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Has Your Company Suffered Losses from the Recent Flooding, Oil Spill, or Volcanic Ash? Coverage May be Available Under Your Company's Insurance Policies
If your company has suffered property damage or lost business as a result of recent catastrophic events – the extended closure of airspace due to volcanic ash from Iceland, the flooding of Nashville, Tennessee and…
Recent Decisions Find In Favor of Insurance Coverage for "Blast Faxes"
Numerous class action suits have been brought over the past several years under the Telephone Consumer Protection Act (“TCPA”) against entities that fax unsolicited advertisements (so-called “blast faxes”) to…
Data Breach Coverage: Underwriting at the Point of Claim?
The recently filed case of First Bank v. Federal Insurance Company reflects yet another financial services provider that was the subject of a data breach incident, and was forced into litigation with its insurers as…
Are Financial Institution Executives Becoming an Uninsurable Risk?
You may have noticed that premiums for Directors and Officers Liability (“D&O”) insurance are skyrocketing, largely as a result of the subprime lending crisis, stock market volatility, and the ensuing financial…
Welcome to the Consumer Financial Services Blog
Which among the following businesses are potentially subject to consumer financial services laws, rules, and regulations? A. a retail clothing chain B. a bank or mortgage company C. an internet retailer D. a fast food…