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In an article for the New York Law Journal titled, "Southern District Refuses to Grant Summary Judgment Due to Lack of Documentary Evidence Demonstrating...

Location, location, location! The viability of a subrogation case will vary depending on the loss location.

In Allianz Ins. Co., et al. v. Guidant Corp., et al., ___ N.E.2d ___, 2008 WL 5412846 (Ill. App. Ct. Dec. 29, 2008), the Illinois Appellate Court upheld partial summary judgment in favor of the insurers that the policyholder could not aggregate multiple products liability claims under the policy's batch clause.

On October 31, 2014, the Supreme Court of Texas issued a per curium opinion having potentially far-reaching impact on first-party insurance litigation discovery practices.

On June 15 and 22, 2017, respectively, the Governors of Texas and Wisconsin approved new laws permitting domestic surplus lines insurers in those states (i.e., insurers domiciled in Texas and Wisconsin)...

The Texas Department of Insurance has proposed to reorganize its Surplus Lines Insurance Chapter 15 in the Texas Administrative Code. The proposed new Chapter 15 can be found here.

The United States District Court for the Western District of Texas, applying Texas law, has held that a cyber policy limited coverage to a single $250,000 sublimit for all cyber crime loss during the policy period, regardless of the amount of loss or number of electronic transfers that gave rise to the loss.

An annual audit of corporate insurance policies by insurance recovery lawyers has become the norm for most organizations. This audit helps identify which terms need to be included or excluded from off-the-shelf insurance products.

The Colorado Court of Appeals recently weighed in on whether the complete defense rule applies to title insurance policies, examining Covered Risks 4 and 5 alongside policy exclusions. This decision joins a growing body of case law addressing the fundamental differences between liability insurance and title insurance coverage obligations. The ruling also clarifies important distinctions about property access rights and their implications for real estate development.

Two recent court decisions on opposite coasts have delivered significant victories for policyholders seeking environmental insurance coverage, establishing important precedents for coverage disputes...

Maine and North Dakota recently adopted the National Association of Insurance Commissioners (NAIC) data security model law.

New York Governor Kathy Hochul has now signed into law Senate Bill 7882A, which encompasses the revision and the chapter amendment to the Comprehensive Insurance Disclosure Act (CIDA).

On February 17, 2016, the FDIC and the US Securities and Exchange Commission jointly issued a proposed rule to implement provisions for the orderly liquidation of covered brokers and dealers...

On November 15, 2015, the Board of the FDIC approved a final rule establishing recordkeeping requirements for FDIC- insured institutions with more than two million deposit accounts.

Understanding key principles of policy interpretation and following sound drafting practices can help you reduce ambiguity, minimize costly disputes, and ensure coverage is applied as intended—protecting both your organization and your insureds.

Historically, insurance covering patent infringement has been cost prohibitive. However, Reed Smith has worked with our client, the Association of National Advertisers (ANA), to develop a focused insurance product that can change the entire dynamic of a patent assertion in favor of the accused. The insurance product is exclusive to ANA members

In 2017, the roof of a building caught fire underneath a solar-panel array for which Sunvest Solar, Inc. was the general contractor during installation.