LexisNexis® Legal Newsroom
The Truth About “Tendering” a Claim

By John Green, Partner, Farella Braun + Martel LLP Policyholders and insurers frequently speak of "tendering" a claim. Insurers in particular speak as if "tendering a claim" is some sort of magical incantation that must be stated in exactly the right words in order to be effective...

Goldgerg Segalla’s Professional Liability Monthly – October, 2010

IN THIS MONTH'S EDITION: Subjective Statements of Underwriter Insufficient in Rescission Action Policyholder Under Medical Malpractice Policy Defeats Rescission Claim - Loses Coverage Under Exclusion States Can Proceed With Challenge to Healthcare Bill Six Women File Suit Against Citigroup...

Massachusetts Court Holds No Coverage for Withheld Employee Tips

Brian Margolies, Partner, Traub Lieberman Straus & Shrewsberry LLP In its recent decision in Berkshire-Cranwell Limited Partnership v. Tokio Marine & Nichido Fire Ins. Co., 2012 U.S. Dist. LEXIS 93635 (D. Mass. July 6, 2012) , the United States District Court for the District of Massachusetts...

Duties of the Cedent – New Appleman on Insurance Law Library Edition, Chapter 73

By Robert Tomilson, Benjamin Blume, and Daisy Khambatta, Members, Cozen O'Connor It might be said that while a reinsurer has only one duty, to pay covered claims, a cedent's duties are manifold. The cedent, usually without the consent or participation of the reinsurer, underwrites the risk...

D&O Insurance: Bank Directors' Notice of FDIC Failed Bank Suit Held Timely

By Kevin M. LaCroix, Esq., Executive Vice President, OakBridge Insurance Services On February 5, 2013, in a detailed opinion exploring the nuances of a D&O policy's extended reporting period provisions, Western District of North Carolina Judge Henry Herlong Jr. determined that the directors...