Earlier in 2022, CBRE forecasted a 14.1% year-over-year increase in construction costs by year-end 2022, as labor and material costs continue to rise, despite the expectation that overall cost inflation for materials would...more
12/30/2022
/ Commercial Insurance Policies ,
Commercial Property Owners ,
Construction Industry ,
Construction Project ,
FEMA ,
Inflation Adjustments ,
Insurance Industry ,
Labor Shortage ,
Natural Disasters ,
Real Estate Development ,
Real Estate Market
Over the past few years, ransomware attacks have increased in frequency and demand size. And, increasingly, those attacks have targeted businesses and critical infrastructure organizations from across the globe. This trend is...more
California courts are grappling with how to move forward in these times, and they will start doing so, perhaps even soon. Are you ready?
California Judicial Council issues 11 Emergency Rules for court proceedings during...more
Although it has become common for corporate directors and officers to face claims seeking to hold them personally liable for alleged damages resulting from actions taken in their official capacity, it wasn’t always this way....more
5/23/2019
/ Board of Directors ,
C-Suite Executives ,
Contract Terms ,
Corporate Officers ,
D&O Insurance ,
Duty to Defend ,
Indemnification ,
Liability Insurance ,
Personal Liability ,
Policy Terms ,
Privately Held Corporations ,
Publicly-Traded Companies
- It is essential to keep track of deadlines mandated under policies.
- Keep in mind that several types of insurance—not just property insurance—may cover flood and storm-related losses (such as property damage, loss of...more
3/1/2017
/ Business Interruption ,
Commercial Insurance Policies ,
Critical Infrastructure Sectors ,
Federal Grants ,
FEMA ,
Flooding ,
Loss Mitigation ,
Notice Requirements ,
Proof of Loss ,
Property Damage ,
Property Insurance ,
Record Preservation ,
Storm Water ,
Wind Damage
After tearing through the Caribbean, Hurricane Matthew’s path brought it north to the Southeastern coast of the U.S., bringing evacuations, business closures and damages to the region. Florida, Georgia, South Carolina and...more
10/11/2016
/ Business Interruption ,
Commercial Insurance Policies ,
Expert Reports ,
FEMA ,
Homeowner's Insurance ,
Hurricane Matthew ,
Loss Mitigation ,
Popular ,
Proof of Claims ,
Property Damage ,
Property Insurance ,
Supporting Documentation ,
Written Notice
In Petrella v. Metro-Goldwyn-Mayer, Inc., Supreme Court holds that laches cannot bar claims for damages for copyright infringement brought during the 3-year limitations period.
On May 19, 2014, in a case concerning the...more
On January 14, 2014, the U.S. Supreme Court in Daimler AG v. Bauman held that Argentinian plaintiffs could not sue a German car manufacturer in California for human rights violations allegedly committed in Argentina. The...more