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Wiley Rein
The United States District Court for the Northern District of Illinois, applying Illinois law, has held that an E&O policy does not afford coverage for a settlement with two government agencies, including the payment of fines or penalties...
Quadrant Chambers
In an extensive Judgment of over 200 pages, Mr Justice Henshaw rejected jurisdiction challenges brought by the Defendant international reinsurers on the basis of Russian exclusive jurisdiction clauses (EJCs).
Mayer Brown
At the Spring 2024 National Meeting of the US National Association of Insurance Commissioners ("NAIC"), the Surplus Lines (C) Task Force (the "Task Force") met on March 16, 2024.
Lowenstein Sandler
Today on "Don't Take No For An Answer," host Lynda A. Bennett is joined by Alexander B. Corson for a discussion about priority of coverage, or who pays what when there are numerous claims, parties, and policies at play.
Goodwin Procter LLP
It is no secret that a representations and warranties (R&W) insurer's underwriting focus is informed by industry-specific risks and claims experience. For manufacturing businesses, aligning the buyer's...
Wiley Rein
The insurer issued a claims-made-and-reported professional liability policy to the insured property development and management company.
Wiley Rein
The United States Court of Appeals for the Ninth Circuit, applying California law, has held that a strict compliance standard applies to satisfying the notice requirement ...
Ward and Smith, P.A.
At Ward and Smith's recent In-House Counsel event, four Ward and Smith attorneys shared insights on a variety of legal topics, including updates from the General Assembly...
Butler Weihmuller Katz Craig LLP
An insurer generally acquires its insured's rights against tortfeasors through subrogation. But what happens if the insured enters into a settlement and releases the responsible third party?
Ward and Smith, P.A.
Each state has its own specific set of car insurance laws laying out certain requirements for its residents.
Kramer Levin Naftalis & Frankel LLP
Insurers that outsource investment management to affiliates should consider new guidance from insurance regulators on such arrangements. On March 19, 2024, following its March 16 session...
Kaufman Rossin
While we may be prepared to adjust to the changes that come with aging, many underestimate and don't adequately plan for the cost of long-term care.
Seyfarth Shaw LLP
Into the Breach is the first law firm podcast exclusively devoted to reps and warranties insurance and the transactional risk markets. Hosted by Seyfarth partners Bryan M. O'Keefe and Gena B. Usenheimer...
Lowenstein Sandler
In this episode of "Don't Take No for an Answer," host Eric Jesse is joined by Jeff Rubocki, senior managing director of the Private Equity practice at Risk Strategies, to predict what the rest of 2024...
Wiley Rein
The United States District Court for the Southern District of New York, applying New York law, has held that one Insured cannot use consent and cooperation provisions in a D&O insurance policy to block coverage for another Insured's settlement in a bankruptcy adversary proceeding.
Wiley Rein
The insured bank was held liable for a "nine-figure" judgment arising out of liabilities it assumed through the acquisition of another bank.
Ward and Smith, P.A.
When it comes to protecting your business, having the right insurance coverage is crucial, but how do you know what types of coverage you need?
Wilson Elser Moskowitz Edelman & Dicker LLP
If we are fortunate, we develop "special relationships" in our lives. But believe it or not, there are situations...
Willkie Farr & Gallagher
The National Association of Insurance Commissioners (the "NAIC") will hold its 2024 Spring National Meeting (the "Spring National Meeting") from March 15 to March 18, 2024.
Lowenstein Sandler
Directors and Officers (D&O) insurance is an important type of coverage, but it turns out there are several misconceptions about it. For one, D&O insurance is a bit...
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