Tag Archives: Sergio F. Oehninger

Policyholder Urges 6th Circuit To Reverse Decision Finding No Coverage For Computer Fraud

In a recent brief filed in the Sixth Circuit, American Tooling Center, Inc. argued that the appellate court should reverse the district court’s decision finding no insurance coverage for $800,000 that American Tooling lost after a fraudster’s email tricked an employee into wiring that amount to the fraudster. As we previously reported here, the district … Continue Reading

Bloomberg Law Launches Cyber Insurance Suite Authored By Hunton Attorneys

Last week Bloomberg Law launched an online “cyber insurance suite” authored by Hunton attorneys, Walter J. Andrews, Sergio F. Oehninger, and Patrick M. McDermott. The online suite, available here and to Bloomberg subscribers, covers all aspects of cyber insurance, including identifying the major cyber risks and liabilities, applying for and obtaining cyber insurance coverage, and … Continue Reading

Excess Insurer Must Stay In Cyber Insurance Case

A California state court recently rejected an excess insurer’s attempt at an early exit from litigation over whether it owes coverage for cyber liabilities. In that case (previously summarized here), the policyholder, Cottage Health, suffered a data breach resulting in the disclosure of patients’ private medical information. Subject to a reservation of rights, Cottage Health’s … Continue Reading

After Television Production Is Sidelined Overseas, NBCU Fights to “Dig” Out of Its Coverage Gaps

In Universal Cable Productions LLC, et al. v. Atlantic Specialty Insurance Co., No. 2:16-cv-04435 (C.D. Cal. Oct. 6, 2017), the United States District Court for the Central District of California held that a “war” exclusion barred insurance coverage for losses arising from NBCUniversal’s decision to postpone and relocate production of its action-thriller miniseries Dig, due … Continue Reading

Idaho Restaurant Denied Coverage For Loss In Thailand

A recent decision highlights the need for businesses to carefully consider the applicability of insurance coverage across borders. In this case, the owners of an Idaho restaurant traveled to Thailand for business related to the restaurant. While in Thailand, thieves stole uniforms and decorations from the owners, who then submitted an insurance claim. The insurer … Continue Reading

Blockchain: Tapping Its Potential and Insuring Against Its Risks

In an article in the September issue of ABA Business Law Today, Hunton & Williams attorneys Lorie Masters, Sergio F. Oehninger, and Patrick McDermott discuss the increasing use of blockchain technology, the security of the technology, and insuring against the relevant risks. As they explain, the “potential disruptive uses of blockchain technology in the marketplace … Continue Reading

Connecting The Risks: Electric Vehicles and Insurance

In an article that first appeared in Electric Light & Power, Hunton & Williams attorneys Sergio F. Oehninger and Paul T. Moura discuss the growing Electric Vehicle (EV) industry and the risks posed due to the consequential strain on the power grid. As they explain, demand and investment in EVs will likely spur greater demand … Continue Reading

Hunton Insurance Lawyers Syed Ahmad and Geoffrey Fehling Discuss The Importance of Insurance Coverage for Commercial Drone Operations

From disaster preparedness and workplace safety to autonomous deliveries and performance arts, companies worldwide increasingly rely on drones as a natural extension of their business. Recent Federal Aviation Administration forecasts predict that nearly 4 million drones—over 420,000 of which will be used for commercial operations—will be operating in the U.S. by the year 2021.… Continue Reading

Texas Court Rejects Insured’s Bid To Litigate Coverage Action Against Mexican Insurer And Broker In U.S.

On August 22, 2017, a Texas state appellate court panel dismissed a Mexican candy and peanut manufacturer’s coverage action against its Mexican insurer and insurance broker due to lack of personal jurisdiction. See Seguros Afirme, S.A. de C.V. v. Elamex, S.A. de C.V., et al., No. 05-16-01465-CV (Tex. Ct. App. filed Aug. 22, 2017); Cooper … Continue Reading

Hunton Insurance Lawyers Analyze How Second Circuit’s Recent Opinion Regarding Employer’s Liability Exclusion Impacts Hospitality Industry Insureds

Liability insurance policies generally have an exclusion barring coverage for claims brought by the insured’s own employees. Many times, especially in the hospitality industry, a liability insurance policy provides coverage for various different companies. A common question is whether claims brought by an employee of one insured against another insured are covered under such a … Continue Reading

The Ball Is In Their Court: U.S. Insured May Have To Litigate Insurance Coverage Dispute In China

Dick’s Sporting Goods (“DSG”) sued a Chinese insurer, PICC Property and Casualty Company Limited Suzhou Branch (“PICC”), seeking coverage under a products liability insurance policy for personal injury claims arising out of a burst exercise ball. In Dick’s Sporting Goods, Inc. v. PICC Prop. & Cas. Co. Ltd. Suzhou Branch, No. 2:16-cv-01635-DSC-RCM (W.D. Pa. July … Continue Reading

Hunton Insurance Lawyers Sergio F. Oehninger and Geoffrey Fehling Provide a Primer on Insurance Coverage for FCPA Claims and Investigations

The frequency and magnitude of Foreign Corrupt Practices Act of 1977 (FCPA) (15 U.S.C. § 78dd-1, et seq.) investigations and claims continue to grow. Last month, the U.S. Securities and Exchange Commission announced that Halliburton Co. had agreed to pay $29.2 million in fines and penalties to settle allegations that its operations in Angola and … Continue Reading

ABA To Offer Cyber Insurance Coverage To Law Firms

The ABA announced last week that it would supplement its insurance coverage offerings to include cyber insurance. Chubb Limited will underwrite the insurance, which the ABA said “includes cyber coverage for a firm’s own expenses, such as network extortion, income loss and forensics, associated with a cyber-incident as well as for liability protection and defense … Continue Reading

With The Loss Of Another Icon, Employers Are Reminded To Prepare For The Risk Of A Fallen Star

With the passing of Bill Paxton coming on the heels of the deaths of several other lauded talents—including Carrie Fisher, Debbie Reynolds, and Mary Tyler Moore—fans continue to mourn the losses of their beloved artists, as well as the lost opportunities to see them in their upcoming roles.  And those losses reverberate across entertainment industries.  … Continue Reading

When Barristers Get Breached: Hunton Attorneys Discuss Insurance Coverage For Cyber-Related Risks Facing Law Firms

Law firms have become a popular target for cyberattacks. My colleagues Sergio Oehninger and Patrick McDermott recently authored an article in the ABA’s TYL magazine regarding insurance coverage for law firms for cyber-related risks. The full article is available here. In the article, Oehninger and McDermott identify the potential coverage issues firms may face under … Continue Reading

Protecting Against Brexit Risks Facing Latin America Through Cross-Border Insurance

The United Kingdom’s recent vote to sever ties with the European Union will have global economic consequences. The ramifications of an EU economic retraction resulting from financial uncertainty will undoubtedly reach Latin America.  The cross-border insurance industry will likely not be spared.  Multinationals with local operations must be proactive to get ahead of the storm … Continue Reading

Hunton Insurance Lawyers Levine and Oehninger Quoted on Impact of P.F. Chang’s Cyber-Coverage Loss

Hunton & Williams insurance lawyers, Mike Levine and Sergio Oehninger, were quoted today in a Law360 article analyzing the impact of the recent decision in P.F. Chang’s bid for coverage for certain losses stemming from a 2013 cyber breach. In a June 1, 2016 blog post, Levine and Oehninger criticized the court’s decision and forewarned … Continue Reading
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