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The post Motion to Dismiss Denied Regarding Insureds’ Claim For Collapse appeared first on FX FOREX.
Reporting claims in a timely manner is critical for any professional liability insurance coverage – E&O, D&O, EPL and Cyber Risk. What constitutes a claim varies by policy and can, in some instances, be construed broadly. (See our Prior Posts: here, here, here, here, here) A recent article discusses claim reporting and failure to report. Entitled Malpractice: Failure to Report Client’s Claim at Professional Liability Matters, the article makes some excellent points on claim reporting, and then focuses on an attorney’s sometimes obligation to report a claim on behalf of a client. Key points: In the first line of the article: There is no upside in failing to report a claim Taking a wait and see approach to a claim…
Specialty Insurance Blog
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The post Court Agrees to Stay Coverage Matter While Underlying State Action is Pending appeared first on FX FOREX.
The post Damages in First Trial Establishing Liability of Tortfeasor Binding in Bad Faith Trial Against Insurer appeared first on FX FOREX.
The post No Occurrence Found for Damage to Home Caused by Settling appeared first on FX FOREX.
The post Insurance Coverage Litigation Section to Present at Hawaii State Bar Convention appeared first on FX FOREX.
The post Coverage Denied for Insured’s Defective Product appeared first on FX FOREX.
The post Insurer in Bad Faith For Refusing to Commit to Appraisal appeared first on FX FOREX.
The post Coverage Denied for Faulty Blasting and Improper Fill appeared first on FX FOREX.
The post Denial of Claim for Concealment or Fraud Reversed by Sixth Circuit appeared first on FX FOREX.
The post No Coverage Based Upon Your Prior Work Exclusion appeared first on FX FOREX.
The post Exception to Watercraft Exclusion Does Not Apply appeared first on FX FOREX.
The post Illinois Law Bars Coverage for Construction Defects in Insured’s Work appeared first on FX FOREX.
A victim of a Cyber Theft lost $ 327,000 and is proceeding with a lawsuit against their bank. See Krebs on Security (here) for information on the breach, the mechanics the thieves used and the legal arguments that might be used in the suit. Also see here and here for additional information. It will be interesting to see the outcome, but in prior actions victims have not been successful when the cyber thieves gained access to the bank accounts using the victims stolen login credentials. This situation may be complicated by the bank’s actions. Insurance can be an effective protection against Cyber theft, including both traditional crime policies (with the proper coverage extensions) and some Cyber Risk insurance policies. (See prior…
Specialty Insurance Blog
The post Cyber Theft – Who Pays? appeared first on FX FOREX.
The post Court Sorts Out Defense Obligations of Mutiple Carriers appeared first on FX FOREX.
The post Insured Entitled to Defense After Posting Medical Records Online appeared first on FX FOREX.
The post Drowning of Two Boys Constitutes One Occurrence appeared first on FX FOREX.
The post Excess Must Defend After Primary Improperly Refuses to Do So appeared first on FX FOREX.
The post Eighth Circuit Rejects Retroactive Application of Construction Defect Legislation appeared first on FX FOREX.
The post Water Seepage, Ensuing Mold Damage Covered by Homeowner’s Policy appeared first on FX FOREX.