Olivia Alafriz

Washington, D.C., United States

Junior Insurance Reporter at Bloomberg Law

covering insurance litigation and regulation @BLaw. was: @politico. @americanu. @theeagleonline. @cnnpolitics. @texastribune.

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Articles

Judge Probes Meta’s Bid to Resolve Insurance Case in California

1 day ago | news.bloombergtax.com | Olivia Alafriz

A California federal judge appeared skeptical of Meta Platforms Inc.'s position that a dispute over insurance coverage for social media litigation should proceed in her court instead of Delaware state court, where insurers first filed their suit. Meta’s argument that insurers had no right to file suit “seems to make no logical sense,” Judge Yvonne Gonzalez Rogers of the US District of the Northern District of California said during a Wednesday hearing.
Judge Probes Meta’s Bid to Resolve Insurance Case in California

1 day ago | news.bloomberglaw.com | Olivia Alafriz

A California federal judge appeared skeptical of Meta Platforms Inc.'s position that a dispute over insurance coverage for social media litigation should proceed in her court instead of Delaware state court, where insurers first filed their suit. Meta’s argument that insurers had no right to file suit “seems to make no logical sense,” Judge Yvonne Gonzalez Rogers of the US District of the Northern District of California said during a Wednesday hearing.
AIG Sued Over Real Estate Developer Directors’ Defense Costs

1 day ago | news.bloomberglaw.com | Olivia Alafriz

An American International Group Inc. unit improperly tried to control the defense of real estate developer directors named in a securities suit even though the insurer’s directors and officers liability policy was issued on a “duty to advance” basis, two former directors alleged.
Aviation Insurers Dropped From Suit Over Unrecovered Engine

1 day ago | news.bloomberglaw.com | Olivia Alafriz

A Florida aircraft engineering company agreed to let three aviation insurers out of its coverage lawsuit over an engine installed on a leased aircraft in Russia that couldn’t be recovered once the war in Ukraine began. AerSale Inc. on Tuesday notified the US District Court for the Southern District of Florida that it was dropping claims against Lancashire Insurance Co. UK Ltd., Liberty Corporate Capital Ltd., and Atrium Underwriters Ltd.
Chubb Wins ‘Drop Down’ Insurance Dispute Over Asbestos Suits

2 days ago | news.bloombergtax.com | Olivia Alafriz

XYour Choices Regarding Cookies and IdentifiersWe and our 150 third party partners use cookies and similar technologies ("Cookies") and hashed identifiers (e.g., a hashed version of your name, email address or phone number) to help us identify you on our site and third-party sites and to process certain information, such as your IP address and digital identifiers, to analyze site usage and provide you with relevant advertisements and content.
Chubb Wins ‘Drop Down’ Insurance Dispute Over Asbestos Suits

2 days ago | news.bloomberglaw.com | Olivia Alafriz

Umbrella liability policies issued by Chubb Ltd. unit Federal Insurance Co. don’t require the insurer to “step down into the shoes” of “now insolvent primary insurers” and cover asbestos-related litigation against an industrial pump manufacturer, a federal court ruled.
Colorado ‘Economic Loss’ Rule Bars Insurer’s Negligence Claim

2 days ago | news.bloomberglaw.com | Olivia Alafriz

Colorado’s economic loss rule precludes an insurer from asserting a negligence claim in a subrogation dispute with its insured’s contractor even if “willful and wanton conduct” is alleged, the state’s high court ruled. A construction contractor’s “duty of care in negligence” to perform its work in a certain manner doesn’t differ from its duty under a contract, Colorado Supreme Court Justice Richard L. Gabriel wrote for the court in an April 21 opinion.
Colorado ‘Economic Loss’ Rule Bars Insurer’s Negligence Claim

2 days ago | news.bloombergtax.com | Olivia Alafriz

Colorado’s economic loss rule precludes an insurer from asserting a negligence claim in a subrogation dispute with its insured’s contractor even if “willful and wanton conduct” is alleged, the state’s high court ruled. A construction contractor’s “duty of care in negligence” to perform its work in a certain manner doesn’t differ from its duty under a contract, Colorado Supreme Court Justice Richard L. Gabriel wrote for the court in an April 21 opinion.
Lockheed Martin’s Litigation Expenses Not Covered, Insurer Says

3 days ago | news.bloomberglaw.com | Olivia Alafriz

Liability policies issued to Lockheed Martin Corp. from the 1950s to the 1970s don’t cover defense costs in lawsuits related to the alleged discharge of toxic chemicals from a Florida plant, a Loews Corp. insurance unit said. The US District Court for the District of Maryland should dismiss Lockheed’s amended complaint, Continental Casualty Co. said in an April 18 motion to dismiss.
SEC Suit Against Investment Adviser Not Covered, Insurers Say

6 days ago | news.bloombergtax.com | Olivia Alafriz

XYour Choices Regarding Cookies and IdentifiersWe and our 150 third party partners use cookies and similar technologies ("Cookies") and hashed identifiers (e.g., a hashed version of your name, email address or phone number) to help us identify you on our site and third-party sites and to process certain information, such as your IP address and digital identifiers, to analyze site usage and provide you with relevant advertisements and content.