Mondaq USA: Insurance
Womble Bond Dickinson
The European Union Agency for Network and Information Security (ENISA) has published a report on the commonality of risk assessment language in cyber insurance.
Womble Bond Dickinson
The Organisation for Economic Co-operation and Development (OECD) has published revised guidelines on insurer governance.
Carlton Fields
Plaintiffs Berkley Risk Solutions LLC, an insurance and reinsurance management services provider, and Admiral Insurance Co., an excess and surplus lines insurer, sued Industrial Re-International Inc., a New York reinsurance intermediary, and its founder, concerning certain commissions for public liability insurance placed with municipalities in Puerto Rico through American Foreign Underwriters Corp. (AFU), a licensed general agency.
Troutman Sanders LLP
The Court of Appeals of New York in Carlson v. American Intl. Group, Inc., 2017 N.Y. LEXIS 3280, No. 47, (N.Y. Nov. 20, 2017) overturned the lower court's determination that N.Y. Insurance Law ง 3420 ...
Kramer Levin Naftalis & Frankel LLP
The Oct. 26 report addresses asset management and insurance.
Carlton Fields
An attorney with "considerably more than ten years' experience of insurance and reinsurance law" has been deemed unqualified to arbitrate a reinsurance dispute stemming from the September 11, 2001 terrorist attack on the World Trade Center.
Sedgwick LLP
In December 2016, it came to light that the Chicago-based law firm of Johnson & Bell had been sued in a purported class action lawsuit brought in the U.S. District Court for the Northern District of Illinois.
Sedgwick LLP
In December 2016, it came to light that the Chicago-based law firm of Johnson & Bell had been sued in a purported class action lawsuit brought in the United States District Court for the Northern District of Illinois.
As part of the process of renewing or replacing legal malpractice insurance, law firms are typically required to complete an application.
Smith Gambrell & Russell LLP
Over the past few weeks, the U.S. House and Senate have been working independently on tax bills. While these bills have included some health care related changes, the latest version of the Senate bill ...
Ostrow Reisin Berk & Abrams
Many businesses use captive insurance companies to meet their risk management needs, control costs and reduce taxes.
Carlton Fields
On October 26, 2017, President Donald Trump signed H.R. 2266, a disaster relief bill. Pursuant to section 308 of the bill, the Department of the Treasury will forgive $16 billion in debt owed by FEMA...
As part of the process of renewing or replacing legal malpractice insurance, law firms are typically required to complete an application.
Barnes & Thornburg
The summer of 2017 saw a number of severe storms in the Midwest, with resulting insurance claims.
Carlton Fields
On July 21, 2016, we reported on a putative class action filed in a California U.S. district court by Shasta Linen Company against Applied Underwriters, Inc. and its affiliated entities, alleging that the "EquityComp" workers' compensation insurance program marketed and sold by Applied Underwriters violated California insurance law and regulations.
Reed Smith
A recent federal court decision in "a property loss insurance case" involving the unauthorized growing of marijuana could have a negative impact on the enforceability of insurance policies sold to legitimate marijuana-related businesses.
Butler Snow LLP
"Bad faith" – just the sound of it can bring fear to even the most experienced claim adjuster. And for good reason.
Farella Braun & Martel
Farella's Insurance Recovery Group lawyers regularly collaborate with and learn from different players and functions within the insurance industry.
Carlton Fields
The Tennessee Department of Commerce and Insurance has substantially revised its rules for captive insurance companies.
Carlton Fields
This past summer, the Texas legislature passed and the Governor signed a law that allows Texas insurers to negotiate reinsurance contracts with foreign reinsurers that do not require 100% collateral before the insurer can receive a "credit" for reinsurance on their financial statements.
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Carlton Fields
On October 24, the National Association of Insurance Commissioners (NAIC) Executive (EX) Committee and Plenary granted final approval to Version 6 (with technical corrections of the Insurance...
Carlton Fields
Reversing in part dismissal of FDCPA claim because voicemail was "initial communication" requiring statutory disclosures.
Reed Smith
Since July 2017, national, regional and local businesses operating in Illinois have been hit with a virtual storm of class actions under the Illinois Biometrics Privacy Act ("BIPA")...
Sedgwick LLP
What exactly is a cyber risk, and in particular a risk that is covered by insurance, is a constantly evolving concept.
Wilson Elser Moskowitz Edelman & Dicker LLP
While it's possible this couple was truthful, insurance claims frequently suffer from exaggerated injuries and malingering.
Thompson Coburn LLP
The number of cyber attacks and data breaches are increasing, and the costs to respond to such incidents are also increasing.
Mayer Brown
New title insurance regulations in New York restrict the marketing practices of title insurance agencies and affect the operation of affiliated businesses.
Carlton Fields
Debtors not required to give lender notice and opportunity to cure violations of consumer protection statutes; lender not entitled to bona fide error defense.
Akin Gump Strauss Hauer & Feld LLP
NAIC recently adopted an Insurance Data Security Model Law that follows the risk assessment-based approach of the New York DFS Cybersecurity Regulation.
Seyfarth Shaw LLP
The Republicans made a last ditch effort to repeal the Affordable Care Act (ACA) the last week of September when they floated the latest iteration of proposed legislation under the Graham-Cassidy bill.
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