As more companies purchase cyber insurance to protect against the risks of computer hacking and data breaches, the body of law interpreting these policies is evolving rapidly. Risk managers and counsel should monitor these...more
5/21/2019
/ Commercial General Liability Policies ,
Crime Insurance Policies ,
Cyber Attacks ,
Cyber Insurance ,
Cybersecurity ,
Data Breach ,
Data Protection ,
Hackers ,
Insurance Industry ,
Popular ,
Risk Management
The use of representations and warranties insurance is becoming increasingly commonplace in M&A transactions, particularly in competitive auction processes where use of the product has become almost ubiquitous. While much has...more
In Depth -
Directors and officers (D&O) liability insurance remains a vital issue for companies and their directors and officers as potential sources of liability continue to evolve. More securities lawsuits were filed...more
6/30/2016
/ Board of Directors ,
Claims Made Policy ,
Commercial Bankruptcy ,
Compliance ,
Corporate Crimes ,
Corporate Executives ,
Corporate Officers ,
D&O Insurance ,
Defense Costs ,
Personal Liability ,
Policy Exclusions ,
Scope of Coverage ,
Securities Fraud ,
Yates Memorandum
What are the consequences of a liability insurer’s breach of the duty to defend its insured against a potentially covered claim? Recent decisions from the New York Court of Appeals highlight differing views nationwide on...more
Recent court decisions illustrate the potential for coverage gaps between directors and officers and errors and omissions policies, or overlap between these two coverage lines. Companies can take steps during policy...more
It is estimated that Superstorm Sandy could cause up to $50 billion in losses, and up to $20 billion in insured losses. Businesses should review their commercial property insurance policies and submit claims for...more
11/14/2012