Mr. Turano has more than 10 years’ experience in the area of insurance law. He regularly counsels corporate policyholders on insurance issues, and has litigated coverage claims in both federal and state courts around the country. Mr. Turano’s expertise in insurance law spans a variety of coverages, including Commercial Property, D&O, Professional Liability, General Liability and Fidelity. In the area of CGL policies, Mr. Turano is one of the country’s foremost experts on coverage for intellectual property claims pursuant to Personal and Advertising Injury coverage grants. Mr. Turano has written numerous articles on insurance law, focusing in the area of copyright and trademark infringement claims and D&O insurance policies.
Explore Some Of Tab R. Turano's Top Posts
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Restitution or Disgorgement of Ill-Gotten Gains Is Insurable
Coverage for restitution, or disgorgement of so-called “ill-gotten gain,” is perhaps the most prevalent issue in the world of directors and officers (D&O) insurance, today. Years back, the Seventh Circuit Court of Appeals attempted to limit the scope of insurance coverage by declaring that “loss” within the meaning of an insurance policy does not include … Continue reading Restitution or Disgorgement of Ill-Gotten Gains Is Insurable . . . +More
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7 Tips for Fighting Back Against the D&O Personal Profit Exclusion
Few provisions in Directors and Officers (“D&O”) insurance policies have given rise to more litigation than the personal profit exclusion. For those unfamiliar, the provision generally excludes coverage for claims arising from or based upon the gaining of any personal profit, advantage or remuneration to which an insured was not legally entitled. Insurers typically allege … Continue reading 7 Tips for Fighting Back Against the D&O Personal Profit Exclusion . . . +More
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$48 Million Business Interruption Loss Affirmed by New York Court
In the world of first-party insurance, there are two seemingly simple concepts: (1) property insurance policies cover all risks of physical loss or damage during the policy period, and (2) business interruption insurance covers the insured’s lost profits during the period of restoration. Sometimes, however, as was the case in a recent coverage dispute in … Continue reading $48 Million Business Interruption Loss Affirmed by New York Court . . . +More