What You Need To Know In a Minute or Less - 2021 was an unprecedented year for mergers and acquisitions (M&A), with both the number of transactions and the dollar value of those deals hitting all-time highs....more
While the onset of a natural disaster is generally unpredictable, we can proactively prepare with mitigation efforts and emergency response procedures. As we experienced throughout 2020, and through present day, natural...more
While the onset of a natural disaster is generally unpredictable, we have become accustomed to bracing ourselves for the inevitable hurricane, tornado, flood, or wildfire. Preparation for business disruptions as a result of...more
9/10/2020
/ Acquisitions ,
Business Interruption ,
Business Losses ,
Disaster Preparedness ,
Force Majeure Clause ,
Hurricane Season ,
Infrastructure ,
Insurance Claims ,
Insurance Industry ,
Mergers ,
Natural Disasters ,
Property Damage ,
Property Insurance ,
Severe Weather ,
Wildfires
The COVID-19 pandemic has caused devastating financial losses for businesses across the country. Insurers have responded with reflexive denials of coverage. In response, a growing number of jurisdictions are considering...more
Cyber due diligence is quickly becoming the “new normal” for buyers in M&A transactions as they seek to protect themselves against cyber risk. Cyber due diligence, however, is only part of the solution. Many sophisticated...more
11/2/2018
/ Acquisitions ,
Best Practices ,
Change in Control ,
Claims Limitations Period ,
Cyber Attacks ,
Cyber Insurance ,
Cyber Threats ,
Cybersecurity ,
Data Breach ,
Data Privacy ,
Data Protection ,
Data Security ,
Denial of Insurance Coverage ,
Due Diligence ,
Insurance Contracts ,
Insurance Industry ,
Mergers ,
Policy Exclusions ,
Representations and Warranties ,
Retroactive Application ,
Risk Mitigation
In this first episode of OnRisk, K&L Gates partner, Jennifer Thiem, and Senior Managing Director at AON, Gary Blitz, discuss representations and warranties insurance, also known as “reps and warranties,” and the issues...more
A glance at any media outlet shows that cyber risk is pervasive and increasing, and that virtually no company is immune to a cyber incident. Almost all companies and associations collect and store some type of data, whether...more
This is the second episode in a three-part series on emergency preparedness and response in long-term care. Since natural disasters can result in monumental expenses for rebuilding facilities, it is important to understand...more
10/12/2017
/ Business Interruption ,
Causation ,
Civil Authority Coverage ,
Commercial Insurance Policies ,
Disaster Preparedness ,
Emergency Response ,
Failure to Mitigate ,
First-Party Coverage ,
Flood Insurance ,
Infrastructure ,
Ingress/Egress ,
Long Term Care Facilities ,
Long-Term Care ,
Policy Exclusions ,
Proof of Loss ,
Property Damage ,
Property Insurance ,
Senior Housing
This hurricane season represents the first time in the history of record keeping that two Category 4 or higher hurricanes, Harvey and Irma, have struck the U.S. mainland in the same year. Within a month, Hurricanes Harvey and...more
9/20/2017
/ Business Interruption ,
Flood Insurance ,
Hurricane Harvey ,
Hurricane Irma ,
Hurricane Maria ,
Hurricane Season ,
Insurance Claims ,
Insurance Industry ,
Natural Disasters ,
Property Damage ,
Severe Weather
Hurricane Matthew hammered the south eastern United States from October 6 through October 9, before finally veering off into the Atlantic. Matthew devastated parts of Florida, Georgia, South Carolina, and North Carolina...more