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Does an excess insurer have an absolute right to veto a settlement under a policy’s “no action” and “no voluntary payments” clauses?  The Ninth Circuit has predicted that, under California law, the answer is no.  In a March 21, 2017 decis (More)
Duane Morris partner Alice Kane and associate Philip Goldstein recently wrote an article on "New Cybersecurity Regulations for New York Insurers and Banks," which was published by Law360. Over the last few years, the financial services industry (More)
By Thomas R. Newman The covenant of good faith and fair dealing that is implied by law in every liability insurance policy requires the insurer to concern itself with the interests and welfare of the insured as well as its own interests and welfar (More)