Another State Supreme Court Rules No Coverage for COVID-19 Shutdown

New You can now listen to Insurance Journal articles! The South Carolina Supreme Court on August 10 became the fourth state high court in the nation to rule that the virus that causes COVID-19 cannot cause a direct physical damage or loss covered by a commercial property insurance policy. The state Supreme Court decided the … Read more

Judge Rules Walgreens Contributed to San Francisco’s Opioid Crisis

A federal judge ruled this week that Walgreens can be held responsible for contributing to San Francisco’s opioid crisis for over-dispensing opioids for years without proper oversight and failing to identify and report suspicious orders as required by law. San Francisco City Attorney David Chiu said the pharmacy chain “continually violated what they were required … Read more

EU, South Korea say U.S. plan for EV tax breaks may breach WTO rules

Breadcrumb Trail Links PMN Technology PMN Business Author of the article: Reuters John Chalmers and Hyunjoo Jin Article content BRUSSELS — The European Union and South Korea have raised concerns about proposed U.S. tax credits for purchases of electric vehicles, saying they may discriminate against foreign-made vehicles and breach World Trade Organization (WTO) rules. Under … Read more

N.J. Supreme Court reverses, rules in Admiral’s favor

The New Jersey Supreme Court overturned a lower court ruling Wednesday and upheld Admiral Insurance Co.’s denial of coverage to a window coverings company, which was based on a policy exclusion. Santa Fe Springs, California-based Richfield Window Coverings LLC, which does business as Nien Made (USA), sells window coverings to national retailers such as Home … Read more

Blog: Will Consumer Duty rules and affordability see a lender shakeup?

A competitive mortgage market is essential as it drives innovation and delivers better consumer outcomes. However, despite seeing a changing market since the onset of the pandemic, the recently updated mortgage lender league table (Gross Lending Table 2021), as issued by UK Finance, showed that it was still the usual suspects in the conversation. It’s … Read more

S.C. Joins 3 Other State Supreme Courts, Rules No Coverage for COVID-19 Shutdown

The South Carolina Supreme Court on Wednesday became the fourth state high court in the nation to rule that the virus that causes COVID-19 cannot cause a direct physical damage or loss covered by a commercial property insurance policy. The state Supreme Court decided the issue by answering a certified question asked by a US … Read more

South Carolina Supreme Court rules against policyholders in COVID case

The South Carolina Supreme Court joined three other state supreme courts on Wednesday and ruled in insurers’ favor in COVID-related business interruption litigation. The state’s Columbia-based high court was asked by the U.S. District Court in Columbia to rule on whether COVID-19’s presence in several Carolina Ale House establishments operated by Columbia-based Sullivan Management LLC … Read more

OSHA rules for pilot who refused to fly in limited visibility

A helicopter ambulance services company was fined more than $188,000 by the Occupational Safety and Health Administration for allegedly retaliating against a pilot who twice refused to fly in 2021 because of concerns about limited visibility, the agency said Tuesday. OSHA said Tuesday the pilot complained that Shreveport, Louisiana-based Metro Aviation LLC forced the pilot … Read more

WhatsApp has not abused its dominant position in India, rules NCLAT

The NCLAT has set aside a petition and upheld a 2017 CCI order that dismissed a complaint of predatory pricing against instant messaging platform WhatsApp. The National Company Law Appellate Tribunal (NCLAT) said no doubt WhatsApp has a ‘dominant position’ but it has not ‘abused its dominant position’ based on inputs provided … Read more

India’s new rules for data privacy may be more like China’s than Europe’s

After five years of negotiations involving the government, tech companies and civil society activists, the world’s largest democracy is sending its debate on privacy back to the drawing board. The Indian government has junked the personal data protection bill, and decided to replace it with “a comprehensive legal framework.” If the … Read more