The Seller's Role in a Buyer's Reps & Warranties Insurance Claim The idea that seller is “fully removed” from any post-closing liability as a result of an R&W insurance policy is incorrect. Unless the deal is structured as a “no survival” transaction, the seller commonly retains liability to the buyer with respect to satisfying a [...]
When Is Reps & Warranties Insufficient For Tax Exposures? A Discussion with Concord Specialty Risk Regarding the Coverage Afforded Under R&W Policies v. Tax Indemnity Policies Tax indemnity coverage is no longer sitting in the shadows. Although tax insurance pre-dated the existence of R&W insurance, it nevertheless sat dormant for decades while R&W insurance grew [...]
Dowling Hales Finds New Home With Vanbridge With the new year has come a new owner for Dowling Hales, an advisory firm focused exclusively on the insurance industry. Vanbridge Holdings LLC announced Jan. 5 that it acquired Dowling Hales, LLC and broker-dealer affiliate, Hales Securities, LLC, but it did not disclose the terms of the [...]
