Insurtech Panel Counsel News

Insurtech, short for insurance technology, is a fast-growing digital trend that applies technology innovation to insurance processes. As automation use accelerates in the property and casualty (P&C) insurance industry, insurance defense law firms will want to stay current on insurtech...
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News of Interest to AIG Panel Counsel Members

AIG leadership will change on March 1, 2021 when Peter S. Zaffino will assume the role of Chief Executive Officer currently held by Brian Duperreault, who will then become Executive Chairman. AIG panel counsel members will want to monitor this...
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The Future of Business Development Post-COVID

Digital marketing is the future of business development for law firms, taking us into 2021 and beyond. While digital marketing is not new, it is newly urgent due to the coronavirus threat. It is easy to understand why digital marketing—also...
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Sharpen Your Law Firm Marketing Message

Prospective corporate and insurance clients looking for a new law firm want to know answers to obvious questions like, “Who are you and what can you do for me?” Law firms often respond with  “Blah, blah, blah …” Here are...
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Coronavirus Insurance Liability Considerations

As the number of confirmed cases worldwide approaches 500,000, the coronavirus (COVID-19) is a global emergency that is putting billions of people in a “shelter in place” status. Coronavirus insurance liability questions are being asked by insureds as preliminary estimates...
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Coronavirus Employment Defense as an Entry to SIR Accounts

The coronavirus is presenting employers of all sizes with a complex range of employment law issues. Insurance defense law firms with coronavirus employment defense response capabilities may find that helping employers to answer difficult HR questions can be both a...
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Business Interruption Coverage Questioned in NY

Business interruption coverage provided in commercial property insurance—including business owner policies, commercial multiple peril policies, and specialized multiple peril policies—must be explained to policyholders under a March 10 directive to property and casualty insurers issued by the New York Department...
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Trucking Nuclear Verdicts Drive Premiums Up

Nuclear verdicts against trucking companies are putting insurance premiums into overdrive. A nuclear verdict is defined as a jury award in excess of $10 million, according to a January 15 article in The Wall Street Journal titled, “Growing Insurance Burden...
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Panel Counsel Marketing Checklist for 2020

Marketing committee members at insurance defense law firms can utilize this "Panel Counsel Marketing Checklist" as part of their 2020 business development planning. ABC - Always Be Communicating with Clients! Current accounts represent 100 percent of your revenue base, so...
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How to Get on a D&O Insurance Panel

Directors & Officers (D&O) liability insurance protects the board members and officers of organizations against certain specified claims. Insurance defense law firms that defend insureds and their insurance carriers in management liability, corporate law, and employment practices liability (EPLI) claims...
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Auto Liability Panels & Car Safety

Defense counsel on auto liability panels for automotive insurance carriers may already be noticing the favorable impact of recent car safety advances. New automotive safety features—such as lane-keep assist, automatic emergency braking, and sensors that alert drivers to surrounding threats—are...
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Amazon Shifts Liability to Contractors

Amazon “delivery service partners” are required to sign agreements that “defend, indemnify, and hold harmless Amazon” in the event of an accident, according to a September 5, 2019 article jointly published by ProPublica and the New York Times. Contractors must...
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