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PG & E is preparing bankruptcy for California fires

2017 Wilderness in Ventura County, California / SHUTTERSTOCK.COM (Reuters) – PG & E Corp., owner of the largest US power tool by number of customers, said Monday is preparing to submit for Chapter 11 bankruptcy For all its companies it faces potentially crushing debts in connection with disastrous fires in 2017 and 2018. The company's shares stumbled 55% in early …

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Hunton Andrews Kurth launches Blockchain Blog

On May 30, 2018, Hunton Andrew's Kurth LLP launched its Blockchain Legal Resource, a blog with discussion and analysis of the latest trends and developments in blockchain (distributed ledger) technology. Blockchain technology is changing the future of financial industry and business. Subscribe to the blog for Hunton Andrews Kurth Blockchain Legal Resource to get articles directly in your inbox and …

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2019 checklist for busy parents

Do you have any free time? No? You are a parent. We didn't think so. Because we know that you are so busy with children, dinners, work, home, traffic, gaming dates and who knows what else, we decided to create a checklist of the information that we think is most important for you to take deal with when we start …

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Assessment: Competent, uninterested and illegal. Are appraisers and contenders ever actually one of the three? | Property Insurance Coverage Law Blog

Recently, at the Professional Education Adjusters Association of New Jersey, I presented a training conference on the Insurance Assessment Area to approximately 30 public adjustments. During my preparation, I reviewed current and previous assessment regulations that are included in standard insurance. In my research, I found some very interesting differences in the insurance assessment provisions on three key words: competent, …

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How to create a will in 7 simple steps

Pop quiz, hotshot. Complement the following sentence: Making a will can be ___. Fun. Basic. Really important. Everything above. If you guessed D, congratulations: You just passed the simplest full-time pop quiz. If you guessed C, you're like a lot of people. You understand that having a will is critical, especially if you have children and / or large assets. …

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California Supreme Court Rules That General Liability Insurer Must Defend Employer Against Employee Misconduct Allegations

The Supreme Court of California has ruled that a general liability insurer must defend against allegations of employee misconduct, reinforcing the breadth of (1) what constitutes an "occurrence" under an employer's commercial general liability (CGL) policy and ( 2) the duty to defend regarding claims for negligent hiring, retention and supervision. The opinion in Liberty Surplus Ins. Corp. v. Ledesma …

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How To Get Gap Insurance

Courtesy of iii.org How gap insurance works When you buy or lease a new car or truck, the vehicle starts to depreciate in value the moment it leaves the car lot. In fact, most cars lose 20 percent of their value within a year. Standard auto insurance policies cover the depreciated value of a car – in other words, a …

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