The parties have forecasted conflicting evidence as to whether the plaintiff-insured attempted to have the defendant-insurers pay, not solely for the damage that fire caused to plaintiff’s facility, but also for plaintiff’s expansion of the facility. Plaintiff is not entitled ...

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Despite the apparent plain language of the multiple-claimants exception to the stacking language of G.S. § 20-279.21(b)(4), Nationwide Affinity Insurance Company of America v. Le Bei, 259 N.C. App. 626, 816 S.E.2d 251 (2018), allowed stacking in a situation analogous ...

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Even though the insured agreed to buy insurance on his own life simply as a means of making money on the sale of the policy to a stranger, since the insured always had the option of retaining the policy, the ...

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ROCHESTER, NY –With spring (finally!) approaching, companies should consider adding an annual insurance checkup to their “spring cleaning” to-do list. Many businesses have, at some point, encountered this nightmare scenario: despite paying substantial insurance premiums year after year, a significant ...

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Even though plaintiff’s decedent, an ERISA plan participant, was incapacitated by illness during the period when he could have converted his employer-provided life insurance policy to an individual policy, and even though the participant tried to make the conversion 26 ...

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Where G.S. § 58-44-16(f)(10) says an insurer may cancel fire insurance policies by “giving” written notice to the insured, all that is required is that the insurer mail notice of cancellation to the insured. No proof of receipt of the ...

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Excess insurers may enforce insurance policy provisions prohibiting or restricting post-loss assignments with the clauses construed based on the actual language in the insurance policy, a North Carolina Business Court judge has ruled, resulting in a split decision for the ...

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  A cyclist who says he was seriously injured when he was knocked off his bicycle by a motorist who then fled the scene has settled a claim with his insurance carrier for $250,000, his attorney reports. Ann Groninger of ...

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An insurance company must honor its business interruption coverage for 16 North Carolina restaurants that closed on the orders of the state due to COVID-19 because the restaurants suffered actual “physical loss,” a Durham County Superior Court judge has ruled. ...

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  A plaintiff must present evidence of actual and reasonable reliance on a misrepresentation in order to make a successful claim for unfair and deceptive trade practices against an insurance agent, the North Carolina Court of Appeals has unanimously ruled. ...

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