Summer 2018: Self-Insurers and Risk Managers

Features

Insurance & Financial Services

ExxonMobil Corp.: How Indemnity Obligations May Limit Contractual Insurance Requirements

By Seth D. Lamden

The starting point in attempting to limit insurance requirements to the scope of indemnity—or ensuring that they are not so limited—will always be the insurance-related provisions in the contract.

Litigation & Trials

Does Counterclaim Litigation Exhaust a SIR? The Visionaid Effect

By Eric Hermanson

In a key Massachusetts case, an insurer with a contractual duty to defend was not required—by contract or the “in for one, in for all” rule—to pay the costs of an affirmative counterclaim on the insured’s behalf.

Did You Know?

Insurance & Financial Services

Securing Insurance for Social Engineering Exploits

By Roberta Anderson

Social engineering exploits that trick people into divulging sensitive information, transferring funds, and downloading malicious code may not be covered by typical cyber insurance policies.

Tort

TIPS Leadership Academy: 12 Years and 10 Classes Later

By Matthew J. Evans

The thirteenth class of the Section’s innovative Leadership Academy will convene on Amelia Island in October.

Tort

“When I Was a New Lawyer”: Roy Cohen

TortSource Interview with Incoming TIPS Chair Roy Cohen

TortSource interviews the incoming TIPS chair, who shares his path to leadership, advice for new lawyers, and an ambitious list of initiatives for his year at the Section’s helm.

Legislative Update

Tort

Tax Consequences of NDAs for Sexual Harassment Settlements under the 2017 Tax Cuts and Jobs Act

By Kati Sanford Goodner

The new tax law eliminates a business’s ability to deduct settlements or payments and eliminates related attorney fees when the settlement or payment stems from a sexual harassment or abuse claim and is subject to a nondisclosure agreement.

Book Review

Tort

How to Succeed as a Trial Lawyer, Second Edition, By Stewart Edelstein

Reviewed by Molly E. Meacham

Attorneys who crave a relatable and readable reference manual with fresh perspectives and strategies of value to new and experienced litigators alike will want to keep this practical guide close at hand.

What's New at TIPS

Tort

Meeting Round-Up : TIPS Section Conference in Los Angeles, California

By Christopher Kenney

A smorgasbord of 24+ hours of CLE and TIPS’s outdoor Gala at historic Paramount Studios on a perfect April evening highlighted the fourth annual Section Conference in Los Angeles.

Tort

“My Amelia Island” : TIPS Fall Leadership Meeting, October 10–14, 2018

By Madeline Meacham

Boasting spectacular beaches, a rich history from pirates to Native Americans, and charming Old Town Fernandina, the historic Florida isle off the coast of Jacksonville beckons as TIPS members convene to kick off the 2018–2019 bar year.

American Bar Association TM American Bar Association

Summer 2018: Self-Insurers and Risk Managers

Lessons from Heinz: The Harsh Reality of Rescission of an Insurance Contract

Features

ExxonMobil Corp.: How Indemnity Obligations May Limit Contractual Insurance Requirements

Does Counterclaim Litigation Exhaust a SIR? The Visionaid Effect

Did You Know?

Securing Insurance for Social Engineering Exploits

TIPS Leadership Academy: 12 Years and 10 Classes Later

“When I Was a New Lawyer”: Roy Cohen

Legislative Update

Tax Consequences of NDAs for Sexual Harassment Settlements under the 2017 Tax Cuts and Jobs Act

Book Review

How to Succeed as a Trial Lawyer, Second Edition, By Stewart Edelstein

What's New at TIPS

Meeting Round-Up : TIPS Section Conference in Los Angeles, California

“My Amelia Island” : TIPS Fall Leadership Meeting, October 10–14, 2018

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