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Digital insurance in 2018: Driving real impact with digital and analytics

McKinsey

Highlights from articles this year show the progress that has been made in reinventing the insurance landscape—and suggest more disruption to come.

Insurance 100
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Fifth Circuit Holds That Foreign Forum Selection Clauses Are Enforceable In Insurance Policy

The Energy Law

On August 20, 2018, Noble House’s yacht lost its port-side rudder while entering a channel in the Bahamas. The following day, Noble House advised Underwriters at Lloyd’s, its insurer, of the casualty, whose policy allegedly covered the claim. To date, Underwriters have not denied coverage. The case is Noble House, L.L.C. May 1, 2023).

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Why People Keep Buying and Building Homes in High-Risk Climate Change Zones

Energy Central

When a California wildfire wiped out the community of Paradise in 2018, it came as a consequence of poor decision-making by those who choose to live in high-risk climate change zones. When the people who owned or rented these properties went to renew insurance coverage, the companies. Not every home and building burned to the ground.

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2019 ABA Private Target Mergers & Acquisitions Deal Points Study

The Energy Law

The 2019 version of the study analyzes a greater number of transactions at 151 M&A deals that were executed or closed during calendar year 2018 and the first quarter of 2019 with transaction values ranging from $17 million to $500 million.

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Opportunity to Minimize the New Tax on 501(c)(3) Exempt Organization Employee Parking

The Energy Law

Due to the Tax Cuts and Jobs Act (“TCJA”) passed by Congress in December 2017, starting in 2018 many 501(c)(3) Exempt Organizations (“EOs”) are required to treat the cost of employer-paid qualified transportation and parking benefits as unrelated business taxable income (“UBTI”) to the EO.

E&A 40
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Louisiana Supreme Court Limits Effect of Collateral Source Rule in Personal Injury Cases

The Energy Law

2018-CC-0735 (La. 5/8/19), the Court held the collateral source rule inapplicable to medical expenses charged above the amount actually paid by a workers’ compensation insurer pursuant to the workers’ compensation medical fee schedule. Simmons , 2018-0735, p. In Simmons v. Cornerstone Investments, LLC, et al.

Casing 40
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Highly Anticipated En Banc Fifth Circuit Opinion Reframes Maritime Contract Analysis

The Energy Law

8, 2018). In a highly anticipated ruling, the United States Fifth Circuit Court of Appeals issued its en banc decision in In re: Larry Doiron, Inc. , 16-30217 (5th Cir.

Oil 40