The North Carolina Court of Appeals has held that there is no coverage for a claim the insured knew about in July 2019 but failed to report to the insurer until November 2020...
Today on "Terra Firma: Conversations on Commercial Real Estate," Stephen Tanico and Stacey C. Tyler discuss one of the most important due diligence tools for real property: title insurance.
Non-financial misconduct has been in focus at the FCA for several years across all firms it regulates, in particular in banking and fund management.
The United States District Court for the Central District of California, applying California law, has held that an underlying pleading sufficiently alleged...
Matson Driscoll & Damico
In normal conditions in the Pacific Ocean, the trade winds blow westerly along the equator, bringing warm water from around South America towards Asia.
Ankura Consulting Group LLC
In an environment with persistent supply chain disruptions, price escalations, cyber-attacks, and natural disasters, businesses are facing risks that are more difficult to avoid.
Eric Jesse of Lowenstein Sandler's Insurance Recovery Group discusses the current state of the property insurance market, and offers three tips on how companies can make their commercial...
The South Dakota Division of Insurance ("Division") recently took regulatory action against a Texas-based Third Party Administrator ("TPA") regarding its activities in South Dakota.
Jenner & Block
As businesses have increasingly recognized the importance of obtaining insurance coverage specific to cyber incidents, so too have insurers increasingly recognized the risks inherent...
In the 96 years since Zeig, excess insurers have sought to erode this rule by inserting various "condition precedent" provisions into their policies.
Barnes & Thornburg
With a new year lands a new court decision to consider as companies grapple with losses resulting from a computer system failure under a cyber insurance policy.
Frankfurt Kurnit Klein & Selz
On January 17, 2024, the New York Department of Financial Services published a letter containing proposed guidance regarding the use of artificial intelligence systems and external consumer data and information sources ...
The insured sought insurance coverage for defense costs and settlement of a putative class action under a tower of directors and officers liability insurance.
In this episode of Terra Firma: Conversations on Commercial Real Estate, hosts Stacey Tyler and Stephen Tanico of Lowenstein Sandler's Real Estate practice...
In a win for Wiley's client, the California Court of Appeal, applying California law, affirmed the grant of an insurance tower's motion for summary judgment...
Wilson Elser Moskowitz Edelman & Dicker LLP
Karen L. Bashor (Partner-Las Vegas, NV) and Taylor Buono (Associate-Las Vegas, NV) collaborated with retired Wilson Elser partner Stratton Horres to produce "In Pursuit of Adventure,"...
Lewis Brisbois Bisgaard & Smith LLP
(January 2024) - In City of Whittier v. Everest National Ins. Co., 97 Cal.App.5th 895 (December 6, 2023), the California Second District Court of Appeal reversed...
Greenberg Traurig, LLP
On Jan. 19, 2024, the Federal Deposit Insurance Corporation (FDIC) issued letters demanding five entities and certain associated parties cease and desist from making false and misleading statements about FDIC deposit insurance.
Even when an insurer agrees to cover an insurance claim, disputes often arise between the insurer and the insured as to the valuation of the loss...
Lewis Brisbois Bisgaard & Smith LLP
In San Jose Sharks, LLC v. Superior Court, 98 Cal.App.5th 158 (December 21, 2023), the California Sixth District Court of Appeal found that the San Jose Sharks, LLC's...