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"Burlington v. NYC Transit Authority" is a rare case where the party seeking AI coverage was the employer, not the employee.
The big question for agents and brokers is whether a client's D&O policy will respond should they face litigation over diversity practices.
When coverage is doubtful, insurers should consider the cost of a bad faith suit against seeking reimbursement from the insured.
Extending parametric insurance to consumers provides insurers with an immediate, data-triggered option for claims payments.
With cyberattacks on the rise, subrogation provides an important option for recouping some of the associated costs.
Attorneys say the quick settlement from USAA indicates the insurer knew it would likely pay more had it gone to trial.
Study: Representation and warranties (R&W) insurance policyholders should move quickly with claims and come well-armed to the claims process.
Buyers should have a clear understanding of the benefits R&W insurance can bring to an M&A deal.
Companies' inadequate health and safety precautions to prevent the spread of COVID-19 form just one basis for D&O claims.
An acquiring company must learn what it can about its target's privacy and security practices.
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