Search results for: “Litigation”

  • Asbestos Litigation and the Importance of Maintaining Policy Records

    Asbestos litigation affects many employers each year and can cost a company thousands of dollars in legal fees. When asbestos claims, complaints, and suits are filed, it is common for the alleged exposure period to date back many years or decades and name multiple employers. Even when a company has never worked with or used…

  • McGriff National Webinar Series

    About the Webinar Series Webinars typically take place on the third Thursday of every month at 2:00 p.m. Eastern time. Each webinar lasts approximately 60 minutes. Registration links are provided below with each webinar; a confirmation email will be sent to the email address provided. Reminder emails will be sent 24 hours and one hour…

  • Cyber – The Good, The Bad and The Ugly!

    Join professionals from Troutman Pepper, Keiter and McGriff to learn more about the growing threat of cybercrimes. Organizations of all sizes know that no one is exempt from cyberthreats. During this session, we will discuss insurance challenges, litigation, cyber hygiene, best practices, recent incidents, and more. Key Takeaways: Cybersecurity challenges 2025 state of cyber risk…

  • Compliance Q&A: Common COBRA Compliance Pitfalls

    Question When is COBRA continuation coverage required, and what are some common missteps to avoid? Summary The Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA) grants individuals the right to continue employer-sponsored health insurance coverage for a limited period after experiencing qualifying events such as a job loss or reduction in work hours. Despite its…

  • The Hammer Clause: How It’s Utilized to Resolve Disputes Between Carriers

    When a business faces a liability claim, the complexities of layered insurance policies that come with primary and excess policies can complicate a resolution. One critical tool that comes into play in these situations is the hammer clause and its enforcement through a hammer letter. Understanding how these mechanisms work is important for policyholders. What…

  • Client Advisory: Legal Update for Companies Incorporated in Delaware

    Bylaw provision can reduce litigation costs and streamline litigation Over the past three years, directors and officers of public companies trading in the United States have been named in more in securities claims filings than any prior three-year period in history. The plaintiff-friendly 2018 Supreme Court decision, Cyan, Inc. v Beaver County Employees Retirement Fund, has…

  • Compliance Q&A: Fiduciary Duties in Vendor Selection and Management

    Question My company hired a vendor to outsource the utilization management and appeals processes for our health plan. I have heard that we, as the plan sponsor, have a fiduciary duty to monitor the vendor’s activities. What does that mean, and, if this is really required, how can we comply? Summary The 1974 Employee Retirement…

  • Client Advisory: SEC Issues Disclosure Rule for Climate-Related Risks

    The McGriff Executive Risk Advisors team has observed a steady uptick in regulatory activity aimed at publicly traded companies (and certain privately held companies) over the last several years. One example was addressed in a previous McGriff client advisory related to a Securities and Exchange Commission (SEC) claw back rule. There was also the overreach by…

  • Market Advisory: Nevada AB 398/Defense Outside the Limit

    On June 3, 2023, Nevada Assembly Bill (AB) 398 was signed into law and is effective as of October 1, 2023. The law prohibits an insurer from issuing or renewing a liability policy that erodes the policy limits of liability by the costs of defense.   Notwithstanding any other provision of law, an insurer –including,…

  • Client Advisory: Florida House Bill 837

    On March 24, 2023, Florida Gov. Ron DeSantis signed House Bill 837 into law. The tort reform will have a significant impact on civil litigation going forward. What will this mean for Insurance? In this advisory, we will explore how this bill may affect claims. What is it? And how does it affect Insurance? Why…