Sam Bankman-Fried’s criminal trial started this week; and on the same day, he sued one of his director & officer insurers. And a lot of people are asking, why? Is the timing a coincidence or on purpose? Shouldn’t he be...more
10/6/2023
/ Bad Faith ,
Commercial General Liability Policies ,
Commercial Insurance Policies ,
Criminal Prosecution ,
D&O Insurance ,
Defense Costs ,
Financial Fraud ,
Fraud ,
Insurance Industry ,
Legal Fees ,
Policy Exclusions ,
Self-Dealing
Companies in the United States continue to file business interruption lawsuits against their insurers for claims arising from state and local government shutdown orders in response to the COVID-19 pandemic. At least 1,250...more
10/27/2020
/ Business Interruption ,
Civil Authority Coverage ,
Commercial Insurance Policies ,
Commercial Property Owners ,
Coronavirus/COVID-19 ,
Corporate Counsel ,
Infectious Diseases ,
Insurance Industry ,
Insurance Litigation ,
Loss Coverage ,
Policy Exclusions ,
Property Insurance
When things are going well, insurance coverage, workers’ compensation and OSHA compliance may not be front-burner issues for companies. But in the COVID-19 environment, such “rainy day” topics are top of mind concerns of...more
As more and more businesses are impacted, meetings and events are cancelled, projects are halted, and operations are closed in response to the unprecedented effects of COVID-19, the issue of potential insurance coverage has...more
Businesses in Charlotte, North Carolina will most likely be covered by property insurance for damage caused by protesters. Additionally, some may be able to recover lost business income.
Over the last two evenings,...more