Jim Sams

/Jim Sams

About Jim Sams

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So far Jim Sams has created 83 blog entries.
3 02, 2021

Lawsuit to Test Bulletin That Asked Insurers to Be Generous With Civil Unrest Claims

By | February 3rd, 2021|Uncategorized|Comments Off on Lawsuit to Test Bulletin That Asked Insurers to Be Generous With Civil Unrest Claims

A lawsuit filed by the owner of a Chicago hotel and its rooftop bar will put to test a request by the Illinois Insurance Department that insurers disregard any slowdown caused by COVID-19 when calculating business income lost due to …

20 01, 2021

CorVel Offering At-Home Covid Testing for Customers’ Employees

By | January 20th, 2021|Uncategorized|Comments Off on CorVel Offering At-Home Covid Testing for Customers’ Employees

CorVel Corp., a third-party administrator that is coping with a growing share of workers’ compensation claims caused by COVID-19, is now offering at-home COVID-19 testing kits for its customers’ employees. CorVel has contracted with 1health.io to provide test kits to …

14 01, 2021

Safety Board: More Guidance Needed to Protect Firefighters From Electric Vehicle Fires

By | January 14th, 2021|Uncategorized|Comments Off on Safety Board: More Guidance Needed to Protect Firefighters From Electric Vehicle Fires

Electric vehicle manufacturers should provide more specific information to first responders and tow truck drivers on how to cope with lithium-ion battery fires, which continuously reignite even after being doused with water, the National Transportation Safety Board said in a …

12 01, 2021

Courts Allow COVID-19 Claims by Insureds With Policy Endorsements for Diseases

By | January 12th, 2021|Uncategorized|Comments Off on Courts Allow COVID-19 Claims by Insureds With Policy Endorsements for Diseases

While insurers continue to win four out of five cases in early rounds, in the past month two property owners with policies that contained endorsements specifically providing coverage for diseases survived motions to dismiss their COVID-19 business interruption claims. On …

6 01, 2021

Assault on U.S. Capitol a Spark, but No Catastrophe Losses Yet

By | January 6th, 2021|Uncategorized|Comments Off on Assault on U.S. Capitol a Spark, but No Catastrophe Losses Yet

Commercial property insurers who are already edgy after suffering historic losses from civil unrest got another jolt Wednesday when pro-Trump protestors smashed windows to gain entry into the U.S. Capitol. But there’s “a lot of mileage” between the Washington D.C. …

5 01, 2021

Florida Court Upholds Policyholder Right to Assign Benefits

By | January 5th, 2021|Uncategorized|Comments Off on Florida Court Upholds Policyholder Right to Assign Benefits

An appellate court in Florida has upheld the right of policyholders to assign their right to collect benefits from an insurance claim to contractors, reversing trial court rulings in favor of insurers. The Florida 3rd District Court of Appeals ruled …

30 12, 2020

8th Circuit: Late Notice Bars Coverage Under Arkansas District’s ‘Claims-Made’ Policy

By | December 30th, 2020|Uncategorized|Comments Off on 8th Circuit: Late Notice Bars Coverage Under Arkansas District’s ‘Claims-Made’ Policy

Ace American Insurance Co. is not liable for the approximately $250,000 that an Arkansas school district paid to settle a sexual harassment lawsuit because the district did not notify the insurer about a complaint against it until more than six …

23 12, 2020

Social Inflation Lesson: Not Settling Cost Insurer Millions in Suit by Excess Insurer

By | December 23rd, 2020|Uncategorized|Comments Off on Social Inflation Lesson: Not Settling Cost Insurer Millions in Suit by Excess Insurer

The defense team for Chubb Group’s Ace American Insurance Co. was confident that no jury would award more than $2 million in a wrongful death lawsuit filed by the family of Mark Braswell, who died on May 16, 2014 when …

23 12, 2020

Refusal to Settle for $2M Costs Ace Nearly $8M in Suit by Excess Insurer

By | December 23rd, 2020|Uncategorized|Comments Off on Refusal to Settle for $2M Costs Ace Nearly $8M in Suit by Excess Insurer

The defense team for Chubb Group’s Ace American Insurance Co. was confident that no jury would award more than $2 million in a wrongful death lawsuit filed by the family of Mark Braswell, who died on May 16, 2014 when …

23 12, 2020

Tennnessee High Court: Presumption Law Protects Agents, Carriers

By | December 23rd, 2020|Uncategorized|Comments Off on Tennnessee High Court: Presumption Law Protects Agents, Carriers

Under Tennessee law, policyholders who pay their premiums create a legal presumption that they have accepted the terms of coverage. The statute limits lawsuits by underinsured policyholders who thought they had enough coverage but found after a loss that they …