News & Analysis as of

IFCA

Cozen O'Connor

Court Differentiates Vandalism from Theft in First Party Insurance Policy

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The United States District Court for the Western District of Washington decided an insurance coverage case involving Plaintiffs Benny and Guangying Cheung and Defendant Allstate Vehicle and Property Insurance Company. Cheung...more

Cozen O'Connor

Court Finds No Coverage for Loss Caused by Water Back Up Through a Storm Drain

Cozen O'Connor on

In Carrico v. Stillwater Ins. Co., 23-CV-349-RAJ, 2024 WL 308106 (W.D. Wash. Jan. 26, 2024), the Western District of Washington considered competing motions for partial summary judgment in a property damage case involving a...more

Fox Rothschild LLP

Procedural Considerations in Defending Title Insurers Against Extracontractual Claims in Washington State

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Bad faith, Insurance Fair Conduct Act (IFCA) and Consumer Protection Act (CPA) litigation continues to proliferate in Washington State, including litigation pertaining to title insurance claims. The stakes could not be higher...more

Miller Nash LLP

Livin’ on a Prayer (for Noneconomic Damages in a Coverage Dispute)

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Tommy, Bon Jovi fans know, is in trouble. From the opening lines of the song, “Livin’ on a Prayer,” we learn that things are so bad that Tommy’s got his six-string in hock. The song implies that Tommy is in straits because...more

Wiley Rein LLP

Claims under Illinois False Claims Act Not Uninsurable under Illinois Law

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The Northern District of Illinois has held that claims brought under the Illinois False Claims Act (“IFCA”) are not uninsurable as a matter of Illinois law. The insured, a telecommunications company with $2 million in...more

Weber Gallagher Simpson Stapleton Fires &...

Court Rules That Attorney Client Privilege Waived With Ghost Written Disclaimer Letter

Two courts recently held that a disclaimer drafted by an insurer’s in-house or outside counsel and sent from the adjuster may constitute a waiver of the attorney client privilege. ...more

White & Case LLP

Iran Threatens Partial JCPOA Suspension; US Imposes Sanctions on Certain Iranian Metals Sectors

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On May 8, 2019, following Iran's announcement that it intends to suspend certain nuclear proliferation-related commitments under the Joint Comprehensive Plan of Action (JCPOA), the United States issued a new Executive order...more

Jones Day

The Trump Administration Will Not Renew Iranian Oil Waivers

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Companies in the banking/financial, energy, logistics, and shipping sectors should assess their operations to mitigate sanctions compliance risks. On Monday, April 22, 2019, the Trump Administration announced that, in the...more

Pullman & Comley, LLC

Washington Weighs In On The Scope Of Insurance Regulators’ Authority

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In January, we reported that California’s Supreme Court had embraced a problematic approach to the state’s Unfair Insurance Practices Act—one that allows the Commissioner of Insurance to create new statutory torts by...more

Cozen O'Connor

Washington Supreme Court Limits “Insurance Fair Conduct Act” — Three Things Insurers Must Know

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On Groundhog Day 2017, the Washington Supreme Court issued its first major opinion interpreting the state’s 2007 “Insurance Fair Conduct Act” (IFCA). The decade-old legislation had caused shockwaves among insurers when its...more

Sheppard Mullin Richter & Hampton LLP

Implementation Day: Do the Rules Let You Play in the New Ballgame for Business in Iran?

After a twelve-year standoff that saw the United States and Europe ratchet up sanctions pressure on Iran, a diplomatic breakthrough has been reached. But robust trade between Iran and the West will not arise immediately,...more

Foley & Lardner LLP

New U.S. Sanctions Target Automotive Companies Doing Business in Iran

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On June 3, 2013, President Obama signed a new executive order expanding U.S. extraterritorial sanctions on Iran to multinational corporations that engage in significant financial or commercial transactions with the Iranian...more

Holland & Knight LLP

Expanded U.S. Sanctions on Iran Effective July 1, 2013

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President Obama has issued a new Executive Order that goes into effect July 1, 2013. The Executive Order targets new areas of the Iranian economy for sanctions, including exchange transactions involving Iranian Rials and...more

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