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Results: 1-10 of 463

Phishing in the Insurance Coverage Gap
  • Reed Smith LLP
  • USA
  • February 15 2017

Many companies that have both commercial crime and cyberliability insurance policies are learning, to their surprise, that they may not be fully


Insurer declaratory action: to stay or not to stay?
  • Reed Smith LLP
  • USA
  • May 27 2015

This month's edition of For the Defense magazine focuses on insurance law. That makes sense. It is difficult to do much defending without bumping


Consumer privacy issues abound in the Dodd-Frank Wall Street Reform and Consumer Protection Act
  • Reed Smith LLP
  • USA
  • July 20 2010

With President Obama scheduled to sign the Dodd-Frank Wall Street Reform and Consumer Protection Act this week, the financial services industry faces a rapidly changing regulatory environment


‘Contingent claim’ not sufficient to establish right of setoff for lift-stay motion
  • Reed Smith LLP
  • USA
  • October 15 2012

The debtor’s insurer sought to lift the automatic stay in order to setoff $2.2 million in return premiums against potential defense costs that the insurer expected to incur related to certain insurance claims made against the debtor


Policyholders Beware: AIG-NICO Deal Requires Caution
  • Reed Smith LLP
  • USA
  • January 25 2017

American International Group, Inc. ("AIG") recently announced that it entered into a significant reinsurance agreement with a subsidiary of Berkshire


Insurance Coverage for Statutory Damages Under Professional Liability Policies
  • Reed Smith LLP
  • USA
  • January 21 2016

Increasingly, companies are being named as defendants in putative class actions, like those brought under the Fair Credit Reporting Act and Telephone


2017 Insurance & Risk Management Checklist
  • Reed Smith LLP
  • USA
  • January 11 2017

As we start a New Year, it is important to evaluate your company’s insurance and risk management program and plan for the year. Following up on our


State AGs Double Down Focus on Financial Services, including FinTech
  • Reed Smith LLP
  • USA
  • October 6 2016

State Attorneys General (AGs) continue to emerge as major regulators of financial services and show little sign of being cowed by their federal


Refusal to Pay Claims to Gain Negotiating Leverage Is Abuse of Discretion Under ERISA, Court Says
  • Reed Smith LLP
  • USA
  • October 13 2016

A federal district court found that Cigna Healthcare abused its discretion, and thus was liable under section 502(a)(1)(B) of ERISA, when its primary


Cyber coverage: mind the gap
  • Reed Smith LLP
  • European Union, United Kingdom, USA
  • October 23 2014

This alert identifies a number of important themes in the growing area of exposure to cyber risks and offers advice on how to negotiate the new array