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
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
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