Firm Seeks MDL for Business Interruption Claims

Burns Bowen Bair LLP has joined with other firms seeking to consolidate hundreds of federal lawsuits alleging that insurers have wrongly denied coverage to businesses impacted by COVID-19 shutdowns. Read more

Insurer Argues “Takeout” Operations Diminish Need for Insurance Class Action

Insurers are seeking to invalidate business interruption claims filed by restaurants and bars in three states, telling a Wisconsin federal court that continued access to takeout service demonstrates that the businesses have incurred no physical losses.
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Pre-IPO Companies May Need Stronger D&O Coverage

Concerns regarding regulations and compliance that are in need of individuals with more experience than founders and employees of the lead venture capital investors have startup companies preparing to go public regularly adding high-powered, independent directors to their boards.
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Mutual Fights Time’s $6.9M Settlement and Defense Costs

 

Mutual Insurance Co. is asking a New York federal judge to throw out a suit brought by Time Inc. demanding $6.9 million in indemnification of settlement and defense costs for class actions accusing the magazine company of deceptive marketing. Mutual claims that Time’s “intentional” unfair business practice is not covered by its policy. Read more

Insurers Argue Against Business Interruption Lawsuits

With COVID-related shutdown orders affecting businesses across the country, insurers are now fighting against consolidation of more than 100 federal lawsuits arguing they should receive business interruption coverage. Read more