Professional Practice Insurance

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[Webinar] Peeling Back the Curtain: Working with Your Legal Department to Optimize Your Relationship With Your Outside Law Firms -...

The pressure between managing external legal costs and efficient execution of your company’s legal tasks while maintaining a successful relationship with your outside law firms can be a challenge. In this webinar, we examine...more

Insurance Recovery Law - May 2015 #2

Recent Lawsuit Underscores Critical Lessons for Purchasers of Cyber Insurance - Why it matters: Columbia Casualty Company v. Cottage Health Systems was filed on May 7, 2015, in the Central District of California. Cottage...more

Typo Renders Proposal For Settlement Ambiguous ? No Fees Awarded

In GEICO v. Ryan, No. 4D13-2615 (Fla. 4th DCA, Mar. 11, 2015), the Court reversed the Trial Court's award of attorney's fees in favor of the insured because the "Proposal for Settlement contains a patent ambiguity--spelling...more

Illinois Supreme Court Debates Applicability of Innocent Insured Doctrine

Does the innocent insured doctrine – which provides that one of multiple insureds doesn’t necessarily lose coverage if he or she wasn’t involved in a breach – apply to renewal applications? That’s the question the Illinois...more

Minority Powerbrokers Q&A: Carlton Fields' Ann Black

Ann Young Black is a shareholder and co-chairwoman of the financial services regulatory practice group at Carlton Fields Jorden Burt PA. She counsels financial services clients on a broad range of insurance, securities and...more

Texas' Atty Fee Statute — Elevating Form Over Substance?

Texas follows the American Rule, which provides that litigants may recover attorneys' fees only if specifically provided for by contract or statute. One such statute — Section 38.001 of the Texas Civil Practice Remedies Code...more

Insurance Recovery Law - Mar 13, 2014

Courts Hold that Involvement of Lawyers Insufficient Basis to Withhold Routine Insurer Fact Investigations Materials: Why it matters - These cases confirm that insurers cannot hide claims-handling and similar...more

Some Considerations when Preparing to Try a Property Damage Subrogation Case in the Age of CSI

Recent criminal trials turned national media events, such as the Trayvon Martin and Casey Anthony trials, have highlighted modern jurors’ expectations for forensic evidence. Commentators have termed jurors’ expectations for...more

Insurance by Number

Jurist and law professor Richard Posner recently commented on a common problem among lawyers, namely, that they believe they have a “math block.” Jackson v. Pollion, 733 F.3d 786, 788 (7th Cir. 2013). More recently, Judge and...more

Accountant And Attorney Liability Newsbrief - Fall 2013

In This issue: - First Circuit Rejects Scapegoating and Diversionary Tactics by Plaintiff’s Counsel - Doing Wellness Right - Federal Judge Rules Law Firm Not Liable Under Chapter 93A - In Massachusetts, Employers...more

Ritholtz: Insurance Regulators Should Oversee Derivatives [Video]

March 13 (Bloomberg Law) -- Barry Ritholtz, CEO at Fusion IQ, and Tangent Capital Partners' Bob Rice talk with Bloomberg Law's Lee Pacchia about the current state of the derivatives market and a recent initiative by ISDA to...more

The Privilege is in the Policy: Tripartite Attorney-Client Relationship Arises Where Insurer Retains Counsel Pursuant to Policy...

In Bank of America v. Superior Court, ___Cal.Rptr.3d ___, 2013 WL 151153 (Cal. Ct. App. Jan. 15, 2013) the California Court of Appeal for the Fourth Appellate District held that a tripartite attorney-client relationship...more

Insurance Coverage Briefly – Autumn 2012

The Autumn 2012 issue of our Perspectives newsletter highlights several interesting and important issues: • “Retain the Right Expert for Your Fire Case" is an editorial that discusses the issue of searching through the...more

Learning From Others’ Mistakes

The Autumn 2012 issue of our Perspectives newsletter highlights several interesting and important issues: • “Retain the Right Expert for Your Fire Case" is an editorial that discusses the issue of searching through the...more

Justifiable Delay of Notice of Claim: Burden of Proof of Prejudice on Insurers

The Autumn 2012 issue of our Perspectives newsletter highlights several interesting and important issues: • “Retain the Right Expert for Your Fire Case" is an editorial that discusses the issue of searching through the...more

Editorial: Retain the Right Expert for Your Fire Case

The Autumn 2012 issue of our Perspectives newsletter highlights several interesting and important issues: • “Retain the Right Expert for Your Fire Case" is an editorial that discusses the issue of searching through the...more

Insurance Coverage Briefly -- Autumn 2012

The Autumn 2012 issue of our Perspectives newsletter highlights several interesting and important issues: • “Retain the Right Expert for Your Fire Case" is an editorial that discusses the issue of searching through the...more

Learning From Others’ Mistakes

The Autumn 2012 issue of our Perspectives newsletter highlights several interesting and important issues: • “Retain the Right Expert for Your Fire Case" is an editorial that discusses the issue of searching through the...more

Justifiable Delay of Notice of Claim: Burden of Proof of Prejudice on Insurers

The Autumn 2012 issue of our Perspectives newsletter highlights several interesting and important issues: • “Retain the Right Expert for Your Fire Case" is an editorial that discusses the issue of searching through the...more

Here is Something to Whistle About!- Reflections on the UBS Whistleblower - Tax Reduction and Deferral Strategies for Trial...

Over the last few weeks I have been diligently outlining tax planning strategies for trial attorneys with contingent fee income. These strategies have ranged from structured settlement arrangements using private placement...more

Tax Reduction and Deferral Strategies for Trial Attorneys – Part 5 : Structured Settlement Life Insurance – A Tax-Free...

In Part 5, I focus on the utility of the QSF from an investment funding perspective to illustrate how private placement life insurance can be used in a split dollar life insurance funding format in order to to create a...more

Trial attorney - Tax Planning Using PPLI and CLATs (Supplemental Presentation)

Part I of this series focused on tax reduction and deferral strategies for trial attorneys with contingent fee income using private placement variable deferred annuities in lieu of fixed annuities for structured...more

Tax Reduction and Deferral Strategies for Trial Attorneys – Part 2

Part I of this series focusing on tax reduction and deferral strategies for trial attorneys with contingent fee income examined the use of private placement variable deferred annuities in lieu of fixed annuities for...more

Tax Reduction and Deferral Strategies for Trial Attorneys - Part 1

Trial attorneys are extremely vulnerable to changing tax landscape which is quickly becoming hostile territory. As the Bush tax cuts are due to expire at the end of December 2012, the tax increases will further erode trial...more

Task Force on Disaster Preparedness and Response: A Stellar Inaugural Year

Originally published in The Brief, Volume 41, Number 4, Summer 2012. TIPS Chair Randy Aliment’s 2011–2012 theme is Disaster Preparedness and Response. The Disaster Preparedness and Response Task Force was formed in...more

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