Insurance Law Alert, March 2014
This Alert discusses recent New York rulings relating to the timeliness of disclaimers, the enforceability of a suit limitation clause, insurance broker liability, and the scope of coverage for cyberattack claims and SEC settlements. In addition, we address decisions from other jurisdictions relating to interpretation of "other insurance" clauses, contingent business interruption coverage and CAFA jurisdiction. Finally, we discuss decisions that address the appropriate forum for determining the timeliness of an arbitration demand and the preclusive effect of a prior arbitration.