A major hurricane can cost insurance companies billions of dollars. In the wake of a significant storm, insurance companies often look to limit their liability by unfairly denying claims, whether in full or in part. If your hurricane claim was denied or only partially...
It is stressful for any business to learn that it is being sued by a third party. Even scarier is the prospect of punitive damages, which are awarded in certain lawsuits on top of compensatory damages and can stretch into the millions of dollars. What makes punitive...
Commercial general liability (CGL) policies protect your business from claims of bodily injury or property damage arising out of an occurrence, or accident. However, liability policies generally exclude coverage for injury or damage that results from intentionally...
The 2024 Atlantic hurricane season came in with a bang, and there’s still a long way to go. Hurricane Beryl, the season’s first hurricane and the earliest Atlantic category 5 storm on record, may cost U.S. insurers $2.7 billion, according to catastrophe modeling...
In the latest episode of The Insurance Lawyer, host Evan Schwartz sat down with guest Danielle Laughlin, CEO of Sage Business Counsel. Danielle brings a unique perspective to business insurance, drawing upon her extensive experience as a litigator to champion...