583 results found

In a recent opinion, a Massachusetts appeals court was required to determine who is liable to pay workers' compensation benefits owed by a self-insured employer that has gone bankrupt?

On September 20, a federal district court in the District of Columbia dismissed a lawsuit brought by reinsurers of the federal crop insurance program.

The Eleventh Circuit affirmed a district court's order compelling discovery and awarding contempt sanctions after a man refused to answer discovery requests and defied orders requiring production of documents in a divorce proceeding.

The Court of Appeal of England and Wales approved the judgment of the trial court in a reinsurance dispute between Axa and Arab Insurance Group (Arig) related to certain insured energy construction risks.

A federal court in Georgia recently granted the plaintiffs-cedents' motion for leave to conduct certain expedited discovery from their reinsurer...

Parametric or index-based insurance programs peg claims to specific characteristics of natural disasters rather than the usual insurance arrangement basing payouts on actual losses sustained.

The suit arose out of an arrangement where lenders would refer borrowers to (now-defunct) Triad Guaranty Insurance Company (Triad) to obtain private mortgage insurance.

The filed-rate doctrine precluded recovery of deficiency assessments the Workers' Compensation Reinsurance Association (WCRA) levied against employers which were alleged to have been wrongfully collected...

Northern District Of Georgia Orders Cedent To Produce Information On Its Payment Of Claims.

The Nonadmitted and Reinsurance Reform Act of 2010 ("NRRA") provisions are applicable in Puerto Rico.

Plaintiffs secured an interim arbitration award in the amount of $7.8 million, plus interest, in what the court described as a complex insurance/reinsurance program.

Capitol Life Insurance Co. moved the Court of Appeals for the Fifth District of Texas for rehearing of the court's prior affirmance of summary judgment against Capitol in favor of MetLife Insurance Company USA...

Capitol Life Insurance Co. moved the Court of Appeals for the Fifth District of Texas for rehearing of the court's prior affirmance of summary judgment against Capitol in favor of MetLife Insurance Company USA, ...

We previously reported on the Texas Legislature's passage in 2017 of Senate Bill 1070, which reduced collateral requirements for foreign reinsurers in order for domestic insurers to receive

The devastating explosions and fire at the Deepwater Horizon semi‐submersible drilling platform then located in the Gulf of Mexico around 45 miles off the coastline of Louisiana late in the evening of Tuesday, April 20, 2010 led to the tragic loss of eleven lives, and injuries to 17 of the 126 people on board, three of which were critical.

Based on current pipeline and product success rates, the FDA anticipates approving 10–20 a year by 2025, with spending expected to reach $25 billion annually over the next ten years.

As a result of the growing use of nanotechnology in various industries, the Insurance Services Office, Inc. ("ISO") recently announced that it has created new general liability classifications for nanotechnology.

On July 13, 2018 Alaska became the last state to incorporate amendments to the NAIC Credit for Reinsurance Model Law into its insurance code when Governor Bill Walker (I) signed House Bill 401...