Remove Claim Remove General Liability Remove Injury
article thumbnail

5 Best Practices for Effective Claims Reviews

Risk Management Monitor

With the cost of insurance for businesses rising across many types of coverage, staying on top of trends in the claims portfolio is more important than ever. For this reason, many insurers and TPAs promise to conduct claims reviews with their business customers on a regular basis, but the rigor can vary greatly.

Claim 75
article thumbnail

The Insights You Need for A Strong Finish to 2024

Zywave

But beyond just the employee benefits, the workers’ compensation and general liability markets are also feeling the pinch of increased medical costs. These nuclear verdicts often are seen as a result of social inflation, which refers to the rising cost of insurance claims influenced by societal trends.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Beyond Coverage: Understanding the Limitations of Cyber Liability Insurance for California’s Tech Companies

Jackson & Jackson

General Liability Insurance: to help cover claims your business caused property damage or bodily injury. Professional Liability (E&O) Insurance: this can help cover claims of mistakes or omissions in your professional business services.

article thumbnail

The Scoop On The Fifth Circuit’s Ruling Against Blue Bell Ice Cream

Hunton Andrews Kurth

As reported on Hunton’s Insurance Recovery Blog , the Fifth Circuit recently held that Blue Bell Creameries’ commercial general liability (CGL) insurers do not have a duty to defend the ice cream company in a shareholder lawsuit, which arose from a Listeria outbreak.

article thumbnail

Mold: Impacts on the Affordable Housing Industry

Scott Insurance

While insurance coverage is typically relied upon for many property-related losses, there remains a disconnect about how mold claims are often handled by the insurance industry. Generally, the only exception to this exclusion is if the mold results from another cause of loss (i.e.,

article thumbnail

Maximise Your Business Growth: 4 Essential Tips to Secure Your Commercial Tailors Insurance

Protect Commercial Insurance

General Liability Insurance General liability insurance is essential for any business, including tailors. It provides coverage for third-party bodily injury or property damage claims that may arise from accidents on your premises or as a result of your products or services.

article thumbnail

Blog Post: I Want to Say One Word to You. Just One Word. Are you Listening? Plastics

LexisNexis

Insurance Coverage for PFAS Liability Address potential insurance coverage for tort and environmental liability arising from PFAS compounds. Organized in reverse chronological order from the date of enactment or announcement and updated weekly.