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Daily Report Online

Good-Faith Considerations for Bad-Faith Insurance (Holt) Litigation in Georgia

To better navigate this needlessly complex area of law, insurers should have a good grasp on the current legal landscape surrounding the Holt rule, how intended "fixes" may not prevent bad-faith litigation, and best practices and considerations that are available when a Holt demand comes in the door.
7 minute read

Texas Lawyer

3 Lawyers? One's Enough, Court Rules in Insurer's Fight Over Attorney Fees

The ruling hinged on the insurer's right under the policy to control the defense.
4 minute read

The Legal Intelligencer

Drafting Contractual Indemnity Provisions to Maximize Coverage Under Pa. Law

This article focuses on a just few of the many potential disputes that may arise with respect to indemnification under Pennsylvania law. Does the indemnification provision apply to claims for a party's own negligence?
8 minute read

International Edition

Reed Smith Advises Red Cross on Disaster Relief Back-Stop

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

Connecticut Law Tribune

Firearms Maker Sues Insurer for Curtailing Defense Funding in Long-Running Gun Violence Case

The defendants are "liable to Colt's for damages for wrongful failure to defend, in an amount to be proven at trial together with pre- and post-judgment interest, costs, attorneys' fees, and any consequential damages arising from [the defendant's] breach, including but not limited to Colt's legal fees and costs, the value of Colt's lost business opportunities, and any and all sums that Colt's may be required to pay in damages in the Gary Lawsuit regardless of policy limits," the complaint said.
4 minute read

Law.com

Nationwide Argues Homeowner, Auto Policies Don't Cover Insured Accused of Aiding in Woman's Abduction

This complaint was first surfaced by Law.com Radar.
5 minute read

International Edition

Kennedys Hires in General Counsel as a Partner in Chile

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

New York Law Journal

Insurance Carrier Asks Court for Relief From Coverage for NY 'Ghost Gun' Lawsuits

The insurer says that sellers of untraceable guns are not entitled to copverage or a defense under their policies.
3 minute read

Daily Business Review

Top 10 Tips for Businesses to Prepare for Peak of Hurricane Season

With the impact from Hurricane Idalia, it should be a reminder to businesses in other hurricane-prone areas to be prudent in reassessing their preparedness plans as well.
7 minute read

New York Law Journal

Fraudulent Incorporation Confirmed as Basis for Criminal Health Care Fraud Charges

In his Insurance Law column, Michael Sirignano discusses how those who commit no-fault automobile insurance fraud using illegally owned and controlled medical corporations no longer have to be concerned solely about potential civil liability—they also should fear criminal prosecution.
9 minute read

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