9/2/2025 5:42:04 PM Billions at Stake: The Growing Financial Impact of Operational Technology Cyber Risk By Emily McMahan Laura-May Scott The 2025 Operational Technology Security Financial Risk Report issued this month by Dragos in collaboration with Marsh McLennan provides...
8/22/2025 3:44:18 PM Court of Appeal Clarifies War Risks Policy Exclusions and the Duty of Fair Presentation By Thomas Morgan Mark Pring In a victory for policyholders, the Court of Appeal’s decision in Delos Shipholding SA & Ors v Allianz Global Corporate and Specialty SE...
7/8/2025 2:29:20 PM Navigating Uncertainty: The Iran-Israel conflict, emerging risks and insurance implications By Peter Hardy Laura-May Scott Emerging risks In the current geopolitical environment, the conflict involving Iran presents risks that reverberate far beyond the...
7/1/2025 3:36:19 PM Navigating cyber risk By Eleanor Ruiz Reed Smith recently attended the Airmic Annual Conference 2025 in Liverpool as a Marketplace Partner and, in the wake of a series of...
6/5/2025 9:17:26 PM California launches task force to standardize smoke damage claims and remediation By Jessica Gopiao Amber Finch Addressing a growing challenge In response to the increasing severity and complexity of wildfire smoke damage across California, the...
5/22/2025 4:02:24 PM A recent bankruptcy case demonstrates the increasing risks- and expectations- around cyber incidents By Russell Squire Andy Moss Cyber incidents can pose a threat to any business. A recent bankruptcy case, In re Jerico Pictures, Inc., d/b/a National Public Data...
3/21/2025 5:10:46 PM Presumptions of defense cost reasonableness can benefit policyholders By Stanley Nardoni An insurer that breaches a duty to defend its insured for a lawsuit will typically be held liable for the expenses the insured “incurred...
3/14/2025 9:50:54 PM California Insurance Commissioner Bulletin Adds Guidance on Smoke Damage Claims By Jessica Gopiao David Weiss On March 7, 2025, the California Department of Insurance issued Bulletin 2025-7, which provides crucial guidance on the handling of smoke...
3/14/2025 3:27:59 PM Court of Appeal clarity on CAR policy interpretation: Sky v Riverstone [2024] By Eleanor Ruiz Chris Lally In its judgment in Sky UK Ltd v Riverstone Managing Agency Ltd [2024] EWCA Civ 1567 the Court of Appeal has provided welcome...
2/25/2025 4:57:29 PM Conditions to Coverage May Be More Conditional Than You Thought By Max Louik Alexa Austin Conditions Precedent to Coverage Insurance policies typically are subject to certain conditions precedent to coverage. As the name...
1/31/2025 4:59:37 PM Where there’s smoke there can be coverage. CA Federal Judge Weighs In. By David Weiss Hugh Lumpkin Jessica Gopiao Introduction Judge Corley’s (N.D. Cal.) January 10, 2025 decision in Bottega, LLC v. National Surety Corporation provides guidance for...
1/23/2025 5:23:17 PM The Commercial Court finds in favour of policyholder/its captive insurer on anti-suit injunction and jurisdiction challenge By Mark Pring Catherine Lewis Thomas Morgan Daniel Sahraee +1 more... Show less Reed Smith represented Tyson International Company Limited in obtaining a permanent anti-suit injunction against London market reinsurer,...
1/22/2025 7:17:29 PM Key California insurance laws passed after previous major wildfires now play crucial role in ongoing L.A. wildfire crisis By Nicholas Insua Garrett Nemeroff Kya Coletta Amber Finch +1 more... Show less In the midst of the devastating and ongoing Los Angeles wildfires, on January 9, 2025, Insurance Commissioner Ricardo Lara issued the...
1/9/2025 5:25:57 PM Navigating Property Fire Insurance Claims Amidst the Los Angeles Fires By Amber Finch Cristina Shea Jessica Gopiao The wildfires in Los Angeles, including the Palisades, Eaton, Hurst, and Runyon Canyon fires, are fast-moving, destructive, and scary. As...
12/5/2024 4:36:38 PM Court of Appeal finds that Covid-19 was a “catastrophe” By Mark Pring Thomas Morgan This autumn, the Court of Appeal of England and Wales handed down judgment in UnipolSai Assicurazioni SpA v Covéa Insurance Plc [2024]...
12/2/2024 5:00:35 PM Insurers Explore New AI Coverage Options, Potentially Filling Coverage Gaps for Policyholders Developing Generative AI By Cristina Shea Stephanie Gee Elizabeth Taylor Today, generative AI (“Gen AI”) is one of the world’s fastest growing technologies, with businesses around the globe developing, adopting...