In a September 22, 2022 decision, the U.S. District Court for the Southern District of New York held a commercial general liability policy’s war and financial services exclusions barred coverage for a suit arising out of the...more
9/29/2022
/ Airplane Accidents ,
Bodily Injury ,
Commercial General Liability Policies ,
Declaratory Judgments ,
Financial Services Industry ,
Hartford Fire Insurance Company ,
Insurance Industry ,
Insurrection ,
Motion for Summary Judgment ,
Motion to Dismiss ,
Property Damage ,
Ukraine
On August 12, 2022, the U.S. District Court for the District of Minnesota dismissed a policyholder’s complaint seeking a declaration that $600,000 in social engineering fraud loss fell within a crime policy’s computer fraud...more
On August 10, 2022, the U.S. District Court for the Middle District of Florida held, on a motion to dismiss, that losses allegedly caused by fraudulent payment requests by persons purporting to be the insured qualified for...more
The latest legal buzzword, ESG, represents the environmental, social and governance factors that many corporations are now required to consider and disclose alongside traditional financial information such as operating...more
8/3/2022
/ Carbon Emissions ,
Climate Change ,
Compliance ,
Corporate Governance ,
D&O Insurance ,
Department of Justice (DOJ) ,
Disclosure Requirements ,
Disgorgement ,
Diversity ,
Enforcement Actions ,
Environmental Protection Agency (EPA) ,
Environmental Social & Governance (ESG) ,
Exclusions ,
Exxon Mobil ,
Fines ,
Greenwashing ,
Human Capital ,
Pay Equity Laws ,
Penalties ,
Popular ,
Punitive Damages ,
SCOTUS ,
Securities and Exchange Commission (SEC) ,
Sustainability ,
Tyson Foods ,
Wells Fargo ,
West Virginia v EPA
On June 9, 2022, the U.S. District Court for the Eastern District of Pennsylvania held, on summary judgment, that an insured was not entitled to coverage under a Professional Errors and Omissions (E&O) policy for loss...more
In a decision addressing several coverage issues under a directors and officers liability policy, a Delaware federal court held that coverage did not extend to claims based on acts alleged to have taken place before the...more
On April 8, 2022, the United States District Court, District of Delaware, granted defendant-insurers’ motion for a change of venue, transferring the directors and officers (D&O) insurance dispute originally filed in Delaware...more