Sat.Feb 04, 2023 - Fri.Feb 10, 2023

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Liability Considerations for Affordable Housing Developments

Scott Insurance

Affordable housing developments are a critical component of building a strong economy, and the need for affordable housing today is urgent. According to the National Low Income Housing Coalition’s 2022 Report, the U.S. is facing a shortage of 7 million affordable rental homes/units. While this need creates challenges for our communities, it simultaneously creates significant opportunity for affordable housing developers.

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Risk Management in the Metaverse

Hunton Andrews Kurth

For many, the “metaverse” sounds like some obscure sci-fi fantasyland. You may be asking, where is it? How does one get there? Chances are, if you are reading this article on a screen, then you are already interacting with what could be described as the metaverse. And if your business is operating in the metaverse, it is being exposed to new risks that need to be managed.

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Why Are Personal Auto Insurance Rates Increasing?

Scott Insurance

With very few exceptions, nearly every individual and family in the U.S. is facing higher-than-normal increases to their auto insurance premiums. According to Bankrate , an independent publisher and comparison service, auto insurance in the U.S. costs an average of $2,014 per year, an increase of 13.72% between 2022 and 2023. While individual rates will vary based on each individual’s circumstances and history, there are some general trends that are leading to these increases.

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Increased Risks, D&O Insurance Considerations, Following Delaware’s Extended Oversight Duties

Hunton Andrews Kurth

As reported today on the firm’s Insurance Recovery Blog, the Delaware Chancery Court recently held that the duty of oversight extended to corporate officers. The important decision came after McDonald’s shareholders sued the company’s former head of human resources, alleging that the officer breached his duty of oversight by “allowing a corporate culture to develop that condoned sexual harassment and misconduct.

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