Photo of Christopher Sakauye

Chris Sakauye represents insurers in complex coverage matters. He is adept at assessing and applying current and developing trends in case law across all 50 states. His experience on a nationally recognized trial team also gives him unique insight into the pressure points that bring difficult cases to quick and efficient resolutions.

Statutory penalty interest can be a significant exposure for insurers in some jurisdictions. A court’s recent ruling in Alticor Global Holdings Inc., et al. v. American International Specialty Lines Insurance Co., et al., Case No. 1:17-cv-388, 2022 U.S. Dist. LEXIS 130101 (W.D. Mich. June 8, 2022), illustrates the potentially steep cost.
Continue Reading Michigan Coverage Dispute Highlights Steep Cost of Statutory Penalty Interest