PLAN'S YEAR IN REVIEW - 2018
2018 was the year of the rapid-fire news cycle. Cultural and social issues challenged every echelon of our legal system and stoked conflict around the globe.
EPL/LABOR & EMPLOYMENT
Change was the order of the day in employment law with the impact of the #MeToo movement reverberating throughout and employers and employees clashing over workplace rights.
Litigation strategy and maneuvering took center stage for PL and E&O carriers in 2018.
New ERISA disability claims and appeal procedures became effective April 1, 2018. Overall it was a mixed bag for employers when faced with ERISA challenges with Wells Fargo coming out on top.
In 2018 coverage and bad faith issues echoed through board rooms and again waded into the waters of cybersecurity as well as opening potential floodgates for new areas of liability.
Directors & Officers
If in previous years the courts seemed mostly unfriendly to corporations, our picks for this year demonstrate a pushback against aggressive shareholders and some lines in the sand for future litigants.
Financial institutions never stray too far from the limelight, to their dismay. This year saw a similar variety of cases involving credit reporting, securities and banking issues, combined with some illumination on the more recent practice of litigation funding.
Our newest category still remains top of mind for executives, insurers and consumers. As courts and regulators strive to define parameters and construe the bounds of liability and damages, carriers have endeavored mightily to reign in cyber exposure on all fronts.