Articles by Edward J. Stein

Dodging the “Direct Loss” Bullet

Dodging the “Direct Loss” Bullet

Courts have found the definition of a direct loss to be broader than what some insurers would believe.

 
All Sums, All Policies for Long-Tail Claims

All Sums, All Policies for Long-Tail Claims

A recent California Supreme Court decision clarifies the full extent to which policyholders facing long-tail environmental claims can tap into their historic policies to help pay for those costs.

 
Declining Asset Values and Fidelity Insurance Coverage

Declining Asset Values and Fidelity Insurance Coverage

A decline in asset values does not mean fidelity coverage can be denied.