Jim Sams

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About Jim Sams

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So far Jim Sams has created 67 blog entries.
14 04, 2021

Court Orders Chubb Subsidiary to Pay for Merchandise Lost in Warehouse Bankruptcy

By | April 14th, 2021|Uncategorized|Comments Off on Court Orders Chubb Subsidiary to Pay for Merchandise Lost in Warehouse Bankruptcy

Chubb’s Federal Insurance Co. must pay more than $2 million to a fabric company that lost 22 trailer loads of merchandise when the Mississippi warehouse company that stored it, filed for bankruptcy, sold the goods and pocketed the proceeds. A …

13 04, 2021

Texas Supreme Ruling Favors Insurers That Changed Policy Forms to Stem Mold Claims

By | April 13th, 2021|Uncategorized|Comments Off on Texas Supreme Ruling Favors Insurers That Changed Policy Forms to Stem Mold Claims

The Texas Supreme Court on Friday reversed lower court rulings and found that Farmers Insurance was within its rights when it decided 19 years ago not to renew homeowners’ policies that it feared would have forced it to cover mold …

12 04, 2021

2nd Circuit: Insurer Must Pay for Merchandise Lost in Warehouse’s Bankruptcy Sale

By | April 12th, 2021|Uncategorized|Comments Off on 2nd Circuit: Insurer Must Pay for Merchandise Lost in Warehouse’s Bankruptcy Sale

Chubb’s Federal Insurance Co. must pay more than $2 million to a fabric company that lost 22 trailer loads of merchandise when the Mississippi warehouse company that stored it filed for bankruptcy, sold the goods and pocketed the proceeds. A …

9 04, 2021

Applied Analytics Isn’t Just for Insurers. Startups Help Claimants Get In On the Action

By | April 9th, 2021|Uncategorized|Comments Off on Applied Analytics Isn’t Just for Insurers. Startups Help Claimants Get In On the Action

Lee Fogle reached down to save his 12-lb. Yorkshire terrier Nemo as a pit bull lunged forward. The attacking dog’s jaws clamped onto his left hand, sending him to a clinic for sutures and starting a 10-month-long insurance battle. “It …

26 03, 2021

Allianz Wins Order Requiring Other Insurers to Contribute to Defense of Asbestos, Pollution Claims

By | March 26th, 2021|Uncategorized|Comments Off on Allianz Wins Order Requiring Other Insurers to Contribute to Defense of Asbestos, Pollution Claims

Carriers that insured Freightliner Corp. before it was purchased by Daimler-Benz AG in 1981 — even those that entered into fronting agreements that transferred liability back to the insured — have to contribute to the defense of claims related to …

22 03, 2021

N.H. Supreme Finds ‘Special Relationship,’ Affirms Jury Award Against Insurance Agency

By | March 22nd, 2021|Uncategorized|Comments Off on N.H. Supreme Finds ‘Special Relationship,’ Affirms Jury Award Against Insurance Agency

A split decision by the New Hampshire Supreme Court released Friday offers a lesson to insurance agents about the importance of checklists. Three justices overruled two dissenters to affirm a Superior Court jury’s verdict that Foy Insurance Group was negligent …

16 03, 2021

7th Circuit Finds Insurer Has No Duty to Defend Mortgage Servicer Against Robocall Lawsuit

By | March 16th, 2021|Uncategorized|Comments Off on 7th Circuit Finds Insurer Has No Duty to Defend Mortgage Servicer Against Robocall Lawsuit

A liability insurance carrier that excluded any violation of telecommunications laws from coverage had no duty to defend a loan servicer from a class-action lawsuit that accused it of making harassing robocalls to more than 1 million cell phones. The …

15 03, 2021

Nevada Supreme: Insurer Entitled to Reimbursement for Defense Costs if No Coverage Owed

By | March 15th, 2021|Uncategorized|Comments Off on Nevada Supreme: Insurer Entitled to Reimbursement for Defense Costs if No Coverage Owed

An insurer that paid to defend a policyholder against a lawsuit, but determined later that no coverage was owed, is entitled to reimbursement for its costs, a divided Nevada Supreme Court said. In a 4-3 decision on Thursday, the high …

15 03, 2021

5th Circuit Rejects ‘Legal Gotcha’; Says Insurer Must Pay for Harvey Damage

By | March 15th, 2021|Uncategorized|Comments Off on 5th Circuit Rejects ‘Legal Gotcha’; Says Insurer Must Pay for Harvey Damage

While Hurricane Harvey dumped 60 inches of rain on the Houston area in August 2017, the authority that operates the Lake Conroe Dam opened the floodgates to release water at a rate almost equal to the flow over Niagara Falls. …

12 03, 2021

Carrier Can’t Subrogate Against Students Who Caused Dartmouth Dormitory Fire

By | March 12th, 2021|Uncategorized|Comments Off on Carrier Can’t Subrogate Against Students Who Caused Dartmouth Dormitory Fire

An insurer that paid $4.5 million to Dartmouth College to restore a dormitory that was damaged by fire can’t seek recovery from two students whose negligence started the blaze, the New Hampshire Supreme Court decided. The high court ruled 3-0 …