A dental practice submitted a business interruption claim to its property insurers due to the COVID-19 shutdown orders. The insurers denied coverage, citing a lack of physical damage to the premises. Breaking with national...more
10/2/2024
/ Anti-Stacking Provisions ,
Business Interruption ,
Business Losses ,
Commercial Insurance Policies ,
Coronavirus/COVID-19 ,
Declaratory Relief ,
Denial of Insurance Coverage ,
Indemnification ,
Insurance Claims ,
Insurance Industry ,
Insurance Litigation ,
Liability ,
Policy Exclusions ,
Reasonable Expectations Test
The New York Department of Financial Services (DFS) previously circulated proposed guidance on using AI in underwriting and pricing to address discrimination. DFS requested public comment. Commenters expressed concern over:...more
8/2/2024
/ Artificial Intelligence ,
Auto Insurance ,
Commercial Insurance Policies ,
Denial of Insurance Coverage ,
Department of Financial Services ,
Insurance Claims ,
Insurance Industry ,
Insurance Litigation ,
Property Damage ,
Property Insurance ,
Storm Damage