Holland & Knight
When was the last time your organization reviewed your insurance policies? Not all policies are equal. Many religious organizations are underinsured.
The availability of extracontractual remedies for policyholders
denied full and prompt payment of their claims is a crucial means
of leveling the playing field between policyholders and the
Schnader Harrison Segal & Lewis LLP
Congress created an uproar among personal injury tort defendants and their insurers when it passed the Medicare, Medicaid, and SCHIP Extension Act of 2007 (MMSEA) less than 10 years ago.
On May 24, 2016, the investor group Ceres released a report that analyzes the fossil fuel investments of 40 major U.S. insurance groups.
Many limitations and exclusions in liability policies address "moral hazard" situations by declining to provide insurance for bad behavior.
A federal court in Georgia recently granted the plaintiffs-cedents' motion for leave to conduct certain expedited discovery from their reinsurer...
Today we present the first part of our series, Insurance Recovery Law: History's Best Decisions. The topic of this video is perhaps the most important business interruption insurance decision...
While much remains to be determined, the recent easing of U.S. restrictions on travel to and trade with Cuba may bring opportunities for U.S. and global insurance companies.
In the ongoing reinsurance dispute between cedent Utica Mutual Insurance Company and reinsurer Clearwater Insurance Company, two developments occurred on July 14, 2016.
During the past several months, Zika virus has rapidly spread across Latin America and into the United States.
What does 17th century piracy teach us about property insurance? Lots. Although "Sue and Labor" clauses were first used in the 1600's to deal with the loss of ships to pirates, that language is still in use today, and it is just as valuable now as it was back then.
Kramer Levin Naftalis & Frankel LLP
Corporate partner Daniel A. Rabinowitz and associate Alexander Traum's article "Capital standards for insurance groups: What's next?" appeared in the Aug. 9, 2016 issue of the PropertyCasualty360.
A New York trial court recently recognized that insurers may not deny coverage for a claim, and then, if the denial was improper, object to a policyholder's settlement without their consent.
As this blog has documented, the language of insurance policies evolves; it changes to address new risks, and it also responds to new interpretations of old policy provisions.
Foley & Lardner
An insurer's decision whether to defend a lawsuit against its insured can be a critical issue involving tens of thousands, if not millions, of dollars for Wisconsin companies who are sued.
In our final installment of our series Five Things You Need To Know About Property Insurance, Mark Miller addresses the importance of understanding the law.
Most property claims settle. And, this is important to know because there's a lot of things you can do with settlement. You still have to be proactive, but you don't have to get yourself, most likely, into litigation.
By now, most directors and officers are acutely aware of the exponential growth of cyberrisks. They may be less aware that the very ubiquity and familiarity of cyberattacks has exposed them to greater personal risk than they faced when such attacks were more of a novelty. Insurance coverage for such known threats, and the scrutiny of directors.
Foreclosure/Automatic Stay: because final judgment entered day after defendant's petition for bankruptcy, automatic stay imposed by 11 U.S.C. § 362 was in effect and, thus, judgment was void...