INSURANCE LAW BLOG

Tag Archives: insurance recovery

Since 2009, enforcement of FCPA actions has significantly increased.  The Department of Justice has convicted over 50 individuals, and companies have paid approximately $3 billion in fines and penalties.  Government contractors are a prime target for FCPA actions given their … Continue reading

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Tags:    FCPA, insurance coverage, insurance recovery, Strategic risk management

In a highly anticipated ruling earlier this month, the Texas Supreme Court rejected Amerisure Insurance Company’s attempt to radically expand the scope of a common exclusion for liability assumed by contract found in many comprehensive general liability insurance policies.  See … Continue reading

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Tags:    insurance, insurance coverage, insurance recovery

If an insured faces liability that demonstrably exceeds the limits of underlying insurance, can an excess insurer avoid its coverage obligations because underlying insurers have not actually paid their limits of liability?  Common sense says no.  But insurance industry bloggers, … Continue reading

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Tags:    insurance, insurance coverage, insurance recovery

Insurers frequently attempt to avoid their coverage obligations by contending that their insureds provided late notice of claims or occurrences.

Most jurisdictions follow the commonsense rule that insurers cannot defeat coverage based on allegedly late notice unless they demonstrate that … Continue reading

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Tags:    insurance coverage, insurance recovery

Imagine for a moment that you have two customers, Diane and George. Diane and George each owe you money for products they have purchased.  Each of them raises some concerns about the bill.  Being a wise business owner, you assess … Continue reading

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Tags:    insurance, insurance coverage, insurance recovery

On February 12, 2013, President Obama issued an executive order detailing his plan to improve critical infrastructure cybersecurity. [1]  See Executive Order – Improving Critical Infrastructure Cybersecurity, http://www.whitehouse.gov/the-press-office/2013/02/12/executive-order-improving-critical-infrastructure-cybersecurity (February 12, 2013).  In the Executive Order, President Obama notes that it … Continue reading

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Tags:    insurance, insurance coverage, insurance recovery, Risk management

Comprehensive general liability policies limit the amount the insurer has to pay for each “occurrence”, which is typically defined as an “accident” or “exposure to [injurious] conditions”.  Insurers and policyholders frequently battle over the number of occurrences that result from … Continue reading

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Tags:    insurance coverage, insurance recovery

Last year, we wrote an article published in the Corporate Counselor that discussed the coverage consequences of business interruptions caused by unprecedented flooding of the Mississippi River.  In the article, we discussed the fact that the flooding could cause supply … Continue reading

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Tags:    business interruption, insurance coverage, insurance recovery