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1
Mississippi Regulatory Compliance Group Quarterly Report, Vol. 30 No. 2
We are pleased to introduce to you the latest addition to our banking team.
United States
3 Jun 2019
2
Mid-South Regulatory Compliance Group Quarterly Report Vol. 16, No. 2
As you know, under the NFIP, financial institutions are prohibited from making loans secured by improved real property located in special flood hazard areas unless the property has adequate flood insurance coverage.
United States
3 Jun 2019
3
Is A Captive Run Like An Insurance Company?
One of the most common admonitions given to prospective and current captive owners is that a captive must be run like an insurance company.
United States
14 Mar 2019
4
An Improperly Drafted Reservation Of Rights Letter — The Easiest Way For An Insurer To Waive Policy Coverage Defenses.
In my most recent blogs ("Do you really need a court to tell you what the insurance policy covers? Litigating insurance coverage issues? When and how to turn to the courts" ...
United States
12 Dec 2018
5
Sky's The Limit? A 50-State Survey Of Damages Caps And The Collateral Source Rule
Many state legislatures across the country have enacted statutory measures to limit the amount of compensatory and/or punitive damages recoverable ...
United States
11 Dec 2018
6
Another (Need We Say It?) Disappointed Additional Insured
One commentator has called the scope of Additional Insured coverage "[o]ne of the oldest and most confounding debates in the insurance world."
United States
16 Oct 2018
7
Municipal Liability Cap And Insurance
Although attempts have been made to expand the meaning of "legally entitled to recover" when the municipal statutory damages cap is involved.
United States
28 Sep 2018
8
Do You Really Need A Court To Tell You What The Insurance Policy Covers? Litigating Insurance Coverage Issues? When And How To Turn To The Courts (Part 2).
In part one of this blog I discussed intervention, one option insurers may have when coverage questions arise.
United States
25 Sep 2018
10
"Additional Insured" Counseled To Read The Policy
An Illinois General Contractor learned a hard lesson the other day; the case is Vivify Constr., LLC v. Nautilus Ins. Co., 2017 IL App (1st) 170192.
United States
31 Jan 2018
11
Finally, A Happy Additional Insured!
We have noted, again and again, examples of disappointed Additional Insureds. Today we report that at least one Additional Insured has left the Courthouse smiling.
United States
4 Dec 2017
12
Bad Faith Claim Handling – How To Avoid It Without Simply Paying All Insurance Claims
"Bad faith" – just the sound of it can bring fear to even the most experienced claim adjuster. And for good reason.
United States
14 Nov 2017
13
More "Additional Insured" heartache
We've chronicled here, here, and here some of the ways in which an "Additional Insured" can be disappointed.
United States
26 Sep 2017
14
Cyber Insurance Primer
The number of reported U.S. data breaches tracked through June 30, 2017 hit a half-year record high of 791.
United States
15 Aug 2017
15
Another Disappointed "Additional Insured."
We've used this headline before. We'll almost certainly use it again. The case this time, just handed down by the New York Court of Appeals, is Burlington Insurance Co. v. NYC Transit Authority.
United States
4 Jul 2017
16
Position Accepted By Trial Court, And By Court Of Appeals, Was Insurance Company Bad Faith: Washington Supreme Court
The Washington Supreme Court just handed a defeat to Washington State liability insurers, holding that ProBuilders Specialty Insurance Company had a duty to defend a carbon monoxide poisoning case...
United States
8 May 2017
17
CGLs Pollution Exclusion Applies To Harsh Soaps: Oregon Federal Court
The case began when the insured was sued over the installation and ventilation of a natural gas swimming pool heater.
United States
7 Apr 2017
18
Cyber Security Meets Product Liability
More and more products are becoming part of the "Internet of Things" ("IoT") – products that connect, store or transmit information via the Internet. Experts estimate that by 2020 there will be...
United States
7 Apr 2017
19
"Generic," "Cut-And-Paste" Reservation Of Rights Letter Ineffective
Insureds won a round the other day when the South Carolina Supreme Court held that reservation of rights letters, which it characterized as nothing but "generic statements of potential non-coverage...
United States
10 Mar 2017
20
Fifth Circuit Affirms $34 Million Verdict Against Legal Malpractice Carrier — Exclusion, Read Literally, "Renders The Coverage Illusory And Is Facially Absurd."
Readers of Law360 may recall a 2014 story about a Texas jury that rendered a $34 million dollar verdict against OneBeacon Insurance Company.
United States
24 Nov 2016
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