United States: Insurance

Business operations evolve constantly, yet many companies fail to update their insurance policies accordingly. Without regular reviews, organizations may discover critical coverage gaps only when facing a lawsuit, cyberattack, or property loss—when it's too late to address the deficiency.

The Colorado Court of Appeals recently weighed in on whether the complete defense rule applies to title insurance policies, examining Covered Risks 4 and 5 alongside policy exclusions. This decision joins a growing body of case law addressing the fundamental differences between liability insurance and title insurance coverage obligations. The ruling also clarifies important distinctions about property access rights and their implications for real estate development.

A federal court in Washington addressed whether an insurer could reform a commercial general liability policy to restore an exclusion that was accidentally deleted during renewal, and whether coverage existed under both CGL...