Social Inflation and the Potential Impact of COVID-19Continue reading
Various theories abound on how to deal with this sprawling coverage litigation. And none of them is ideal. As one counsel put it, is the litigation the nightmare or is consolidation the nightmare?
Social Inflation and the Potential Impact of COVID-19
Top Developments in Business Interruption – Coronavirus (COVID-19), Experts – Allocation, Occurrence and Punitive Damages – New Missouri Legislation
By: Edward M. Koch and Felix S. Yelin On July 2, 2020, an amended California Assembly Bill 1552 (Bill 1522 or the bill), which relates to commercial business interruption coverage
Michigan Circuit Court Judge Joyce Draganchuk (Ingham County) granted the insurer’s motion for summary disposition in Gavrilides Management Company v. Michigan Insurance Company. At issue was coverage for restaurants that were shuttered by COVID-19-related government orders. The court concluded that no coverage is owed.
By: Anthony L. Miscioscia and Margo E. Meta There are certain generally held principles regarding an insurer’s duty to defend. One of these principles is that an insurer has a