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May 11, 2020 | Daily Report Online

Tort Reform Capping Nuclear Insurance Verdicts Stymied by COVID-19

After years of back-and-forth efforts by tort reformers and their plaintiffs bar foes, lawyers on both sides say the battles may not be as compelling for lawmakers and the public.
10 minute read
April 03, 2020 | New York Law Journal

COVID-19 and Business Interruption Insurance: Insureds Face Potential Roadblocks to Coverage

As these legal issues begin to wind themselves through the courts, businesses should take necessary steps to reserve their rights, but should not rely on the immediate payment of insurance proceeds during these difficult times.
8 minute read
March 27, 2020 | National Law Journal

'It's Going to Be Extraordinary': Predictions and Advice From Neil Barofsky for Coronavirus Recovery Oversight

"The potential number of companies or recipients is vast, to put it mildly, which makes certain things more important and certain things very different," Jenner' & Block's Neil Barofsky, former special inspector general under the Troubled Asset Relief Program, says. "It's going to be extraordinarily important what processes and procedures surround the determination of who gets money and who doesn't."
11 minute read
March 23, 2020 | The Legal Intelligencer

Social Inflation's Impact on the Insurance Industry

In his 1977 Chairman's letter to stockholders, Berkshire Hathaway CEO Warren Buffett advised that costs in the insurance sector were expected to rise. One reason he offered was "social inflation" which he described as "a broadening definition by society and juries of what is covered by insurance policies."
8 minute read
February 10, 2020 | National Law Journal

When Must the U.S. Pay Legal Fees? A Vietnam Vet Turns to the Supreme Court

A judge on the U.S. Court of Appeals for the Federal Circuit said Alfred Procopio's case was the very sort of dispute Congress had in mind in the Equal Access to Justice Act. "The government's position here was plainly wrong," the judge said.
7 minute read
December 19, 2019 | Daily Report Online

Alston & Bird Liable for $4.7M in Legal Malpractice Case

Alston & Bird attempted to shift blame to an accounting firm, which was not a defendant at trial.
4 minute read
December 17, 2019 | The Recorder

Could This Firm's Insurance Against Partner Exits Work for Others?

The unusual move by the firm now known as Buckley may not be a good fit for everyone, but it introduces an approach worth considering.
5 minute read
November 08, 2019 | New York Law Journal

Coverage Issues To Consider in Wake of Child Victims Act

The New York State Child Victims Act dramatically expanded the universe of claimants for which liability insurers—in particular historical commercial general liability and insurers issuing claims-made E&O policies—will be asked to pay defense and indemnity costs.
7 minute read
October 03, 2019 | The Recorder

Mercury Insurance Settles Decades-Long Fight with California Department of Insurance

Mercury Insurance Company has agreed to pay $41,188,505 to California, ending a two-decades long legal fight with the California Department of Insurance.
3 minute read
August 06, 2019 | Daily Business Review

Eroding Insurance Policies: As Time Passes, Policyholders Lose Out

As litigators for all sides continue to zealously advocate on behalf of their clients and time passes, the amount of insurance available to those who were affected by the horrifying incident—the FIU-Sweetwater University pedestrian bridge collapsed—will dwindle due to eroding insurance policies.
6 minute read

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