Other insurance clauses and the duty to defend
New York’s highest court just handed down an interesting decision in Fieldston Property Owners Ass’n v. Hermitage Ins. Co. The case involved an underlying suit for “injurious falsehood,” and the...
View ArticleInsurance coverage for SEC investigations
The SEC has been getting more and more aggressive with investigations into alleged securities fraud, as well as with filing civil securities fraud actions. In fact, we just got an SEC securities fraud...
View ArticleHow to prove a business interruption loss
I once heard a veteran of the complex commercial litigation wars describe the process as follows. “Each side hires an expert,” he said, “and the preponderance of perjury prevails.” A cynical – if funny...
View ArticleBeware the differences between indemnity agreements and insurance policies
I used to know a guy who worked for a major, nationally known public adjustment company. In years where there were no major hurricanes or tornado incidents, he would literally walk around looking like...
View ArticleBeware the differences between indemnity agreements and insurance policies
I used to know a guy who worked for a major, nationally known public adjustment company. In years where there were no major hurricanes or tornado incidents, he would literally walk around looking like...
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