Was that really an “accident”?: Northern District of California reiterates what constitutes an “accident” under a commercial general liability policy *

USA - January 14 2013
In Alco Iron & Metal Co. v. American International Specialty Lines Insurance Co., No. 11-5181 CW, 2012 WL 5878391 (N.D. Cal. Nov. 21, 2012), the U.S…

Prospective insureds, do your homework: flood insurer has no duty to provide advice to potential policyholders *

USA - May 22 2012
In Grissom v. Liberty Mut. Fire Ins. Co., No. 11-60260, 2012 WL 1383069 (5th Cir. Apr. 23, 2012), the U.S. Court of Appeals for the Fifth Circuit overturned a jury verdict in the U.S. District Court for the Southern District of Mississippi, holding that under Mississippi law, a purchaser of flood insurance cannot maintain a negligent misrepresentation cause of action against a flood insurer simply because the insurer failed to inform the consumer that he was eligible for a “preferred risk” policy.