Tackling evolving technology risks and protecting insureds against extreme weather events are two of the top priorities as the insurance sector battles to ensure its regulations remain relevant in a rapidly changing world.
When the insurer of hip-hop artist Fat Joe refused to pay under its music professional liability policy, Fat Joe and his record label took the insurer to court.
During repairs to the Coney Island Steeplechase Pier, a spud barge sank and damaged the pier further. The court had to decide if the insurer was responsible for the barge’s damages.
The Superior Court of New Jersey affirmed a workers’ compensation judge’s ruling that required an employer to reimburse its employee for the employee’s prescription use of medical marijuana.