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Articles by Gerald Konkel
Essential Insurance Recovery Strategies for Retail and Energy Companies in a Year of Extreme Weather | JD Supra
The influx of severe weather events throughout 2024, including most recently Hurricane Helene, demonstrates the need for retail and energy companies to shore up commercial property and business interruption insurance. This LawFlash details five key steps to help preserve and maximize insurance recoveries following a severe weather event or natural disaster. Recent extreme weather events have wreaked havoc on business owners and their properties throughout 2024.
Essential Insurance Recovery Strategies for Retail and Energy Companies in a Year of Extreme Weather
The influx of severe weather events throughout 2024, including most recently Hurricane Helene, demonstrates the need for retail and energy companies to shore up commercial property and business interruption insurance. This LawFlash details five key steps to help preserve and maximize insurance recoveries following a severe weather event or natural disaster. Recent extreme weather events have wreaked havoc on business owners and their properties throughout 2024.
Legal Considerations for WHO’s ‘Possibly Carcinogenic’ Aspartame Classification
On July 14, 2023, the World Health Organization (WHO) published a summary of two findings regarding aspartame, an artificial sweetener found in many consumer products.
Taking Cover: Leveraging Insurance to Recover from Severe Weather | JD Supra
For business owners affected by Hurricanes Ian and Fiona and other extreme weather events and their aftermath, it is important, amid immediate concerns of public safety and restoring operations, to take timely steps to preserve and protect insurance rights. Financial losses caused by recent storms, fires, and other natural disasters are a significant and urgent problem resulting in over $65 billion in total losses in the first half of 2022.
Federal Panel’s Decision Not to Centralize Certain COVID-19 Insurance Lawsuits Provides Strategic Opportunities for Policyholders | JD Supra
The US Judicial Panel on Multidistrict Litigation (Panel) previously declined to centralize all coronavirus (COVID-19)-related business interruption insurance lawsuits, but left open the possibility of certain insurer-specific multidistrict litigations (MDLs) subject to further briefing and proceedings.[1] The Panel issued orders on October 2 declining to create insurer-specific MDLs for COVID-19-related business interruption lawsuits against The Hartford, Travelers, Cincinnati Insurance...
Federal Courts Decline to Centralize All COVID-19-Related Business Interruption Insurance Lawsuits | JD Supra
The US Judicial Panel on Multidistrict Litigation on August 12 denied certain plaintiffs’ motions to centralize lawsuits brought by businesses seeking insurance coverage for coronavirus (COVID-19) losses.
UK FCA: Eight Insurers Agree to Be Parties to Business Interruption Insurance Test Case | JD Supra
Through the High Court test case, the UK Financial Conduct authority hopes to obtain legal clarity on business interruption insurance during the coronavirus (COVID-19) pandemic.
Colleges and Universities: Litigation Challenges and Risk Mitigation in the Face of COVID-19 | JD Supra
In navigating the coronavirus (COVID-19) pandemic, higher education institutions should be aware of a recent wave of refund class actions, antitrust considerations in communication with other institutions, claims for business interruption insurance, and force majeure provisions in existing contracts.
FCA to Pursue High Court Test Case on Business Interruption Insurance Policies to Provide Clarity During Pandemic | JD Supra
The UK Financial Conduct Authority (FCA) on May 15 invited policyholders of business interruption (BI) insurance that have been affected by the coronavirus (COVID-19) pandemic, and have had a claim under their insurance policy rejected by their insurer, to get in touch so that their arguments may be taken into account as part of the FCA’s plan to seek the court’s views on certain policy wordings by commencing a test case in the English High Court.
COVID-19 Business Interruption Losses: Preserving and Pursuing Claims | JD Supra
Companies with substantial business interruption losses related to the coronavirus (COVID-19) pandemic must take immediate, concrete steps now to preserve their ability to pursue recoveries from insurance and/or financial relief from future governmental programs.
Business Interruption Insurance Amid COVID-19: How Aggregation Can Affect Recovery Value | JD Supra
During the coronavirus (COVID-19) pandemic, it is important for policyholders to remember that key insurance principles, including the principle of aggregation in the United Kingdom, could make a significant difference to any claim on their policies. With the United Kingdom in lockdown as of 23 March, it is no surprise that many are growing concerned about the economic effects of the pandemic.
COVID-19 Business Interruption Losses: The Potential Keys to Unlocking Insurance Recovery | JD Supra
As the coronavirus (COVID-19) pandemic evolves, governmental executive and legislative authorities are taking actions in the form of emergency declarations and proposed legislation that could improve a company’s ability to mitigate business income losses by maximizing its insurance recovery. Keeping an eye on these developments and documenting your losses accordingly could make all the difference.
Event Cancellation Insurance: Have a Game Plan for Maximizing Coverage | JD Supra
Updated: May 25, 2018: JD Supra is a legal publishing service that connects experts and their content with broader audiences of professionals, journalists and associations.
Regulatory & Legislative Actions May Impact Business Interruption Coverage for COVID-19 Losses | JD Supra
As the coronavirus (COVID-19) pandemic continues to evolve, regulatory and legislative authorities are taking actions, in the form of directives and orders, that could directly impact companies’ business interruption coverage. Careful review of insurance policies and insurers’ responses in light of these actions, as well as monitoring of regulatory and legislative developments, will be critical in preserving companies’ rights to coverage for COVID-19 losses.
Business Interruption Coverage and the COVID-19 Pandemic | JD Supra
Updated: May 25, 2018: JD Supra is a legal publishing service that connects experts and their content with broader audiences of professionals, journalists and associations.
Maximizing Insurance Assets for Business Losses Relating to Coronavirus (COVID-19) | JD Supra
Updated: May 25, 2018: JD Supra is a legal publishing service that connects experts and their content with broader audiences of professionals, journalists and associations.
Hurricane Harvey Client Alert: Insurance Considerations
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