Articles by Edward J. Stein

Timing is Everything In Crime Insurance Claims

Timing is Everything In Crime Insurance Claims

Even the most carefully crafted crime coverage may have no value if policyholders wait until it is too late to take action against dishonest employees or dissembling insurance companies.

 
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.