Nuclear verdicts are growing at an alarming pace. Healthcare risk managers face increasing challenges in purchasing an insurance tower sufficient to withstand a nuclear verdict. Filling the tower can be…
Like most states, Florida enacted a risk-shifting statute for attorneys’ fees and costs when litigants make a statutory proposal for settlement. Florida Statute § 768.79 establishes that framework for proposals…
The Lloyd’s of London connection behind the 2026 World Baseball Classic — and what it means for commercial policyholders in specialty insurance markets
The 2026 World Baseball Classic, which…
Introduction
May a liability insurer discharge its obligations to its insured simply by interpleading its policy limits, even when doing so leaves the insured exposed to a multimillion-dollar excess judgment?
A new decision from a Mississippi federal court highlights how subtle limitations in policy wording may restrict the types of fraudulent transactions covered by a social engineering insuring agreement. In…
In Part 1 of this series, we introduced the Federal Acquisition Regulation’s (FAR) approach to insurance and risk allocation in federal procurement, focusing on FAR Part 28 and the insurance-related…
A recent decision from the U.S. District Court for the Western District of Texas offers a cautionary reminder for policyholders evaluating cyber coverage. In Perry & Perry Builders, Inc. v.
In this blog series, we explore the promises and the pitfalls of AI tools in the insurance coverage context, offering practical guidance for lawyers and business professionals to harness these…
In Part 1 of this series, we introduced the Federal Acquisition Regulation’s (FAR) approach to insurance and risk allocation in federal procurement, focusing on FAR Part 28 and the insurance-related…
As the great thaw is underway across much of the country, Winter Storm Fern is now poised to be the most expensive weather event to hit the U.S., with…