Mondaq USA: Insurance
The guidelines will be addressed to competent authorities and will provide support and guidance on how to proceed in the preparatory period leading up to the transposition of the Insurance Distribution Director (IDD).
Humboldt Re Limited has become Guernsey latest reinsurance vehicle.
Anderson Kill
In Givaudan Fragrances Corporation v. Aetna Casualty & Surety Company, No. A-2270, 2015 N.J. Super. LEXIS 131 (App. Div. Aug. 12, 2015), the New Jersey Appellate Division decisively held that a policyholder can assign the proceeds of an insurance policy, despite the no-assignment clause that all general liability policies contain.
Butler Snow LLP
I'm not a draftsman, so the specifics are beyond me. Terms would have to be defined. The agreement might even expressly incorporate the "duty to defend" law that governs the CGL.
Butler Snow LLP
Data security breaches can have a significant impact a company's bottom line. While larger corporations may be able to sustain the financial hit, small to mid-size corporations can be significantly impacted from the financial blow.
In 1991 Congress passed the Telephone Consumer Protection Act ("TCPA") to protect customers from unsolicited telemarketing. It has since become an attractive avenue for consumer class action litigation.
Foley & Lardner
On November 9, 2015, the New York Department of Financial Services (NYDFS) issued a letter that describes what insurers can expect from the Department's ongoing assessment of cybersecurity measures.
Evanston, the plaintiff's CGL insurer, denied coverage based on an employer's liability exclusion in the policy.
Butler Snow LLP
When Costco decided to carry Yokohama tires, it prudently required Yokohama to make Costco an "Additional Insured" under Yokohama's general liability policy.
Dentons (US)
The 1332 waiver process allows states to petition the administration to apply the federal subsidies that would otherwise have flowed to their states to fund alternative plans to address their states' health care needs.
Reed Smith
San Francisco 49ers running back Reggie Bush reportedly intends to sue the city of St. Louis after slipping on a concrete surface behind the St. Louis Rams' bench during a recent game, injuring his knee and ending his season.
Proskauer Rose LLP
Private equity fund sponsors are facing increased litigation risk from regulators and private parties, including limited partners and stakeholders in portfolio companies.
Reed Smith
The Insurance Commissioner of Pennsylvania has placed Lincoln General Insurance Company into liquidation in Pennsylvania.
Foley & Lardner
Fixed indemnity health insurance products provide limited and fixed medical benefits, and thus are not designed or intended to provide comprehensive medical coverage and do not satisfy the individual mandate contained in the ACA.
Dentons (US)
What should an insurance company do when liability of the insured is clear, the damages clearly exceed the limits, and the claimant sends a settlement demand that would exhaust policy limits while releasing only one out of two (or more) insureds?
Houdini managed an escape from a straight jacket while suspended 40 feet in the air. But that trick turned out to be easier than a primary insurer's recent attempt to escape its duty to defend in California.
Dickstein Shapiro LLP
But you may not have considered similar problems with a southern supplier.
Reed Smith
In Hastings Development, LLC v. Evanston Insurance Company, No. 14-cv-6203 (ADS)(AKT) (Oct. 30, 2015), the U.S. District Court for the Eastern District of New York correctly determined that an "Employer's Liability" exclusion in a commercial general liability ("CGL") ..
The National Association of Insurance Commissioners ("NAIC") continued its efforts to advance cybersecurity in the insurance industry when it recently adopted the Cybersecurity Bill of Rights.
Miller Friel
Certain boutique law firms have emerged as established leaders for corporations seeking the best possible representation. Insurance recovery law is one of those areas of law that is ideally suited to a boutique practice, and for good reason.
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Rumberger, Kirk & Caldwell, P.A.
Few issues have been so hotly disputed in recent years as the issue of what constitutes a proper "assignment" of homeowners insurance benefits.
Jones Day
This post is the second in a series that will discuss discrete issues that arise in cyber insurance.
Reed Smith
Today the Centers for Medicare & Medicaid Services (CMS) published the final rule to update the Medicare physician fee schedule (MPFS) for calendar year (CY) 2016.
Anderson Kill
Insurance brokers are among the most important suppliers that any company deals with. Yet, often the arrangement between brokers and their clients consists of nothing more than a broker of record letter, or even a verbal authorization to present insurance proposals.
Clyde & Co
On 10 March 2014, Clyde & Co held the first North American focused Global Property Seminar in our London office.
Fisher & Phillips LLP
One of the new Affordable Care Act (ACA) requirements imposed on employers is the obligation to report employee group health plan coverage information to the IRS and employees on Forms 1094-C and 1095-C.
Reed Smith
San Francisco 49ers running back Reggie Bush reportedly intends to sue the city of St. Louis after slipping on a concrete surface behind the St. Louis Rams' bench during a recent game, injuring his knee and ending his season.
Recent decisions demonstrate a growing consensus favorable to policyholders on a subject that has divided courts for decades.
McDermott Will & Emery
On October 28, 2015, the U.S. House of Representatives approved legislation that, if enacted, would, among other things, substantially alter how and how much Medicare pays for outpatient services furnished by hospitals.
Reinhart Boerner Van Deuren S.C.
Lenders entrust loan money to your company when your underwriter puts its financial strength behind you by agreeing to pay the lender if the money is stolen or you fail to follow the closing instructions.
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