Mondaq USA: Insurance > Insurance Laws and Products
Butler Weihmuller Katz Craig LLP
Because there can be more than one individual or entity that holds an interest in property, a property insurance policy is generally drafted in such a way to identify and protect all the individuals or entities ...
Hunton Andrews Kurth LLP
In our recent article in The Banking Law Journal, we discussed bank regulatory "guidance" that the U.S. Government Accountability Office ("GAO") ...
Cadwalader, Wickersham & Taft LLP
FDIC released data on branch office deposits for all FDIC-insured institutions. The FDIC Summary of Deposits includes deposit totals for each of the more than 88,000 domestic offices ...
Butler Weihmuller Katz Craig LLP
Florida law allows an insured to recover attorney's fees if the insured prevails in a lawsuit against the insurer for insurance benefits. See § 627.428, Florida Statutes.
Hunton Andrews Kurth LLP
Blockchain, or distributed ledger technology ("DLT"), is already proving to be a game-changer for businesses globally and across sectors.
Carlton Fields
Courts sometimes struggle with the issue of whether property damage arising in the context of a contractual relationship, particularly in construction contracts ...
Cadwalader, Wickersham & Taft LLP
The FDIC requested comments on a proposed rule that would allow certain insured depository institutions to be exempt from the requirement to treat reciprocal deposits as brokerage deposits.
Wilson Elser Moskowitz Edelman & Dicker LLP
This likely will precipitate a review of the preemption defense available to claims arising under the NFIP.
Reed Smith
In other words, the tenants were not authorized by the state to grow marijuana.
Hunton Andrews Kurth LLP
Hurricane Florence has yet to make landfall, but the storm has already wreaked havoc on this weekend's college football schedule, concerts, and other events. West Virginia and NC State postponed...
Shearman & Sterling LLP
On August 30, 2018, the U.S. Board of Governors of the Federal Reserve System and U.S. Federal Deposit Insurance Corporation announced that the agencies have extended the submission deadline ...
Pryor Cashman LLP
Hurricane Florence's rapid track toward Virginia and the Carolinas is marking a somber anniversary, with September 2017 capping the costliest hurricane season ever recorded.
Mintz
ACA plans scored a major victory last week when a federal court held that health plans participating on the ACA exchanges are entitled to unpaid cost sharing reduction payments from the federal government.
Hunton Andrews Kurth LLP
Hurricane Florence will affect the U.S. east coast later this week with significant damage to property and resulting business disruption. Businesses far-removed from the impact zone...
Carlton Fields
As we have reported, an assignment of benefits is a legal tool that allows a third party, like a contractor, to be paid for services performed, like repairs following an insured loss, for an insured property owner ...
Hunton Andrews Kurth LLP
The Sixth Circuit recently upheld dismissal of KVG Properties, Inc.'s claims under a first-party property policy arising from damage to KVG's office spaces due to tenants' use
Hunton Andrews Kurth LLP
It's that time of year again, when the surf churns and the winds howl to a piercing whistle and insurance companies seemingly forget that you've faithfully paid exorbitant premiums for years.
Akin Gump Strauss Hauer & Feld LLP
Over the past several years, tech-savvy players and start-ups have been bursting into the insurance sector in droves.
Jones Day
With Hurricane Lane having battered the Hawaiian islands, businesses will soon look to secure insurance recoveries for the severe property damage and business income losses left in its wake.
Carlton Fields
QBE Seguros brought a successful action declaring a marine insurance policy was void ab initio under the doctrine of uberrimae fidei and the breach of the warranty of truthfulness in the application for insurance.
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Wilson Elser Moskowitz Edelman & Dicker LLP
The autonomous motor vehicle industry is growing exponentially. Various automobile manufacturers, including Audi, Ford, Volkswagen, GM, BMW, Toyota, Tesla, and Nissan, have announced that they plan to sell fully autonomous motor vehicles by 2021.
Carlton Fields
Once again, the SEC's Office of Compliance Inspections and Examinations (OCIE) has made variable insurance products an exam priority.
Morgan Lewis
US District Judge Manish S. Shah in the Northern District of Illinois last week denied insurers' motion to dismiss a pharmaceutical company's action seeking insurance coverage for the costs associated with...
Moritt, Hock & Hamroff LLP
The New York Court of Appeals (New York's highest court) recently held that being named as an additional insured on a Certificate of Insurance might not, by itself, provide any coverage for additional insureds.
Anderson Kill
Opioid producers and distributors have turned to their insurance companies for relief from litigation, triggering a fierce fight.
Freeborn & Peters LLP
Electronic communications are ubiquitous in modern society. Companies now rely on the internet, email, text messages, social media and artificial intelligence chatbots to compete.
Carlton Fields
In this age of exponentially increasing technology, we can rely on one certainty in property casualty jurisprudence – that is, bold policyholder assertions supported by even bolder "expert" opinions.
Cadwalader, Wickersham & Taft LLP
The DOJ and U.S. Attorney's Office for the Eastern District of New York (collectively, the "Department") closed an investigation of the Insurance Corporation of Barbados Limited ("ICBL") concerning alleged violations of the Foreign Corrupt Practices Act ("FCPA").
Miller Friel
The starting point for any organization seeking to understand cyber insurance claims and coverage is to understand potential cyber-related losses.
Seyfarth Shaw LLP
Seyfarth Synopsis: On August 3, 2018, the FDIC published its final rule on modifications to the Statement of Policy for Section 19 in an attempt to reduce the number of low risk criminal offenses
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