News Room

Partners Lloyd Gura, Amy Kallal, Raymond Mastrangelo, and Matthew Lasky will be attending the ARIAS-U.S. Spring Conference on May 11-13 on Amelia Island, Florida. You can find out more information and register here.

New York Law Journal – Jeffrey Weinstein and Samuel Weiss Discuss Snap Removal in Federal Court

2022, News, Articles, Media Coverage

New York Law Journal published partner Jeffrey Weinstein’s and associate Samuel Weiss’ article, “Fast and Furious: Forum Defendants, Snap Removal and 28 U.S.C. §1441(b).” In it they examine the viability in federal circuit courts of the...

New Partner Lorraine C. Sylvester Brings A New Practice, Healthcare Liability, to Mound Cotton

Her team includes Special Counsel Colleen Martindale and Two Associates NEW YORK — Mound Cotton, a leading law firm representing insurance companies, announced today that Lorraine Sylvester, a healthcare liability attorney, joined the firm as a partner. She is joined...

CLM Annual Conference – Lloyd Gura Spoke on Reinsurance 101

Lloyd Gura was a panelist on the Reinsurance 101 session at the CLM (Claims and Litigation Management) Alliance Annual Conference in Palm Desert on March 25. With copanelists Mark DiTaranto from AXA XL, Steve Lokus from Navigators, A Brand of The Hartford, and Patrick...

PLUS BLOG – Barry Temkin Assesses Policy Erosion Limitations and Choice of Counsel

2022, News, Articles, Media Coverage

This article was published on the PLUS (Professional Liability Underwriting Society) Blog on March 14, 2022. Partner Barry Temkin and Robert Usinger, Esq. co-authored “Choice of Counsel and Policy Erosion for Professional Liability Policies Under the New York...

Forum Non Conveniens Doctrine — San Jose Sharks, et al. v. Starr Surplus Lines Insurance Company

2022, MCWG Decisions

San Jose Sharks, et al. v. Starr Surplus Lines Insurance Company In San Jose Sharks, et al. v. Starr Surplus Lines Insurance Company, et al., the California Superior Court dismissed all claims against MCWG client Starr Surplus Lines on the grounds that Plaintiffs, who...

Barry Temkin and Vander Beatty Speak About Pursuing a Career in Securities Law

Barry Temkin moderated a New York County Lawyers Association (NYCLA) Securities and Exchanges Committee CLE, “So You’re Interested in a Career in Securities Law,” on February 28, 2022. The webinar included a panel of securities attorneys who discussed how...

“Relation Back” Doctrine – Clourine Sealy V. National General Insurance Co.

2022, MCWG Decisions

Clourine Sealy v. National General Insurance Co. et al, 506107/2020 (Sup. Ct., Kings Co. Feb. 10, 2022) In this property insurance coverage dispute the plaintiff sued National General four days before the suit limitation period expired. National General moved to...

Inter-Governmental Philatelic Corp. v. Aspen American Insurance Co.: The Mysterious Disappearance Exclusion Revisited

2022, News, Articles

It is well-settled that the mysterious disappearance exclusion in an all-risk policy does not exclude from coverage the loss of property caused by theft[1]; rather, it precludes coverage for missing property where there is no physical evidence to show what happened to...

Voluntary Dismissal Ends Lawsuit — Boomerjack’s v. Owners First Property Assoc.

2022, MCWG Decisions

Boomerjack’s Grill & Bar v. The Members of the Owners First Property Association, docket No.: 3:21-CV-01022-X (U.S. Dist. Ct., N.D. Tex. Feb. 3, 2022) On February 3, 2022, Judge Brantley Starr of the U.S. District Court for the Northern District of Texas denied a...

Dustin Dubose On Business Interruption Reinstatement Claims Panel at LEA Conference

Partner Dustin Dubose will be speaking on the panel, “Business Interruption Reinstatement Claims,” at the Loss Executive Association (LEA)’s conference, “Celebrating 91 Years of Educating the Insurance Industry,” on February 3. The panel will provide...

Q&A: Impact of Remote Proceedings on International Arbitrations – Mealey’s

Featured, News, Media Coverage

This Q&A was published in the December 2021 issues of Mealey’s International Arbitration Report and Mealey’s Coronavirus Law Report. Senior Counsel Michael H. Goldstein was on a Q&A panel for Mealey’s International Arbitration Report and...

Mound Cotton Promotes Jodi Tesser, Stephanie Tippit, and Jared Markowitz To Partner

NEW YORK, January 5, 2022 — Mound Cotton announced today that they have elevated three attorneys to partner. Both Tesser and Markowitz work out of the New York office, and Tippit works from the Texas office. “We are honored to welcome Jodi, Stephanie, and Jared into...

Policy Language Not Defamatory – 470 4th Ave. Fee Owner v. Wesco Insurance

470 4th Ave. Fee Owner, LLC et al v. Wesco Ins. Co., 2021 WL 6097478 (N.Y.Sup.), 2021 N.Y. Slip Op. 32780(U) (Trial Order) (Sup. Ct. NY Co. Dec. 23, 2021) Plaintiffs alleged over $6.1M in damages for the insurance company’s denial of coverage for a new...

No Business Income Loss, No Microorganism Exclusion – Count Basie Theatre Inc. v. Zurich

Count Basie Theatre Inc. v. Zurich American Insurance Co., No. 21-615, 2021 WL 5980344 (D.N.J. Dec. 17, 2021) In Count Basie Theatre Inc. v. Zurich, the district court granted Zurich’s partial motion to dismiss, finding no coverage for the plaintiff’s business income...

COVID-19 Claims Not Covered by Business Interruption Policy – J. Kleinhaus & Sons v. Valley Forge

MCWG Decisions, 2021, Media Coverage

J. Kleinhaus & Sons, LLC v. Valley Forge Ins. Co., 2021 WL 5909978, No. 21 CIV 2202 (JPC), (S.D.N.Y. Dec. 14, 2021) Plaintiff, a diamond dealer, alleged that due to the pandemic and governmental closure orders, it was only able to conduct limited business and...

Partner Barry Temkin Discusses “Legal Ethics on the Silver Screen: Ethics for Insurance Lawyers and Adjusters”

Partner Barry Temkin gave a recent CLE on “Legal Ethics on the Silver Screen: Ethics for Insurance Lawyers and Adjusters.” Using excerpts from Hollywood films, Barry’s discussion was based on hypothetical questions arising from the ethical dilemmas...

“Residence Premises” Exclusion Disqualifies Coverage – Mountain Valley Indemnity Co. v. Hylton

Mountain Valley Indemnity Co. v. Hylton et al., 2020 NY Slip Op 34347(U) (Sup. Ct. NY Co. 2020), aff’d 154 N.Y.S.3d 763 (Mem)2021 N.Y. Slip Op. 06768 (1st Dept. Dec. 2, 2021) This is an update to the lower court decision which was reported last year and has...

Defendant’s Claims Not Viable – Lawrence V. Jose Izalde Franco Gabriciano

Lawrence v. Jose Izalde Franco Gabriciano, Nandez Trucking, Integon General Ins. Co and National General Ins. Co., Index 525877/2020 (Sup. Ct. N.Y. Co. Dec. 2, 2021) This case arises out of a motor vehicle accident. Plaintiff asserted contractual and bad faith claims...

No Direct Physical Loss or Damage – VMSB and VM South Beach v. Zurich

VMSB and VM South Beach LLC v. Zurich American Ins. Co., No. 650590/2021 (N.Y. Sup. Ct., N.Y. Cnty. Nov. 10, 2021) In VMSB v. Zurich, Judge Barry Ostrager granted Zurich’s motion to dismiss the complaint, in which the plaintiff, the owner of the Villa Casa Casuarina...

Mound Cotton and MCWG Attorneys Earned Rankings in 2022 Best Law Firms and Best Lawyers®

News, Press Releases

Mound Cotton is honored to be included in U.S. News-Best Lawyers and Best Law Firms rankings. We are ranked National Tier 2 in Insurance Law and Metropolitan, New York City Tier 2 in Insurance Law. We are also proud that two of our attorneys have been selected by...

The New York Prompt Pay Act for Construction Contractors — New York City Bar

Barry Temkin and Katharine Lechleitner spoke about New York ‘s Prompt Pay Act (PPA) and how it affects construction contractors at the New York City Bar on November 2. They discussed the PPA’s legislative history, common incorrect assumptions about...

Leadership Through Claims – Costantino Suriano, St. John’s Executive Speaker Series

Partner Costantino Suriano spoke on “Leadership Through Claims” at the Gamma Iota Sigma Executive Speaker Series at the Maurice R. Greenberg School of Risk Management, Insurance and Actuarial Science (GSRM), St. John’s University, on October 22.

Amy Kallal Spoke on Molestation Claims at AIRROC’s Legacy Transactions & Networking Forum

Partner Amy Kallal was a panelist on “Claims Updates: Molestation and PFAS” at AIRROC’s Legacy Transactions & Networking Forum on October 18. The panel was hosted by Marcus Doran, AIG. Her co-panelists were Sin Senh, Roux and Bill Mandia,...

Full Dismissal of COVID Claims for Mound Cotton’s Clients – Law360

News, MCWG Decisions, 2021, Media Coverage

In Raymours Furniture Co., Inc. v. Lexington Insurance Co. et al., No. 655167 2020, 2021 WL 4789148 (N.Y. Supr. Ct. N.Y. Cnty. Oct. 14, 2021), Mound Cotton’s clients were awarded a full dismissal with prejudice on the ground that the presence of the COVID-19 virus...

New York Insurance Law Firm Expands in Fort Lauderdale to Meet Coverage, Malpractice Demand – Daily Business Review

This article was published in Daily Business Review on October 14, 2021. Partners Wendy Stein Fulton and William Wilson spoke to the Daily Business Review about the firm’s strategy in Florida.

Maintaining the Confidentiality of Arbitration Awards When Petitioning for Relief in Court – ARIAS U.S. Quarterly

Partner Amy Kallal and Special Counsel Andrea Fort discuss recent cases involving the efforts to obtain access to arbitration awards which are filed as part of petitions to confirm or vacate. Some courts have allowed third-party access to awards just because the...

Builder’s Risk & Construction Symposium — Philip Silverberg Shares His Perspective on Emerging Construction Risks

Partner and committee member Philip Silverberg will speak on “Legal Perspectives on Emerging Construction Risks and Perspectives on Covid-Related Issues,” at the Builder’s Risk & Construction Symposium. His copanelist is Mark Katz from Ryan Specialty...

Zurich Wins Partial Summary Judgment; Insured’s $10 Million Contract Claim Dismissed – Mondelez International, Inc. v. Zurich

Mondelez International, Inc. v. Zurich American Insurance Company, Circuit Court of Illinois, Cook County In this litigation arising out of alleged damage to the computer systems of Plaintiff Mondelez International, Inc. (“MDLZ”) from the NotPetya computer malware...

Is A Societas Europaea Analogous To A U.S. Corporation For Purposes Of Diversity Jurisdiction? A Recent Case Concludes That It Is

A domestic corporation is a citizen of its state of incorporation and principal place of business for purposes of diversity jurisdiction.[1] By contrast, the citizenship of other “unincorporated” domestic business entities (such as limited liability companies and...

State Appellate Courts Are Split Re. Recouping Defense Costs

Does An Insurer Have An Entitlement to Recoup Defense Costs When No Duty to Indemnify Exists? In a case of first impression for the New York Supreme Court, Appellate Division, Second Department, the court chose not to follow prior decisions of its sister court and...

Damage Claim Time-Barred – Chan Tien Yang V. Mountain Valley Indemnity and National General

Chan Tien Yang v. Mountain Valley Indemnity Co. and National General Ins. Co., 725077/2020 (Sup. Ct., Queens Co., Sept 15, 2021) This case involved an insurance claim for alleged property damage as a result of a water pipe bursting. By decision dated September 28,...

Mound Cotton Adds Insurance Partner – Law360

This article was published in Law360 on September 21, 2021: “Mound Cotton Adds Ex-Kiernan Trebach Insurance Partner” by Matt Perez. Mound Cotton Wollan & Greengrass LLP expanded its Fort Lauderdale, Florida, office this month with the addition of a...

Mound Cotton Expands Insurance Practice in Florida With Commercial Litigator Wendy Stein Fulton

Ft. Lauderdale, FL — Mound Cotton is expanding its Florida office with the addition of partner Wendy Stein Fulton, a seasoned commercial litigator with experience representing clients in complex insurance coverage, commercial general liability, professional liability,...

No Direct Physical Loss or Damage – Crescent Hotels & Resorts v. Zurich and Interstate

Crescent Hotels & Resorts, LLC v. Zurich Am. Ins. Co. and Interstate Fire & Casualty Company, No. 2021-02974 (Va. Fairfax Cnty. Aug. 18, 2021) In the first Commonwealth of Virginia COVID-19 ruling, Mound Cotton secured a victory on behalf of its client, Zurich...

When a Law Firm Purchases Less Insurance Coverage Than Required By the Rules of Court

The Case Of Cadre v. Proassurance Casualty Company Rule 1:21-1B of the New Jersey Rules of Court governs the practice of law as a limited liability company, and provides in relevant part that “[a]ttorneys may engage in the practice of law as limited liability...

NY Prompt Pay Act for Construction Contractors – New York Law Journal

The New York Law Journal published “NY Prompt Pay Act for Construction Contractors,” written by partner Barry Temkin and coauthor Ken Eccleston, on August 10, 2021. This article provides an in-depth discussion of New York’s Prompt Pay Act, enacted in 2002...

Civil Unrest Claims — LEA’s Fall Conference, Jeffrey Weinstein

Partner Jeffrey Weinstein presented “Adjustment/Analysis of 2020 Civil Unrest Claims” at Loss Executives Association (LEA)’s Conference, the 2021 Golf and Education Event. Targeted towards insurance claim managers and adjusters, the course gave an...

Amy Kallal A Co-Panelist on “Reinsurance 101” at CLM’s Annual Conference

Partner Amy Kallal will be presenting – in person – “Reinsurance 101 for Claims Handlers: What You Need to Know and Why” at the 2021 CLM (Claims and Litigation Management) Alliance’s Annual Conference, on August 12, at 11:30 am. The panel...

Michael Koblenz Quoted in The Real Deal

Partner Michael Koblenz, who represents the buyer in a real estate sale in the Hamptons, commented on the it in The Real Deal. He filed a complaint with the Department of State, alleging gross misrepresentation and exaggeration of the circumstances by the agent and...

Now Available: Partner William Wilson’s Book, New Jersey Insurance Coverage Litigation – A Practitioners Guide

News, Articles

William Wilson published new book, NJ Insurance Coverage Litigation – A Practitioners Guide (2021), 3rd ed. With co-author Frank DeAngelis, they provide a broad overview of insurance coverage litigation in NJ involving the enforcement and interpretation of insurance...

Can There Be Coverage For A Ransomware Attack Under The Computer Fraud Provision Of A Commercial Crime Endorsement?

The Indiana Supreme Court Weighs In With the proliferation of computer crime these days, cyber insurance has become a must for businesses. There are many different types of cyber coverage available on the market, and the coverage that an insured purchases will have...

Partner Matthew Lasky and Associate Alexis Stevens Will Present “Privacy, Confidentiality, Data Protection, and Sanctions Clauses” at RAA’s Re Contracts 2021

Partner Matthew Lasky and associate Alexis Stevens will co-present “Privacy, Confidentiality, Data Protection, and Sanctions Clauses” as a Hot Topic at Reinsurance Association of America (RAA)’s Re Contracts: The Art of Designing Reinsurance...

Six-Year Delay Precludes Coverage – Farage v. Associated Insurance Management

Farage v. Associated Insurance Management Corp., et al., 2021 NY Slip Op. 50653(U), 2021 WL 2908692 (Sup. Ct., N.Y. Cnty. July 2, 2021) This case involved first-party property insurance coverage for fire damage to an apartment building located in Staten Island, New...

No Direct Physical Damage to Property – Benny’s Famous Pizza Plus v. Security National

MCWG Decisions, 2021, Media Coverage

Benny’s Famous Pizza Plus Inc. v. Security National Insurance Company, 2021 NY Slip Op. 31963(U), 2021 WL 2772403 (Sup. Ct. Kings Cnty. July 2, 2021) This case involved a business interruption claim for losses arising out of COVID-19 closures. By decision dated...

Raymond Mastrangelo To Discuss “The Scope of an Arbitration Panel’s Authority” at AIRROC

Raymond Mastrangelo will speak on a panel discussing “The Scope of an Arbitration Panel’s Authority” at AIRROC’s Summer Membership Meeting on July 14. Joining Raymond on the panel is Ann Field, Senior Managing Director, Head of Client Services...

No Physical Impact or Damage – Marilyn’s Kids v. Continental Casualty Company

MCWG Decisions, 2021, Media Coverage

Marilyn’s Kids, Inc. d/b/a Denny’s v. Continental Casualty Company, Civil Action No. 20-8641, 2021 WL 4488598, (D.N.J. June 30, 2021) This case involved a claim for business income losses from COVID-19 under a first-party property insurance policy. The plaintiff, a...

$4.5 Million Claim Dismissed – Shea Properties Management v. The Continental Insurance company

2022, MCWG Decisions, Media Coverage

Shea Properties Management Co., et al. v. The Continental Insurance Company, et al., Case No. SA CV 21-00514, 2021 WL 4815208 (C.D. Cal. June 29, 2021) U.S. District Judge David O. Carter dismissed the complaint in a $4.5 million builder’s risk insurance coverage...

Reinsurance Arbitration Awards — An Uphill Battle?

Maintaining Confidentiality When Petitioning for Relief in Court A long-running dispute between Pennsylvania National Mutual Casualty Insurance Company and one of its reinsurers, Everest Reinsurance Company, recently culminated in the unsealing of an award from an...

Why Legacy Insurance Coverage May Not Protect Early Adopters of Bitcoin – Law360

This article was published on Law360.com (subscription required) on June 10, 2021, in Insurance Authority, and in the daily Insurance newsletter. It was written by Partner Amy Justine Kallal, Special Counsel Andrea Fort, and associate Andrew Romano. On June 9, El...

No Coverage Under Professional Liability Policies – Napoli Shkolnik, PLLC v. Greenwich Ins. Co.

Law firm Napoli Shkolnik, PLLC sought coverage under professional liability insurance policies issued by Greenwich Insurance Company and Hudson Excess Insurance Company for a lawsuit filed against it in federal court in Maryland, alleging that it had breached...

Vanessa Durante and Ethan Friedman Join Mound Cotton as Special Counsel, Expanding the Firm’s Insurance and Commercial Litigation Practices

This announcement appeared in PC360: People on the Move. Partner Kathleen DeLaney and Special Counsel Benjamin R. Messing joined earlier this year, as well as two new associates, expanding the firm’s footprint NEW YORK (May 24, 2021): Mound Cotton Wollan &...

Mound Cotton Ranked in Chambers US 2021 Guide; Partner Lloyd Gura Is Individually Ranked

News, Press Releases

Mound Cotton’s Insurance practice group is ranked in Insurance: Dispute Resolution: Insurer, New York, in Chambers and Partners USA’s 2021 guide to the top lawyers and law firms in the United States, with partner Lloyd Gura recognized in Band 3. Click here to view the...

Calculation of Insured’s Business Interruption Loss Must Include “Make-Up” – ACON Investments v. Various Insurers

ACON Investments v. Various Insurers MCWG represents a market of insurers that provided first-party property coverage to the insured, which made a claim for business interruption coverage arising out of damage to and closure of certain insured locations – grocery...

Barry Temkin Will Discuss The Remote Practice of Law at NELA Spring Conference

Partner Barry Temkin will discuss The Ethics of the Remote Practice of Law, and ABA’s Ethics Opinion 498, at NELA/NY’s (National Employment Lawyers Association) Spring Conference on May 14. With his co-presenter, Jennifer Goldsmith at Ironshore, he will...

Same Virus, Different Outcomes

State and federal courts across the country are grappling with insurance coverage litigation, as insureds who suffered business losses due to government-mandated shutdowns look to their property insurers for relief. These cases present the following key issue for...

Barry Temkin To Discuss Ethics Issues on Infrastructure Projects at PLI’s Construction Projects and Infrastructure 2021

Partner Barry Temkin will be presenting on “Ethics Issues on Infrastructure Projects” at PLI’s virtual conference, Construction Projects and Infrastructure 2021, on May 13. Some topics he will discuss include: Making the best deal for your client...

No Direct Physical Loss or Damage – 6593 Weighlock Drive v. Springhill SMC Corp.

6593 Weighlock Drive, LLC v. Springhill SMC Corp., 71 Misc. 3d 1086 (N.Y. Sup. Ct. Onondaga Cnty. 2021) In 6593 Weighlock Drive, the Court dismissed a breach of contract action against Mound Cotton’s client, Zurich American Insurance Company, on the ground that the...

Partner Barry Temkin on ABA Ethics Opinion on Remote Working – Law360

Barry Temkin co-authored “ABA Remote Work Guide Raises Bar For Atty Tech Know-How” in Law360 (subscription required) with Jennifer Goldsmith, vice president of professional liability claims at Ironshore, discussing ABA Ethics Opinion 498, a new opinion...

Preventing Coronavirus Claims: Strategies for Architects and Engineers

News, 2021

This article was published on Liberty Mutual’s website. You can access it here. This article will consider potential future claims against design professionals that are expected to arise from the Covid-19 pandemic and offer recommendations for how design...

No Subject Matter Jurisdiction, No Exceptions to Statutory Prohibition Against Appeals – Peter Max v. Great American Security Insurance Co.

Peter Max v. Great American Security Insurance Co., No. A-42-19, 2021 WL 922106 (N.J. Super. Ct. App. Div. Mar. 11, 2021) In Peter Max v. Great American Security Insurance Co., the New Jersey Appellate Division dismissed an appeal from an order confirming an appraisal...

Partner Amy Kallal will moderate a webinar, “The Powers of Arbitrators in the Virtual Age and Beyond,” hosted by ARIAS–U.S.

Amy Kallal will moderate a webinar, “The Powers of Arbitrators in the Virtual Age and Beyond” on March 16. Hosted by ARIAS–U.S., the panelists, including Larry Greengrass from ARIAS-US and certified arbitrators Susan Grondine-Dauwer from SEG-D Consulting LLC and...

Water Exclusion Applies – 180 Lafayette Corp. v. Wesco Ins. Co.

180 Lafayette Corp. v. Wesco Ins. Co., et al., 2021 NY Slip Op 30230(U), 2021 WL 256631 (Sup. Ct., New York Co. Jan. 26, 2021) This case involved an insurance claim for property damage following water damage to plaintiff’s insured building that was caused by a toilet...

New Developments in Law Firms’ Obligations to Protect Against Data Breaches – New York Law Journal

This article was published in the New York Law Journal on January 15, 2021. In addition to a 2018 ABA ethics opinion which outlines when law firms are ethically obligated to notify clients of data breaches jeopardizing the security of their confidential information,...

When Should Law Firms Notify Clients About Data Breaches?

Articles, 2021

Much has been written in recent years about lawyers’ duties to preserve the confidentiality of client information under the rules of professional conduct and to take reasonable precautions to strengthen cybersecurity in order to avoid data breaches. Executing those...

Mountain Valley Indemnity Co. v. Hylton

Mountain Valley Indemnity Co. v. Hylton, 2020 NY Slip Op 34347(U) (N.Y. Sup. Ct. Dec. 1, 2020) This case involved an insurance coverage dispute arising out of an underlying action for personal injuries allegedly sustained by the claimant when she tripped and fell on...

Welcome to our New Partners, Eric T. Krejci and Steven P. Nassi

News, Press Releases

We want to extend a warm welcome to our new partners, Eric T. Krejci and Steven P. Nassi, both resident in the New York office.

Downstairs Cabaret, Inc. v. Wesco Insurance Co.

Downstairs Cabaret, Inc. v. Wesco Insurance Co., 187 A.D.3d 1642 (4th Dep’t 2020) This appeal concerned whether an insurance policy includes coverage for actual loss of business income when the declarations do not contain a limit for such loss, and whether an insurer...

Partner Matthew Lasky to speak at the Re Underwriting 2020 — Underwriting Fundamentals and Current Issues For the RAA on November 5, 2020

MCWG Partner Matthew Lasky will be a panelist in the ‘Hot Topic Panel – Underwriting in the Time of Covid 19’ at the Re Underwriting 2020 — Underwriting Fundamentals and Current Issues for the Reinsurance Education Institute of the Reinsurance...

Trim v. New York Property Insurance Underwriting Association

Trim v. New York Property Insurance Underwriting Ass’n, Index No. 718936/2019 (N.Y. Sup. Ct. Sept. 23, 2020) The plaintiff sued New York Property Insurance Underwriting Association for additional recovery after NYPIUA paid for damage caused by a covered windstorm. In...

Napoli Shkolnik, PLLC v. Greenwich Insurance Co.

Napoli Shkolnik, PLLC v. Greenwich Insurance Co., Index No. 657246/2019 (N.Y. Sup. Ct. Sept. 18, 2020) Nearly two years after it was sued in federal court in Maryland, the law firm Napoli Shkolnik reported the suit to its professional liability insurers, Greenwich...

Partners Matthew Lasky and Amy Kallal to Present at AIRROC’s Work from Home Webinars on September 29th

Partners Matthew Lasky and Amy Kallal have prepared updates on two key areas for AIRROC’s Work From Home Webinars that they will present on September 29, 2020. To sign up or find out more about the webinars, ‘Vaping: What’s Hiding Behind the Puff of...

Passport Resorts LLC v. AmRisc, LLC

Passport Resorts LLC v. AmRisc, LLC, H046354, 2020 WL 4932287 (Cal. Ct. App. Aug. 21, 2020) Mound Cotton prevailed on an appeal of the denial of a motion to compel arbitration. The insured operated a luxury hotel in Big Sur, California. In February 2017, severe...

“Is Senator Richard Burr Guilty of Insider Trading under the STOCK Act?” – New York Law Journal

This article was originally published in the New York Law Journal on July 20, 2020. Expert Opinion The SEC and U.S. Justice Department are investigating suspicious stock trades made by U.S. Senator Richard Burr in February 2020, which might have been based in part...

Stein v. National General Insurance Co.

Stein v. National General Insurance Co., 2020 N.Y. Slip Op. 31814(U), 2020 WL 3124237 (N.Y. Sup. Ct. June 9, 2020) This case involved the insured’s claim for water damage to his apartment caused by a broken pipe. After he reported the claim, the insurer, National...

Pan Am Equities, Inc. v. Lexington Ins. Co.

Pan Am Equities, Inc. v. Lexington Ins. Co., 959 F.3d 671 (5th Cir. 2020) Lexington Insurance Company was involved in a $6.8 million Hurricane Harvey-related dispute regarding the application of a “Named Storm” deductible as opposed to a “Flood” deductible. Pan Am...

SEC Regulation Best Interest: A Practical Guide for Broker-Dealers and Investment Advisers

Articles, 2020, Media Coverage

On June 30, 2020 registered securities broker-dealers must begin their compliance with new SEC Regulation Best Interest and Form CRS Relationship Summary/Form ADV Part 3, which were announced by the Securities and Exchange Commission on June 5, 2019.[1] These new...

Pacquette v. Tower Insurance Co.

Pacquette v. Tower Insurance Co., Index No. 5001153/19 (N.Y. Sup. Ct. May 12, 2020) The plaintiffs waited almost four years after a loss to commence an action against their insurer. Tower Insurance Company moved to dismiss the complaint on the ground that it was filed...

Partner Costantino Suriano Organized and Spoke at the Fourth Annual LEA seminar at St. John’s SRM

Partner Costantino Suriano spoke at and organized the fourth annual Loss Executive Association (LEA) seminar, held at St. John’s Maurice R. Greenberg School of Risk Management (SRM), for the school’s students. To graduate, these students must take an educational...

Williams v. New York Property Insurance Underwriting Association

Williams v. New York Property Insurance Underwriting Association, 183 A.D.3d 410 (1st Dep’t 2020) The Appellate Division, First Department, affirmed the grant of summary judgment to New York Property Insurance Underwriting Association, which argued that it had...

Partner Matthew Lasky’s Article Published in The Journal of Reinsurance 2020

Articles, 2020, Media Coverage

Partner Matthew Lasky’s article, “Data Protection: Harmonizing Tensions Between the NAIC’s ‘Insurance Data Security Law’ & Traditional Access-To-Records Provisions” was published in the Journal of Reinsurance 2020, Volume 27, Number...

Hayden Asset VIII, LLC v. Public Service Mut. Ins. Co.

Hayden Asset VIII, LLC v. Public Service Mut. Ins. Co., No. 161751/2014, 2020 WL 1275533 (N.Y. Sup. Ct. Mar. 11, 2020) In this case, the insured made a claim for water damage as a result of a frozen sprinkler rupture. After the loss, the insured sold the property. A...

Brosamer & Wall, Inc. v. Zurich American Insurance Co.

Brosamer & Wall, Inc. v. Zurich American Insurance Co., No. C 19-01872, 2020 WL 1031139 (N.D. Cal. Mar. 3, 2020) Mound Cotton won a significant victory on behalf of Zurich American Insurance Company in a case brought by its insured, Brosamer & Wall, Inc. The...

Partner Barry Temkin to Speak at the New York State Bar Association program on “Securities Arbitration 2020: Deep Dive.”

Partner Barry Temkin will be speaking on March 6 at the New York State Bar Association program on “Securities Arbitration 2020: Deep Dive.” See attached brochure for more information.

Barry Temkin quoted in Investment News re. the need for accurate communications in disclosures

Partner Barry Temkin was quoted in an article in Investment News, “Finra fines Prudential $1 million over inaccurate retirement-plan information,” discussing FINRA’s recent enforcement action resulting from an inquiry of Prudential Investment Management...

MCWG will once again sponsor, and this year defend its championship, at the upcoming “Frozen Apple VII” Insurance Industry Outdoor Hockey Game on January 18

Defending Champion Mound Cotton will once again be sponsoring a team at the “Frozen Apple VII” insurance industry outdoor hockey game, taking place on January 18 at Lasker Rink in Central Park. Jeff Weinstein and Ken Labbate will be skating for MCWG. Proceeds from...

193 Hooper Street Condo v. Wesco Insurance Co.

193 Hooper Street Condo v. Wesco Insurance Co., No. 657266/2017, 2020 WL 228355 (N.Y.Sup. Ct. Jan 10, 2020) Pursuant to a first-party property policy, Wesco Insurance Company denied a claim for water damage to a commercial structure. Specifically, the third floor unit...

MCWG Attorneys will attend the Loss Executives Association conference in Ft. Lauderdale from January 15th to the 17th

Several MCWG attorneys will be attending the Loss Executives Association’s 89th Annual Meeting & Mid-Winter Educational Program in Ft. Lauderdale, Florida, from January 15th to the 17th. Partner Jeffrey Weinstein will be a featured speaker, presenting a...

Aghadiunio v. New York Property Insurance Underwriting Association

Aghadiunio v. New York Property Insurance Underwriting Ass’n, Index No. 80004/2019 (N.Y. Sup. Ct. Jan. 3, 2020) The plaintiff originally sued New York Property Insurance Underwriting Association pro se and filed an amended complaint pro se. Thereafter, an attorney...

CLMS Management v. Amwins

CLMS Mgmt. Servs. Ltd. P’ship v. Amwins Brokerage of Georgia, LLC, No. 3:19-CV-05785-RBL, 2019 WL 7185547 (W.D. Wash. Dec. 26, 2019) This case concerned the enforcement of an arbitration clause in an insurance policy. The insured, a Washington entity, filed suit in...

Mound Cotton Wollan & Greengrass was proud to be Santa’s Helpers for Brooklyn Public School 131

On December 18th MCWG participated in Brooklyn Public School 131’s Annual Toy Drive. Each child in the assigned third grade class wrote a letter to Santa Claus and our firm gladly granted their wishes. Click play to watch the video above.

Eubanks v. NYPIUA

Eubanks v. New York Property Insurance Underwriting Association, Kings Co. Index No. 523461/2017 (NY Sup. Ct. Kings Co. 2019). Plaintiff brought a motion to dismiss two affirmative defenses asserted by New York Property Insurance Underwriting Association in its...

Lamonica v. Hartford

Lamonica v. Hartford Ins. Co. of the Midwest, No. 5:19CV78-RH-MJF, 2019 WL 8063350, (N.D. Fla. Nov. 27, 2019) This case concerned a claim for damage to a residential property as a result of Hurricane Michael in October 2018. Hartford Insurance Company of the Midwest...

Gonzalez v. Archer Daniels Midland

Gonzalez v. Archer Daniels Midland Co., No. CUM-L-228-19 (N.J. Super. Ct., Law Div. Nov. 19, 2019) In this products liability action, plaintiff sought to hold Stephan Machinery liable under the New Jersey Product Liability Act, N.J.S.A 2A:58C-1 to -11, for personal...

Partner Costantino Suriano was a Speaker at the LEA 2019 Young Professionals Seminar at St. John’s University School of Risk Management on November 7th

Congratulations to our Partner Costantino Suriano for speaking about Cyber Law at the LEA 2019 Young Professionals Seminar at St. John’s University School of Risk Management on November 7, 2019. The seminar had presentations that covered: Cyber Attacks & Risks,...

Partner William Wilson will be Speaking at the DRI Complex Coverage Forum on November 6