News & Events
Catch Up on the Latest Developments Impacting Business and Insurance Law.
Individual Insurance
Submitting a Hurricane Insurance Claim That Won’t Be Denied
The 2024 Atlantic hurricane season came in with a bang, and there’s still a long way to go. Hurricane Beryl, the season’s first hurricane and the earliest Atlantic category 5 storm on record, may cost U.S. insurers $2.7 billion, according to catastrophe modeling company Karen Clark & Co.
Bad Faith and Settlements in New York: Your Insurer Must Protect Your Interests
When your business is sued by a third party, your liability insurance company has a good-faith obligation to honor the promises it made to you in your insurance contract. This includes defending you in court and indemnifying you for any judgments or settlements for covered claims, up to the policy limit.
What are the different types of reinsurance?
Reinsurance is an insurance product for insurance companies, enabling them to transfer some of their risks to a reinsurance company.
“Other Insurance” Clauses in Insurance Contracts
Placing “other insurance” clauses in insurance contracts is one of many ways that insurers look to limit their liability.