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Insurance Relief for Riot-Impacted Businesses

Well-reported incidents of rioting nationwide have resulted in extensive damage to business premises, inventory and other property. In addition, government-instituted curfews or shutdown orders have interrupted businesses,...more

Policyholders Must Give Timely Notice to Preserve COVID-19 Business Interruption Claims

It is approaching two months since state and local governments began to issue orders requiring businesses deemed non-essential to close. As noted in McGuireWoods’ prior alerts, commercial property policies may afford business...more

One Decision – Two Bad Precedents for Virginia Claimants

The Fourth Circuit Restricts the Meaning of Direct Actions for purposes of Diversity Jurisdiction and Limits the Application of a Virginia Statute Meant to Protect Claimants when a Policyholder Fails to Provide Notice of a...more

Insuring Automated Vehicles – A Critique of Travelers’ Institute White Paper

Introduction - Autonomous vehicles (“AVs”) are constantly in the news. A range of technology companies, such as Google and Uber, as well as automotive manufacturers, are leading the development of vehicles with autonomous...more

Friday’s Massive Malware Attack – Cyber Insurance and the Importance of IMMEDIATE Notice to Insurers

On Friday, May 12, 2017, a massive ransomware attack swept across the globe. As of the date of this post, the attack reportedly had infected more than 100,000 organizations in 150 countries. The attack continues to propagate...more

Law School Wins First Round in Fight Under EPLI Policy

Claims-made issues are often complicated in employment practices liability insurance (EPLI) cases because of the nature of discrimination claims. As a prerequisite to filing suit, a claimant must first submit a charge to the...more

8th Circuit: Financial Institution Bond Provides Coverage for Fraudulent Wire Transfers

With policyholders facing increased losses from hacking and business email compromise, insurers are fighting hard to escape their obligations under financial institution bonds, crime policies and cyber insurance policies. In...more

Arizona Court Rules That Chubb Cyber Policy Does Not Cover Credit Card Theft Losses

As cyber attacks increase at an unprecedented pace, more and more businesses are purchasing cyber insurance to protect against that risk. The insurance industry now faces an avalanche of claims, and those claims now are...more

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