NEXT
Sign in to follow

New York Law Journal

Interest and Excess Verdicts

The question of when interest begins to run in a case where the jury has rendered a verdict in excess of the available policies of insurance is a complicated one.
7 minute read

New Jersey Law Journal

Courts Reaffirm Pro-Policyholder Insurance Principles in 2019

Fundamental rules of New Jersey insurance law construction should be at the heart of every insurance coverage case, as demonstrated by the four leading cases construing New Jersey insurance law in 2019.
7 minute read

International Edition

DAC Beachcroft Gains 20-Lawyer Madrid Team

The firm has continued its recent Spanish growth with a combination with a local firm.
2 minute read

International Edition

UK Top 50 Law Firm Acquired By Insurance Specialist

Osborne Clarke advised on the acquisition.
2 minute read

New York Law Journal

Waiver of the Right To Stay Arbitration by 'Participation in Arbitration'

Failure timely to seek a stay of arbitration is not the only way that an insurer may waive the right to have arbitration stayed while the court determines preliminary issues. In his Insurance Law column, Jonathan A. Dachs discusses how the right may also be waived by actively participating in the arbitration.
13 minute read

Daily Business Review

Workers' Compensation Premium Rates Continue to Decrease

For a fourth consecutive year, Florida Insurance Commissioner David Altmaier issued a final order granting approval of a statewide overall decrease of 7.5% for Florida workers' compensation insurance rates, as recommended by the National Council on Compensation Insurance (NCCI).
5 minute read

New York Law Journal

California Supreme Court Dubs Notice-Prejudice Rule a Fundamental Public Policy of the State

The California Supreme Court recently issued a highly anticipated opinion that answered two questions certified from the Ninth Circuit as a matter of first impression regarding California's notice-prejudice rule. This article will analyze the court's answers to these questions, discuss the potential impact of the court's decision on the insurance industry at large, and offer guidance to underwriters, claims handlers, and coverage counsel in the wake of this decision.
8 minute read

New York Law Journal

Flood And Terrorism Insurance Reauthorization: Safe For Now

In their Real Estate Financing column, Jeffrey Steiner and Scott Weinberg discuss the passage of the Appropriations Act as an important measure in ensuring that insurance coverages remain available to property owners/borrowers at premiums that they can afford is of utmost importance to the stability of real estate markets, including the lending markets, and the economy at large.
6 minute read

National Law Journal

Justices Won't Confront, for Now, Scope of Excessive Fines Clause

Colorado's lawyers argued the U.S. Constitution's excessive fines provision applies to individuals, not corporations. "Corporations, of course, do not have liberty rights and cannot be imprisoned for failing to pay a fine," the state's solicitor, Eric Olson, told the justices.
5 minute read

Daily Business Review

Nonadversarial Claims Advocacy—A Way to Stabilize the Insurance Market

A new strategy is emerging that utilizes the services of a claims advocate. The advocate's compensation is not tied to the outcome of the settlement, and insurers are welcoming the advocate as a nonadversarial catalyst to quickly settle claims.
5 minute read

More from ALM

More from ALM

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

Resources

  • Practical Guidance Journal: AI in Employment Decisions and Performance

    Brought to you by LexisNexis®

    Download Now

  • The Essential Guide to Governance, Risk, and Compliance

    Brought to you by Diligent Corporation

    Download Now

  • 2024 Trends Report Mid-Year Special Edition: Update on Outside Counsel Billing Rates

    Brought to you by LexisNexis® CounselLink®

    Download Now

  • AI in Private Equity: A Guide for Gaining an Early Advantage

    Brought to you by Ontra

    Download Now