In 2022, the insurance industry has been emboldened to issue
improper denials of insurance coverage for claims and lawsuits,
threaten rescission of insurance policies and sell insurance
policies with hidden trapdoors buried in endorsements. This could
create a potentially devastating impact on a company's bottom
line. At Barnes & Thornburg, with many decades of insurance
recovery and bad faith claim prosecution for corporate insureds
under our belts, we never represent insurance companies. Our
loyalties are to our policyholder clients alone. Through this
singular focus, we have seen a thing or two – and not always
good things.
As we move headlong into Q2, legal departments, risk managers
and finance executives should consider having their insurance
policies reviewed and thoroughly analyzed. We have seen more
policies issued in this past year with exclusions that would make
coverage illusory – or not worth the paper they're
written on, based on how insurance companies
