When the National Weather Service names a storm heading in your direction, you know to expect wind and water. This can create a quandary for property insurers. Is water damage from a named windstorm caused by the flood or the...more
2/28/2020
/ All-Risks Insurance ,
Denial of Insurance Coverage ,
Flood Insurance ,
Flooding ,
Hurricane Sandy ,
Insurance Claims ,
Insurance Litigation ,
Lloyds of London ,
Mass Transit ,
Natural Disasters ,
Policy Limits ,
Policy Terms ,
Property Damage ,
Property Insurance ,
Severe Weather ,
Water Damage
Coverage disputes often come down to the interplay between endorsements and the body of the policy. But this tension is not limited to terms addressing coverage. It can also extend to areas such as dispute resolution. ...more
Third-party liability policies often include aggregation clauses. As the name suggests, these clauses aggregate “related claims” or “interrelated wrongful acts” into one claim or occurrence....more
12/4/2018
/ Aggregation Rules ,
Denial of Insurance Coverage ,
Insurance Claims ,
Insurance Litigation ,
Investigations ,
Occurrence ,
Policy Terms ,
Professional Liability Insurance ,
Securities and Exchange Commission (SEC) ,
Third-Party Liability ,
Wrongful Acts
Insurance carriers and policyholders often argue about the scope of policy provisions. Generally, policyholders take an expansive view of insuring agreements, while carriers often construe them more narrowly. But not all...more
Claims under the Telephone Consumer Protection Act (TCPA) present numerous issues for insurance companies and policyholders. Because TCPA claims lend themselves to class action suits, the potential exposure can be...more
11/8/2017
/ Basketball ,
Class Action ,
Denial of Insurance Coverage ,
Insurance Industry ,
Insurance Litigation ,
Invasion of Privacy ,
Policy Exclusions ,
Policy Terms ,
Sports ,
TCPA ,
Text Messages
Claims-made policies often cover acts that occur before a policy period, so long as they result in a covered claim during the policy period. This is a fundamental difference between claims-made and occurrence policies. But...more