In our latest update, we reflect on the Professional Indemnity Insurance market in 2023 where Insureds be...
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
Law firm Locke Lord settles negligence lawsuit over advice to insurer - Reuters
U.S. law firm Locke Lord has settled claims that it gave faulty legal advice to an insurer whose health benefit plans became insolvent and was investigated by the U.S. Labor Department.
U.S. law firm Locke Lord has settled claims that it gave faulty legal advice to an insurer whose health benefit plans became insolvent and was investigated by the U.S. Labor Department.
reuters.com /
Article / 2 months 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
Insurance Broker Escapes £2.6M Claim From Foundry Client - Law360
A London judge has dismissed an investment advisory firm's bid to collect £2. 6 million ($3. 2...
A London judge has dismissed an investment advisory firm's bid to collect £2. 6 million ($3. 2...
law360.com /
Article / 2 months ago
The post-pandemic broker E&O trend, and how to prevent it - Canadian Underwriter
Many clients' commercial property limits aren't being adjusted for inflation, and that's unduly exposing brokers to errors and omissions (E&O) claims, one...
Many clients' commercial property limits aren't being adjusted for inflation, and that's unduly exposing brokers to errors and omissions (E&O) claims, one...
canadianunderwriter.ca /
Article / 2 months ago
Widow Can Sue Trucking Co.'s Agent Over Policy, Panel Says - Law360
The widow of a man who died in a trucking accident may proceed with her suit accusing the company's insurance agent of negligently procuring an excess...
The widow of a man who died in a trucking accident may proceed with her suit accusing the company's insurance agent of negligently procuring an excess...
law360.com /
Article / 2 months ago
Insurer Ducks Some Coverage Of Dredge Tank Defect Suit - Law360
A Wisconsin federal judge Wednesday ruled partially in favor of an insurer seeking a declaration that it needn't cover a metal fabricator's defense in an underlying arbitration over allegedly defective dredge tanks.
A Wisconsin federal judge Wednesday ruled partially in favor of an insurer seeking a declaration that it needn't cover a metal fabricator's defense in an underlying arbitration over allegedly defective dredge tanks.
law360.com /
Article / 2 months ago
When Can an Insurer Pursue a Malpractice Claim Against Defense Counsel Retained for an Insured? Part II
In Part I (”When Can an Insurer Pursue a Malpractice Claim Against Defense Counsel Retained for an Insured”) of our two-part article published by the...
In Part I (”When Can an Insurer Pursue a Malpractice Claim Against Defense Counsel Retained for an Insured”) of our two-part article published by the...
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