Federal appeals court asked state high court to weigh in on duty to defend Justices agree with Yahoo that AIG unit’s policy is ambiguous (Reuters) – The California Supreme Court backed Yahoo’s bid to revive a lawsuit against its former insurer for refusing to defend the web services provider against several class actions that accused it of sending out spam “robo-text” messages. The justices said Thursday a federal magistrate in San Jose misapplied California law in 2017, when he found… Source link
Read More »California Justices Question Yahoo Insurer’s Coverage Denial (1)
California Supreme Court justices on Tuesday questioned an insurance company’s rationale for denying coverage to Yahoo! Inc., as the company fends off class actions arising from alleged Telephone Consumer Protection Act violations. National Union Fire Insurance Co. of Pittsburgh, Pa., declined coverage, concluding the legacy internet company’s policies didn’t cover allegations it had sent unsolicited spam text messages, even though the parties had negotiated separate coverage for… Source link
Read More »California Justices Question Yahoo! Insurer’s Denial of Coverage
California Supreme Court justices on Tuesday questioned an insurance company’s rationale for denying coverage to Yahoo! Inc., as the company fends of class actions arising from alleged Telephone Consumer Protection Act violations. National Union Fire Insurance Co. of Pittsburgh, Pa., declined coverage, concluding the legacy internet company’s policies didn’t cover allegations it had sent unsolicited spam text messages, even though the parties had negotiated separate coverage for… Source link
Read More »California Justices Question Yahoo Insurer’s Coverage Denial (1)
California Supreme Court justices on Tuesday questioned an insurance company’s rationale for denying coverage to Yahoo! Inc., as the company fends off class actions arising from alleged Telephone Consumer Protection Act violations. National Union Fire Insurance Co. of Pittsburgh, Pa., declined coverage, concluding the legacy internet company’s policies didn’t cover allegations it had sent unsolicited spam text messages, even though the parties had negotiated separate coverage for… Source link
Read More »NHL sues insurers over Covid-19 reimbursements
Factory Mutual Insurance Company, The Cincinnati Insurance Company, Starr Surplus Lines Insurance Company, Lexington Insurance Company, and Federal Insurance Company listed as defendants Teams suing include Montreal Canadiens, Ottawa Senators, Toronto Maple Leafs, Vancouver Canucks, and Winnipeg Jets The National Hockey League (NHL) and 20 of its teams are suing five of their insurance providers over… Source link
Read More »Google to Help Insurers Measure Slip-and-Fall Risks in Buildings
Google is aiming to help small-business insurers more accurately measure occupancy of buildings where they are on the hook for slip-and-fall accidents and other risks. The endeavor is part of a partnership between Google Cloud and Menlo Park, Calif.-based BlueZoo Inc. It is the latest publicly announced initiative of the Alphabet Inc. GOOG 0.63% unit as property and casualty insurers explore a wider range… Source link
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