Harvard Loses $15M in Excess Coverage Because of Late Notice of Claim August 11, 2023 By William Rabb Even the smartest institutions in the land can miss deadlines – and can lose $15 million in insurance coverage because...
Viewpoint: No Coverage for Claim Relating Back to Earlier Policy Period April 19, 2023 By Elizabeth Fisher The US District Court for the Southern Florida, applying Florida law, held that a directors and officers policy did not...
Viewpoint: The Cost of Late Notice to Your Company’s Insurer January 18, 2023 By Kelly Kirby Ballentine Company leaders—whether the general counsel, chief executive, or some other officer in charge—often call their outside counsel when a formal...
Missed Deadline Costs Harvard $15M in Insurance for Admissions Policy Defense November 3, 2022 By Andrew G. Simpson Harvard University’s failure to notify its insurer by the policy deadline has cost it up to $15 million in insurance...
8th Circuit: Late Notice Barred Coverage Under ‘Claims-Made’ Policy December 29, 2020 By Jim Sams Ace American Insurance Co. is not liable for the approximately $250,000 that an Arkansas school district paid to settle a...