Kellie Nelson Fetter, Matthew Heketh, Craig Morgan, Chris Mosley, William Reed and Brooke Yates | Sherman & Howard In the midst of the COVID-19 crisis, many businesses hope (and appropriately so) that insurance—whether business interruption, event cancellation, D&O or otherwise—will step in and pay for some of those losses. However, the insurance landscape is littered… Continue reading 10 Tips To Preserve Insurance Coverage For COVID-19 Claims
Category: Insurance
Reverse Preemption Is Alive And Well In Washington State
Larry P. Schiffer | Squire Patton Boggs Most reinsurance contracts have binding arbitration provisions. The Federal Arbitration Act (FAA) sets out a national policy in favor of arbitration. Yet, there are states that expressly preclude arbitration provisions in insurance contracts. Does that apply to reinsurance contracts? In Washington Cities Insurance Authority v. Ironshore Indemnity, Inc., No.… Continue reading Reverse Preemption Is Alive And Well In Washington State
Insurance Coverage Questions Abound Amidst COVID-19 Outbreak
Douglas Christian | Ballard Spahr Among the legal issues presented by the coronavirus outbreak is the extent to which insurance policies may provide relief for virus-related losses. Proactive businesses are reviewing the specific risks they face and looking for ways to manage those risks through their existing policies and additional coverage available in the insurance… Continue reading Insurance Coverage Questions Abound Amidst COVID-19 Outbreak
Who Decides Whether A Reinsurer Is A Run-Off Reinsurer?
Larry P. Schiffer | Squire Patton Boggs In the past 10 years or so, several ceding companies began adding run-off reinsurer clauses to their reinsurance contracts to mitigate disputes that might arise with reinsurers no longer actively in business. In a recent case, a Georgia federal court had to address whether it or an arbitration… Continue reading Who Decides Whether A Reinsurer Is A Run-Off Reinsurer?
Coronavirus: Factors for the Insurance Industry to Consider − Part 3 Liability and Workers’ Compensation Insurance
Paul S. White | Wilson Elser Given the risk to life and the economic impact of coronavirus, policyholders and the insurance industry alike are watching and considering whether business interruption, event cancellation, or liability and workers’ compensation insurance benefits may be available while similarly assessing liability risks. This three-part series will cover specific aspects of insurance… Continue reading Coronavirus: Factors for the Insurance Industry to Consider − Part 3 Liability and Workers’ Compensation Insurance