This blog’s primary focus is on developments in the directors’ and officers’ liability and insurance in the United States, but we do also try to cover important developments elsewhere.
The Enterprise Bill which had its first reading in the House of Lords on 16 September proposes an amendment to the Insurance Act 2015 to enable insureds to claim damages for late payment of insurance claims.
The fact that these days virtually every public company M&A transaction draws at least one merger objection lawsuit has provoked concern from many quarters.
After a claim is filed, the insurance company is certainly entitled to receive from a policyholder reasonable information that the insurance company requires to decide whether to accept or reject the claim.
Ascertainability has been a hot topic in class action appeals recently.
The NFL season is finally upon us.
The plaintiff, New Jersey citizen, who was injured in a motor vehicle accident, brought a putative class action against five insurance defendants, Aetna Inc., Aetna Health Inc., Aetna Health Insurance Co., Aetna Life Insurance Co., and The Rawlings Company, LLC.
In the following guest post, Michael J. Biles of the King & Spalding law firm takes a look at the analysis of the materialization-of-the-risk issues in the Fifth Circuit’s September 8, 2015 decision in the BP Deepwater Horizon securities class action lawsuit.
Much has been written about the judicial inquiry into whether separate incidents may be aggregated as a single accident or occurrence under various formulations of accident or occurrence language in insurance policies.
Not So Fast: Despite Policy Rescission, NJ Supreme Court Holds Auto Insurer Liable to Injured Third-Party
The New Jersey Supreme Court considered whether the issuer of a basic automobile insurance policy, voided due to a fraudulent application, is still on the hook for liability claims of innocent third parties.