Homeowners’ Defense Act Approved by House Committee

On April 27, 2010, the Homeowners' Defense Act of 2009, H.R. 2555 (the "Act") was passed by the House of Representatives' Financial Services Committee by a vote of 39-26, and will head to the House floor for a full vote, although no date has yet been set. As we reported here , Representative...

National Disasters Implicate Property and Casualty Claims

By Robert Hille, Partner, Kalison, McBride, Jackson & Murphy, P.A. The World Trade Center attack, Hurricane Katrina and now the BP oil spill – three national disasters implicating coverage under several types of property and casualty policies, but with varying results depending on which...

Insurance Coverage Issues for Third-Party Businesses and Municipalities with Losses Due to the Oil Rig Explosion in the Gulf of Mexico

By Selena Linde, Partner, Perkins Coie LLP An explosion at the Deepwater Horizon drilling platform in the Gulf of Mexico on April 20, 2010 left eleven workers dead. Each day since the explosion occurred, approximately 210,000 gallons of oil have spilled into the Gulf of Mexico. The oil already...

Earthquakes, Floods, and Disasters Near and Far: Policyholders Should Look For Cover In The Coverage

By Sherilyn Pastor, Ira Gottlieb, and Nicholas M. Insua, Attorneys, McCarter & English, LLP The recent devastating and tragic earthquake in Japan and flooding in the northeastern United States should serve to remind businesses of the ever-present need to consider their insurance policies as a...

Earthquake/Tsunami Resource Center – Insurance Experts Speak Out on Business Interruption Claims and Other Key Issues

After March 11 earthquake and tsunami in Japan, U.S. businesses with Japanese operations, suppliers or customers have assuredly taken a close look at the business interruption language in their property policies. To remain up-to-date on the coverage issues raised by these catastrophic events, we invite...

Property and Casualty Insurance Industry: A Mixed Picture of Present and Future Conditions

Robert P. Hartwig, President, Insurance Information Institute, in a report entitled "Out of the Abyss: Growth, Challenges and Opportunities in the Post-Crisis World," at NCCI's annual issues symposium on May 5, 2011, presented a mixed picture of present and future conditions of the property...

Insurance Implications in the Wake of Hurricane Irene

After Hurricane Irene, individuals and businesses will face property losses and interruption of business and will look to insurers for coverage of these multi-faceted losses. To remain up-to-date on the coverage issues raised by Hurricane Irene and similar natural events, we invite our Community to access...

LexisNexis Offers Insurance Resources in the Wake of Hurricane Irene

After Hurricane Irene, individuals and businesses will face property losses and interruption of business and will look to insurers for coverage of these multi-faceted losses. To remain up-to-date on the coverage issues raised by Hurricane Irene and similar natural events, we invite our Community...

Highlights of the Fall 2011 Issue of New Appleman on Insurance: Current Critical Issues in Insurance Law

The Fall 2011 issue of the New Appleman on Insurance; Current Critical Issues in Insurance Law quarterly features three articles on the cutting edge of insurance law: • On the Cusp of Change: the Intersection of Social Media and Insurance • An Overview of Seven State-Sponsored Property...

East Asia-Pacific Children Highly Vulnerable to Climate Change Impacts

The UNICEF report, Children's Vulnerabilities of Climate Change and Disaster Impacts in East Asia and the Pacific , supported by Reed Elsevier, highlights that children are likely to be among those most affected by climate change. Millions of children across East Asia and the Pacific already...

FREE Business Interruption Insurance White Paper

Obtain your FREE Business Interruption Insurance White Paper, Business Interruption Coverage: Trends, Challenges & Solutions . The 2011 earthquakes and tsunami in Japan, twister outbreaks in the United States, Hurricane Irene,...