By Jane Wester | April 25, 2024
U.S. Magistrate Judge Ona Wang made her findings in a report and recommendation unsealed Tuesday.
By Brian Lee | April 10, 2024
Noel Francisco, a former U.S. solicitor general, and partner-in-charge at Jones Day's Washington, D.C. office is set to argue on behalf of the coalition, while New York Assistant Solicitor General Laura Etlinger will argue for the New York State Department of Financial Services' 2017 regulation.
By Emily Saul | April 9, 2024
The decision from Manhattan Supreme Court Judge Andrea Masley, of the Commercial Division, is a win for Bermuda-based insurance holding company James River Group Holdings. James River is represented by Debevoise & Plimpton.
New York Law Journal | Analysis
By Linton Mann III and William T. Russell Jr. | March 19, 2024
The Court of Appeals recently clarified that insurance policies providing coverage for "direct physical loss or damage" to an insured's premises do not apply to business interruption losses sustained as a result of COVID-19 absent some actual, material alteration to those premises or a complete and persistent dispossession from the premises.
New York Law Journal | Analysis
By Michael A. Sirignano and Sean Gorton | March 7, 2024
The final two defendants in 'United States v. Pierre' pled guilty to charges stemming from their involvement in an insurance fraud scheme. Pending sentencing, the guilty pleas conclude a two-year prosecution that exposed a scheme to hijack New York's no-fault insurance system for personal profit.
New York Law Journal | Analysis
By Mark A. Berman | March 4, 2024
Given the prevalence of spoofing, phishing, hacking and ransomware attacks, all businesses need to have appropriate cybersecurity insurance. But, will it cover you when the attack hits and for what? Sometimes yes, sometimes no and sometimes maybe!
By Brian Lee | February 15, 2024
The Court of Appeals had been charged with answering whether "the actual, suspected, or threatened presence of COVID-19″ in the restaurants had caused direct physical loss or damage.
By Brian Lee | February 7, 2024
A law firm monitoring the regulation said the proposed rules are "comprehensive," even though "scaled back" from a previous version.
By Emily Saul | December 19, 2023
The self-described "retired" jewel thief, who was once part of an international heist network known as the Pink Panthers, agreed to sit for a deposition out of revenge.
By Emily Saul | December 18, 2023
Chubb-affiliated insurance companies sued in June, seeking to limit their coverage obligations. But Manhattan Supreme Court Justice Suzanne Adams on Dec. 15 dismissed the lawsuit, stating it was "obvious" the claims were covered under the insurance policies.
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