Dyman Associates Insurance Group of Companies Review: Forsikring utviklingen i 2014

2014 was a busy year for insurance practitioners, legislators and jurists. The year brought one of the first court decisions concerning the availability of insurance coverage for losses arising out of a data breach. It also came with clarification as to when an insurer may (and may not) rely on policy exclusions after wrongfully refusing to provide a defense. Courts also added breadth to instances where insurers must indemnify administrative response costs. 2014 also was not without its fair share of legislative and regulatory developments, such as the Flood Insurance Reform Act of 2014, which addressed the flood insurance cost increases that resulted from the Biggert-Waters Act. Likewise, the year saw the introduction and passage of legislation and regulation requiring minimum amounts of insurance for ridesharing companies like Uber and Lyft. Each of these developments, and more, is discussed in the annual recap below.