Mondaq USA: Insurance
Mayer Brown
Welcome to the latest issue of Mayer Brown's quarterly "Global Insurance & Regulatory Bulletin."
On April 21, 2015, the Council of the EU published a press release announcing that it has issued a mandate to the European Commission to negotiate an agreement with the US on reinsurance.
Heritage Insurance has gained the coveted Lloyd's registered broker status.
Guernsey's position as a leading centre for Insurance Linked Securities (ILS) transactions was underlined at a thought leadership event in London.
Gavin Parker, of Barclays, discusses the ILS market in Guernsey and investor interest in the market.
Day Pitney LLP
The National Association of Insurance Commissioners has warned that commercial insurance policies providing general liability coverage do not apply to many cyber risks.
Anderson Kill
Just when you thought it was safe to assume that cybersecurity breaches took a serious, but at least predictable path, along comes the Sony Pictures breach.
On May 11, a Utah federal court handed down one of the first coverage decisions in the country construing a so called "cyber" policy.
Miller Friel
Liability insurers often try to significantly limit the amount of fees they have to pay by contesting hourly rates and seeking to impose other billing restrictions.
Miller Friel
Providing insurers with timely notice of claims is probably the most basic of coverage issues.
Miller Friel
Sometimes, despite the best intentions, insurance policies fail to contain everything that the policyholder intended.
Anderson Kill
Many aspects of a food manufacturer's business are predictable or planned. And then there's food contamination and product recall – unanticipated events that keep a general counsel up at night.
Stites & Harbison PLLC
The Kentucky Department of Insurance warns that many self-funded health benefit plans fail to provide an external review process which violates the Kentucky Insurance Code.
Anderson Kill
A brand new decision from a federal trial court in Utah is a sobering reminder that just because you have purchased "cyber" insurance does not mean that your insurance company will pay a cyber-related claim.
Virtually every company suffers a substantial insurance loss at some point in its life cycle. If the loss is large, there is a good chance there will be an insurance dispute.
Blaney McMurtry LLP
A recent decision of the U.S. District Court for the Middle District of Florida, In Re Taylor, Bean & Whitaker Mortgage Corporation, provides a helpful illustration of how to assess coverage...
Dickstein Shapiro LLP
Bolstered by the strong United States dollar and cheap energy costs, the current wave of corporate takeovers and mergers shows no sign of abating.
Duane Morris LLP
Captive insurance companies have been used for risk management purposes since the 1960s, when industrial corporations found insurance for their risks either challenging to find in the marketplace, or expensive.
Policyholders can include violations of economic sanctions among the laundry list of risks their companies face.
Anderson Kill
In 2014, New York courts developed significant legal precedent in a broad array of insurance coverage issues, including broker liability, allocation, data breach, right to attorneys' fees, discovery and bankruptcy.
Most Popular Recent Articles
Fox Rothschild LLP
Last week, the IRS issued its "final" versions of the forms 1094-B, 1094-C, 1095-B and 1095-C along with instructions for the "B" forms and instructions for the "C" forms.
While the new law codifies payment for chronic care management under the Medicare physician fee schedule, effective immediately, it leaves many of the details largely to CMS’s discretion.
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.
Moritt, Hock & Hamroff LLP
Under the coverage provisions in standard comprehensive general liability insurance policies, there is often coverage for what is known as "Advertising Injury."
McDermott Will & Emery
In 2014, the U.S. Tax Court issued two opinions with significant implications in the captive insurance world. On January 14, 2014, the court issued a reviewed decision in Rent-A-Center, Inc. v. Commissioner.
Reinhart Boerner Van Deuren S.C.
Construction lenders almost always obtain title insurance policies to protect the property under construction from being encumbered by the mechanics' liens of unpaid contractors and materialmen.
Reed Smith
Most notably, MACRA permanently repeals the statutory Sustainable Growth Rate (SGR) formula, achieving a goal that has eluded Congress for years.
Recent decisions demonstrate a growing consensus favorable to policyholders on a subject that has divided courts for decades.
Jones Day
On February 23, 2015, the Federal Aviation Administration ("FAA") issued new proposed regulations for the operation and certification of small unmanned aircraft systems ("sUAS"), popularly referred to as "drones."
Dickinson Wright PLLC
In explaining its ruling, the Iowa Supreme Court began its analysis by stating that "these arrangements are not naked price-fixing arrangements, but are more akin to joint ventures."
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