Hunton Insurance Recovery Blog

It is not just your imagination:  verdicts are getting bigger.  So-called “nuclear verdicts” have increased in size and frequency over the past decade, particularly after the COVID-19 pandemic.  Litigation risk insurance is a little known, but highly effective, option meant to compliment traditional insurance products and provide additional protection for policyholders nervous about litigation exposure.

Adriana Perez, a Miami-based insurance coverage associate at Hunton Andrews Kurth LLP, was appointed to co-chair the National Association of Women Lawyers' (“NAWL”) Women in Insurance Practice Area Affinity Group. This group is designed for women lawyers to connect and facilitate discussion, brainstorming and consultation with one another regarding hot button topics across the entire insurance industry.

As co-chair, Adriana will help lead events and webinars to connect members, garner new membership and encourage young women in law school to explore the insurance ...

The United States Supreme Court recently accepted review of In re Kaiser Gypsum Co., Inc., 60 F.4th 73 (4th Cir. 2023), a Fourth Circuit decision concerning “whether an insurer with financial responsibility for a bankruptcy claim is a ‘party in interest’ that may object to a Chapter 11 plan of reorganization.” This issue, while one of first impression for the SCOTUS, has been litigated several times in the appellate courts, leading to a circuit split over the interplay between Article III and 11 U.S.C. Section 1109(b). 

Major sneaker brands have capitalized on new trends in technology and social media to hype sneaker culture. As sneakers become more popular, sneaker collections increase in value, thus increasing financial exposure for collectors and other entities in the sneaker industry. One might first think of theft, authentication, fire, floods, or market valuation as the general risks associated with sneaker collections. But many sneaker companies have made headlines over the past few years with numerous lawsuits against other sneaker companies and entities with issues ranging from traditional patent battles to exhaustive fights against counterfeiters. Often overlooked by collectors and sneaker companies alike, insurance can and does play a critical role in helping both collectors and companies faced with unexpected liability related to sneaker culture.