Regulatory & Compliance

Court Sides With Homeowner, Citing Contractor Liability
Regulatory & Compliance Court Sides With Homeowner, Citing Contractor Liability

An insurer-ordered home inspection seems like a routine part of property ownership, but when an inspector is injured on-site, a complex web of liability can quickly ensnare the unsuspecting homeowner. A pivotal California appeals court ruling, however, has recently brought much-needed clarity to

Homeowners Sue Chubb Over Rent for Their Own Property
Regulatory & Compliance Homeowners Sue Chubb Over Rent for Their Own Property

A Landmark Dispute Over Living Expenses and Insurer Duty A federal lawsuit recently filed in Colorado is poised to challenge the conventional understanding of insurance coverage for homeowners who have been displaced by disaster, scrutinizing the very definition of "Additional Living Expenses"

Court Blocks AIG's Early Exit From Major RWI Lawsuit
Regulatory & Compliance Court Blocks AIG's Early Exit From Major RWI Lawsuit

In a ruling that reverberates through the high-stakes world of mergers and acquisitions insurance, a Delaware court has determined that a $30 million legal victory is not necessarily the final word on the full scope of a company’s financial loss. This decision, stemming from a complex dispute

Can State Law Block Insurance Arbitration in Louisiana?
Regulatory & Compliance Can State Law Block Insurance Arbitration in Louisiana?

A recent landmark decision from the United States Court of Appeals for the Fifth Circuit has definitively answered a critical question for policyholders in Louisiana, clarifying the battle between federal arbitration preferences and state-level insurance regulation. The ruling, which prevents the

Is AM Specialty's UK Entry a Vote of Confidence?
Regulatory & Compliance Is AM Specialty's UK Entry a Vote of Confidence?

AM Specialty Insurance Company (UK), the British subsidiary of the wider AM Specialty Insurance Group, has officially received regulatory authorization from the United Kingdom's Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA). This pivotal development not only marks a

Appeals Court Upholds Lindberg's Civil Contempt Order
Regulatory & Compliance Appeals Court Upholds Lindberg's Civil Contempt Order

A landmark decision from the North Carolina Court of Appeals has sent a powerful message regarding judicial oversight in complex financial cases, affirming a lower court's civil contempt order against financier Greg Lindberg and his company, Global Growth. The appellate court's ruling on December

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