Implications of COVID-19 on the global insurance industry.
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Article 22/02/2022
The United Arab Emirates continues to be a critical hub for global shipping. It, like all other major centres for maritime trade, has had to respond to significant changes and disruption in recent years. Here we highlight some of the key developments in the region for both insurers and their insureds now recovery from the pandemic is well underway.
Article 24/11/2021
Insurers have the opportunity to help drive global change but they cannot do it alone, blogs Kennedys partner Fleur Rochester.
Article 22/10/2021
On 8 October 2021, the Federal Court of Australia handed down its first instance decision in the second Australian business interruption insurance test case, in which insurers were largely successful. While the decision is a favourable outcome for insurers, an expedited appeal has already been listed before the Full Court of the Federal Court. It is therefore possible that the findings of the court could be overturned before the end of the year.
Article 14/10/2021
This update includes a roundup of recent court decisions dealing with the concepts of set off and severance in relation to adjudication decisions, a new definition of economic duress from the Supreme Court, and whether a collateral warranty falls under the definition of a construction contract for the purposes of the Housing Grants, Construction and Regeneration Act 1996.
Article 14/10/2021
One trend dominating conversation across the construction industry currently is the changes faced when procuring insurance cover.
Article 05/10/2021
The Ninth Circuit Court of Appeals delivered favorable decisions for insurers in a trio of rulings last week.
Article 17/09/2021
The FCA test case is widely regarded as having resolved a plethora of issues in COVID-19 business interruption claims. Unsurprisingly, it did not resolve everything and certain issues were not tackled as part of or fully resolved by that case.
Article 15/09/2021
Since the beginning of the coronavirus pandemic, almost 2,000 lawsuits have been filed in federal and state courts throughout the United States by policyholders affected by the public health crisis. In the vast majority of these cases, business owners have sought coverage under commercial property policies for losses arising out of interruptions caused by local and state-wide shutdowns.
Article 13/09/2021
New technologies bring both opportunity and risk, the balance of which is most often finely balanced. Success or otherwise is largely dependent on the impact on the particular ‘ecosystem’ in which that technology will operate.
Article 13/09/2021
Millions of people have migrated from working in traditional office settings to working from their own living rooms.
