Walter Andrews Andrea Defield

September 30, 2022 | Daily Business Review

In 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

In 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 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