Mondaq USA: Insurance
Thompson Coburn LLP
The allocation of risk via representations and warranties and the accompanying indemnification obligations is a primary source of contention in almost every private merger and acquisition transaction.
Lewis Brisbois Bisgaard & Smith LLP
Randall Seger died in 1992 while working on a hydraulic-lift drilling rig, owned by Diatom Drilling Co., L.P., that suddenly collapsed.
Farella Braun & Martel
Accordingly, this Court must endeavor to predict how the California Supreme Court would interpret the Contractual Liability Exclusion.
Lewis Brisbois Bisgaard & Smith LLP
The priority of excess policies of a contractor and subcontractor was squarely at issue in this instructive Mississippi case.
Lewis Brisbois Bisgaard & Smith LLP
A Texas appellate court reversed a $9.63 million judgment against insurers holding the Insured was not entitled to additional coverage and penalties in a lawsuit seeking coverage stemming from well blowouts off the Louisiana coast.
Lewis Brisbois Bisgaard & Smith LLP
The Insured in Performance Drilling sought coverage under an "all risks" insurance policy for two mud pumps which were removed from a drilling rig and later stolen from the Insured's storage yard...
Orrick
On September 22, 2016, the Florida Supreme Court issued an eagerly-awaited opinion in Wells Fargo Bank, N.A. v. Pruco Life Insurance Co.
Carlton Fields
"[N]ow I only hear/ Its melancholy, long, withdrawing roar,/ Retreating, to the breath/ Of the night-wind, down the vast edges drear/ And naked shingles of the world." — Matthew Arnold
Lewis Brisbois Bisgaard & Smith LLP
In Paslay v. State Farm General Insurance Company, 248 Cal.App.4th 639, the California Second District Court of Appeal reversed the trial court's entry of summary judgment in favor of State Farm...
Lewis Brisbois Bisgaard & Smith LLP
The lower court's calculation of statutory damages for bad faith breach of insurance contract under C.R.S. §10-3-1115, 1116 was, to date, the most authoritative Colorado case precedent on that issue.
Farella Braun & Martel
Drones, or unmanned aerial vehicles, have found a wide and expanding commercial market as they have become cheaper to buy and easier to use.
Jones Day
Named after the Ugandan forest in which it was first discovered, outbreaks of Zika virus have until recently been limited to tropical Africa, Southeast Asia, and the Pacific Islands.
Brown Smith Wallace
The number of states with legislation that enable captive insurance companies has greatly increased over the past decade.
Bullivant Houser Bailey PC
Many marine insurance policies contain warranties.
Carlton Fields
National Union Fire Insurance Company of Pittsburgh brought a petition in a New York federal court, to compel nine related companies to arbitrate a payment dispute relating to certain policies of insurance...
Bullivant Houser Bailey PC
It is rarely a good sign for an insurer when a court begins its analysis with a discussion of how ambiguous policy language is construed against insurers.
Carlton Fields
On September 21, the United Kingdom's financial regulator, the Financial Conduct Authority (FCA)...
Womble Carlyle
Businesses in Charlotte, North Carolina will most likely be covered by property insurance for damage caused by protesters. Additionally, some may be able to recover lost business income.
Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.
On September 7, 2016, the Louisiana Supreme Court applied, for the first time, a pro rata allocation method to defense costs where commercial general liability policies provided coverage during a portion of the time...
Lewis Brisbois Bisgaard & Smith LLP
The California Second District Court of Appeal reversed the trial court's entry of judgment after it sustained a demurrer without leave to amend filed by Fireman's Fund in response to a complaint for equitable subrogation filed by ACE.
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Holland & Knight
After several decades, Florida is back in the business of licensing captive insurance companies.
Carlton Fields
The admonition to "eat every carrot and pea on your plate" undoubtedly elicits laughs from the children to whom it is directed. The point is, some things are unambiguously ambiguous.
Anderson Kill
Cyber risks should have directors and officers thinking beyond specialty cyber coverage that covers their companies' first-party losses and third-party liabilities.
Reed Smith
CMS is soliciting public input on the "evolution" of its State Innovation Models Initiative, which was launched in 2013 to accelerate state design and testing of multi-payer payment and delivery models.
Herrick, Feinstein LLP
The New Jersey Supreme Court, joining a growing trend, held that consequential damages resulting from a subcontractor's faulty work triggered an insurer's duty to defend the general contractor.
Reed Smith
CMS has proposed its annual Notice of Benefit and Payment Parameters, which would apply to participation in Affordable Care Act (ACA) Health Insurance Marketplaces for 2018.
Miller Friel
Property insurance claims can be extremely complex, and things are not always as they are portrayed by the insurance industry.
Troutman Sanders LLP
The Louisiana Supreme Court has held that an insurer's responsibility for defense costs in a long-latency disease case is limited to a pro rata share based on its time on the risk.
Seyfarth Shaw LLP
The Northern District of Indiana rejected the insurer's assertion that its pollution exclusion clauses unambiguously included all contaminants.
Cadwalader, Wickersham & Taft LLP
The SEC Division of Investor Education and Advocacy alerted investors to various insurance scams that may arise from recent flooding in and around Louisiana.
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