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The Recorder

Insurer Sues Geragos Law Firm Over COVID-19 Coverage Question

Travelers Casualty Insurance Co. of America has asked for a declaratory judgment that damages caused by the coronavirus pandemic fall under exclusions in two insurance policies purchased by the Geragos & Geragos law firm.
3 minute read

Texas Lawyer

Eight-Corners Rule and Extrinsic Evidence: Never … Sometimes … Maybe?

Most appellate courts and commentators consider the "eight-corners rule" a settled feature of Texas law. But is it really that settled?
6 minute read

New York Law Journal

COVID-19 Cybersecurity and Insurance Coverage

While COVID-19 has plagued the world with deaths and forced more than a billion people to stay at home, cyber criminals have not exited the scene. Instead, they are exploiting the vulnerabilities of people working at home and launching attacks on COVID-19-related medical facilities. In their Cyber Crime column, Peter Halprin and Jacquelyn Mohr demonstrate that policyholders have a path to insurance recovery under policies in addition to cyber insurance policies.
7 minute read

International Edition

Debevoise, Yulchon Advise on $1.9B Prudential Korea Sale

Korean bank KB Financial is taking over the U.S. insurance giant's 30-year-old Korean arm.
3 minute read

The Legal Intelligencer

Federal Judge Blocks Insurer's Request to Appeal Ruling Nixing 'Household Exclusion'

Allstate Fire & Casualty Insurance will have to wait to appeal a federal judge's ruling interpreting the Pennsylvania Supreme Court's 2019 decision in 'Gallagher v. Geico' as invalidating the "household vehicle exclusion," commonly used in motor vehicle policies. U.S. District Judge Wendy Beetlestone of the Eastern District of Pennsylvania said the case must proceed to the class certification phase before an appeal can be taken.
6 minute read

New Jersey Law Journal

Six States Consider Extending Business Interruption Coverage to Coronavirus Claims

New Jersey, New York and four other states consider legislation clarifying that business interruption coverage applies to COVID-19 claims.
6 minute read

New York Law Journal

Global M&A Insurance: Considerations for Cross-Border Transactions

As Representations and Warranties Insurance has become more of an industry norm in the United States, parties have increasingly sought to utilize U.S.-style RWI policies for cross-border transactions. There are, however, a number of differences between U.S. and international RWI coverage that all parties involved in a deal need to be mindful of from the start to help ensure a smooth transaction, which Howard B. Epstein, Theodore A. Keyes and Stavan Desai discuss in this edition of their Corporate Insurance column.
10 minute read

Daily Business Review

Coronavirus—Is It Legally an 'Act of God'?

During these uncertain times, the first place many will look to is the force majeure clause buried at the end of their contracts with other boilerplate provisions.
5 minute read

The Recorder

Adding R&W Insurance to the Toolkit for Tech Sector M&A

Competition to acquire privately-held startups continues to increase as cash-rich strategic acquirors from all sectors (including old-line industrial companies) and financial sponsors enshrine engagement in these transactions as a core part of their strategic plans.
7 minute read

Daily Business Review

Practical Business and Insurance Considerations for Hotels, Restaurants During COVID-19 Crisis

The effects of this new normal can, at a minimum, last weeks but most likely several months. However, the challenges presented as a result of this situation could easily affect people's livelihoods for years!
5 minute read

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