Simply stated, insurance policy deductibles or retentions are a dollar threshold that must be satisfied before an insurer will pay any defense or indemnity costs on a claim. Many insureds seek to contain their insurance premium costs by purchasing policies with substantial six to nine-figure retentions or deductibles. Unsurprisingly, insurers tend to charge lower premiums if the insured is willing to retain more dollar risk for itself through retentions or deductibles. Suffice it to say that both retentions and deductibles are loss-shifting mechanisms, which shift away from the insurer a portion of the loss otherwise covered by an insurance policy.
On Episode 24 of Calfee NOW, Michael Bowen, Associate with Calfee's Government Relations and Legislation practice group, spoke with Chris Berry, President and CEO of OhioX. OhioX is a nonprofit organization that represents and connects those committed to growing Ohio’s economy through technology and innovation.
Every year in the peak of winter, football fans and non-football fans alike unite to sit around, eat chips and dip, and watch “The Big Game” (and the commercials). You may be puzzled at the vague and mysterious mentions of “The Big Game” that carefully avoid reference to the name everyone knows – “The Super Bowl.” That’s because the NFL owns the trademark rights to SUPER BOWL and is extremely aggressive in enforcing such rights.
In an M&A market that remains exceedingly frothy, many would-be buyers in the middle market are being forced to acquire the equity of a target company (rather than its assets) in order for their bids to be competitive.
Calfee Connections blogs, vlogs and other educational content are intended to inform and educate readers about legal developments and are not intended as legal advice for any specific individual or specific situation. Please consult with your attorney regarding any legal questions you may have. With regard to all content including case studies or descriptions, past outcomes do not predict future results. The opinions expressed may not necessarily reflect the view points of all attorneys and professionals of Calfee, Halter & Griswold LLP or its subsidiary. Updates related to all COVID-19 government assistance programs are provided with the most current information made available to Calfee at the time of publication. Clarifications and further guidance are being disseminated from government authorities on an ongoing basis. All information should be reaffirmed prior to the submission of any application and/or program participation.
- Calfee NOW: Valerie Pope, Executive Director of the Mechanical Contractors Association of Ohio, on Intel
- Calfee NOW: Congressman Troy Balderson on Intel
- Calfee NOW: Ohio Chamber of Commerce President and CEO Steve Stivers on Intel
- Satisfying Policy Retentions or Deductibles With Other People’s Money
- Calfee NOW Episode 24 With Chris Berry, President and CEO of OhioX
- Who Dey! How to Cheer on Your Cincinnati Bengals Without Committing Trademark Infringement
- Acquiring the Equity of an Entity Taxed as an S Corporation? Consider an “F Reorg.”
- Calfee NOW Episode 23 with Congresswoman Shontel Brown
- Calfee NOW Episode 22 With Ryan Puente, Chief of Government Affairs for the City of Cleveland