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The case involved a $5 million life insurance policy issued in 2006 on a woman in her mid-seventies.

The Central District of California held that Section 533 of the Insurance Code eliminated any potential for coverage for suit under the state False Claims Act.

Significant changes to Georgia law governing captive insurance companies took effect on July 1, 2017.

In February 2013, the U.S. Department of Housing and Urban Development adopted a "Discriminatory Effects Rule," which established liability under the Fair Housing Act...

The National Association of Insurance Commissioners has taken a firm stance on the Consumer Financial Protection Bureau's proposed ban of "mandatory arbitration" clauses that make...

A New Jersey state court recently held that the former shareholders of an insurance holding company suing its E&O insurers were not bound by a Bermuda court's prior judgment where they were not parties to the suit in which the judgment was issued.

On appeal, the New York appellate court noted that the lower court correctly determined that the reinsurers' motion for a change of venue was untimely...

The Southern District of New York federal confirmed an arbitral award related to a credit insurance policy claim over claims of manifest disregard of the law ...

U.S. insurance regulators have expressed several concerns through the NAIC regarding development and implementation of the ICS.

Other provisions of the Regulation present a spectrum of possible required compliance deadlines.

In a lengthy opinion, the court granted in part and denied in part the motion to dismiss.

A federal district court in Pennsylvania recently dismissed all claims asserted by an insured against a reinsurer in a coverage dispute over an explosion at plaintiff Three Rivers Hydroponics...

Recently, there have been several developments in the ongoing liquidation of Reliance Insurance Company.

Over time, such charge structures have proliferated.

A federal district court in Connecticut has entered final judgments pursuant to agreements between the SEC and three defendants in a case alleging that Haddad deceived investors into investing in Trafalgar and...

On March 31, in Chambers v. N. American Co. for Life & Health Ins., an action alleging RICO violations and other claims in the sales of deferred annuities to seniors, the Southern District of Iowa...

The pace of developments in the unclaimed life insurance benefits space remained active in the first six months of 2018, with new judicial decisions and state legislative enactments making an impact.

In 2013, Utica Mutual Insurance Company filed a complaint alleging that Century Indemnity Company (1) breached two reinsurance certificates executed between the parties covering the years 1973 and 1975...