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Commercial Insurance Policies Risk Management

Conyers

Captive Insurance in Bermuda

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Bermuda is the world’s leading domicile for captive insurance companies, with over 600 active captive licences on its register generating over US$24 billion in gross written premium. Having formed the first modern captive in...more

DarrowEverett LLP

Closing with Confidence: Representations and Warranties Insurance in M&A

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Representations and warranties insurance (RWI) has become an increasingly common feature in mergers and acquisitions (M&A) transactions, serving as a risk management tool for both buyers and sellers. RWI facilitates...more

Jones Day

Anticipating Artificial Insurer Defenses: Maximizing Insurance Coverage for AI Exposures

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The Situation: The global market for artificial intelligence ("AI") technologies is projected to surpass $1 trillion by 2030....more

Benesch

Staying in Your Lane on Vehicular Accident Liability

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Accidents on the roadways are an unfortunate reality in the transportation business.  Any carrier that has been in the business long enough, or that has reached a sizeable scale, experiences accidents despite a zealous...more

Jones Day

What About Your Suppliers? Insuring Against Climate Risks to Your Supply Chain

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More than 20 storms—11 of which will become hurricanes, and 5 of which will become Category 3 or greater hurricanes. That's one prediction for the Atlantic hurricane season. Not to worry, you say. Your operations are located...more

Lowenstein Sandler LLP

The ABCs of D&O Insurance

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On this episode of “Don’t Take No For an Answer,” host Eric Jesse speaks with Mike Richmond, executive vice president and shareholder at the Horton Group, about the ABCs of D&O insurance, including the three fundamental...more

Woodruff Sawyer

Looking Ahead: A Guide to Property & Casualty Risk Management and Insurance in 2024

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Inflation—both economic and social—continues to contribute to premium increases in the P&C insurance market, and rising reinsurance costs due to severe weather events have led to higher property insurance costs. However, we...more

Lowndes

Property Owner Considerations Around Electric Vehicle Bans

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The Canadian Broadcasting Corp. recently reported that Oberon Development Corp., a Toronto property management company and apartment project owner, banned the use and storage on its properties of electric vehicles like cars,...more

Ward and Smith, P.A.

Healthy Financial Planning: Factoring in the Rising Costs of Insurance Premiums

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As part of their financial planning and risk-management practices, business owners should regularly take stock of their insurance to ensure that they have the right types and amounts of coverage. In doing so, business owners...more

Woodruff Sawyer

Public D&O Insurance Pricing Trends: What Happened in 2022, Why, and Implications for 2023

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“What’s going on with D&O rates” is the question I am asked the most these days. “Things have gotten better” is my quick—and welcome—response. In this week’s D&O Notebook, Woodruff Sawyer Partner Munish Arora provides the...more

Carlton Fields

California District Court Finds Defendants’ Conduct Was Not Arbitrary and Capricious Under Administrative Procedure Act

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Citing the Administrative Procedure Act (APA), and recognizing the role of the district court in reviewing a final agency determination under the act, the U.S. District Court for the Northern District of California granted...more

McGlinchey Stafford

EPA Sets PFAS Enforcement Sights on Manufacturing Industry

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Perfluoroalkyl and polyfluoroalkyl substances (PFAS) are dominating the environmental health news cycles based on numerous studies which demonstrate their potential risks. The U.S. Environmental Protection Agency (EPA) is...more

Ward and Smith, P.A.

I am a Volunteer, so I am Protected, Right?: Understanding Director and Officer Liability Insurance for Community Associations

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Community associations ("Associations") act through their board members and officers, who are volunteers and are generally willing to serve because they care about their communities.  Notwithstanding their status as...more

Conyers

The Case for Captives in the Aviation Industry Is Stronger Than Ever

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In Rising insurance premium rates, limited capacity with commercial insurance carriers and a looming global recession made 2022 extremely challenging for aviation insurance buyers. In this environment, the aviation industry...more

Eversheds Sutherland (US) LLP

Cyber risk strategy: State-backed cyber attacks and trends in cyber policies and risk management

Lloyds Market Bulletin Y5381 - Back in March 2022, we detailed the significant risks to both insureds and insurers posed by unclear cyber insurance policy wordings, with a particular focus on war exclusion clauses in the...more

Woodruff Sawyer

Environmental Insurance: Can You Afford Not to Purchase It?

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Most real estate being bought, sold, and developed in the United States is not raw, virgin land. The significant majority has a history: agricultural, commercial, industrial, mixed use, residential, etc. ...more

Akerman LLP

The New NYDFS Cyber Insurance Risk Framework – Required Reading for Insurers and Insureds

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The New York Department of Financial Services ("NYDFS") recently released its Cyber Insurance Risk Framework (the “Framework”), which provides best practices for managing cyber insurance risk....more

Sheppard Mullin Richter & Hampton LLP

The Impact of COVID-19 on M&A Transactions - Part 1: Due Diligence and Operational Issues

The COVID-19 pandemic has caused severe disruption, distress and uncertainty for companies across almost every industry. While this initially resulted in a substantial slow-down in the M&A market, transactional activity is...more

Proskauer Rose LLP

Cyber Insurance Needs in the Pandemic Landscape

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While most of society struggles to flatten the curve, treat the sick and restart the economy, regrettably, some bad actors have used the COVID-19 emergency as an opportunity to exploit vulnerabilities for personal gain. One...more

Brooks Pierce

Potential Insurance Coverage For COVID-19 Losses

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As companies navigate the COVID-19 pandemic, they should take stock of existing insurance policies that may provide coverage for: • damages and losses suffered by the company, or • potential liability of the company... ...more

Williams Mullen

"An Ounce of Prevention is Worth a Pound of Cure" - Commercial Contracts in the Era of Coronavirus (COVID-19)

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With the spread of Coronavirus (COVID-19) in the United States, many of our clients are facing the mass cancellation of events and damaging service interruptions. This disruption can cripple one’s business, so clients are...more

Sheppard Mullin Richter & Hampton LLP

Insurance Considerations for Companies Impacted by Coronavirus

The World Health Organization has labelled novel coronavirus (COVID-19) a pandemic and the global number of confirmed cases of COVID-19 has surpassed 150,000. Companies suffering losses that they believe are attributable to...more

Polsinelli

COVID-19 and Its Growing Impact on Commercial Contracts: How Should Contracting Parties Respond?

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COVID-19 is causing a rapidly evolving public health crisis, and businesses face uncertainty about their commercial relationships. That uncertainty is raising questions about performance under contractual agreements that were...more

Whitman Legal Solutions, LLC

Paying for a Business' Additional Costs and Lost Revenue Due to Coronavirus

Last week, I received a now all too common email: We regret to inform you that [the concert you purchased tickets for] has been cancelled due to the most recent recommendations from health officials and state government...more

Eversheds Sutherland (US) LLP

New York Department of Financial Services issues guidance and request for preparedness plans related to COVID-19 due by April 9,...

On March 10, 2020, the New York Department of Financial Services (DFS) issued a letter to all DFS-regulated insurance entities providing guidance and requesting assurance that all regulated entities have preparedness plans to...more

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