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Article
U.S. Covered Agreement Policy Statement Affirms U.S. State-Based Regulation Of Insurance
We have posted several times on the negotiation and finalization of the Covered Agreement ("the Agreement") negotiated by the Obama Administration and approved by the Trump Administration with the European Union.
GlobalInsurance
Carlton Fields
Article
The Impact Of The Russia-Ukraine Conflict On The Insurance Industry, Part Five: A Look At Aircraft Insurers' UK Mega Trial Over Planes Stuck In Russia
Lewis Brisbois has commented extensively on the impact of the Russia-Ukraine conflict on the insurance industry. Adding to its four-part series on the fallout of the Russia-Ukraine conflict on the insurance industry...
GlobalTransport

Lewis Brisbois Bisgaard & Smith LLP

Productwise 3-2-1

Here's the next edition of our monthly bite-sized digest, Productwise 3-2-1 where each month, we'll be bringing to the top of your inbox (and your agenda)...

United StatesConsumer Protection

ALJ Issues First Decision In Contested CFPB Administrative Enforcement Action; Appellate Decision By Director Cordray Pending

The financial services industry is following Cordray’s handling of the appeal in this first contested CFPB adjudication.

United StatesFinance and Banking

Troutman Pepper Locke LLP

IRS Adjusted ACA Fee Amounts For The 2017 Policy Or Plan Years

The Patient-Centered Outcomes Research Institute (PCORI) fee was established under the Affordable Care Act (ACA) to advance comparative clinical effectiveness research.

United StatesFood, Drugs, Healthcare, Life Sciences

McDermott Will & Emery

American Conference Institute's 6th Annual Forum on AML and OFAC Compliance for the Insurance Industry

American Conference Institute's 6th Annual Forum on AML and OFAC Compliance for the Insurance Industry is the nation's premiere forum devoted to AML and OFAC compliance for the insurance and reinsurance industries.

United StatesInsurance

Captive Insurance Appeal In Reserve Mechanical Will Likely Fail

Legislated exemptions, such as the one provided under section 501(c)(15) for some insurance companies, are a public and open invitation to tax planning.

United StatesInsurance

Facultative Certificate's Stated Dollar Amount Only Caps Indemnity Or Expenses When No Losses, But Does Not Cap Expenses When There Are Losses

This week, the latest shoe dropped on the Bellefonte saga in New York federal court. Following the New York Court of Appeals' decision in Global Reinsurance Corp. of America v. Century Indemnity Co.

United StatesInsurance

Squire Patton Boggs LLP

Have You Registered Under MMSEA? New Reporting Obligations And Penalties For Medicare Secondary Payers

Beginning on January 1, 2010, extensive new Medicare reporting obligations will apply to insurance companies and other businesses that make payments to Medicare beneficiaries as a result of litigation claims.

United StatesInsurance

Duane Morris LLP

Insurer's Attempt To Shield Documents From Discovery Through Assertion Of The Mediation Privilege And A Relevancy Objection Is Unavailing

In a breach of contract and bad faith case emanating from an insurer's refusal to settle an underlying case within policy limits, the insurer was unsuccessful in its attempt to protect documents...

United StatesInsurance

Lessons In Administering A Master Service Agreement

Timely reporting would, perhaps, have established an exception to the exclusion.

United StatesInsurance

Michigan Amends Reinsurance Credit Statute To Conform To NAIC Model Law

On April 10, 2018 Michigan Governor Rick Snyder (R) signed Michigan Senate Bill 638 into law to amend the state's insurance code to conform to the NAIC's model law on reinsurance...

United StatesInsurance

New York's High Court Scales Back Reinsurance Liability Cap

Limiting its ruling to the certified question before it, the Court did not analyze the issue further to determine the ultimate outcome. Rather, the case now reverts back to the Second Circuit, given this guidance.

United StatesInsurance

New York Federal Court Largely Denies Motions For Summary Judgment On Issues In Breach Of Facultative Reinsurance Certificate Dispute But Grants Dismissal Of Quasi-Contract Claims

Defendant, Munich Re, moved for summary judgment relating to defense costs and allocation and Plaintiff, Utica, moved for summary judgment as to Munich Re's claim for reimbursement.

United StatesInsurance

Odyssey Reinsurance Obtains $3.2 Million Default Judgment And Injunctions Stemming From Fraudulent Transfers Made By Underwriter

Odyssey obtained a judgment against Cal-Regent in 2015 for $3.2 million to recover the amount of return commissions it was owed.

United StatesInsurance

Pre-Answer Security And Preclusion Based On Arbitral Decision — Who Decides?

In reinsurance disputes where one party is insolvent or has financial difficulties, the other side often demands security.

United StatesInsurance

Squire Patton Boggs LLP

President-Elect Trump's Potential Priorities For Insurance Regulation

Apart from a fundamental disagreement between the parties as to whether the Affordable Care Act ("ACA") should be repealed and replaced, insurance regulatory issues did not play ...

United StatesInsurance

Reinsurance And The Death Master File

In a traditional life insurance and reinsurance relationship, a life insurance company issues a policy to a policyholder and reinsures ...

United StatesInsurance

Squire Patton Boggs LLP

Texas Court Of Appeals Finds Texas Lacks Jurisdiction Over Mexican Insurer And Mexican Reinsurance Broker

In two companion decisions, a Texas court of appeals held that Texas lacks specific personal jurisdiction over a Mexican insurance company that provided a fronting policy to a Mexican insured ...

United StatesInsurance

Phelps Dunbar LLP

Treaty Tip: Is It An Insurance Policy Or A Reinsurance Agreement?

Whether a risk shifting agreement is an insurance policy or a reinsurance agreement may have important consequences.

United StatesInsurance

Showing 241–260 of 583 results

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