.

  • Courts Should Nix Conferencing Rule In 1 Discovery Scenario

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    Parties are generally required to meet and confer to resolve a discovery dispute before bringing a related motion, but courts should dispense with this conferencing requirement when a party fails to specify a time by which it will complete its production, says Tristan Ellis at Shanies Law.

  • Illuminating The Trend Of Florida's Unpaid Hurricane Claims

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    The sheer number of insurance claims closed without payment for damage caused by Hurricanes Milton and Helene reveals a systemic problem within Florida's insurance industry exacerbated by complex issues, including climate change and state regulators' resource limitations, say attorneys at Farah & Farah.

  • Top Considerations For Insurance Companies In 2025

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    As insurance industry participants look to plan for the year, regulatory changes, climate-related challenges, the ongoing effects of social inflation and the potential for significant mergers and acquisitions will be among the key items for insurer boards and management to have on their radar, say attorneys at Debevoise.

  • What Public View Of CEO's Killing Means For Corporate Trials

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    Given the proliferation of anti-corporate sentiments following recent charges against Luigi Mangione in connection with the killing of UnitedHealthcare's CEO, attorneys who represent corporate clients and executives will need to adapt their trial strategy to account for juror anger, says Clint Townson at Townson Litigation Consulting.

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