A key component of a company’s risk management function is to keep a close eye on new and developing sources of liability and to put in place appropriate insurance to respond in the event those liabilities ripen. In recent years,
Policyholder Pulse
Policyholder Pulse, published by Pillsbury Winthrop Shaw Pittman LLP, focuses on issues relevant to insurance policyholders, including coverage disputes, risk management strategies, and emerging insurance risks. The blog addresses topics such as long-tail liability claims, self-insured retentions, bad faith claims against insurers, and the interpretation of insurance policy language. It also covers developments in environmental liability, transactional risk insurance, and complex claims management. The content is aimed at helping policyholders navigate insurance challenges and understand evolving legal and regulatory landscapes affecting insurance coverage and claims.
Latest from Policyholder Pulse - Page 12
Follow the Leader: How Ambiguities in Excess Follow-Form Policies Can Lead Policyholders Down a Crooked Path
A feature of most corporate liability insurance programs is the tower system of coverage: a primary policy with several overlying excess policies stacked atop one another collectively providing coverage up to a desired (or available) limit of liability. Depending on…
Check Your Policies for Privacy Claim Coverage: New York City’s New Biometrics Law Is Now in Effect
Since July 9, 2021, New York City’s businesses have been subject to the requirements of a new biometrics law. Businesses operating in New York City should consider both their potential liability under these new requirements and whether their current…
Insurance Considerations for Cannabis Delivery Services
The legal cannabis industry in the U.S. is growing at an unprecedented rate and is projected to reach $73.6 billion by 2027. While federal law still classifies marijuana as a Schedule I drug, many states have legalized both medical…
Covering the Highlight Reel: The Need for Insurance Options to Protect NFT Owners
By Richard Giller & Kirk Gandy
Winning a championship ring is everything. Just ask the Los Angeles Dodgers, who won 11 National League West titles between their 1988 and 2020 World Series Championships and would likely have traded several of those division titles for more World…
Zurich Pleads with Court to Ignore Science
In a recent federal court filing, Zurich American Insurance Company asked the district court to ignore the entirety of science regarding COVID-19 in order to support Zurich’s denial of all coverage for COVID-19 business interruption losses.
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Insuring a King’s Ransom: The Role of Cyber Insurance in Ransomware Risk Management
Nearly 700 years ago, England captured King John II of France and held him for ransom for four million écus. But France could not afford to pay, and King John II ultimately traded his two sons as substitute hostages…
The Duty to Defend a Privacy Claim Arises from Even Limited Publication of Biometric Identifiers
Do general liability policies provide coverage for limited disclosures of biometric data, such as fingerprints? The Illinois Supreme Court has concluded that they do.
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New York Bad Faith Bill Targets Insurers Behaving Badly
When Frank Sinatra famously sang “if I can make it there, I’ll make it anywhere,” he was probably not crooning about making a claim for insurer bad faith. New York has indeed acquired a reputation as a difficult place to…
Reopening Workplaces: Employer Insurance Coverage for Sexual Harassment Claims Against Employees
For both good and ill, the COVID-19 pandemic has altered every facet of personal and professional life. For example, many employees have enjoyed unprecedented freedom to work remotely. However, with vaccines becoming more readily available, the time is soon approaching…