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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RALEIGH, N.C. (AP) — A life insurance company has agreed to a $1.1 million penalty after North Carolina regulators found claims processing violations and delays, according to state Insurance Commissioner Mike Causey. Gerber Life Insurance Co., which the Department of ...

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  With restrictions on business openings extended into August, business owners are faced with mounting bills and an uncertain future. Many were somewhat reassured at the start of the COVID-19 pandemic because they thought their business interruption insurance claims would ...

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  A Currituck County woman’s “household” did not include the son, daughter-in-law, or granddaughter who lived in a nearby house on her family farm, a divided North Carolina Court of Appeals has ruled, granting an insurer’s request to deny coverage ...

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An insurance company that denied benefits to a disabled plant manager in the face of overwhelming evidence of his total disability has been sharply rebuked by the 4th U.S. Circuit Court of Appeals, which unanimously affirmed a federal judge’s ruling ...

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The defendant-insured stressed to the third-party defendant-insurance agency that trademark and copyright infringement coverage was important, and the list of policy exclusions that the agency provided at defendant’s request did not contain an exclusion for trademark or copyright infringement. However, ...

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