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nancyw
over 5 years ago
Legal Insights Blog
Thought Leadership
Business Interruption Insurance - What you need to tell your clients
by David Goodwin and Greg Rubio, Covington & Burling LLP This practice note discusses insurance coverage for times when business is interrupted because of property damage or loss. Scope of Coverage Because property insurance policies typically...
Sherica Celine
over 2 years ago
Legal Insights Blog
Practical Guidance
Bomb Cyclones, Hurricanes, and a Polar Plunge: A Practitioner's Guide to Storms and Insurance
Discover strategies for attorneys representing policyholders making claims against homeowners and commercial property insurers after the wild weather events of 2022, as well as best practices for attorneys defending insurers against these claims. Read...
Sherica Celine
over 2 years ago
Legal Insights Blog
Practical Guidance
State Appellate Courts Begin to Recognize (Finally) That Most Business Interruption Rulings Deviate from the Norm
As the momentum in COVID-19 business interruption litigation may be shifting toward policyholders, learn how to best navigate an evolving landscape in which state appellate court decisions are acknowledging pre-pandemic precedent holding that losses from...
Sherica Celine
over 2 years ago
Legal Insights Blog
Practical Guidance
Social Inflation 101: Impacts on the Insurance Industry
Get clarity on social inflation—the rise of excessive settlement values and jury verdicts and the broadening of defendants' and insurers' liability exposure due to factors outside the actual litigation. Read now » Related Content...
Sherica Celine
over 2 years ago
Legal Insights Blog
Practical Guidance
New Video! NAIC Data Protection & Cybersecurity Models and Principles for Insurers
Watch this video and learn about the many ways that the National Association of Insurance Commissioners addresses data protection and cybersecurity for insurers. Get some Christmas cookies with a cup of eggnog and press play! Watch now » Related...
Alyzza Austriaco
over 2 years ago
Capitol Journal
State Net
Major Insurance Reforms in FL & Insurance Protections for Hate Crime Victims in NY
FL Approves Major Property Insurance Reforms Florida lawmakers passed sweeping legislation aimed at ending the state’s years-long property insurance crisis. If signed by Gov. Ron DeSantis (R), the bill ( SB 2 c ), which sailed through both chambers...
Sherica Celine
over 2 years ago
Legal Insights Blog
Practical Guidance
Maniloff on Choice of Law for Coverage Disputes
Discover nuances that occur when claims and lawsuits do not arise in the same state where a policy was issued. This article includes visuals depicting the states’ various approaches to choice of law and how states use the 2nd Restatement in the...
Sherica Celine
over 2 years ago
Legal Insights Blog
Practical Guidance
Jigsaw Falling into Place: Essential Insurance Policy Components
Learn about the elements of all primary insurance policies, regardless of the risks they are designed to cover, and the intertwined process involved in creating those components. Read now » Related Content Policy Content and Other Form Requirements...
Alyzza Austriaco
over 2 years ago
Capitol Journal
State Net
Finance & Insurance Week: LA’s Insecure Insurance Market, FL’s Upcoming Insurance Special Session & More
Many LA Homeowners Insured by Small, Untested Carriers Before Hurricane Katrina struck Louisiana in 2005, most homeowners insured their properties with industry giants, like Allstate, Farmers, State Farm or USAA. But now many homeowners in the state...
Sherica Celine
over 2 years ago
Legal Insights Blog
Practical Guidance
Battling Insurers: Reinsurance Dispute Resolution
Learn about reinsurance disputes and their resolution, including similarities and differences between ADR processes, distinctions between ADR and litigation, and a comparison of preparation for and conduct pertaining to these options. Read now »...
Alyzza Austriaco
over 2 years ago
Capitol Journal
State Net
Finance & Insurance Week: Ubiquity of Natural Disasters & New Insurance Producer Requirements in CA
Most U.S. Counties Suffered Natural Disaster in Past Decade Between 2011 and 2021, 90 percent of counties in the United States suffered a hurricane, flood, wildfire, drought or other natural event severe enough to have been declared a federal disaster...
Sherica Celine
over 2 years ago
Legal Insights Blog
Practical Guidance
Insurance for Insurers: Reinsurance Fundamentals
Learn about the goals and functions of this specialized but vital area of insurance. Read Now » Related Content Reinsurance State Law Survey Review the regulatory law of reinsurance across the 50 states, the District of Columbia, Guam, Puerto...
Sherica Celine
over 2 years ago
Legal Insights Blog
Practical Guidance
Cannabis, ESG, and the C-Suite
Learn about the potential environmental, social, and corporate governance risks that could impact officers and directors in the cannabis business. READ NOW » Related Content Cannabis State Regulatory Agencies Gain a greater understanding...
Alyzza Austriaco
over 2 years ago
Capitol Journal
State Net
Finance & Insurance Week: Geico Class Action Suit, Another Study Faulting FEMA Flood Maps & More
Judge Green-Lights Geico Class Action Suit A federal judge gave the go-ahead for a lawsuit accusing Geico Corp. of overcharging over 2 million California policyholders for car insurance early in the coronavirus pandemic may proceed as a class action...
Sherica Celine
over 2 years ago
Legal Insights Blog
Practical Guidance
Let’s Make it Simple: Be Nice to the Regulators
Learn about what insurers and their attorneys should know about developing and managing a good relationship with insurance regulators, including actions that insurers should take and important considerations upon which an insurer must focus during the...
Sherica Celine
over 2 years ago
Legal Insights Blog
Practical Guidance
Risk! Is This What They Call the Abyss?
Discover the common mechanisms for risk allocation in commercial contracts, including indemnification, a limitation on liability, and insurance obligations. READ NOW » Related Content Indemnity and Other Risk Allocation Mechanisms in Commercial...
Alyzza Austriaco
over 2 years ago
Capitol Journal
State Net
Finance & Insurance Week: Proposed Climate Risk Reporting Rule for P/C Insurers, FL’s Hurricane-Resistant Building Codes & More
Feds Proposing Climate Risk Reporting Requirement for P/C Insurers The U.S. Treasury’s Federal Insurance Office (FIO) is proposing a new rule requiring property and casualty insurers to submit homeowners insurance underwriting data to assess climate...
Sherica Celine
over 2 years ago
Legal Insights Blog
Practical Guidance
Pardon Me, Please: Cannabis and the Federal Courts
Learn about the potential risks that practitioners in the cannabis industry should understand about litigating disputes in the federal courts, including recommendations on steps that may lessen the chances of a federal court invalidating cannabis contracts...
Sherica Celine
over 2 years ago
Legal Insights Blog
Practical Guidance
New Video: OFAC Violations and Insurance Entity Responses
Watch and learn about the issues insurance entities must consider when responding to an OFAC violation. Download a copy of the Trading with the Enemy Act to follow along, and enjoy the show . . . Watch Now » Related Content OFAC Violation...
Sherica Celine
over 2 years ago
Legal Insights Blog
Practical Guidance
New Video: OFAC's Impact on Insurance Entities
Watch and learn how the Office of Foreign Asset Control (OFAC) impacts the insurance industry. Grab a copy of the Specially Designated Nationals and Blocked Persons List (SDN) so you can follow along, and enjoy the show . . . WATCH NOW » Related...
Mary Anne Peck
over 2 years ago
Capitol Journal
State Net
Finance & Insurance Week: Big Fines for 16 Wall Street Banks, Costliness of Hurricane Ian & More
SEC, CFTC Fines for Wall Street Firms’ Record-Keeping Failures Reach $2B Last week, the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) fined 16 financial firms, including Bank of America, Citigroup, Goldman...
Sherica Celine
over 2 years ago
Legal Insights Blog
Practical Guidance
New Video: Impact of New York Insurance Laws and Regulations on Cybersecurity
Watch and learn about the regulation of data protection and cybersecurity for insurers in New York, and the many ways the New York Department of Financial Services (DFS) approach impacts developments in other jurisdictions. Grab the buttered popcorn and...
Sherica Celine
over 2 years ago
Practical Guidance Journal
pa
Insurance Issues after Dobbs: Health Insurers and Health Insurance
By: The Lexis Practical Guidance Attorney Team This article discusses the impacts that are anticipated on health insurance and health insurers as a result of the Supreme Court decision in Dobbs v. Jackson Women’s Health Org. 1 THAT CASE USED...
Sherica Celine
over 2 years ago
Practical Guidance Journal
pa
Insurance Issues after Dobbs: Fundamental Considerations
By: The Lexis Practical Guidance Attorney Team This article is part of a series discussing the United States Supreme Court decision that reversed Roe v. Wade , 1 and its significant impacts on insurance. THE REVERSAL OF ROE —OFTEN CITED AS THE...
Sherica Celine
over 2 years ago
Legal Insights Blog
Practical Guidance
Parametric Insurance: Coverage for Rare Events and Extreme Losses
Learn about this new class of evolving index-based insurance products that pay out claims based on a predetermined index, such as rainfall levels or wind speeds. Read Now » Related Content Climate-Related Risk and ESG Considerations for...
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