By Steven A. Meyerowitz | August 2, 2017
A Manhattan court has refused to dismiss an insured's lawsuit against his insurance carrier as untimely, finding both of his insurance policies unclear as to the time by which he had to file a lawsuit.
By Andrew Denney | July 27, 2017
The legal landscape for insurance coverage for business email scams remains unsettled, but a recent decision from a Manhattan judge ordering an insurer to cover $4.8 million in losses for a company that fell victim to a "spoofing" scam may give plaintiffs a new weapon in coverage disputes.
By By Howard B. Epstein and Theodore A. Keyes | July 24, 2017
In their Corporate Insurance Law column, Howard Epstein and Theodore Keyes discuss 'Kokesh v. SEC,' where the U.S. Supreme Court held that the SEC's use of disgorgement of profits as a remedy in an enforcement action constitutes a penalty that is subject to the federal five-year statute of limitations. They write: The question at issue for the Kokesh court was whether SEC disgorgement is a penalty. The question for the insurance community is whether it is insurable. The question for us is whether these two issues may overlap.
By Jonathan A. Dachs | July 18, 2017
Insurance Law columnist Jonathan A. Dachs reports on recent legislative and regulatory amendments pertaining to "transportation network companies," such as Uber, Lyft, Gett, and the like, which include amendments to the SUM Endorsement set forth in Regulation 35-D.
By Meghan Tribe | July 17, 2017
The Vocke Law Group, a small financial services and insurance firm founded late last year by former General Re Corp. general counsel Damon Vocke, has made its first new additions by bringing on two lawyers for its office in Stamford, Connecticut.
By Josefa Velasquez | July 12, 2017
Insurance agents and brokers whose state licenses have expired can now apply for re-licensing online rather than go through the old paper system, the New York State Department of Financial Services announced last week.
By newyorklawjournal | New York Law Journal | July 7, 2017
No Disclaimer of Insurance Coverage Needed As Policy Was Not Meant to Cover Accident
By Michael Booth | July 7, 2017
An Eastern District magistrate judge has ordered the distribution of $5 million in insurance coverage to the families of three people who died and to 42 others who were injured when their tour bus overturned in Delaware.
By newyorklawjournal | New York Law Journal | July 6, 2017
Parties' Conflicting Testimony Fails to Eliminate Fact Issues, Precluding Summary Judgment
By Joseph D. Nohavicka | July 6, 2017
Joseph D. Nohavicka writes: In 2015, when the First Department handed down its decision in 'Burlington Insurance Company v. NYC Transit Authority', insurance law mavens noted that the court was continuing on a course of expansion of additional insured coverage. Recently, that course of expansion has reached its terminus at the Court of Appeals, which reversed the First Department by rejecting the argument that any additional insured obligation is owed under the language of the 'Burlington' endorsement at issue when the named insured is without fault.
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