The Delaware Chancery Court recently held that the duty of oversight extended to corporate officers. The important decision came after McDonald’s shareholders sued the company’s former head of human resources, alleging that …
Increased Risks, D&O Insurance Considerations, Following Delaware’s Extended Oversight Duties Read MorePFAS Regulation Per- and polyfluoroalkyl Substances (“PFAS”) are a class of substances that have increasingly become the target of federal and state regulation in everything from drinking water, groundwater, site …
PFAS Regulation and Insurance Coverage Implications Read MoreThe explosive growth of representations and warranties (R&W) insurance over the last decade is no secret. But, for many, R&W insurance remains an enigma, particularly as respects filing a claim …
Representation and Warranties Insurance Fundamentals Read MoreA New York federal judge recently ruled that an insurer waived its late notice defense because a generic reservation of rights was insufficient to preserve it. As a result, the …
New York Federal Court Finds Insurer Waived Late Notice Defense Read MoreIn ExxonMobil Corp. v. Natl. Union Fire Ins. Co. of Pittsburgh, PA, the Texas Supreme Court held that an insurance policy did not incorporate the payout limits of an underlying service agreement …
Insurance Coverage Under Umbrella Policy Extends Beyond Requirements of Service Contract Read MoreA recent settlement filed by the Federal Trade Commission (FTC) and GoodRx may merit a review of your cyber insurance coverages. Earlier this month, the FTC took enforcement action for the first time …
Recent FTC Enforcement Action Merits Cyber Insurance Coverage Review Read MoreArtificial intelligence technology (“AI”) is poised to radically improve human functionality, although some say the technology is quietly learning how to overtake it. In the meantime, the insurance industry has …
Insurance Industry Highlights Inconsistent Reliance on AI Read MoreAs discussed in a recent client alert, on March 24, 2023, Florida Governor Ron DeSantis signed House Bill (HB) 837 into law, making it more difficult and costly for insurance policyholders …
Florida Enacts Sweeping Tort Reform Legislation, Raising Barriers to Insurance Coverage Claims Read MoreAs we have discussed in prior parts of this series, the insurance industry has developed an array of policies specifically tailored to cover cryptocurrency claims, and some of these policies …
Digital Asset Insurance Coverage Series: Insurance for NFTs Read MoreOn Monday, March 6, the US Supreme Court agreed to hear an insurance coverage dispute, Great Lakes Insurance SE v. Raiders Retreat Realty Co., LLC. Insurance cases are few and far …
Supreme Court Takes on Insurance Dispute Read More