Hurricane Idalia is rapidly approaching the west coast of Florida, expected to make landfall as a Category 4 hurricane this morning. While the exact track is still being determined, the storm will leave a path of serious damage in its
Hunton Insurance Recovery Blog
Updates, Analysis and Breaking News for Commercial Policyholders
The Hunton Insurance Recovery Blog, published by Hunton Andrews Kurth LLP, focuses on issues related to insurance coverage and recovery strategies. It covers topics such as property and business interruption insurance, risk management tools like the SAFETY Act, and emerging liabilities including those related to artificial intelligence. The blog also addresses legal developments in insurance policy rescission, directors and officers liability, and commercial litigation forums such as New York's Commercial Division. It provides insights into regulatory and litigation trends affecting policyholders, with an emphasis on complex insurance disputes and risk mitigation for businesses across various industries.
Latest from Hunton Insurance Recovery Blog - Page 6
Record-Breaking Temperatures, Record-Breaking Claims: The Importance of Risk Mitigation to Reduce Severe Weather Costs
On August 21, 2023, Southern California was hit by its first tropical storm since 1997. The remnants of Hurricane Hilary brought record-breaking rainfall and knocked out power for thousands of Californians. This storm follows devastating wildfires in Maui, which killed…
Insurer Can’t Dismiss Church’s Claim for Declaratory Relief
A federal court recently denied an insurer’s motion to dismiss an insured’s claim for declaratory relief. The insurer argued that the policyholder’s declaratory judgment claim was redundant of its breach of contract claim. The Court ruled that “redundancy is not…
Maui Losses Put Wildfire Insurance Risks in Spotlight
As Hawaii deals with the tragic aftermath of recent wildfires that have claimed more than 100 lives and more than 2,000 buildings in Maui, the potential economic fallout is just beginning to take shape. Some experts predict the losses related…
D&O Can Be a Source of Coverage for Opioid Suits
Courts nationwide have issued a wide range of decisions on insurance coverage for lawsuits arising out of the opioid epidemic under commercial general liability policies. On August 17, 2023, a North Carolina federal court illustrated why coverage is also available…
Masters Named to Benchmark Litigation’s 2023 Top 250 Women in Litigation
Hunton Partner, Lorelie S. Masters, was recently named to Benchmark Litigation’s 2023 Top 250 Women in Litigation. The publication honors the accomplishments and distinguished careers of female litigators nationwide and recognizes them as top players in their respective fields.…
Harvard Receives a Thicker Text on the Importance of Timely Notice
Harvard’s years-long battle with Zurich Insurance Company has finally ended. As our colleagues wrote in October 2022, Harvard already learned its lesson once when a court ruled that Zurich did not have coverage obligations after the university failed to…
Fifth Circuit: Policyholders Can Still Salvage Adverse Duty To Defend Rulings
The Fifth Circuit recently reaffirmed that an insurer’s duty to indemnify hinges on the facts determined in the underlying case, not the allegations. Thus, as confirmed by the Fifth Circuit’s July 31, 2023 decision in Liberty Mut. Fire Ins. Co.…
Reducing Risks from Cyber Incidents with Cyber and D&O Insurance
Last week, we published a client alert discussing the importance of cyber and directors and officers liability insurance for companies and their executives to guard against cyber-related exposures. In today’s ever-changing threat landscape, all organizations are at risk of damaging…
Fine Art in Not-So-Fine Weather
Fine art collections—both public and private—are concentrated in disaster-prone areas like California and Florida, where wealthy individuals often retire. And as the impacts of extreme weather ravage west coast forests and east coast beaches, art collectors in high-risk areas watch…