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FinTech

Blockchain: Beyond Bitcoin

The technology promises to streamline business processes—but companies need to understand its potential risks, as well. Blockchain has been described by some as a revolutionary technology that will fundamentally change how business is done. Others have likened it to the Dutch tulip craze or...

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Manufacturing | Maritime

Warehouse and Marine Coverage: When it comes to goods and cargo, it’s important to know your insurance benefits

For those who track cargo and warehouse theft, it’s no secret that electronics, computer components and designer brands are prime targets for theft. It’s also no secret that a good many thieves bring ingenuity to their craft. A shipping article from this summer noted that: “Last...

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This Is No Time to Stand Pat: As cyber threats morph, companies need to reassess their readiness, including their insurance protection

In the present environment, cyber risk management simply cannot stay static. Cyber risks continue to morph and vex organizations worldwide. Recent incidents represent a cross-section of nightmare scenarios for businesses, governments and others. They included a large insurance company’s $115...

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Covering Your Business Against Interruption: Even if a hurricane doesn’t hit your company directly, it can still inflict lasting damage

  While the human suffering triggered by Hurricanes Harvey and Irma unfolded in real time on our TV screens, opening American hearts and wallets and triggering heroic volunteer rescue efforts, the full extent of the economic damage will not be evident for some time. That impact is likely to...

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Insurance Coverage & Recovery

Using Insurance to Transfer Transaction Risks: There are several options, but first you need to analyze those risks

As in-house counsel, imagine that your company is preparing to sign one of the largest transactions of the year, but it faces significant risks in performing under the agreement. These risks could impair your ability to deliver what you promise to do, and might also harm your employees or property...

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Insurance Coverage & Recovery

Policyholders' Hands Are Strengthened When Insurance Companies Refuse to Settle: Appellate decisions on a California case suggest the tables may be turning

A lawsuit of any magnitude can be devastating for your business, whether it manifests its hardship financially or otherwise. The stress of making the right decision for your company’s future can seem insurmountable at times. And just like that, a light at the end of the tunnel: a settlement...

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Where ‘Natural’ Takes on a Whole New Meaning: Courts are waiting for the FDA to define the word for labeling

The term “natural” in the food and beverage industry has long been an effective selling point as U.S. consumers look to live healthier lifestyles. An issue, however, arises when the term is deployed to entice consumers, regardless of whether the product is in fact “natural”...

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