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  • Article

    What You Need To Know If Your Insurance Company Is In Financial Distress

    The decline in the financial markets has impacted the country's insurance underwriters. As some of these insurance companies face liquidity challenges or even potential insolvency, it is imperative that senior management and board members evaluate the viability of the carriers that participate in their insurance programs.
    United StatesInsurance
    King & Spalding
    King & Spalding
  • Article

    Capital Efficiency Revolution: How Sidecars Are Transforming P&C Insurance Investment

    While traditional investments struggle with single-digit returns, reinsurance sidecars are delivering up to 30%+ returns to institutional investors.
    United StatesInsurance
    Alvarez & Marsal
Alvarez & Marsal
  • Article

    How Increasing Global Sustainability Reporting Requirements Are Impacting Corporates And Re/insurers

    As thousands of organizations globally are increasingly required to comply with mandatory sustainability reporting requirements, what are the challenges for such organizations and their insurers?
    United StatesCorporate/Commercial Law
    WTW
    WTW
  • Article

    Can Sub-brokers Owe a Duty of Care to (Re)insureds?

    BP plc v Aon Ltd [2006] EWHC 424 (Comm) - This recent English High Court decision has ruled that an assured (in this case, BP) may be able to establish that a subbroker with whom it has no contractual relationship can, in certain circumstances, owe it a duty of care in tort.
    United StatesInsurance
    Chadbourne & Parke LLP
    Chadbourne & Parke LLP
  • Article

    IREG Update - October 16, 2015

    The Federal Insurance Office in its September 2015 "Annual Report on the Insurance Industry" criticizes state insurance regulators for inadequate efforts to develop consistent captive reinsurance standards.
    United StatesInsurance
    Dentons
    Dentons
  • Article

    NAIC Adopts Landmark New Standards On Credit for Reinsurance

    During its Fall 2011 meeting, the National Association of Insurance Commissioners ("NAIC") adopted important changes to its Credit for Reinsurance Model Law and Regulation following years of work on this issue.
    United StatesInsurance
    Morris, Manning & Martin, LLP
    Morris, Manning & Martin, LLP
  • Article

    Reinsurance Collateral Requirements – They Are A-Changing: An Update On The Covered Agreement Prior To The NAIC Fall Meeting

    In mid-November, the NAIC will be holding its fall meeting, bringing together insurance regulators, companies and stakeholders to discuss issues facing the insurance industry today.
    United StatesInsurance
    Mayer Brown
    Mayer Brown
  • Article

    The Undisclosed Principal in Insurance Law

    The English High Court ruled in October 2005 that the doctrine of "undisclosed principal" is of limited application in insurance law. If the policy itself does not contemplate that an assured is acting for a third party, and the insurer is unaware that cover is intended for the third party as well, then the undisclosed principal doctrine is unlikely to apply.
    United StatesInsurance
    Chadbourne & Parke LLP
    Chadbourne & Parke LLP
  • Article

    Insurance Industry Guide For Capital Markets

    This guide covers all related information that a securities practitioner needs when working with an insurance company. It provides an overview of the industry and covers applicable securities laws and regulations...
    United StatesInsurance
    Mayer Brown
    Mayer Brown
  • Article

    NAIC Issues Draft Guidance On Group Capital Calculation

    Controlling persons of insurance companies would be required to file an annual group capital calculation (GCC) with state insurance regulators, and such information would be subject to confidentiality...
    United StatesInsurance
    Herbert Smith Freehills Kramer LLP
    Herbert Smith Freehills Kramer LLP
  • Article

    Recent 1332 Waiver And Reinsurance Activity

    States are increasingly looking for ways to improve stability in their individual insurance marketplaces.
    United StatesInsurance
    Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.
    Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.
  • Article

    ‘Competitors' Challenges To The Merits Of A State Aid Decision Is A Tough Nut To Crack, The Scor (Court) Case Reminds Us'

    Back in 2013, Scor SE ("Scor"), whose subsidiary is engaged on the French market for the reinsurance of risks relating to natural disasters.
    European UnionAntitrust/Competition Law
    Orrick
    Orrick
  • Article

    California Wildfires And The Future Of Wildfire Risk Modelling

    The impacts of an insurance loss this large so early in the year could ripple through the industry, but greater uptake of modelling solutions may help in the long run.
    United StatesEnvironment
    WTW
    WTW
  • Article

    New US Wind Events Confirmation Template Published

    When a tornado or hurricane whips through a community such as Mena, the small Arkansas town affected by a tornado last month, in addition to the human toll, property losses can mount quickly.
    United StatesFinance and Banking
    Mayer Brown
    Mayer Brown
  • Article

    Alabama Supreme Court Affirms Summary Judgment In Favor Of Insurer Where Policyholders Cannot Demonstrate That Faulty Workmanship Claims Constitute Occurrences Under Policy

    In a recent case, the Alabama Supreme Court affirmed summary judgment in favor of insurer American Resources because its policyholders did not establish that faulty workmanship claims constituted "occurrences" triggering coverage under a business liability policy.
    United StatesInsurance
    Steptoe LLP
    Steptoe LLP
  • Article

    For A Surprised Reinsurer, That First Step Can Be A Big One

    When a reinsurer discovers facts contrary to those it contemplated when making its reinsurance contract, the first step it makes to address the problem can be critical.
    United StatesInsurance
    Foley & Lardner LLP
    Foley & Lardner LLP
  • Article

    Insurance Law - Week Of July 15, 2022

    The Sixth Circuit has ruled that a "contamination" exclusion precludes coverage for an Ohio insured's COVID claims, declaring in Dana, Inc. v. Zurich American Ins. Co., No. 21-4160 (6th Cir. July 6, 2022)(unpublished) ...
    United StatesInsurance
    Morrison Mahoney LLP
    Morrison Mahoney LLP
  • Article

    US NAIC Spring 2025 National Meeting Highlights: Life Actuarial (A) Task Force – Asset Adequacy Testing For Reinsurance

    On March 22 and 23, 2025, the Life Actuarial (A) Task Force (LATF) met at the Spring 2025 National Meeting of the US National Association of Insurance Commissioners (NAIC) in Indianapolis, Indiana.
    United StatesInsurance
    Mayer Brown
    Mayer Brown
  • Article

    What Might Be The Future Of The Dodd-Frank Act's Insurance And Reinsurance-Related Provisions In A Trump Administration?

    During the recent election campaign, President-elect Donald Trump pledged to repeal the Dodd-Frank Act if elected, criticizing the regulatory burdens it imposed on different portions of the financial services sector.
    United StatesInsurance
    Carlton Fields
    Carlton Fields
  • Article

    NAIC Amends Reinsurance Intermediary Model Act To Require Compliance With Discovery Orders

    The National Association of Insurance Commissioners (NAIC) in June adopted an amendment to the Reinsurance Intermediary Model Act (the Model Act) that would require intermediaries to participate in prehearing discovery if ordered to do so. If adopted in several key states, the amendment could serve as a tool for gaining access to crucial evidence in reinsurance arbitrations.
    United StatesInsurance
    Foley & Lardner LLP
    Foley & Lardner LLP
  • Showing 441–460 of 583 results

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