Page 3 - Wrongful Act News Today

The FTX bankruptcy provides a case study for potential crypto exposure under traditional insurance policies. The case highlights potential silent crypto exposure for insurance carriers in the evolving and largely misunderstood world of cryptocurrencies and digital assets.

The United States District Court for the Northern District of Illinois, applying Illinois law, has held that an insurer had a duty to defend an insured condominium association and its...

​​​​​​​Whether consumer protec­tion or false advertising claims are covered by insurance depends on the kind of insurance policies in play. For ex­ample, coverage for such claims under...

A North Carolina federal court, applying North Carolina law, has held that an excess insurer may not challenge payments made by underlying carriers. The insured...

Theft up 64%, total crime up 37%. where do you lay the blame, bill? >> bill: i think right now i can tell you there is a lot of finger pointing going on, the local politicians, the police, the prosecutors, all trying to identify that someone else is to blame for the issue. but i think that it is both a societal challenge, people feeling the need they have to be involved in this kind of behavior and then not enough being done when someone engages in this type of wrongful act. i think there is ple...

The rise in recent years in the number of investor-state disputes in the telecommunications sector has been well documented.

Nonprofit organizations and not-for-profit organizations have similar insurance needs to other commercial entities, but they also have some insurance

The Superior Court of Pennsylvania, applying Pennsylvania law, has affirmed a trial court's decision that coverage is not available under a claims-made policy where no "claim" was made...

The Superior Court of Pennsylvania, applying Pennsylvania law, has affirmed a trial court’s decision that coverage is not available under a claims-made policy where no “claim” was made...

In a win for Wiley's client, the Los Angeles County Superior Court, applying California law, granted an insurance tower's motion for summary judgment, ...