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FTI Consulting
The calamitous events of 2020 have shown that insurance companies must evolve beyond customary long-term planning in order to stay competitive.
Miller Friel
Recently in American Family Mutual Insurance Co., SI, v. Investment Co., an insurer filed an action seeking a declaration that it does not have to defend its insured against an underlying...
Butler Weihmuller Katz Craig LLP
In third party coverage matters, the traditional test to determine whether an insured is entitled to a defense under a commercial general liability policy is the Comparison or Four-Corners Test.
Butler Weihmuller Katz Craig LLP
Join us for this week's Thursday Tip as Partner Aaron Jacobs discusses the Made-Whole Rule in Subrogation law.
Kramer Levin Naftalis & Frankel LLP
The National Association of Insurance Commissioners (NAIC) is proposing to add its new group capital calculation (GCC) requirement to the existing Insurance Holding Company
Miller Friel
Roughly three thousand years ago, King Solomon was asked for a maxim that was true in both good and bad times. He offered, "This, too, shall pass away." Most businesses will readily admit that, ...
Cooley LLP
In TKC London Ltd v Allianz Insurance plc [2020] EWHC 2710, the Commercial Court considered the summary dismissal of TKC London Ltd's claim against its insurer,...
Butler Weihmuller Katz Craig LLP
Board Certified Appellate Attorney, Carol Rooney, presented her first appellate webinar for 2020 – Summary Judgment Standard and Appellate Review Under Florida and Texas Law – on March 18, 2020.
Butler Weihmuller Katz Craig LLP
The general rule under Florida law is that the party claiming insurance coverage has the initial burden to show that a settlement or judgment represents damages that fall within the coverage provisions of the insurance policy.
Butler Weihmuller Katz Craig LLP
After a lengthy adjustment involving numerous inspections, intense negotiations, and supplemental payments, a claims professional is about to close a particularly grueling file.
Butler Weihmuller Katz Craig LLP
Hurricane Sally made landfall on Alabama Gulf Coast near the city of Gulf Shores early in the morning on Wednesday, September 16, 2020.
Butler Weihmuller Katz Craig LLP
Often, a person or entity that is attempting to claim additional insured status under the insurance policy of another will rely on a "Certificate of Insurance" that was issued by the named insured's agent.
Butler Weihmuller Katz Craig LLP
After paying out a claim, insurers often pursue a subrogation recovery from a responsible third party. In evaluating the potential for recovery, subrogation specialists consider many ...
FTI Consulting
Perhaps no other industry will feel the after-effects of COVID-19 as extensively as the worldwide insurance and reinsurance industries
Butler Weihmuller Katz Craig LLP
On September 8, 2020 the United States Court of Appeals for the Eleventh Circuit issued its decision in Port Consolidated, Inc. v. International Insurance Company of Hannover, PLC,...
Butler Weihmuller Katz Craig LLP
Many commercial general liability policies contain an exterior insulation and finish systems (EIFS) exclusion, which bars coverage under specific circumstances when EIFS is used in construction.
Cooley LLP
By becoming a "full-stack" insurance company, the insurtech company can exercise greater control over its business while capturing more of the value chain.
Mayer Brown
As SPACs continue to barrel through 2020 at top speed, SEC has taken notice and we've already seen a number of remarks focusing on sufficient disclosure from Chair Clayton and Commissioner Lee.
FTI Consulting
Insurers have long known, and have statistically proven, that a person with prior motor insurance losses is more likely to have a claim in the near future than another person with no prior losses.
FTI Consulting
In this article series, FTI Consulting's Insurance team explores how new behavioural data is generated and early signs of how this data could be the next wave of predictive power for issues like fraud, and maybe even claims costs.
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