Opening day might be delayed, but first pitches have already been thrown in courtrooms across the U.S. by insureds seeking business interruption cover for Covid-19 related losses. The judges calling balls and strikes in such cases may see some tough pitches, but the general dispute appears clear enough – can the insured prove the damage claimed is the result of a “direct physical loss” to property? …
Read More Business Interruption Insurance Coverage Litigation Arising from COVID-19

Molly McGinnis Stine, a member of the Steering Committee of Locke Lord’s Privacy & Cybersecurity Group, will moderate a panel at the 2020 Professional Liability Underwriting Society (PLUS) Cyber University on April 28, 2020.
Read More Locke Lord Privacy & Cybersecurity Co-Chair Molly McGinnis Stine to Speak at PLUS Cyber University

In conjunction with the Locke Lord COVID-19 task force, we are reviewing, analyzing, and compiling information from state and federal resources, including insurance trade associations, to provide clients easy access to information during this unprecedented time. If you have any questions on the subject matter below, do not hesitate to reach out.
Read More COVID-19 Daily Insurance Regulatory Updates To Keep You Informed During The Lockdown (March 29th, 2020)

In conjunction with the Locke Lord COVID-19 task force, we are reviewing, analyzing, and compiling information from state and federal resources, including insurance trade associations, to provide clients easy access to information during this unprecedented time.  If you have any questions on the subject matter below, do not hesitate to reach out.  The information below relates to state and federal bulletins, emergency orders, pending/enacted legislation, and other related actions taken in response to the COVID-19 pandemic.
Read More COVID-19 Daily Insurance Regulatory Updates To Keep You Informed During The Lockdown (March 28th, 2020)

In conjunction with the Locke Lord COVID-19 task force, we are reviewing, analyzing, and compiling information from state and federal resources, including insurance trade associations, to provide clients easy access to information during this unprecedented time. If you have any questions on the subject matter below, do not hesitate to reach out.
Read More COVID-19 Daily Insurance Regulatory Updates To Keep You Informed During The Lockdown (March 27th, 2020)

On March 26th, Commissioner Ricardo Lara issued a data survey (the “Survey”) to all admitted and non-admitted insurance companies, requesting information on business interruption and related coverages provided by commercial insurance policies. Responses to the Commissioner’s request are not mandatory.…
Read More California Requests Insurance Data On Business Interruption Coverages

The COVID-19 pandemic has rocked the United States and the sense of security of its citizenry in a way not seen since the tragedies of September 11th, 2001. The insurance industry, like the rest of us, is reacting in real time to the rapidly-evolving business climate, from managing the flow of claims to responding to federal and state-level mandates.
Read More Pandemic Risk Insurance Act – A TRIA-Inspired Model to Backstop the Business Interruption Insurance Market in the Wake of COVID-19

In conjunction with the Locke Lord COVID-19 task force, we are reviewing, analyzing, and compiling information from state and federal resources, including insurance trade associations, to provide clients easy access to information during this unprecedented time. If you have any questions on the subject matter below, do not hesitate to reach out.
Read More COVID-19 Daily Insurance Regulatory Updates To Keep You Informed During The Lockdown (March 26th, 2020)

On March 25th, Governor Tim Walz issued Executive Order 20-20 (the “Order”) directing Minnesotans to stay at home or in their place of residence except to engage in the Activities and Critical Sector work described by the Order. For purposes of the Order, homes or residences include hotels, motels, shared rental units, shelters, and similar facilities, to the extent they are used for lodging.
Read More Minnesota Governor Issues Stay At Home Executive Order

The Texas Department of Insurance has posted a bulletin announcing the extension of selected filing deadlines and a modification of filing requirements for reporting insurers.
Read More Texas Department of Insurance Posts Extension Schedule for Insurer Financial Filings