SDV Insights

The Florida Supreme Court recently denied review of an appellate decision interpreting a policy's "ensuing loss" exception to require a separate loss, entirely independent from the original excluded loss.

The U.S. District Court for the Middle District of Florida, Orlando Division, recently held that an insurer had no duty to defend an additional insured due to an owner controlled insurance program ("OCIP") policy exclusion, despite the fact that the additional insured was not enrolled in the wrap program and did not perform any operations at the project.

The New York Appellate Division recently ruled that insurers who are "on the risk" in extended environmental claims do not have to contribute to years when there was no coverage available in the marketplace for the insured to purchase.

In an effort to encourage businesses to mitigate the risk of a data breach, House Republican Ed Perlmutter has introduced a bill offering a tax credit to businesses that purchase qualifying cyber insurance policies

If you are a small company worried about keeping your client data safe, there are now a number of options to help. SDV's Gregory Podolak was recently interviewed by LAW360.com on his thoughts.

With cyber fraud becoming more prevalent in today's business world, policyholders should be aware of some of the points raised by commercial crime insurers to deny coverage.

In this morning's insurance edition of Law360.com, SDV partner Gregory Podolak was interviewed on a case (First Mercury Insurance Co. v. Shawmut Woodworking and Supply) that we had previously blogged about.

Over the past decade, a barrage of severe storms in Texas resulted in significant property damage, giving rise to thousands of lawsuits by policyholders for breach of contract and bad faith claims against their insurers. Now, the Texas Supreme Court is poised to determine the scope of the state's bad faith statute.

Mexico recently issued a new set of minimum insurance requirements for companies engaging in certain oil and natural gas activities including exploration, production, processing, and refining.

Good news for policyholders in New Jersey. A New Jersey Superior Court judge has joined the majority of states in finding that Environmental Protection Agency "potentially responsible party" letters constitute a suit under a commercial general liability policy.