I was delighted to attend the Claims and Litigation Management Alliance’s Annual Conference in beautiful San Francisco earlier this month. While I learned many lessons during my time at the CLM Annual Conference, one theme consistently emerged: What is going on with the younger generations? Whether it was a seminar, lunch session, or simply advice from seasoned professionals, it became apparent that age and experience play an essential role in the insurance industry.
On June 29th, 2021, Missouri Governor Mike Parson signed into law SS HB 345, which will go into effect on August 28th. The law amends Missouri’s unique statutory law, predominantly viewed as favoring policy holders and plaintiffs’ attorneys seeking garnishments and third-party actions against insurance companies.
Continue reading Missouri’s “065 Agreement” Statute Amended Again
On January 12th, 2021, the Missouri Court of Appeals affirmed a trial court ruling against Liberty Insurance Corporation, finding it liable for the $7.5 million remaining balance of a wrongful death judgment. The case provides important lessons for insurers on how to avoid being bound to substantial judgments against their insureds, even where viable policy exclusions exist.
Continue reading Could Coverage Denials Give Plaintiffs a Blank Check?
