Mondaq USA: Insurance
Shearman & Sterling LLP
Even in the scenario of a full exit, assuming relevant equivalency decisions are taken by EU authorities for the UK, cross-border reinsurance should generally remain unaffected.
Carlton Fields
Global insurance industry members have a new online tool—the ".insurance" domain name extension.
Carlton Fields
The court compelled arbitration, holding that arbitrability was to be decided in arbitration under the terms of the arbitration clause in the engagement letter.
Kramer Levin Naftalis & Frankel LLP
On July 21, 2016, an NAIC working group proposed factors to guide regulators when reviewing insurance company mergers and acquisitions.
Carlton Fields
Historically, increases to cost of insurance (COI) rates on universal life (UL) policies have been met with legal challenges from policyholders, and sometimes, regulatory opposition spurred by policyholder complaints.
Carlton Fields
On June 3, the Federal Reserve Board released an ANPR and began soliciting comments for the conceptual framework for capital standards that it will use when overseeing the two types of insurers for which it has supervisory authority.
Brown Smith Wallace
Controlling rapidly rising health care costs can be a struggle in any economy, but there are several options, including self-insuring, that can help keep premium costs down
Brown Smith Wallace
The articles and videos featured in this issue cover: Business process improvement strategies; The benefits of an independent insurance review; How cyber insurance can protect an organization from cyberattack liabilities; Captive insurance companies and changes impacting small insurers & The tax benefits of a cost segregation study
Miller Friel
Part two of our Five Things You Need To Know About Property Insurance series is: presentation of the claim is everything.
Carlton Fields
In a Special Focus article posted on May 2, 2016, we addressed the uncertain future of the multi-state allocation of non-admitted premium tax revenue.
McDermott Will & Emery
Once the initial draft of the transaction agreement is available, the broker will typically seek nonbinding premium indications from prospective underwriters.
Carlton Fields
Under no-fault laws, automobile policies typically must cover the cost of certain medical services provided to policyholders who have been injured in covered accidents. New York's insurance laws also permit those costs...
Miller Friel
Point number one, when you make a property insurance claim you're steeping into a minefield. By that I mean anywhere you step you can get blown up and by getting blown up I don't mean taking a haircut, I mean getting killed.
Carlton Fields
In this class action lawsuit in a California federal court, Shasta Linen Company and all those similarly situated brought an action against Applied Underwriters, Inc. and its affiliate entities.
Reed Smith
When an explosion or fire event results in death, personal injuries or property damage, insurance companies may rely on a pollution exclusion.
Rumberger, Kirk & Caldwell, P.A.
The Florida Office of Insurance Regulation approved several important changes to Citizens Property Insurance Co.'s homeowner policy that Citizens hopes will curtail the current litigation trend by insureds...
Carlton Fields
An insured corporation settles a class action, and a portion of the settlement pays the plaintiffs' attorneys. Payments to the class are excluded from coverage under the terms of the corporation's liability policy.
Carlton Fields
A South Carolina federal court found that Companion Property and Casualty Insurance Company's expert's testimony did not satisfy its obligation to provide a damages calculation.
Miller Friel
In our last "Five Things You Need To Know About General Liability Insurance" episode, we address one of the most onerous traps that an insurance company can set for a policyholder – the consent to settle trap.
Miller Friel
Nothing in insurance is perhaps more frustrating to policyholders than being "nickeled and dimed" by an insurance carrier on defense of a covered claim.
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Foley & Lardner
In the complaint, the DOJ and NC define steering as "a method by which insurers offer consumers of healthcare services options to reduce some of their healthcare expenses."
Lewis Brisbois Bisgaard & Smith LLP
Care West Pegasus Modesto ("Care West") and Ullico Casualty Company ("Ullico") entered into a compromise and release agreement with a workers' compensation claimant.
Hassans
In the eve of the EU Referendum I published a briefing note about the potential Brexit impact on the Gibraltar insurance industry (entitled "what could Brexit mean?"). This update is intended to provide further commentary now that the vote is over.
Dentons
In one of the first published rulings on coverage under a stand-alone "cyber" insurance policy, a federal court in Arizona recently applied old-school coverage analysis to a new-school cybersecurity...
Goodwin Procter LLP
What follows are key issues every company should think about when deciding whether cyber insurance is right for them.
Miller Friel
Today in our series "Five Things You Need To Know About General Liability Insurance" we discuss the complexities of providing proper notice under general liability insurance policies.
Stoll Keenon Ogden PLLC
Kentuckians are familiar with the concept of requiring individuals to procure certain minimum liability insurance before engaging in potentially risky behavior.
Miller Friel
In today's post we start a new "Five Things You Need to Know" series on general liability or GL insurance. General liability insurance is not oftentimes given much thought, and for sometimes, that is for good reason.
Fisher Phillips LLP
Last week, employers began receiving notices from the Federal Health Insurance Marketplace / Exchange regarding employees who applied for Exchange coverage and were determined eligible for a tax subsidy to defray part of the cost.
Lewis Brisbois Bisgaard & Smith LLP
Primary Insurer Entitled to Contribution from Another Primary Insurer for Defense Cost Payments, Notwithstanding Clause in Insuring Agreement Requiring Payment of Defense Costs Only When There is No Other Insurance Affording a Defense
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