In part 2, we look at how the Kaiser court recognized a limitation on an insurer’s ability, after being targeted by the insured to defend and indemnify a case against the insured, to reallocate a portion of the insurer’s defense and indemnity expenses to other...
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Ransomware attacks roil insurance industry
In May of this year, a ransomware cyberattack by Russian hackers made headlines around the world as it led to an 11-day shutdown of a pipeline that supplies nearly half of the East Coast’s fuel. The attack on Colonial Pipeline caused gasoline shortages and price...
Does Your Hotel or Hospitality Operation Have the Right Insurance?
A business takes a lot of work to keep running smoothly. Coordinating the various management, vendor and other teams involved in operating and maintaining any hospitality operation can be a complicated and ever-changing effort to mitigate risk. While you are...
Condo Collapse in Florida Leads to Confusion Regarding Insurance Coverage
On June 24, Champlain Towers South, a 12-story condominium in Florida, collapsed. It was a horrible tragedy. As of July 21, 97 people have been declared dead, with searches are still being conducted for other missing persons. The tremendous loss of life after such an...