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Turning its attention to the growing role of managing general agents and similar entities appointed by insurers and reinsurers, independent insurance industry rating company AM Best Company...

In a unanimous decision on June 10, 2011—in Ulta Salon, Cosmetics & Fragrance, Inc. v. Travelers Property Casualty Co. - the California Court of Appeal for the Second District held that an insurer had no duty to defend or indemnify its insured for claims against the insured’s alleging violation of Proposition 65, the California Safe Drinking Water and Toxic Enforcement Act of 1986.

An attorney with "considerably more than ten years' experience of insurance and reinsurance law" has been deemed unqualified to arbitrate a reinsurance dispute stemming from the September 11, 2001 terrorist attack on the World Trade Center.

In this case, plaintiffs Keller Foundations LLC, a limited liability construction company ("Keller"), Hayward Baker Inc., a construction services corporation ("HBI"), and their parent Keller Group PLC...

This past summer, the Texas legislature passed and the Governor signed a law that allows Texas insurers to negotiate reinsurance contracts with foreign reinsurers that do not require 100% collateral before the insurer can receive a "credit" for reinsurance on their financial statements.

In recent years, there have indeed been efforts in the United States to address some of the concerns regarding reinsurance collateral that have been raised by the European Union and the various interested parties.

Recently there was welcome news for policyholders facing terrorism-related risks: President Obama signed into law the Terrorism Risk Insurance Program Reauthorization Act of 2015 (TRIPRA), a bill that extends the Terrorism Risk Insurance Act (TRIA) for six years.

Roderic McLauchlan and Avraham Sharabi of Clyde & Co discuss a recent Canadian case laying down a test for aggregation.

The NAIC model laws and regulations do not apply in a state unless adopted by the state.

The US Treasury Department and US Trade Representative (USTR) recently announced controversial plans to negotiate a "covered agreement" on insurance with the European Union...

Sometimes it is necessary to obtain evidence from non-parties during a reinsurance arbitration. Yet, the Federal Arbitration Act ("FAA") ...

Construction general liability policies are expensive in today's market. In response to this, insurance underwriters have attempted to make policies less expensive.

In 2011, Top's Personnel entered into a reinsurance agreement with Applied Underwriters Captive Risk Assurance Company ("AUCRA"), and several years later executed a promissory note...

The Eastern District of Pennsylvania recently ruled on several discovery motions in a reinsurance dispute between R&Q Reinsurance Company ("R&Q") and St. Paul Fire and Marine Insurance Company ("St. Paul") over underlying asbestos claims.

The Obama administration's sweeping regulatory reform proposal, released on June 17, 2009, contemplates the creation of a federal-level insurance regulator tasked with gathering information, developing expertise, negotiating international agreements, and coordinating policy in the insurance sector.

The Russia/Ukraine conflict has led to a monumental decoupling of Russia from the global economy, with dire consequences for many industries...

American International Group, Inc. (AIG), one of the world’s largest insurance conglomerates, has settled a variety of charges leveled against it by New York State and Federal Authorities.