Insurance Law and Insurance Regulation

Businesses and their leaders expect directors and officers (D&O) insurance to provide broad coverage for acts undertaken in an individual’s corporate capacity.

After a car accident, there is already a lot running through your mind. You may be dealing with damage to your car, checking on injuries, figuring out what happens next, and then suddenly… the insurance company starts calling.

A federal court in New York ruled that an employment practices liability insurer had no duty to indemnify its policyholder for a lawsuit stemming from a whistleblowing claim, finding that the initial written demand preceded the policy period. The decision also addressed whether insurers must demonstrate prejudice when denying coverage based on late notice, ultimately holding that a twenty-month delay in notification would constitute prejudice even if such a showing were required.