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Cybersecurity
When It Comes to Cyberinsurance, Buyer Beware: 10 tips for upping recovery odds from cyber and D&O policies
While the risks posed by data breaches are by now widely recognized, effective management of the risk is lagging. Statistics indicate that concern about data breaches is up, yet half of all businesses have no plans to dedicate more resources to avert these perils. The purchase of dedicated...
Read MoreAlternative Dispute Resolution (ADR)
The More the Merrier? Increase in multiparty arbitrations spawns new institutional rules
Over the last several years, the world’s leading arbitral institutions have adopted new rules, recognizing that the growth in international arbitration has been accompanied by the increasing complexity and sophistication of disputes. Institutional statistics reveal increases in...
Read MoreFood & Beverage
Watch the Coverage Gap: Insurance for food contamination and recalls may leave liability on the table
Many aspects of a food manufacturer’s business are predictable or planned. And then there's food contamination and product recall – unanticipated events that keep a general counsel up at night. No wonder. An outbreak of foodborne illness, linked to a product ...
Read MoreInsurance Coverage & Recovery
Mergers and Acquisitions: Identify, Analyze and Value Insurance Assets When Making Deals
While international “tax inversion” deals found controversy and dominated the political headlines among merger and acquisition news stories this year, practicing attorneys are still focused on the nuts and bolts of making deals happen and protecting the interests of their clients on...
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10 Tips For Enhancing Insurance Recoveries For Cyber Claims
The Massive & Ever-Increasing Risk 2014 has seen one massive data breach after another, affecting industries and organizations of every type. One recent report indicated an Eastern European cyber-crime gang by itself has hacked 1.2 billion username and password combinations. Another report...
Read MoreAlternative Dispute Resolution (ADR)
Arbitration Clauses Can Make Dispute Resolution Arbitrary
The outcome of an arbitration can be determined by choice-of-law provisions and other clauses that dictate who may serve as an arbitrator and how the proceedings must be conducted. This is particularly true in the context of insurance coverage litigation, which often turns upon which state’...
Read MoreInsurance Coverage & Recovery
10 Tips For Getting Claims Paid
Insurance is a strange business. The less promised product insurance companies deliver, and the more slowly they deliver it, the more money they make. The "product" in question is not insurance policies, but payouts on claims. An insurance company’s goal is to obtain the largest...
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