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21 Sep 2010, 1:52 am by Kevin LaCroix
This unified defense avoids what can be a recurring problem under a duty to indemnify policy when a claim encompasses both covered and uncovered matters; in that circumstance under a duty to indemnify policy, the defense costs must be allocated between the covered and uncovered matters and the insurer reimburses only the defense expenses associated with the covered matters (often only a percentage of total defense expenses). [read post]
22 Mar 2022, 11:19 am by Adam Hecht
— ‘In a Matter of Seconds’ appeared first on Searcy Law. [read post]
24 Oct 2023, 12:46 pm by Kevin LaCroix
Some D&O insurance policy exclusions are written with the broad “based upon, arising out of, in any way relating to” preamble. [read post]
4 Jan 2022, 5:00 am
R.E. 801(d)(2)(D).The Court noted that F.R.E. 801(d)(2)(D) allows for the admission of statements made by an employer’s agent or employee on matters within the scope of that relationship and while that relationship existed.With regards to some other out-of-court statements, the Court rejected the argument that such statements were not being offered for the truth of the matter asserted within the statements and, therefore, were admissible. [read post]
5 Apr 2007, 7:48 pm
As I'd mentioned earlier, this is circuitous, as the matter is likely to find its way back to the High Court, by way of a writ petition against the order of the IPAB. [read post]
13 Oct 2022, 1:55 pm by Kevin LaCroix
To complicate matters, according to Barron’s, equities and bonds are now both in a rare bear market not seen in over 70 years.[15]   These anomalous market conditions indicate a higher probability of emerging unfavorable loss reserve developments for public company D&O insurers as the U.S. capital markets adjust to a post- pandemic economic contraction under strict global anti-inflationary controls and peak geopolitical risk.[16]   ESG and the Fall From Record… [read post]