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A US Supreme Court reversed a lower court’s decision awarding $9.1 million to an insured company for the company’s defence costs of litigation over a clean-up of a landfill in Massachusetts.
A US federal judge has held that the insurer of a New Jersey airport owed no coverage in an underlying lawsuit stemming from injuries suffered during a skydiving accident because of the policy exclusion for injuries arising out of any parachuting activities. The parachute jumping exclusions stipulated that coverage did not include bodily injury or property damage resulting from any parachuting activity.
A US Supreme Court found that the insurer did not have to defend a motor dealership from a suit brought by an individual who alleged that the dealership had misrepresented that the car he bought had not previously been damaged.
A court in Delaware USA held that coverage for an incident where one child used a paintball gun to shoot a paintball at another child, injuring his eye, was excluded from cover under the parents’ homeowners policy.
Do you think short-term insurance broking will survive the AI plus humanoid robotics age?