New Jersey High Court to Hear Insurers’ Appeal Over War Exclusion in NotPetya Attack July 26, 2023 By Andrew G. Simpson The New Jersey Supreme Court has agreed to decide whether a hostile/warlike action exclusion in an all risks property insurance...
Analysis – Cyber Insurers Face Large Ukraine War-Related Claims Despite Exclusions March 31, 2022 By Carolyn Cohn and Noor Zainab Hussain Insurers face potential multi-billion dollar claims for cyber attacks related to Russia’s invasion of Ukraine, despite policy wording designed to...
Analysis: Russian Ransomware Attacks on Ukraine Muted by Leaks, Insurance Exclusion March 2, 2022 By James Pearson and Raphael Satter Warnings that pro-Russian ransomware gangs would snarl networks in Ukraine and its allies have so far failed to materialize amid...
Zurich Policyholder Dispute Highlights Danger of Calling Out Cyber Attackers: Opinion January 11, 2019 By Leonid Bershidsky, Bloomberg Opinion The $100 million lawsuit that Mondelez, the maker of Oreos and Cadbury chocolate, has brought against Zurich Insurance Group shows...
Court Exempts Airlines from Developer’s Sept. 11 Environmental Claim May 7, 2014 By Bernard Vaughan American Airlines, United Airlines and the World Trade Center leaseholder do not have to pay a property developer environmental cleanup...