Jon Critelli, Randall Coxworth and Paul Ryan | StoneTurn Natural disasters, while undoubtedly disruptive and damaging, can serve as powerful catalysts for organizational transformation if approached with foresight and strategic intent. As we’ve explored, successful post-disaster recovery begins with preparation, compliance, and the prevention of fraud, waste, and abuse (FWA). But beyond these crucial measures,… Continue reading Risk Awareness and Mitigation in Disaster Recovery: After a Catastrophe
Category: Insurance
A Matter Judged: Subrogating Insurers Should Beware of Prior Suits Involving the Insured
Gus Sara | The Subrogation Strategist In New Jersey Mfrs. Ins. Co. v. Lallygone LLC, No. A-2607-22, 2024 N.J. Super. Unpub. LEXIS 120, the Appellate Division of the Superior Court of New Jersey (Appellate Division) considered whether New Jersey Manufacturers Insurance Company (the carrier) could bring a subrogation action after its insured, Efmorfopo Panagiotou (the insured), litigated… Continue reading A Matter Judged: Subrogating Insurers Should Beware of Prior Suits Involving the Insured
Navigating the New Frontier: Insurance for Artificial Intelligence Risks
Andrew Connelly and Jeffrey Meagher | K&L Gates On 27 December 2023, The New York Times filed a lawsuit against OpenAI and Microsoft alleging copyright infringement in connection with OpenAI’s popular ChatGPT technology. This lawsuit is part of the first wave of artificial-intelligence-related lawsuits that have targeted some of the biggest technology companies in the world and… Continue reading Navigating the New Frontier: Insurance for Artificial Intelligence Risks
Finding an “Occurrence,” Appellate Court Rules Insurer Must Defend
Tred R. Eyerly | Insurance Law Hawaii Reversing the trial court, the Wisconsin Court of Appeals found the insurer must defend a cross-claim against the insured owner of a building after an explosion occurred. LBC, LLC v Spectrum Brands, Inc., 2023 Wis. App. LEXIS 1251 (Wis. Ct. App, Nov. 30, 2023). LBC… Continue reading Finding an “Occurrence,” Appellate Court Rules Insurer Must Defend
Xcel Says Its Equipment Likely Involved in Huge Texas Blaze
Mark Chediak | Claims Journal Xcel Energy Inc. acknowledged that its equipment was likely involved in igniting the worst wildfire in Texas history. But the utility company refuted allegations it had acted negligently. “Based on currently available information, Xcel Energy acknowledges that its facilities appear to have been involved in an ignition of the Smokehouse… Continue reading Xcel Says Its Equipment Likely Involved in Huge Texas Blaze