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Dec 10, 2024 | 
law360.com | Michael Levine |Latosha M. Ellis |Alex Pappas
By Michael Levine, Latosha Ellis and Alex Pappas ( December 10, 2024, 3:12 PM EST) -- Artificial intelligence is transforming industries at an unprecedented pace, and the insurance industry is trying to keep up.... Law360 is on it, so you are, too. A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence.
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Dec 10, 2024 | 
law360.com | Michael Levine |Latosha M. Ellis |Alex Pappas
Best Practices For AI Disclosures In Insurance Applications By Michael Levine, Latosha Ellis and Alex Pappas · December 10, 2024, 3:12 PM EST Artificial intelligence is transforming industries at an unprecedented pace, and the insurance industry is trying to keep up.... To view the full article, register now.
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Aug 20, 2024 | 
natlawreview.com | Latosha M. Ellis
In today’s unpredictable world, the need for event cancellation insurance has never been more evident. Whether it’s a high-profile concert by a global superstar like Taylor Swift, an international sporting event like the Olympics, or the start of a much-anticipated football season, the potential for disruption looms large. Terrorism threats and extreme weather events due to the broad impacts of climate change contribute to the growing risks faced by event organizers, artists, and venues.
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Mar 14, 2024 | 
businesslawtoday.org | Jae Lynn Huckaba |Patrick M. McDermott |Geoffrey B. Fehling |Latosha M. Ellis
IntroductionA federal court recently ordered a law firm to disclose a judgment preservation insurance (“JPI”) policy it obtained to protect a $185 million fee award pending appeal.[1] The plaintiffs’ law firm received the fee award in its representation of two classes of health plan insurers, who alleged that the federal government did not compensate the insurers for losses incurred in their participation in the Affordable Care Act’s insurance marketplace.
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Feb 28, 2024 | 
lexblog.com | Michael Levine |Latosha M. Ellis |Olivia G. Bushman
Directors and Officers (“D&O”) and cyber-related incidents continued to make headlines while ramped up regulatory enforcement and new legislation significantly altered the insurance landscape for both policyholders and insurers. Other noteworthy decisions reinforced the importance of foundational insurance coverage principals.
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Feb 27, 2024 | 
lexology.com | Michael Levine |Latosha M. Ellis |Olivia G. Bushman
Directors and Officers (“D&O”) and cyber-related incidents continued to make headlines while ramped up regulatory enforcement and new legislation significantly altered the insurance landscape for both policyholders and insurers. Other noteworthy decisions reinforced the importance of foundational insurance coverage principals.
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Feb 12, 2024 | 
natlawreview.com | Latosha M. Ellis
It is not just your imagination: verdicts are getting bigger. So-called “nuclear verdicts” have increased in size and frequency over the past decade, particularly after the COVID-19 pandemic. Litigation risk insurance is a little known, but highly effective, option meant to compliment traditional insurance products and provide additional protection for policyholders nervous about litigation exposure. Unfortunately, it is difficult to predict the exposure presented by any particular case.
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Jan 12, 2024 | 
businesslawtoday.org | Latosha M. Ellis |Jae Lynn Huckaba |Lorelie Masters |Patrick M. McDermott
Major sneaker brands have capitalized on new trends in technology and social media to publicize sneaker culture. As sneakers become more popular, sneaker collections increase in value, thus increasing financial exposure for collectors and other entities in the sneaker industry. One might first think of theft, authentication, fire, floods, or market valuation as the general risks associated with sneaker collections.
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Oct 30, 2023 | 
natlawreview.com | Latosha M. Ellis
Major sneaker brands have capitalized on new trends in technology and social media to hype sneaker culture. As sneakers become more popular, sneaker collections increase in value, thus increasing financial exposure for collectors and other entities in the sneaker industry. One might first think of theft, authentication, fire, floods, or market valuation as the general risks associated with sneaker collections.
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Aug 23, 2023 | 
natlawreview.com | Latosha M. Ellis
Wednesday, August 23, 2023 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 grounds for dismissal under Rule 12(b)(6).”In The United Church of Marco Island, Inc. v.
