583 results found

The Connecticut Insurance Department has issued two bulletins addressing 2016 and 2017 financial reporting requirements for foreign eligible surplus lines insurers and accredited reinsurers.

Plaintiffs, members of the Harman family, sold their family farm and sought investment advice from defendant Wilson-Davis.

The court handling the liquidation of Reliance Insurance Company has approved an application for the direct payment of reinsurance proceeds...

A court has confirmed an arbitration award of more than $8 million in damages, attorneys' fees and costs against Sirona Dental Systems, Inc. and Arges Imaging Inc....

Applying Washington state law, the United States District Court for the Western District of Washington has denied a reinsurer's motion for judgment on the pleadings where, although alleged sexual assaults occurred before its reinsurance contracts and the reinsured direct policies incepted.

The district court began with the question of it jurisdiction over the matter, repeating the well-established rule that the Federal Arbitration Act does not create an independent basis for jurisdiction in federal court.

The appeal arose from a consolidated case, originally three separate class actions, resulting from the alleged underfunding of Singing River Health System's pension plan and KPMG's alleged failure to detect that underfunding due to allegedly faulty auditing.

Given that answer, the Second Circuit remanded the case to the district court to interpret, in the first instance, the reinsurance contracts terms as they relate to liability caps.

In doing so, however, the magistrate also recommended denying the insurers' application for an additional $305 million reflecting payments made under reinsurance contracts.

Plaintiff, the alleged target of the conspiracy, had standing to bring the fraud claim, as it sought recovery for damages for the theft of its assets.

The Southern District of New York recently granted a motion for damages by insurance plaintiffs in a multidistrict litigation case against Iran stemming from the September 11, 2001 terrorist attacks

The Ninth Circuit issued two similar opinions arising out of Samsung's appeals of orders denying arbitration in two putative class actions filed against it.

The Ninth Circuit recently reversed a California District Court's finding of personal jurisdiction against a foreign bank, and found it did not waive appeal on that issue by asserting defenses.

Defendant National Farm Financial Corp. agreed to sell Business Alliance Insurance Co. (BAIC) to PSM Holding Corp. After National Farm walked away from the deal...

In a lawsuit filed by the Rehabilitator for a private mortgage insurance provider, the District Court found that the causes of action either failed to meet the Iqbal pleading standard, contained implausible allegations, or was barred by the protection of RESPA's "safe harbor" provision and its four year statute of limitations.

The Second Circuit certified to the New York Court of Appeals the question of whether its 2004 decision imposed "either a rule of construction, or a strong presumption...

Capitol Life Insurance Co. partially prevailed, and partially failed, its effort to overturn unfavorable grants of summary judgment in a recent dispute regarding an annuity policy written by Capitol.