September 30, 2022 | Daily Business Review
11th Circuit Rescinds Prior Restriction on Excess Judgments for Bad Faith ClaimsIn a recent string of opinions, the U.S. Court of Appeals for the Eleventh Circuit has corrected and clarified the requirements for a bad faith claim under Florida law, concluding in a decision in favor of policyholders that establishes that a consensual settlement and acceptance of a proposal for settlement qualify as "excess judgments," satisfying the causation requirement for bad faith claims.
By Walter Andrews, Andrea DeField, Veronica Adams and Alice Weeks
5 minute read
September 16, 2022 | Daily Business Review
Eleventh Circuit Rescinds Prior Restriction on Excess Judgments for Bad Faith ClaimsIn McNamara, the court held that a final judgment that exceeds all available liability policy limits, whether such judgment results from a jury verdict or a consensual settlement, constitutes an "excess judgment" that can be used to satisfy the causation requirement of an insurer bad faith claim in Florida.
By Walter Andrews, Andrea DeField, Veronica Adams and Alice Weeks
5 minute read
January 17, 2022 | Daily Business Review
Cyberattacks Lead to Increased Scrutiny: How Can Companies Stay Ahead of the Curve?Cyberattacks are an unavoidable business risk. A recent U.S. Treasury Department report observed that through June 30, 2021, the total value of suspicious activity associated with ransomware transactions in 2021 was $590 million, exceeding the total value reported for all of 2020.
By Walter Andrews, Andrea DeField and Sima Kazmir
6 minute read
August 06, 2019 | Daily Business Review
Eroding Insurance Policies: As Time Passes, Policyholders Lose OutAs litigators for all sides continue to zealously advocate on behalf of their clients and time passes, the amount of insurance available to those who were affected by the horrifying incident—the FIU-Sweetwater University pedestrian bridge collapsed—will dwindle due to eroding insurance policies.
By Walter Andrews and David Hentschel
7 minute read
December 22, 2017 | Daily Business Review
After Irma: Is Your Business Entitled to Insurance Coverage for Additional Lost Profits?The stoplights have been repaired and the debris has been cleared, but many local businesses are still feeling the effects of Hurricane Irma, especially in the hospitality industry, due to continued rebuilding efforts, the public perception that South Florida is not ready for visitors again and the loss of other tourist attractions that draw visitors to South Florida.
By Walter Andrews and Katherine Miller
4 minute read
December 08, 1999 | Law.com
The Cost of Y2K RemediationTo date, the most significant Year 2000 insurance coverage disputes have focused on a rather arcane provision-the "sue and labor" clause.
By Walter Andrews, Guest Columnist
8 minute read
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