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Insurance Law
Coverage that focuses on both the legal risks facing insurance companies, as well as how companies are using insurance to hedge risk. We cover health insurance and cyber insurance frequently.
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DWF Buys Australian Claims Management Business
By Christopher Niesche | June 28, 2024
The purchase nearly doubles DWF's Australian workforce.
2 minute read
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Corporatizing Law: How This Law Firm Leader Plans to Build a Big Legal Business
By Christopher Niesche | June 25, 2024
Thomson Geer's Adrian Tembel says high-volume legal work in Australia will become corporatized.
5 minute read
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13-Strong Clyde & Co Madrid Team Exits for Kennedys
By Jack Womack | May 20, 2024
The 3-partner-led team departure is the latest in a series of insurance exits from Clyde & Co over recent months.
2 minute read
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Lloyd's of London Appoints First New GC in 27 Years
By Jack Womack | February 19, 2024
It is the latest in a handful of recent changes at large corporate legal departments in London.
2 minute read
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London-Based Insurance Law Firm Kennedys Opens 10th US Office in Fort Lauderdale
By Alexander Lugo | January 26, 2024
"Incidents of marine and yacht and cargo issues have continued to rise," said managing partner Kristen Perkins, who is relocating from Miami with two associates and one special counsel.
3 minute read
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Clyde & Co's Australian Managing Partner Departs for Kennedys
By Christopher Niesche | November 29, 2023
Lucinda Lyons had been in the job for just a year.
3 minute read
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Norton Rose Continues South Africa Hiring Campaign With New Clyde & Co Partner
By Jennigay Coetzer | November 6, 2023
NRFSA's strategy is to ensure the firm has a bank of senior but younger lawyers to enable it to service clients for decades to come, says CEO.
2 minute read
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Reed Smith Advises Red Cross on Disaster Relief Back-Stop
By Charlotte Johnstone | September 7, 2023
The insurance and reinsurance facility will act as a back-stop in the event that the Disaster Relief Emergency Fund runs out.
2 minute read
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Kennedys Hires in General Counsel as a Partner in Chile
By Amy Guthrie | September 4, 2023
The UK Top 50 firm has six offices in Latin America, as well as a regional hub in Miami that serves the region and associations in other countries.
2 minute read
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Former Insurance Company In-House Counsel to Lead BLG's Insurance Team
By Gail J. Cohen | August 3, 2023
Partner Rick Da Costa joins the firm's financial services group in Toronto.
2 minute read
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'Intent of Deceiving': Fed. Judge Voids $1.14M Insurance Claim That Was Based on 'Illusory Estimate,' Orders Plaintiffs to Pay Back $300K
By Allison Dunn | July 8, 2024
"Critically, when asked for their 'proof' of that figure, the Pittsfield entities claimed that they 'have a proposal from a contractor that says it,'" wrote U.S. District Judge Nancy L. Maldonado of the Northern District of Illinois.
5 minute read
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New York's Highest Court Weighs in on COVID-Related Commercial Property Insurance Claims
By Howard B. Epstein and Theodore A. Keyes | June 26, 2024
Many businesses have sought to recover their pandemic losses under commercial property insurance policies, only to be denied coverage. A significant number of policyholders have filed lawsuits challenging these disclaimers. But to the dismay of the insureds, a growing majority of high state courts have sided with the insurers in these disputes.
9 minute read
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New York Courts Support Bad Faith Claims Where Insurance Companies Unreasonably Delay and Deny Claims
By Cort T. Malone and Kathleen Gatti | June 26, 2024
Anderson Kill's Cort Malone and Kathleen Gatti spotlight a May 29 ruling from the Northern District of New York allowing a bad faith claim against an insurer to go forward, reaffirming policyholders' right to seek consequential damages when insurance companies unreasonably delay or deny claims.
7 minute read
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Post-EUO Verification Requests
By David M. Barshay and Steven J. Neuwirth | June 24, 2024
A no-fault insurer is entitled to request from an applicant any additional verification it deems necessary to process the claimant's claim. "The insurer is entitled to receive all items necessary to verify the claim directly from the parties from whom such verification was requested.
13 minute read
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Keker Lawyers Secure Win for Sutter Health After Seven-Week Alameda Trial
By Kat Black | June 21, 2024
The plaintiffs sought more than $500 million from Sutter Health over allegations of insurance fraud, which Judge Stephen D. Kaus rejected.
3 minute read
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Reports of Stabilization in Property Insurance Due to Tort Reform May Be Premature
By Susan Odess and Andrew Miller | June 18, 2024
On May 21, the Florida Office of Insurance Regulation (OIR) published its May 2024 Florida Property Insurance Market Update, claiming "overall market…
7 minute read
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Federal Judge Clears Path for Policyholder's Class Action Against USAA for $7M Interest on Improperly Retained Late Fees
By Riley Brennan | June 14, 2024
U.S. District Judge Peter J. Messitte of the District of Maryland ruled the plaintiff pleaded facts clearly to suggest USAA "knew full well that they had the use of the late fees," and "they understood the time-value of the fees" and their interest-bearing potential, according to a June 11 opinion.
5 minute read
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Minimizing Tax Cost in Shutting Down a Captive Insurance Company
By Mark L. Lubin | June 6, 2024
With careful planning, substantial tax liability can often be avoided in making a former captive's assets available to meet future business needs of related entities.
7 minute read
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Don't Be Blindsided: The 101 About Your Insurance and How To Productively Pursue Claims
By Jared Zola | June 6, 2024
A discussion of the basic 411 on what types of events commercial insurance may cover and how to go about productively pursuing an insurance recovery when disaster strikes—even if your insurance company says "no."
7 minute read
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Second Circuit's 'Pine' Decision Clarifies When Policyholders Must Report Notices of Alleged Misconduct to Insurers
By Evan W. Bolla | May 24, 2024
The Second Circuit's recent decision in 'Pine Management v. Colony Insurance Company' underscores the critical importance of providing notice to insurance carriers of possible claims, even when a specific demand is absent.
8 minute read
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