Insurers in the emirate typically buy low-attaching reinsurance....
Threat of Bad Faith Does Not Constitute a “Claim” Under Insurance Company’s Professional Liability Policy | Wiley Rein LLP
An Ohio federal court, applying Ohio law, has held that a letter threatening a bad faith action against an insured insurance company...
An Ohio federal court, applying Ohio law, has held that a letter threatening a bad faith action against an insured insurance company...
Article / 19 hours ago
No Coverage for Claims arising from Billing Practices under Professional Liability Policy
The United States District Court for the Middle District of Florida, applying Florida law, has held that a law firm was not entitled to coverage under...
The United States District Court for the Middle District of Florida, applying Florida law, has held that a law firm was not entitled to coverage under...
Article / 1 month ago
AI regulation to shake up liability insurance
Developments in AI and related regulation will require an overhaul of liability insurance policies and the creation of new AI-specific coverages...
Developments in AI and related regulation will require an overhaul of liability insurance policies and the creation of new AI-specific coverages...
Article / 1 month ago
Lawsuit over Shearer's Foods fire in Oregon seeks $90M - Insurance NewsNet
Insurers of the Shearer's Foods plant that burned down in 2022 in Hermiston are seeking more than $90 million in a lawsuit. Attorneys filed the pleading Friday, Feb. 16, in Umatilla County Circuit Court on behalf of several insurers
Insurers of the Shearer's Foods plant that burned down in 2022 in Hermiston are seeking more than $90 million in a lawsuit. Attorneys filed the pleading Friday, Feb. 16, in Umatilla County Circuit Court on behalf of several insurers
insurancenewsnet.com /
Article / 2 months ago
Legal practices
In RSA v Tughans [2023] EWCA Civ 999, the Court of Appeal held that solicitors were entitled to cover for liability in respect of fees which they are contractually entitled to...
In RSA v Tughans [2023] EWCA Civ 999, the Court of Appeal held that solicitors were entitled to cover for liability in respect of fees which they are contractually entitled to...
Article / 3 months ago
Broker Negligence on BI Policy Advice
A recent ruling of the Commercial Court held brokers Heath Crawford Ltd (“HC”) liable to pay a former client £2.3 million in damages, for uninsured loss resulting from negligent advice on placement of...
A recent ruling of the Commercial Court held brokers Heath Crawford Ltd (“HC”) liable to pay a former client £2.3 million in damages, for uninsured loss resulting from negligent advice on placement of...
Article / 4 months ago
UK: What's Behind Large Losses in Law Firms?
In addition to having to ride the waves of the current business environment, the firm could also face higher insurance premiums following the loss, then find less competitive options for...
In addition to having to ride the waves of the current business environment, the firm could also face higher insurance premiums following the loss, then find less competitive options for...
Article / 5 months ago
Law firm sought Hanover coverage two days early
A law firm submitted its professional liability claim under a Hanover Insurance Co. policy two days before the coverage became effective, a federal appeals court ruled Friday in affirming a lower...
A law firm submitted its professional liability claim under a Hanover Insurance Co. policy two days before the coverage became effective, a federal appeals court ruled Friday in affirming a lower...
Article / 5 months ago
Containing liability losses in the construction industry
This rise in claims costs makes it all too easy to breach insurance limits, which can be detrimental to an insured’s livelihood...
This rise in claims costs makes it all too easy to breach insurance limits, which can be detrimental to an insured’s livelihood...
Article / 5 months ago
Tolling Agreement Prior to the Policy Period Precludes Coverage for Later Claim - D&O Diary
Policyholders and their representatives have long pushed to have the definition of “claim” in professional and management...
Policyholders and their representatives have long pushed to have the definition of “claim” in professional and management...
dandodiary.com /
Article / 5 months ago
