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Cargo insurance, underwritten by groups called managed risk clubs, covers almost every possible risk. Should the manager risk club decline payment on a claim for the loss or damage of a shipper's ...

As businesses are forced to close, travel is restricted, and supply chains are disrupted, it is a certainty that the COVID-19 virus will engender a plethora of insurance claims affecting all lines of ...

In International Painters and Allied Trades Industry Pension Fund v. Florida Glass of Tampa Bay, Inc., 2026 WL 191344 (4th Cir. Jan. 26, 2026, No. 25-1312), the Fourth Circuit held that the ...

Long-term contracts may contain valuable embedded options. I develop an alternative approach to traditional discounted cash flow (DCF) analysis for valuing the profits that are lost when a long-term ...