Regulatory & Compliance

Setting the Stage for a Legal Showdown In the complex arena of bankruptcy law, few cases have captured attention like the ongoing battle over $3.3 million in deposit accounts tied to the insolvency of a North Dakota-based company. This dispute pits Hartford Accident and Indemnity, a major surety

In a striking address at the Corporation of the City of London’s annual City Dinner on October 22, Nikhil Rathi, CEO of the Financial Conduct Authority (FCA), delivered a sobering warning about the United Kingdom’s alarming underinsurance against cyber threats, exposing a critical vulnerability in

Setting the Stage for a Paradoxical Challenge In today's cyber insurance landscape, a striking contradiction emerges: premiums are dropping, coverage terms are expanding, and competition among insurers is fiercer than ever, creating what appears to be a buyer-friendly environment. Yet, beneath this

In a quiet Washington courtroom, a staggering $21 million jury award has ignited a fierce legal storm, pitting a devastated accident victim against a powerful insurance giant, raising critical questions about fairness and accountability. How can a mere $25,000 policy possibly cover such an

Picture this: a storm damages your home, and weeks pass with no word from your insurer on a claim, leaving you to cover temporary housing costs out of pocket while deciphering a policy filled with confusing terms. For countless New Yorkers, such scenarios are all too familiar. However, a series of

What happens when an insurance giant stumbles, threatening to drag down policyholders, businesses, and entire markets with it? Picture a major insurer in New York, holding millions in policies, suddenly facing financial ruin, where the domino effect could be catastrophic—delayed claims, shattered