Insurance on a project is a vital tool with which to manage project risk. In a warming world with ever larger and more complex projects, insurance becomes that much more important to ensure that projects can stay on track...more
All public pension plans need a well-crafted fiduciary liability insurance policy. This should include ample coverage, including protection against the risk of impending litigation. The recent ruling by the U.S. Court of...more
7/9/2021
/ Breach of Contract ,
Declaratory Relief ,
Denial of Insurance Coverage ,
Duty to Defend ,
Fiduciary Duty ,
Fiduciary Liability Insurance ,
Insurance Claims ,
Insurance Industry ,
Insurance Litigation ,
Pensions ,
Policy Exclusions ,
Public Pension ,
Retirement ,
Retirement Plan
Each month, Nossaman's complimentary Employment BUZZ webinar series covers a different topic of interest to employers, including tax, insurance, intellectual property and employment issues. These "quick hit" 30-minute...more
2/23/2021
/ Business Interruption ,
Commercial General Liability Policies ,
Coronavirus/COVID-19 ,
Cyber Insurance ,
D&O Insurance ,
Employer Liability Issues ,
Employment Practices Liability Insurance (EPLI) ,
Infectious Diseases ,
Insurance Claims ,
Insurance Industry ,
Insurance Litigation
Each month, Nossaman's complimentary Employment BUZZ webinar series covers a different topic of interest to employers, including tax, insurance, intellectual property and employment issues. These "quick hit" 30-minute...more
2/10/2021
/ Business Interruption ,
Commercial General Liability Policies ,
Continuing Legal Education ,
Coronavirus/COVID-19 ,
Cyber Insurance ,
D&O Insurance ,
Employer Liability Issues ,
Employment Practices Liability Insurance (EPLI) ,
Infectious Diseases ,
Insurance Claims ,
Insurance Industry ,
Insurance Litigation ,
Webinars
Don't miss this important annual employment law update! Please join us for this complimentary seminar on cutting-edge employment law issues. The 2018 employment landscape is significantly different and this seminar will...more
It was recently revealed that the Securities and Exchange Commission’s (“SEC”) EDGAR database, which is used by public companies to file official documents, was breached. According to the SEC, trading off of that hacked...more
10/10/2017
/ Cyber Attacks ,
Cybersecurity ,
Data Breach ,
EDGAR ,
Filing Requirements ,
Financial Markets ,
Hackers ,
Insider Trading ,
Popular ,
Registration Statement ,
Securities and Exchange Commission (SEC)
Join Nossaman attorneys for a webinar to discuss evolving cybersecurity threats facing water utilities. Cybersecurity is one of the top threats faced by all businesses in the United States, but water utilities sit in a...more
Nossaman LLP and University of California, Irvine School of Law invite you to join us for "Cybersecurity, Data Breach, and Privacy: A Real World Perspective on Prevention, Response and the Future." This complimentary...more
On August 23, 2017, in a split Opinion, the Ninth Circuit issued its ruling in Los Angeles Lakers, Inc. v. Federal Ins. Co., Case No. 15-55777 (9th Cir. Aug. 22, 2017), an insurance coverage dispute related to an underlying...more
A few weeks back, the Insurance Recovery report posted a blog about the difficulty obtaining insurance coverage for “fake president” fraud, which is also known as business e-mail compromise, or social engineering fraud. Two...more
8/3/2017
/ Computer Fraud Insurance ,
Corporate Counsel ,
Cyber Insurance ,
Cybersecurity ,
Data Breach ,
Denial of Insurance Coverage ,
Email ,
Insurance Industry ,
Phishing Scams ,
Policy Terms ,
Social Engineering ,
Wire Fraud
In the last few weeks, we have seen yet another widespread ransomware attack that hit nearly one hundred companies around the world. It reminded me of a recent request from a client, made just after news broke of the...more
7/11/2017
/ Corporate Counsel ,
Cyber Attacks ,
Cyber Insurance ,
Cybersecurity ,
Data Breach ,
Data Protection ,
Email ,
Hackers ,
Information Technology ,
Insurance Industry ,
Policy Terms ,
Popular
With the confirmation of Jay Clayton as the Chair of the Securities and Exchange Commission, comments made last month by the Acting Enforcement Director, Stephanie Avakian, regarding the importance of accurate reporting in...more
On Monday, the California Supreme Court revived a 2011 insurance regulation designed to protect homeowners from underinsurance because of the insurance company’s use of potentially misleading estimates for home replacement...more
1/30/2017
/ CA Supreme Court ,
Denial of Insurance Coverage ,
Homeowner's Insurance ,
Homeowners ,
Insurance Commissioners ,
Insurance Industry ,
Natural Disasters ,
Policy Limits ,
Property Damage ,
Regulatory Oversight ,
Replacement Costs ,
Wildfires
On October 25, the Privacy Law Report featured a blog post on new cybersecurity regulations being implemented by the New York Department of Financial Services (“DFS”). Those regulations impose a number of requirements on...more
Recently, members of the House Energy and Commerce Committee told Congress that they must set cyber security standards for all devices connected to the internet or else face the possibility of a major cyberattack that could...more
A report issued last week by Beazley, one of the prominent insurance companies in the cyber field, revealed what industry experts predicted earlier in the year – ransomware is an increasingly prevalent menace. That report is...more
Can an excess carrier go ahead and fund an excess primary limits settlement and then assert a claim for bad faith against the primary insurer who previously refused to accept and fund a prior in-limits policy demand? On...more
You may recall our previous posts about the drafting and negotiation of the EU-US Privacy Shield, the law designed to implement a data sharing agreement that sets specific privacy standards for companies sharing information...more
7/27/2016
/ Article 29 Working Party (WP29) ,
Data Protection Authority ,
EU ,
EU-US Privacy Shield ,
International Data Transfers ,
Member State ,
Personal Data ,
Referendums ,
UK ,
UK Brexit ,
US-EU Safe Harbor Framework
Last week, the SEC fined Morgan Stanley $1 million for two data security failures resulting in the exposure of personal information of 730,000 of its customers. Andrew Ceresney, the director of enforcement at the SEC stated,...more
Our last few blogs have focused on litigation under the Video Privacy Protection Act, including the recent ruling from the 10th Circuit in Yershov v. Gannett Satellite Information Network, Inc., 2016 U.S. App. LEXIS 7791 (1st...more
It was recently revealed that the Hollywood Presbyterian Medical Center paid $17,000 in bitcoins as ransom to hackers who infiltrated and disabled its computer network. This is not the first time hackers have held up a...more
For policyholders and attorneys that have feared the lack of coverage for data breaches under traditional policies (CGL, property), a recent ruling suggest that it is not time to write off those policies as a potential source...more
On October 12, Nossaman and UC Irvine hosted their first annual cyber symposium at the Los Angeles City Club. The event brought experts together to discuss a variety of critical issues in the worlds of privacy and data...more
10/26/2015
/ Cyber Attacks ,
Cyber Crimes ,
Cyber Insurance ,
Cyber Threats ,
Cyberforensics ,
Cybersecurity ,
Data Breach ,
Data Security ,
Google ,
Hackers ,
KPMG ,
Popular ,
Privacy Policy ,
Sony
Nossaman LLP and University of California, Irvine School of Law invite you to join us for this complimentary half-day seminar on recent developments in the areas of cybersecurity, data breach, privacy, and their implications...more
It was reported today that the widely-watched data breach case, Zurich American Ins. Co., et al v. Sony Corp. of America (N.Y. Sup. Ct. Feb. 21, 2014), has been settled before the New York appellate court could issue an...more