Posted In: Insurance Recovery
Russia's Invasion of Ukraine: Its Impact on the Insurance Industry
on May 5, 2022
The impact of Russia's invasion of Ukraine is being seen and felt across the world. The invasion has affected almost every industry and sector and continues to strain an already burdened supply chain....
Posted In: Insurance Recovery and Litigation
Insurance Blog: Reimburse Your Insurer? Look to the Recent Decision by the Nevada Supreme Court
By Anastasia J. Wade on May 6, 2021
The Nevada Supreme Court recently found, under certain circumstances, an insurance company can obtain reimbursement of defense costs from its policyholder if it was later determined no coverage was afforded – even when the insurance policy does not allow for such recoupment....
Posted In: Insurance Recovery
Insurance Blog: COVID Coverage Cases Turn On Policy Language
By Joseph K. Cole on January 28, 2021
Recent decisions out of the U.S. District Court for the Northern District of Ohio demonstrate the complicated and evolving legal landscape both in Ohio and nationally regarding whether COVID-19 related losses are covered under commercial insurance policies. The central question in these cases is whether COVID-19 and/or the various governmental orders related to COVID-19 constitute direct physical loss or damage to insured property....
Posted In: Insurance Recovery
Insurance Blog: Ohio Supreme Court Answers What "Those Sums" Means in an "All Sums" World
on April 23, 2020
The answer? It depends. Insurers and policyholders have disputed the scope of coverage owed by insurers where multiple policies are triggered by continuous, progressive injuries for quite some time. Ohio, of course, is an "all sums" state, which applies the rule that insurers are jointly and severally liable for "all sums"....
Posted In: Insurance Recovery
Insurance Blog: COVID-19 Update - Recent Business Interruption Cases Filed Across the Country
By Christopher T. Teodosio on April 8, 2020
The COVID-19 pandemic has resulted in government officials in several states issuing orders that shut down businesses such as restaurants, bars, and casinos. Faced with closed operations and uncertain cash flow, these businesses have looked to their insurers to cover their losses. Policyholders have filed cases in Ohio, Illinois, Louisiana, California, Oklahoma, and Florida seeking recoupment of their business interruption losses. These courts will necessarily resolve key issues in the debate over whether the presence of COVID-19 on property constitutes property damage or direct physical loss....
This Blog is intended to provide information generally and to identify general legal requirements. It is not intended as a form of, or as a substitute for legal advice. Such advice should always come from in-house or retained counsel. Moreover, if this Blog in any way seems to contradict advice of counsel, counsel's opinion should control over anything written herein. No attorney client relationship is created or implied by this Blog. © 2023 Brouse McDowell. All rights reserved.
