The recent procedural ruling by a Pennsylvania federal court highlights another area of uncertainty in the growing wave of insurance litigation related to COVID-19: will these cases proceed in state or federal courts? The U.S. District Court for the Western District of Pennsylvania on its own volition remanded a Pittsburgh restaurant’s lawsuit seeking insurance coverage
New Jersey to Legislate Business Interruption Coverage for COVID-19
Commercial property insurance policies frequently include business interruption or loss of business income coverage when a covered “cause of loss” creates a slowdown or reduction in business income. Companies suspending operations due to the COVID-19 pandemic should assess the availability of insurance coverage for those losses, particularly under business interruption policies. Even if that coverage
The New Coronavirus and Your Business Insurance Coverage: Steps to Take Now
With developing news of the new coronavirus and its impact on worldwide business operations, here’s a quick reminder to those professionals in charge of risk management for their company. This health emergency will have direct and indirect impact on companies around the globe. From international shipping and travel to reliance on component parts manufactured in
Cyber Insurance: Court’s Recent Decisions May Change What Your Policy Covers
Cyber incidents can take many forms—phishing, insider theft, SQL injection, malware, denial of service, session hijacking, credential farming, or just old fashion “hacking.” Although many of these attack vectors employ technical knowledge, some utilize deception to manipulate individuals into performing certain actions or divulging confidential information.
Commonly referred to as “social engineering,” a perpetrator can