Mondaq USA: Insurance
Kilpatrick Townsend & Stockton LLP
Insurance coverage for cyber attacks and privacy breaches is not a novelty anymore; it is a necessity.
Orrick
The European Insurance and Occupational Pensions Authority (EIOPA) has published 16 consultations in respect of the second set of draft implementing technical standards.
Duane Morris LLP
In McMillin Companies, LLC v. American Safety Indemnity Co. the California Court of Appeal for the Fourth District has provided some meaningful guidance on how a trial court should handle issues that regularly come up...
Clyde & Co
The program was renewed until December 31, 2007 by the Terrorism Risk Insurance Extension Act of 2005 and was further renewed until December 31, 2014 by the Terrorism Risk Insurance Program Reauthorization Act of 2007.
Clyde & Co
On December 31, 2014, the Federal Insurance Office (FIO) of the US Department of the Treasury issued its report regarding the global reinsurance market and its relationship with the domestic US insurance industry.
Clyde & Co
The NAIC model laws and regulations do not apply in a state unless adopted by the state.
Troutman Sanders LLP
The court also rejected the insurers’ argument that a pro rata allocation should be applied and certain defenses costs allocated to Illinois Tool for the period of time when Illinois Tool elected to self-insure.
Foley & Lardner
In 2014, the Florida Legislature enacted a law that makes significant changes to the way insurance agencies are licensed in Florida.
Duane Morris LLP
On January 13, 2015, the Illinois Appellate Court issued its opinion in Illinois Tool Works, Inc. v. Travelers Casualty and Surety Co., 2015 IL App. (1st) 132350 (1st Dist. 2015), wherein the court held the insurer had a duty to defend its insured against numerous vaguely pleaded toxic tort complaints.
Reed Smith
Representations and Warranties insurance has quickly risen to become a standard topic of discussion in many merger and acquisitions transaction negotiations.
McGuireWoods LLP
On Monday, January 12, President Barack Obama signed into law a reauthorization of the Terrorism Risk Insurance Act, first enacted in 2002 following the 9/11 terrorist attacks but which had expired on December 31, 2014.
Orrick
There is an old adage in journalism that a dog biting a man is not news, but a man biting a dog—that’s a story.
Miller Friel
Few provisions in Directors and Officers insurance policies have given rise to more litigation than the personal profit exclusion.
Holland & Knight
In yet one more assertion of federal power to regulate insurance President Obama signed legislation that will dramatically speed the licensing of insurance agents and brokers in states where they do business but do not reside.
Duane Morris LLP
The Pennsylvania Supreme Court recently clarified in Allstate Property and Casualty Ins. Co. v. Wolfe, No. 39 MAP 2014, 2014 WL 7088147 (Pa. Dec. 15, 2014) that statutory bad faith claims brought against insurers under 42 Pa. Cons. Stat. § 8371 can be assigned by insureds to injured third-party claimants.
Anderson Kill
While no employer is immune from employment-related lawsuits, particularly in a sluggish economy, the hospitality industry faces unique, yet recurring, challenges in terms of employment-based claims — and thus is particularly reliant on employment practices liability insurance (EPLI).
Holland & Knight
There was no shortage of stories about massive data breaches in 2014 and things likely won't slow down in 2015.
Orrick
On December 18, the European Insurance and Occupational Pensions Authority published an updated version of its risk dashboard, together with a background note.
Foley & Lardner
The National Association of Registered Agents and Brokers Reform Act of 2015 amends the Gramm-Leach-Bliley Act and establishes the National Association of Registered Agents and Brokers.
Proskauer Rose LLP
President Barack Obama signed into law a six-year extension of the Terrorism Risk Insurance Program after the House and Senate passed the bill by votes of 416-5 and 93-4, respectively.
Most Popular Recent Articles
Littler Mendelson
On August 28, the IRS released draft instructions for completing health insurance reporting forms required under the Affordable Care Act.
Duane Morris LLP
The National Association of Insurance Commissioners is forging ahead with its work on captive insurance companies used by life insurance companies to finance reserves required under current regulations.
Orrick
Recent decisions demonstrate a growing consensus favorable to policyholders on a subject that has divided courts for decades.
Jones Day
The Affordable Care Act ("ACA") infuses new complexities into collective bargaining negotiations over health insurance benefits.
BakerHostetler
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.
Reed Smith
Subrogation is the principle under which an insurer that has paid a loss under an insurance policy is entitled to all of the rights and remedies belonging to the insured.
Reed Smith
The policyholder sought coverage from its primary D&O liability insurer, for defense costs it incurred in an SEC enforcement action commenced during the AXIS policy period.
Reed Smith
With the recent uptick in terrorist activity omnipresent in the news, the need for financial protection against the effects of terrorism is plainly evident.
Miller Friel
Policyholders often get upset with how long it takes their insurance company to respond to their requests for coverage.
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