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New York Law Journal

Second Circuit's 'Pine' Decision Clarifies When Policyholders Must Report Notices of Alleged Misconduct to Insurers

The Second Circuit's recent decision in 'Pine Management v. Colony Insurance Company' underscores the critical importance of providing notice to insurance carriers of possible claims, even when a specific demand is absent.
8 minute read

New York Law Journal

Pollution Exclusions and PFAS Claims: Reading Tea Leaves From Early Coverage Rulings in New York and Elsewhere

Lawsuits have been filed across the country that allege harms purportedly caused by PFAS chemicals. The underlying litigations have resulted in billions of dollars in settlements, which, in turn, have led to demands for insurance coverage and associated coverage litigation.
7 minute read

New York Law Journal

New York Courts Reject Insurance Companies' Attempts to Recoup Defense Costs

Recently, several New York courts have held that an insurance company has no right to recoup defense costs where the insurance policy includes a duty to defend, but does not include an express contractual provision allowing for recoupment.
9 minute read

New York Law Journal

'Buy and Shelve': A Deadly Strategy for Life Insurance

Corporations typically have risk management departments that stay on top of their coverage portfolios, but individual policyholders all too often purchase policies and simply file them away in the apparent hope that the mere act of buying coverage serves as a hedge against ever needing it. This is the "buy and shelve" approach to insurance. And, while it's never a good strategy, it is particularly dangerous in the context of life insurance.
7 minute read

Daily Report Online

How a Brunswick Firm Swayed a Conservative Jury Pool to Award $8M in Coastal Georgia

"[The defense] did a good job of trying to keep the damages down," plaintiffs counsel Roy Boyd said. "In a case like this, that's about all you can do."
5 minute read

The Recorder

California Supreme Court Sides With Insurer in COVID-19 Loss Case

The unanimous high court stopped short of saying that COVID-19 could never cause insurance-covered property damage. But a concert venue company failed to prove that it did in this case, the court held.
3 minute read

New Jersey Law Journal

Does Change in PIP Law Entitle Auto Injury Victim to Future Medical Costs?

"The record shows the trial court was misled into error here and we are confident justice will ultimately be achieved," plaintiffs attorney Gerald Clark said.
4 minute read

Daily Report Online

Far From Over: Insurers to Appeal $345M Consent Judgment in Boarding School Sexual Abuse Case

According to the defendant, the consent judgment "is a direct result of the insurers' failure to provide a defense and a failure to provide indemnification for the claims brought by the plaintiffs."
5 minute read

Corporate Counsel

UnitedHealth Carves Out New Job for Legal Chief as DOJ Antitrust Probe Looms

Rupert Bondy will now serve as senior counsel and executive vice president of governance, compliance and security.
3 minute read

Texas Lawyer

District Attorney Alleges USAA, Progressive Cheat Insureds on Auto Claims

"California residents and small businesses try their best to follow the law. They expect their insurance companies and affiliates to do the same," Alameda County District Attorney Pamela Price said.
5 minute read

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