We had a broker liability case not long ago involving a manufacturing facility on the banks of the Hudson River that got wiped out by Sandy. The client had no flood coverage. We argued that, under the particular circumstances of the case, the broker had an obligation to price the market for flood coverage, and
Limits of Liability
Determining the number of “occurrences”
By Gene Killian on
There’s an old story about famous Greek orators. When Demosthenes would speak, the people would say, “My, what a pretty speech!” But when Cato would speak, the people would say, “On to Carthage.” That’s because Cato was a one-issue guy (“Carthage must be destroyed”), and was excellent at convincing his listeners of the need for…