Jean-Paul Rudd | Adams & Adams A recent decision from the Southern District of New York offers valuable perspective on the procedures and obligations that arise when an insurer defends a claim under a reservation of rights. Background The case involved a professional negligence action against an attorney, following an alleged failure to sue all… Continue reading Defending Under A Reservation Of Rights: Practical Insights For Insurers From The US
Month: June 2025
Hard Costs vs. Soft Costs in Builder’s Risk Insurance Policies: A Legal and Practical Guide for Insurance Professionals
Robert Trautmann | Weber Gallagher Simpson Stapleton Fires & Newby Builder’s risk insurance is a cornerstone of effective risk management in the construction industry. It offers protection against a variety of physical and financial risks that can impede the successful and timely completion of a construction project. Among the most critical concepts within builder’s risk… Continue reading Hard Costs vs. Soft Costs in Builder’s Risk Insurance Policies: A Legal and Practical Guide for Insurance Professionals
When Delays Cost More Than Time: Understanding Consequential Damages
Matthew DeVries | Best Practices Construction Law When I draft and negotiate construction contracts—whether representing contractors, subcontractors, or owners—there’s always one provision that seems to get special attention: the waiver of consequential damages. For good reason. It can significantly impact both parties’ exposure if things go sideways on a project. So what are “consequential damages,”… Continue reading When Delays Cost More Than Time: Understanding Consequential Damages
Artificial Intelligence in Mediation: Risks and Opportunities in Dispute Resolution
Dr. Giovanna Del Bene | Thinx Technology is radically transforming many areas of our daily lives, and the legal sector is no exception. Among the most promising innovations in this field stands out the application of artificial intelligence (AI) and predictive justice. AI is not only improving the efficiency of the legal system but also… Continue reading Artificial Intelligence in Mediation: Risks and Opportunities in Dispute Resolution
Allocation of Losses in Complex Insurance Coverage Claims
Jason Schulze and Scott Seaman | Hinshaw & Culbertson Allocation is a fundamental issue impacting every society and transcending virtually every major sector and function within a society. Economists sometimes describe this concept as society’s allocation of its resources between guns and butter. In the world of insurance, the focus is on allocating losses between… Continue reading Allocation of Losses in Complex Insurance Coverage Claims