Heritage Insurance has gained the coveted Lloyd's registered broker status.
Guernsey's position as a leading centre for Insurance Linked Securities (ILS) transactions was underlined at a thought leadership event in London.
Gavin Parker, of Barclays, discusses the ILS market in Guernsey and investor interest in the market.
Day Pitney LLP
The National Association of Insurance Commissioners has warned that commercial insurance policies providing general liability coverage do not apply to many cyber risks.
Just when you thought it was safe to assume that cybersecurity
breaches took a serious, but at least predictable path, along comes
the Sony Pictures breach.
On May 11, a Utah federal court handed down one of the first coverage decisions in the country construing a so called "cyber" policy.
Liability insurers often try to significantly limit the amount of fees they have to pay by contesting hourly rates and seeking to impose other billing restrictions.
Providing insurers with timely notice of claims is probably the most basic of coverage issues.
Sometimes, despite the best intentions, insurance policies fail to contain everything that the policyholder intended.
Many aspects of a food manufacturer's business are predictable or planned. And then there's food contamination and product recall – unanticipated events that keep a general counsel up at night.
Stites & Harbison PLLC
The Kentucky Department of Insurance warns that many self-funded health benefit plans fail to provide an external review process which violates the Kentucky Insurance Code.
A brand new decision from a federal trial court in Utah is a sobering reminder that just because you have purchased "cyber" insurance does not mean that your insurance company will pay a cyber-related claim.
Virtually every company suffers a substantial insurance loss at some point in its life cycle. If the loss is large, there is a good chance there will be an insurance dispute.
Blaney McMurtry LLP
A recent decision of the U.S. District Court for the Middle District of Florida, In Re Taylor, Bean & Whitaker Mortgage Corporation, provides a helpful illustration of how to assess coverage...
Dickstein Shapiro LLP
Bolstered by the strong United States dollar and cheap energy costs, the current wave of corporate takeovers and mergers shows no sign of abating.
Duane Morris LLP
Captive insurance companies have been used for risk management purposes since the 1960s, when industrial corporations found insurance for their risks either challenging to find in the marketplace, or expensive.
Policyholders can include violations of economic sanctions among the laundry list of risks their companies face.
In 2014, New York courts developed significant legal precedent
in a broad array of insurance coverage issues, including broker
liability, allocation, data breach, right to attorneys' fees,
discovery and bankruptcy.