Mondaq USA: Insurance
Mayer Brown
US – Ongoing Consideration by NAIC of Reserve Financing, Use of Captives, and Principle-Based Reserving
Shearman & Sterling LLP
The FSB issued a consultation paper on recovery and resolution planning for Systemically Important Insurers and guidance on the identification of critical functions and critical shared services SIIs.
Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.
Last week we wrote about a new business interruption insurance policy that is being rolled out to healthcare providers which will provide specific coverage for various ebola-related losses.
Stroock & Stroock & Lavan LLP
The Working Group focused on creating procedures and guidelines to help regulators evaluate the risks of private equity and hedge fund ownership of insurance companies.
Holland & Knight
"Insurance for Energy Savings" is one of four ideas selected for refinement, stress-testing and preparation of a pilot program by the Global Innovation Lab for Climate Finance.
Proskauer Rose LLP
In 2002, Heffler, Radetich & Saitta, LLP, an accounting firm, was appointed by a court as the claims administrator for a $490 million class action settlement.
Anderson Kill
Businesses face two enormous challenges when seeking to contain cyber risks and maximize cyber insurance recovery.
Anderson Kill
As Americans absorb news of the first Ebola cases on U.S. soil, job one is to maintain perspective, and confidence in the ability of U.S. public officials and health care providers to contain the disease.
Fox Rothschild LLP
Recent legal efforts by insurers to bar cyber coverage under commercial general liability policies could signal a new coverage battle between insurers and policyholders as data breaches continue to rise.
Reed Smith
The evolving market for cyberliability insurance coverage reveals significant differences in the scope of coverage afforded under available policies. A coverage gap that may exist under some policies is for insider cyber attacks.
Reed Smith
At least one insurance company is seeking to protect itself from potentially significant financial loss by adding Ebola-specific exclusions to property and casualty policies.
Reed Smith
It is somewhat less common for policyholders to give too much attention to the language in their excess coverage.
Reed Smith
The insurance industry reacts to perceived risks, particularly where those perceived risks could, at least in theory, amount to significant financial loss for policyholders and/or insurers.
Reed Smith
Excess insurers often argue that their coverage obligation attaches only after the underlying carrier pays its full policy limits.
Reed Smith
Every day, there is a new story about Ebola in the media.
Bradley Arant Boult Cummings LLP
The determination of when an insurer pays defense costs turns on whether the E&O policy is an indemnity or a liability policy.
Reed Smith
Ebola has become a worldwide crisis. It has ravaged Liberia and other West African countries. It has been diagnosed in Europe. And, cases are now being reported in the United States.
Anderson Kill
The duty to cooperate means keeping and turning over pertinent documents and doing so as soon as possible.
Proskauer Rose LLP
If you are required by law to perform an act, the act is not "voluntary." This proposition may seem obvious enough to most, but one insurer recently needed to be reminded of this common sense point by a Pennsylvania federal court in First Commonwealth Bank v. St. Paul Mercury Insurance Company.
Proskauer Rose LLP
Companies that do business with the federal government, or whose business transactions otherwise involve payments by the government, undoubtedly understand the exposure they face to "whistleblower" or "Qui Tam" lawsuits brought by private individuals on behalf of the government alleging fraud under the False Claims Act.
Most Popular Recent Articles
Duane Morris LLP
For more than two years, the NAIC has been addressing the use by life insurers of captive reinsurers to finance reserves for certain term life insurance policies.
Herrick, Feinstein LLP
In today's modern world, data breaches are a fact of life. Last month, Home Depot confirmed that hackers broke into its payment systems and stole debit and credit card data for more than 40 million customers.
Littler Mendelson
On August 28, the IRS released draft instructions for completing health insurance reporting forms required under the Affordable Care Act.
Although HIPAA does not create a private cause of action, a recent Indiana Superior Court jury verdict indicates that HIPAA could still play an important role in private causes of action in state court based on negligence and professional liability as it relates to confidentiality.
Littler Mendelson
On January 10, 2014, the Internal Revenue Service released final regulations governing the employer shared responsibility provisions of the Affordable Care Act.
Jones Day
The Affordable Care Act ("ACA") infuses new complexities into collective bargaining negotiations over health insurance benefits.
McGuireWoods LLP
No business is safe from privacy breaches and cyber attacks, and hackers grow more sophisticated each day.
Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.
"Cyber liability insurance" is often used to describe a range of insurance policies; everyone is talking about the need for "stand alone" cyber liability insurance policies.
Reed Smith
A federal court denied a professional liability insurer’s motion to dismiss a coverage dispute over a $3.5 million payment the policyholder-bank made.
Reed Smith
Ebola has become a worldwide crisis. It has ravaged Liberia and other West African countries. It has been diagnosed in Europe. And, cases are now being reported in the United States.
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