The COVID-19 Pandemic and an Insurer’s Duty of Good Faith

Managing Crisis: The COVID-19 Pandemic and an Insurer’s Duty of Good Faith “Statutory Claims Handling Guidelines Remain in Effect!” By: Rick Hammond, HeplerBroom, LLC*   Background Numerous state governors have
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Insurance: When is a shareholder’s interest an insurable one?

The concept of an insurable interest forms part of the foundation of a contract of insurance. In South African insurance law, without an insurable interest a contract of insurance will
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Small Business Employer and Employee Options in This Uncertain Time

Many small U.S. businesses are facing uncertainty about continued viability as a result of the COVID-19 pandemic. An important part of this deliberation is how these small businesses can not
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Mediating in a Social Distancing Environment

Life as we know it changed in January of this year upon confirmation that the Coronavirus had reached the US. As of this writing the United States has seen at
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Paycheck Protection Program An Economic Lifeline During an Unprecedented Crisis

The U.S. Treasury Department released new implementation guidance on April 6, 2020 regarding the Paycheck Protection Program (PPP), including changes to interpretations for loan amount calculation. Additionally, the new guidance
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The Math Just Got More Complicated

California Insurance Commissioner Suspends All Statutory and Contractual Deadlines For 90 Days After the Termination of State of Emergency California Insurance Commissioner Ricardo Lara has suspended all statutory and contractual
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2020: Taxation on reinsurance premiums in Latin America

The world’s main reinsurance markets typically provide its services on a  cross-border basis for Latin American based cedants, considering that the reinsuring capacity within the region is limited, in comparison
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Does Time Stand Still? The Procedural Implications of COVID-19 in Washington, Oregon, and California

Insuralex´s exclusive member in California explains procedural implicatons of COVID-19 in Washington, Oregon and California The Procedural Implications of COVID-19 in Washington, Oregon, and California The judiciary tends to lag
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The Coronavirus’ Impact on Business Interruption Coverage Is “Direct Physical Loss” Being Redefined?

Background Recent years have witnessed pandemic outbreaks of Ebola, H1N1, Avian flu and Legionnaires’ disease, and now the world is reeling from the impact of the COVID-19 (“Coronavirus disease”). Pandemics
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COVID-19: Insurance Implications

Insuralex´s exclusive member in the UK comments on the insurance implications alongside local perspectives from Insuralex network member law firms in Italy, France, Spain and Japan Life, travel and event
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