News & Analysis as of

Supply Chain Insurance Industry

Morgan Lewis

Baltimore Bridge Collapse: Key Insurance Considerations for Impacted Businesses

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The catastrophic collapse of the Baltimore Francis Scott Key Bridge resulted in the tragic loss of life, severed part of Interstate 695, and shut down one of the busiest ports in the United States. The disaster could become...more

Pillsbury Winthrop Shaw Pittman LLP

Baltimore’s Tragic Bridge Collapse May Lead to Coverage under Commercial Policies

Commercial property policies typically include a wide range of coverage extensions, including “contingent” coverages that apply even when the policyholder’s own property is not physically damaged. Even if you have not yet...more

Ankura

Protect Your Company Through Accurate and Timely Business Interruption Insurance Values and Exposure Analysis

Ankura on

In an environment with persistent supply chain disruptions, price escalations, cyber-attacks, and natural disasters, businesses are facing risks that are more difficult to avoid. Financial losses resulting from a business...more

Foley & Lardner LLP

Simultaneous Obstructions to the Suez and Panama Canals Threaten the Global Supply Chain

Foley & Lardner LLP on

The Suez Canal and Panama Canal connect critical international trade and supply chains across continents. The Suez Canal (completed in 1869) routes ships between Europe and Asia directly linking the Red Sea and the...more

ArentFox Schiff

Eight Issues That Will Impact the Hospitality Industry in 2024

ArentFox Schiff on

After seemingly bouncing back from the challenges posed by the COVID-19 pandemic and related labor, supply chain, and governmental mandate issues, the hospitality industry experienced a year of volatility in 2023, with...more

Lowenstein Sandler LLP

Policyholders Beware: Maximizing Commercial Property & Casualty Insurance in a Steadily Hardening Market

Lowenstein Sandler LLP on

Today, Eric Jesse and Heather Weaver of Lowenstein Sandler's Insurance Recovery Group sit down with executives from two major insurance brokerage firms: Josh Weisberg, Chief Risk Officer at SterlingRisk, and Brad Barron,...more

Hinshaw & Culbertson - Environmental, Social,...

ESG Business Insights - September 2023

Environmental, Social, and Governance (ESG) issues are not new but are more relevant than ever. To help you cut through the noise around ESG and determine not only what your business needs to do but also what your business...more

Foley Hoag LLP

CFIUS Year in Review

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CFIUS reviewed a record number of transactions in 2021 according to its most recent annual report – and shows no signs of slowing down. High technology (including quantum computing), life sciences, and green energy...more

Kohrman Jackson & Krantz LLP

Insurance Limits, Inflation, and Skyrocketing Replacement Costs

Unexpected inflation and increasing replacement costs could combine to present an unpleasant surprise to your expectations for property insurance coverage in a time of need. Many tend to think of real estate properties as...more

Foley & Lardner LLP

Going the Distance: Managing Freight Costs and Delivery Delays in 2022

Foley & Lardner LLP on

Due to the ongoing global supply chain crisis, companies face an uphill battle managing supply chain-related issues. On one front, companies are encountering frequent and extensive shipment and delivery delays. Information...more

Rivkin Radler LLP

Insurance Update - May 18 2022

Rivkin Radler LLP on

You’ll find some notable decisions in our May Insurance Update. Appeals over pandemic-related business interruption losses have made their way up to state high courts. And so far, these courts have continued the trend...more

J.S. Held

Forensic Accounting in Marine Claims & Cargo Losses

J.S. Held on

Since the COVID-19 pandemic began, the logistical challenges, delays, and risks to the global marine supply chain have been well documented on both TV and the internet. While ships continue to sit at ports for extended...more

Kelley Drye & Warren LLP

Insurance Recovery for the Supply Chain Crunch

As the world economy continues its rapid but unpredictable rebound from the COVID-19 pandemic, record shortages and shipping delays due to global supply chain issues have become commonplace. If your business has experienced...more

Lowenstein Sandler LLP

Insurance Recovery After Severe Weather

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While the 2021 hurricane season is not officially over yet, catastrophic weather events including Hurricanes Ida, Henri and Nicholas have already caused substantial damage, bringing record-breaking rainfall and flooding....more

Cooley LLP

Alert: Supply Chain Finance and Trade Credit Insurance in Spotlight

Cooley LLP on

As struggling companies continue to look for liquidity amid the COVID-19 pandemic, many have turned to supply chain financing (SCF) solutions to shore up their balance sheets and to mitigate risk. SCF is a financial...more

Bradley Arant Boult Cummings LLP

New Cyber Insurance Risk Framework Provides Best Practices for the Insurance Industry

The cyber insurance market size is currently valued in the billions, and this does not include insurance policies that do not explicitly mention cyber incidents but may nevertheless cover them. With this in mind,...more

Pillsbury Winthrop Shaw Pittman LLP

Texas Winter Storms: Evaluating Business Interruption Claims Following a Large-Scale Disaster

Responding to the Texas Winter Storm Crisis: Issue 2—Winter storms and wide-area events like the one that recently devastated Texas leave behind challenging questions about business interruption insurance coverage. ...more

Bradley Arant Boult Cummings LLP

11 Legal Considerations When Starting a Hemp Business in Mississippi

Now that Mississippi has enacted legislation legalizing the cultivation of hemp, you want to start a hemp company. You have your big idea and a business plan ready, but you begin to wonder whether you should be thinking about...more

White and Williams LLP

From Both Sides Now: Looking at Contracts Through a Post-Pandemic Lens

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A little over a year ago, I wrote a blog post about the danger of relying on precedent. Now, more than ever, clients and their advisors need to revisit contract forms on which they may have been relying for years. While many...more

Chambliss, Bahner & Stophel, P.C.

Protecting Your Business from Liability for COVID-19 Transmission

As businesses continue to evaluate current operations and how they will modify them as shelter-in-place orders are lifted and employees and customers return, it is important for each business to anticipate potential COVID-19...more

Buchalter

Buchalter Client Alert COVID-19: Opposite Sides of the Table: Restaurants Seek Recovery From Insurers for Business Interruption in...

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As COVID-19 cases have continued to spread across the country resulting in government-issued “shelter in place” orders, few industries have felt the impact as swiftly and deeply as the restaurant industry. Indeed, such...more

Farella Braun + Martel LLP

[Webinar] Business Interruption Coverage for the Coronavirus - March 31st, 10:00 am - 11:00 am PT

The coronavirus (COVID-19) has disrupted the economy and caused significant losses for businesses large and small. Commercial property insurance policies typically include business interruption coverage. It is critical that...more

Butler Snow LLP

Insurance Issues with Coronavirus

Butler Snow LLP on

As the health crisis continues, one issue that companies will likely face is the issue of renewing their insurance. In any bear market, the lack of liquidity can drive the insurance market ‘hard,’ making it more difficult to...more

White and Williams LLP

NYDFS Mandate to Insurers Re COVID-19: Explain Your Business Interruption Coverage Now

White and Williams LLP on

Last week, in wake of anticipated losses from COVID-19 (coronavirus), the New York State Department of Financial Services (NYDFS) issued instructions mandating all property/casualty insurers "to provide certain information...more

Pillsbury - Policyholder Pulse blog

Coronavirus Update – Are You Covered?

In January, we were among the first to post on the insurance implications of coronavirus. Since then, the epidemic has landed on our shores, dragged down the stock market, and become a political football. It has affected...more

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