Andrea Martinez | Wiley Rein The U.S. District Court for the Southern District of Illinois, applying Illinois law, has held that there is no coverage under a claims-made policy for a claim made during the policy period but reported after the policy period expired. Berkley Ins. Co. v. Caraway, 2025 WL 3280220 (S.D. Ill. Nov. 25,… Continue reading No Coverage for Claim Made During Policy Period but Reported After Policy Period
Category: Insurance
California Bill Seeks to Add ‘Transparency’ to Aerial Images Used by Insurers
Insurance Journal A California lawmaker is pushing to require insurers to notify homeowners in advance of taking or using aerial images of their property, and to stop insurers from basing decisions to cancel, non-renew, or reduce coverage based on aerial images older than 180 days. Assembly Bill was introduced last week by Assemblymember Lisa Calderon,… Continue reading California Bill Seeks to Add ‘Transparency’ to Aerial Images Used by Insurers
New Proposed Legislation in Florida Regarding AI Use in Claims Handling
Jennifer Gibbs | Zelle AI isn’t replacing insurance company decision makers yet, as new legislation filed in Florida is aimed at requiring mandatory human reviews of claim denials. Florida’s HB 527 (and companion bill SB 202) would apply to information provided to insurers by algorithms, artificial intelligence systems, or machine learning systems, none of which may serve as… Continue reading New Proposed Legislation in Florida Regarding AI Use in Claims Handling
Coverage Denied: Residence Premises Requirement Bars Claim Despite Premiums and Initial Payment
Kelly Phan | Marshall Dennehey Two years prior to Evelyn Pitts’ death, she placed her property in a revocable living trust, entered an assisted living facility and then rented her property to tenants. After Evelyn’s passing, her son reported water damage to the property to Universal Property & Casualty Insurance Company. Universal initially extended coverage… Continue reading Coverage Denied: Residence Premises Requirement Bars Claim Despite Premiums and Initial Payment
Policyholders Should Negotiate To Limit AI Exclusions At Renewal
Lynda A. Bennett and Alexander B. Corson | Lowenstein Sandler As renewal season approaches, policyholders should be on the lookout for broad artificial intelligence exclusions across all lines of coverage. In the last year, news of insurance companies inserting increasingly expansive AI exclusions has spread. Risks associated with AI are becoming increasingly widespread and sophisticated.… Continue reading Policyholders Should Negotiate To Limit AI Exclusions At Renewal