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UK: Lloyd’s suspends profit distribution
  • HFW
  • United Kingdom
  • October 13 2017

In the wake of this year's catastrophic hurricanes, Lloyd's has taken the step of postponing the distribution of profits by syndicates. The extent of

The Preemption Defense to Flood Insurance Claims Under the National Flood Insurance Program
  • Wilson Elser
  • USA
  • September 21 2017

According to Lloyd’s of London, which helped to reinsure the National Flood Insurance Program (NFIP) for more than $1 billion seven months before

Insurer Attempts To Fight Back Against Kanye West’s Touring Company’s Lawsuit
  • Hunton & Williams LLP
  • USA
  • September 1 2017

In a prior blog post, we discussed Kanye West’s touring company’s, Very Good Touring, Inc. (“Very Good”), lawsuit against its insurer, Lloyd’s of

“Selling Tickets To Courthouses”: Kanye West’s Touring Company Sues Insurer For Withholding Coverage
  • Hunton & Williams LLP
  • USA
  • August 4 2017

Hollywood is not off to a great start for the month of August. Kanye West’s touring company, Very Good Touring, Inc. (“Very Good”), sued insurance

Corporate Insurance Newsletter June 2017
  • Hogan Lovells
  • Global
  • July 31 2017

On 20 June 2017, the Financial Conduct Authority (“FCA“) published a Call for Input inviting firms (amongst other stakeholders) to submit their views

Insurer Report Predicts Increasing Global Risk, Up to $53 Billion in Losses, Following Major Cyber Event
  • Hunton & Williams LLP
  • Global, USA
  • July 19 2017

As discussed in prior posts, recent cyber events, such as the “Wanna Cry” ransomware attack, serve as important reminders to policyholders that cyber

Claims, professional activities and wrongful acts: Aquagenics v Certain Underwriters at Lloyd’s
  • HFW
  • Australia
  • June 23 2017

This Australian case concerns a claim made by a water treatment engineering company under a claims made professional indemnity policy. The assured

Specialty Insurance for False Claims Act Investigations: Coverage Gaps Leave Healthcare Providers Exposed and Vulnerable
  • Phelps Dunbar LLP
  • USA
  • June 15 2017

Healthcare providers continue to remain at the greatest risk of having to defend against False Claims Act (FCA) investigations, particularly those

Lloyd's Market Association publishes EU continuity clause
  • Arthur Cox
  • European Union, Ireland, United Kingdom
  • May 8 2017

On 19 April, the Lloyd's Market Association (LMA) published a new model clause, LMA5284, designed to give enhanced contractual certainty on the

Considering the Site of Insured Locations in Delaware
  • Zelle LLP
  • USA
  • May 1 2017

When faced with insurance policies covering large national or multinational companies that have insured locations scattered around the globe, courts