Theft of Money is not "Loss of Use" Under a Commercial General Liability Policy

By Andrew B. Downs & Dan Liu , Bullivant Houser Bailey PC FREE CASE DOWNLOAD: Advanced Network, Inc. v. Peerless Ins. Co. Last week, the California Court of Appeal reaffirmed the rule that the theft of money is not "loss of use" of that property for purposes of the property damage coverage...

Insuring Your Business – Food Recall Claims l Insurance Coverage for Food Claims: Communicating with Your Insurance Company

Is That Covered? Food Recall Claims By Michael R. Kelley Insurance Premiums represent the third or fourth highest business expenses for most food manufacturers and distributors. But, even with all of those premium expenses, many food producers and distributors find that their food recall claims...

Supreme Court To Insurers: SIR You Listening? Examine Your Self-Insured Retention Provisions

It is natural for insurers to look at coverage decisions and consider whether they call for any changes to their own policies. But, as a practical matter, only some decisions (or trends of decisions) can serve as a catalyst for amendments to policy language. Insurers that issue policies with a self...