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New York Law Journal

Mandatory Mediation of Riot-Related Insurance Claims

Mandatory mediation is now the law in New York modeled on the Super-Storm Sandy prototype . Will it achieve the same success as past mass disaster mandatory mediation programs?
10 minute read

New Jersey Law Journal

Reverse-Mortgage Borrowers Foreclosed From Class Suit on Insurance Fees, Circuit Says

The ruling effectively shuts down present and future court challenges to insurance rates if they were filed with the appropriate regulatory agency.
4 minute read

Daily Business Review

Riot-Related Damage, Income Losses Covered Under Most Business Owners' Policies

Prior to the riots in Minneapolis, Minnesota, the costliest U.S. civil disorder occurred between April 29 and May 4, 1992, after police officers involved in the brutal beating of Rodney King were acquitted. The five days of rioting caused $775 million in insured losses.
8 minute read

Texas Lawyer

Lawsuits Mounting: Attorneys, Landlord Sue Insurance Company for Business Losses Amid COVID-19 Lockdowns

A Houston law firm has joined a growing group of business owners who are suing their insurance companies for refusing COVID-19 business-loss claims.
5 minute read

Daily Business Review

One Year Later … The Climate of AOB After HB 7065

The bill requires that certain language be included in the assignment of benefits contract, provides timeframes to submit documents, and requires various conditions be met for an AOB claim to be compliant. These new requirements heavily impact whether an AOB company will be paid for its work.
5 minute read

International Edition

Conflict Fears Raised Over HSF Role on FCA COVID-19 Review

An advisory firm has called on HSF to disclose its insurance and broker clients given its advisory role for the UK regulator.
3 minute read

International Edition

'A Whole New Type of Stressor': Two Junior UK Lawyers On Navigating Their Careers in Lockdown

In the latest is our Legal Life in Lockdown series, junior lawyers espouse the importance of exercise and discuss their experiences with online courts.
5 minute read

The Recorder

Potential Insurance Coverage for Looted Cannabis Dispensaries in California and Beyond

Despite the historic difficulties faced by legal cannabis businesses in obtaining insurance—due to, among other factors, the reticence of insurers to underwrite the risk, and the industry's lack of access to credit and other financial institutions—the situation has improved in recent years.
6 minute read

New York Law Journal

Southern District Denies Insured's Request for Preliminary Injunction Seeking Payment of COVID-19 Related Loss

The central issue in dispute in the vast majority of these business-interruption loss cases is whether or not the insured can demonstrate that the loss resulted from physical loss or damage to property.
9 minute read

International Edition

Five Firms Win Spots On New Zurich EMEA Panel

The Swiss-based insurance group has appointed a quintet of firms to a new panel, focused on large and complex claims across the EMEA region.
2 minute read

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Legal Speak is a weekly podcast that makes sense of what’s happening in the legal industry.

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