LexisNexis® Legal Newsroom
"Shaved-Limits" Endorsements

The Feb. 1 issue of the Business Insurance publication contains an article on the "shaved-limits" endorsement. It contains, in my opinion, a rewriting of history, attributing an increase in early settlements of D&O coverage disputes to recent use of a "shaved-limits" endorsement...

Insurance Enhancement Ideas

Peter Gillon, Partner, Pillsbury Winthrop Shaw Pittman LLP As the current soft market conditions in property and casualty insurance seems to continue unabated, there are things businesses may be able to do, in addition to seeking premium reductions. Here are a few examples: Increase limits and...

Surge of Securities Litigation Against U.S.-Listed Chinese Companies Raises Critical D&O Insurance Issues

By Kevin M. LaCroix, Esq., Executive Vice President, OakBridge Insurance Services and Peter M. Gillon, Partner, Pillsbury Winthrop Shaw Pittman LLP One of the most distinctive U.S. litigation trends over the last twelve months has been the surge of securities class action lawsuits filed against...

Surge Of Securities Litigation Against U.S.-Listed Chinese Companies One Of The Most Distinctive U.S. Litigation Trends

By Kevin M. LaCroix, Esq., Executive Vice President, OakBridge Insurance Services and Peter M. Gillon, Partner, Pillsbury Winthrop Shaw Pittman LLP One of the most distinctive U.S. litigation trends over the last twelve months has been the surge of securities class action lawsuits filed against U...

BUILDERS RISK INSURANCE - New Appleman on Insurance Law Library Edition, Chapter 50

By James P. Bobotek Chapter 50 provides an examination of builders risk insurance. A builders risk policy is a form of property insurance that covers the interest of owners, contractors, subcontractors, and others involved in a construction project. It insures them against the risks of property damage...

Public Companies Must Disclose Cyber-Liability Risks

By Rene Siemens and David Beck , Attorneys, Pillsbury Winthrop Shaw Pittman LLP If you thought you did not need cyber insurance before, Uncle Sam may cause you to think otherwise. On October 13, 2011, the Securities and Exchange Commission ("SEC") Division of Corporation Finance issued...

California Appellate Court Upholds Trial Court’s Dismissal of a Coverage Claim for an Alleged Advertising Injury

By Kimberly L. Buffington , Partner, Pillsbury Winthrop Shaw Pittman LLP In Oglio Entertainment Group, Inc. v. Hartford Casualty Insurance Company , 200 Cal. App. 4th 573 (2011), the California Court of Appeal concluded that an entertainment company's insurance policy covering "personal...

Pillsbury Winthrop: Parties' Choice of Seat of Arbitration Key Factor in Choice of Law Decision

By Laura Thomson , Pillsbury Winthrop Shaw Pittman English Court of Appeal dismisses appeal, upholding injunction of coverage dispute in Brazilian courts because arbitration clause specifying London as the seat of arbitration trumps the policy's controlling law provision. The English Court...

Pillsbury Winthrop: Ninth Circuit Reaffirms that Insurers May be Obligated to Initiate Settlement Discussions Under California Law

By Brian Martin and Nathaniel Smith , Pillsbury Winthrop Shaw Pittman LLP Insurers frequently disclaim any duty to participate in settling a third party claim against their insureds unless and until the third party claimant makes a settlement demand for a specific amount. The Ninth Circuit Court...

Siemens and Beck on Obtaining Optimal Cyber Insurance

By Rene Siemens and David Beck , Attorneys, Pillsbury Winthrop Shaw Pittman LLP This commentary observes that the rising threat of cyber attacks and data breaches as well as the proliferation of data security and privacy laws have made it more important than ever for organizations that handle sensitive...

Siemens and Beck on Obtaining Optimal Cyber Insurance

By Rene Siemens and David Beck , Attorneys, Pillsbury Winthrop Shaw Pittman LLP This commentary observes that the rising threat of cyber attacks and data breaches as well as the proliferation of data security and privacy laws have made it more important than ever for organizations that handle sensitive...

How to Negotiate Cyber Insurance

By Rene Siemens and David Beck , Attorneys, Pillsbury Winthrop Shaw Pittman LLP This article previously appeared in Risk Management magazine. Exposure to network and data security breaches has grown exponentially in recent years and the market for insurance tailored to cover this risk has...