- Can You Answer the FDIC’s Four Questions About Your Institution’s D&O Insurance?
- No One Can Serve Two Masters: The Washington Supreme Court Confirms That Insurer-Appointed Defense Counsel Owes Ethical Duties Solely to the Policyholder.
- Texas Supreme Court Reaffirms “All Sums” Approach and Finds Insurer Responsible for Costs Incurred Without Insurer’s Consent: Lennar Corporation v. Markel American Insurance Company
- Figuring Out the Insurance Exhaustion Rule in New York is Exhausting
- Absolute Pollution Exclusions Aren’t Always Absolute
Category Archives: First Party Property
Part 3: Coverage Issues under a Wrap Up Program Part 1 explained the nature of a unified wrap up insurance program for a construction project, and contrasted it with the more traditional approach to insuring project risks. Part 2 addressed … Continue reading
Part 2: The Pros and Cons of Insuring a Project under a Wrap Up Program Part 1 explained the nature of a unified wrap up insurance program for a construction project, and contrasted it with the traditional mechanism of having … Continue reading
Answering a lingering question that has dogged many first party claims in California, a California Court of Appeal has found that the “notice-prejudice rule” applies to a first-party proof of loss. Some first party insurance policies provide that upon … Continue reading
If your business suffers a flood, wind, or water-damage loss, the insurance claim process requires careful management. Based on our past experience with such losses, sometimes resulting in difficult litigation, we have identified the following tips and steps for … Continue reading
The recent outbreak of storms from the Great Lakes to the Gulf Coast resulting in a series of epic tornados serves as a reminder of how severe weather can disrupt lives and businesses. The damage that can be caused by … Continue reading
Business Interruption, Contingent Business Interruption And Counting Occurrences In Natural Disasters — The 72-Hour Clause
As a consequence of the disasters in Japan and Thailand in 2011, many companies are working through the process of presenting business (or contingent business) interruption claims due to supply chain disruption. Such losses also are called “time element losses.” … Continue reading