12/29/2021 4:56:30 PM Year in review: Reed Smith’s Insurance Recovery team highlights top insurance topics of 2021 By Jalen Brown Ashley Jordan At Reed Smith, we pride ourselves on forming true partnerships with our clients to find creative and unexpected solutions to the most...
12/16/2021 1:50:41 PM Labels, Shmabels: Recent Decisions Confirm No “Restitution / Disgorgement” Exclusion in Management Liability Policies By Kathryn Bayes Courtney Horrigan Ever since the Seventh Circuit’s 2001 decision in Level 3 Communications, Inc. v. Federal Insurance Co., 272 F.3d 908 (7th Cir. 2001),...
12/6/2021 11:17:44 PM End to long-running dispute over uninsurability under D&O insurance By Christopher Kuleba Matthew Weaver Putting an end to a 12-year-old dispute between J.P. Morgan Securities’ predecessor, Bear Stearns & Co., and several of its insurers, on...
11/30/2021 9:00:54 PM Employment-related practices exclusions and Biometric Information Privacy Act litigation By Andrew Barrios John Vishneski In West Bend Mutual Insurance Co. v. Krishna Schaumburg Tan, Inc., 2021 IL 125978, the Supreme Court of Illinois held that coverage...
11/10/2021 9:39:27 PM Insurance companies in run-off By Elizabeth Vieyra Timothy Law What is an insurance company “in run-off”? An insurance company is considered to be in run-off when it ceases selling new insurance...
10/22/2021 6:25:59 PM Music to my ears: Coverage considerations for musical instrument insurance (Part II of II) By John Vishneski Adrienne Kitchen Part II: exclusions, considerations, filing a claim, and tips This is the second part of a two-part blog series titled, “Music to my...
10/18/2021 10:06:36 PM Music to my ears: Coverage considerations for musical instrument insurance (Part I of II) By Adrienne Kitchen John Vishneski Part I: Policy options This is the first part of a two-part blog series titled, “Music to my ears: Insurance coverage for musical...
7/30/2021 8:11:40 PM Five COVID-19 business interruption appeals to keep an eye on By Ashley Jordan Jessica Gopiao More than a year has passed since COVID-19 first plagued the United States and impinged on the health of more than 34 million Americans....
6/29/2021 4:05:48 PM Consistency not a concern for insurers fighting COVID-19 business loss claims, but policyholders can take advantage of divergent coverage positions By David Weiss Adrienne Kitchen Andrew Barrios Under standard property policies, insurers are broadly claiming that the pollution exclusion applies to bar coverage for losses caused by...
2/3/2021 8:51:10 PM FCA v. Arch and others – The UK Supreme Court’s final word on business interruption insurance losses in light of the COVID-19 pandemic By Peter Hardy Margaret Campbell Mark Pring Laura-May Scott Catherine Lewis Emily McMahan Charlotte Stewart-Jones Thomas Morgan +5 more... Show less The United Kingdom Supreme Court (UKSC) handed down its judgment on 15 January 2021 in The Financial Conduct Authority v. Arch Insurance...