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Searching Content indexed under Insurance by Michael Derksen ordered by Published Date Descending.
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New Jersey State Court Rules Damage Caused By Superstorm Sandy Not Subject To Flood Sublimit
In a decisive victory for policyholders, Judge Thomas Vena of the Essex County Superior Court in New Jersey ruled that significant damages incurred by Public Service Enterprise Group Inc.
United States
8 Jun 2015
2
Terrorism Risk Insurance Program Reauthorized, But Some Uncertainty Remains
President Barack Obama signed into law a six-year extension of the Terrorism Risk Insurance Program after the House and Senate passed the bill by votes of 416-5 and 93-4, respectively.
United States
14 Jan 2015
3
Policyholders Face Uncertainty After Lapse Of Terrorism Risk Insurance Program
In all events, policyholders should understand what TRIPRA's expiration means for risk management purposes and what should be done unless and until Congress acts.
United States
7 Jan 2015
4
"Prior or Pending Litigation" Exclusion Bars Coverage for Litigation that Was Unknown to Policyholder
Companies that do business with the federal government, or whose business transactions otherwise involve payments by the government, undoubtedly understand the exposure they face to "whistleblower" or "Qui Tam" lawsuits brought by private individuals on behalf of the government alleging fraud under the False Claims Act.
United States
16 Oct 2014
5
New York State Court Rules That Darwin Has Duty To Defend But AIG Does Not, For Same Risk, Based On Differing Policy Language
New York state court Judge Shirley Werner Kornreich ruled that AIG didn't have to pay certain defense costs for various suits brought against QBE Holdings, Inc.
United States
3 Oct 2014
6
Sixth Circuit Finds Excess Carrier Had Duty To Indemnify Insured For Property Damage Arising From Alleged Misrepresentations And Duty To Defend When Primary Carrier Wrongfully Denied Coverage
In a decisively pro-policyholder decision issued by the United States Court of Appeals for the Sixth Circuit in IMG Worldwide, Inc. v. Westchester Fire Ins. Co., Nos. 13-3832, 13-3837 (6th Cir. July 15, 2014)
United States
28 Aug 2014
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