PLUS Blog

A place to share thoughts on professional liability insurance

21 12, 2023

The Year in Review: Key Management and Professional Liability Decisions Issued in 2023 Webinar Recap

By |2023-12-21T08:44:21-06:00December 21, 2023|@PLUS, PL Insurance, Webinars|0 Comments

As we head into the end of 2023, this webinar will explore the perennial coverage issues in the professional and management liability space and discuss key insurance coverage decisions issued within the past year. Attendees will learn what judicial trends have developed in 2023, how policy language can be modified to avoid coverage litigation, and what the potential emerging coverage issues are. The Year in Review webinar hosted by PLUS not only attracted an impressive gathering of over 150 attendees but also provided a comprehensive overview of pertinent cases within the industry. With a panel featuring six distinguished figures in [...]

19 12, 2023

Inside the PLUS Directors and Officers Think Tank: Unveiling Insights and Innovations in Professional Liability Insurance Markets

By |2023-12-15T10:09:56-06:00December 19, 2023|@PLUS, D&O, PL Insurance|0 Comments

The PLUS Think Tanks are a new volunteer role that provides PLUS staff with valuable insights on a variety of professional liability insurance markets. Think Tanks meets 2-3 times per year to provide ideas for the PLUS Symposium as well as the other PLUS content channels including webinars, the PLUS Journal Blog, and podcasts. During the PLUS D&O Think Tank call in September, the group discussed several topics and areas of interest for professional liability practitioners including: Securities class actions and litigation funding Derivative claims Artificial intelligence (AI) and API FI-books and the banking crisis ESG and the political landscape [...]

14 12, 2023

Beyond the Exclusionary Rule: Claims for Pure Economic Loss in Singapore

By |2023-12-14T08:54:09-06:00December 14, 2023|@PLUS, Guest Blog, PL Insurance|0 Comments

Under English law, pure economic loss claims under the tort of negligence are generally excluded. The Singapore courts take a different approach and have held that there is no such general exclusionary rule under Singapore law – litigants and lawyers should instead refer to the universal framework widely referred to as the Spandeck test. English Law The English common law traditionally recognised a tortious duty to take care to avoid causing physical injury or damage to persons or property. Where a negligent act or omission caused a claimant to suffer physical property damage or personal injury, the resultant economic loss [...]

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