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Hunton Andrews Kurth LLP partner Syed Ahmad was quoted on July 20 in a Law360 article titled “R&W Insurance Claim Frequency Expected To Normalize.” The article discussed the recent reduction in R&W claims and industry experts’ expectations that claim frequency will return to normal levels this year. Mr.Ahmad commented on the challenges policyholders may face when disputing claims in court. In particular, while there is plenty of case law regarding disputes between buyers and sellers over breaches of representations and warranties, there is very little precedent on how those disputes will play out between the insurer and the buyer. In addition, Mr.Ahmad recommended that buyers planning to include an arbitration provision should specify required qualifications so that the right arbitrators are resolving the dispute.
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Publisher: Hunton Insurance Recovery
Publisher: Hunton Insurance Recovery
