INSURANCE LAW BLOG

Tag Archives: insurance

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

...

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

...

Tags:    insurance, 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

...

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

...

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

Superstorm Sandy wreaked havoc across the Eastern Seaboard and is predicted to be one of the costliest natural disasters in U.S. history.  New York’s Governor Cuomo estimates that the storm may have had a $50 billion impact on the northeastern … Continue reading

...

Tags:    hurricane sandy, insurance, insurance coverage, insurance recovery, Superstorm Sandy

Hurricane Sandy was a major event that caused companies in all sectors to incur direct property damage and massive losses because of interrupted business operations.  The direct costs of the storm have been estimated at as much as $20 billion … Continue reading

...

Tags:    business interruption, contingent business interruption, hurricane sandy, insurance, insurance recovery, property damage

Insurance coverage may be available for companies both within and outside of the directly-affected area.

Superstorm Sandy no doubt will go down in history as one of the Nation’s most costly natural disasters.  Some experts already have estimated that property … Continue reading

...

Tags:    business interruption, contingent business interruption, hurricane sandy, insurance, insurance recovery, property damage