Insurance Law

Hammonds to advise England cricket team's new sponsor

By Legal Week | September 1, 2009

Hammonds has won a role advising Brit Insurance as it takes over from Vodafone as the new team sponsor of England cricket. The national law firm advised the insurer, a new client, on its four-year sponsorship mandate from the England and Wales Cricket Board.

1 minute read

Legal Week professional indemnity Q&A, in association with Travelers

By Legal Week | August 12, 2009

Negligence claims against law firms are increasing, so solicitors must anticipate greater scrutiny from insurers as they seek to renew their professional indemnity cover this October, says Jonathan Davies, assistant general manager of professional risks at Travelers Insurance.

1 minute read

Insurance specialists buck the trend to climb the table

By Legal Week | July 30, 2009

Firms in the insurance sector have bucked the downturn in the global economy to put in a strong performance in 2008-09. Insurance specialists Kennedys and Berrymans Lace Mawer have joined the top 50 after both reported revenue increases of more than 20%. Together with fellow insurance firms Holman Fenwick Willan, Barlow Lyde & Gilbert and Clyde & Co, the group significantly outperformed the top 50 as a whole.

1 minute read

Professional negligence

By Legal Week | July 23, 2009

PYV Legal, Camerons and Hailsham Chambers assess the increasingly risky outlook for professional negligence.

1 minute read

Professional negligence: 'Tis the season…

By Legal Week | July 23, 2009

The 2008 professional indemnity insurance (PII) renewal season came as a surprise for many legal firms. It was the first year for some time that premium rates went up. PII protects the insured and its clients against the cost of defending claims or paying damages if errors or omissions are made by the practice. Despite forecasts in previous years that cover would become more expensive, competition had continued to push rates down to unprofitable levels and solicitors became accustomed to paying ever-decreasing prices.

1 minute read

Professional negligence: Ahead of the game

By Legal Week | July 23, 2009

With the severity of the recession beginning to bite across the profession, law firms and their insurers are naturally concerned about the claims and losses that may be coming their way. This article looks at one of the areas under scrutiny: pensions.

1 minute read

Professional negligence: The quiet revolution

By Legal Week | July 23, 2009

Quietly changing third-party funding regulations have left a series of pitfalls for unwary solicitors. Jamie Carpenter reportsA quiet revolution has taken place in the law relating to third-party funding. Not so long ago, the idea of a party financing a claim in which it had no interest in return for a share of the proceeds would have been met with a cry of 'champerty', but under the banner of 'access to justice' parliament and the courts have, in recent years, opened the doors to forms of litigation funding which would have been unthinkable a generation ago.

1 minute read

John Rowland QC: What lies ahead for insurers who fail or refuse to pay a valid claim?

By Legal Week | July 23, 2009

Insurers and insurance lawyers will be familiar with the existing line of case law (beginning with The Italia Express) that establishes at Court of Appeal level (see Sprung v Royal Insurance) that, under English law, an insured is not entitled to recover as damages any consequential losses flowing from an insurer's failure or refusal to pay a valid claim. Currently, the only remedy for late (or non-) payment of the indemnity is the discretionary award of interest.

1 minute read

Former Burges Salmon head Stobart joins Kennedys as chief exec

By Legal Week | July 17, 2009

Burges Salmon's former managing partner Guy Stobart has joined Kennedys as chief executive. Stobart, who is set to join the insurance firm in September, will replace Ric Martin in the role. Martin will take up a new management position for the firm's Asian and Australasian offices.

1 minute read

The Judge goes east in Lockton tie-up

By Legal Week | July 16, 2009

Specialist after-the-event insurance broker The Judge has set up in Asia after entering into a partnership with international broker Lockton. The tie-up with one of the world's largest privately-owned brokers means The Judge will offer litigation insurance in Hong Kong and Singapore.

1 minute read

Connecticut Law Tribune

Judge Tosses COVID-19 Business Loss Putative Class Action Against Insurer

By P.J. D'Annunzio | November 9, 2021

U.S. District Judge Kari Dooley of the District of Connecticut rejected plaintiff One40 Beauty Lounge's argument that the virus exclusion to its insurance policy with defendant Sentinel Insurance Co. was ambiguous.

2 minute read

New York Law Journal

Paying Permanent Partial Disability Benefits to the Recently Deceased? The Implications of 'Green' on New York Workers' Compensation Law

By Cory A. DeCresenza | November 5, 2021

In 'Matter of Green v. Dutchess County BOCES', the Third Department expanded workers' compensation carriers' liability to payments not just for posthumous SLUs, but also for permanent partial disability benefits to a claimant's estate, even where the claimant passes during the PPD period as a result of unrelated causes.

6 minute read

The Legal Intelligencer

Attention Non-Personal Injury Lawyers: Go Look at Your Own Car Insurance Now!

By Joseph Chapman | November 5, 2021

After being an insurance agent for about a decade and then a plaintiffs personal injury attorney for even longer, I am convinced underinsured motorists-bodily injury (UIM as insurance insiders call it) is the most important coverage on your car insurance policy.

7 minute read

New York Law Journal

COVID-19 and the Explosive Rise of Unemployment Insurance Fraud

By Evan H. Krinick and Michael A. Sirignano | November 4, 2021

At around one year into the COVID-19 pandemic, the Justice Department had publicly charged close to 500 defendants with criminal offenses based on fraud schemes connected to the pandemic involving attempts to obtain over $569 million from the U.S. government and others. Even now, criminal prosecutions have continued at a seemingly accelerating pace—including throughout New York. Evan H. Krinick and Michael A. Sirignano explore exemplary cases in this edition of their Insurance Fraud column.

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The Legal Intelligencer

Protecting Your Insurance Rights When Your Insurance Company Becomes Insolvent

By Timothy P. Law and Christopher D. Molony | November 4, 2021

Bedivere holds the historic environmental and asbestos liability insurance obligations of numerous other insurance companies, primarily OneBeacon and Commercial Union. Policyholders have until Dec. 31, to file proof of claim forms in the Bedivere liquidation. Failure to comply with deadline could prevent recovery.

7 minute read

Law.com

Insurer Emerges Victorious From Nation's First COVID-19 Business Interruption Jury Trial

By Allison Dunn | November 1, 2021

The Cincinnati Insurance Co. Inc., does not have to pay a Kansas City restaurant management group that was forced to close at least nine restaurants as a result of coronavirus stay-at-home orders, a jury decided last week in a Missouri federal court.

2 minute read

Daily Business Review

'Dodge v. People's Trust Insurance' and Its Effect on Coverage of Cast Iron Pipes Claims

By Carolin A. Pacheco | November 1, 2021

On June 2, the Fourth District Court of Appeal rendered a decision in Dodge v. People's Trust Insurance, 46 Fla. L. Weekly D1286 (Fla. 4th DCA June 2, 2021) concerning coverage related to the failure of cast iron pipes in a breach of contract action.

7 minute read

New York Law Journal

Insuring the New Green Order: ESG and Its Increasing Impact on the Insurance Industry

By Andrew Otis and Brittany Batts | November 1, 2021

The insurance industry has been a key part of the ESG movement and will be a focus of ESG regulation going forward.

7 minute read

The Legal Intelligencer

Superior Court Ruling Invalidates 'Regular Use' Exclusion in UM/UIM Policies

By P.J. D'Annunzio | October 27, 2021

Counsel for the plaintiff said the decision was a win for accident victims and a blow to insurers, who "have been getting a free ride all these years."

3 minute read

Daily Business Review

Claims Denials and Underpayments—What's Impacting Your Health Care Clients' Bottom Line?

By Lindsay Lowe | October 26, 2021

It is commonplace to believe that enrolling in a health insurance plan allows you to visit your provider for the health care goods and services necessary to treat your condition, and in turn, the provider will receive payment for the services you received. This is not always the case.

5 minute read