Hinshaw Authors USA Chapter of Chambers Global Practice Guide on Insurance & Reinsurance – Trends and Developments
In a new Chambers Global Practice Guide, Hinshaw attorneys Scott Seaman—the co-chair of the firm's global Insurance Services Practice Group—Judy Selby, Jason Schulze and John DeLascio provide a wide-ranging review of key U.S. insurance and reinsurance trends and developments.
The authors note that 2020 was a year of unprecedented challenges for insurers and reinsurers, dominated by the COVID-19 pandemic. They begin by considering the avalanche of COVID-related business interruption coverage litigation, and caution that while early court decisions have mostly been favorable to insurers, the coverage battle is only beginning.
The authors then consider in turn developments in the following areas:
- Cyber-insurance claims
- Property insurance
- Business email compromise
- Data privacy violations
- Lead paint abatement
- Long tail claims – allocation
- Construction defect
- Opioids coverage
- Reinsurance issues
"Insurance & Reinsurance – USA Trends and Developments" was published by Chambers and Partners, February 2021.
The article concludes with a review of the potential impact of policy choices and priorities of the new Biden Administration