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Searching Content indexed under Reinsurance by Foley & Lardner ordered by Published Date Descending.
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1
Will We See Cyberinsurance Clarity Soon?
Reuters reported that "Lloyd's of London wants all insurance and reinsurance policies to clearly state whether coverage will be provided for losses caused by a cyber attack
United States
18 Jul 2019
2
You Can't Ignore RESPA Section 8(c)
It's been over a year since the CFPB turned the real estate settlement services industry on its head by announcing in its first ever administrative appeal that Section 8(c) of RESPA was not...
United States
22 Sep 2017
3
District Court Rebuffs CFPB's RESPA "Continuing Violations" Theory
On June 6, 2017, a federal district court in Menichino v. CitiBank rejected an interpretation of the RESPA Section 8 statute of limitations espoused by the CFPB in captive reinsurance cases, ...
United States
22 Jun 2017
4
Wisconsin Supreme Court Reaffirms Four-Corners Rule For Insurers' Duty To Defend
An insurer's decision whether to defend a lawsuit against its insured can be a critical issue involving tens of thousands, if not millions, of dollars for Wisconsin companies who are sued.
United States
11 Aug 2016
5
Technological And Information Concerns Highlight NAIC Spring 2016 National Meeting
The National Association of Insurance Commissioners (NAIC) Spring 2016 National Meeting offered insight into numerous issues being considered by state commissioners nationwide.
United States
20 Apr 2016
6
U.S. PFIC Taxation Exemption To Be Narrowed?
The last 15 years have seen the advent of a new reinsurance platform, where hedge funds have sponsored non-U.S. reinsurers, who in turn invest their capital in the sponsoring hedge funds.
United States
5 Apr 2016
7
CFPB Director's Divisive View Of RESPA Limitations Period Central To Ongoing UDAAP Action
In the ongoing Integrity Advance enforcement action by the Consumer Financial Protection Bureau ("CFPB" or "Bureau"), the Office of Enforcement this January filed a brief...
United States
2 Feb 2016
8
Between Mediation And Arbitration — Binding Mediation: The Third Alternative
The vast majority of reinsurance disputes are decided by alternative dispute resolution methods.
United States
5 Sep 2011
9
Avoiding Problems With Arbitrator Disclosures: Practical Lessons From Karlseng v. Cooke
For many decades, the reinsurance marketplace has adopted arbitration as the preferred mode of dispute resolution.
United States
5 Sep 2011
10
Insurance Industry Developments for Summer 2010
On July 15, 2010, the Senate passed the Dodd-Frank Wall Street Reform and Consumer Protection Act (Act). Title V of the Act is captioned "Insurance" and contains a number of provisions that directly impact insurance and reinsurance companies, which we have summarized below.
United States
 
6 Sep 2010
11
Obama Administration Regulatory Reform Proposal Creates Office Of National Insurance
The Obama administration's sweeping regulatory reform proposal, released on June 17, 2009, contemplates the creation of a federal-level insurance regulator tasked with gathering information, developing expertise, negotiating international agreements, and coordinating policy in the insurance sector.
United States
29 Jun 2009
12
U.S. Reps. Bean And Royce Introduce National Insurance Consumer Protection Act (H.R. 1880)
Citing the nation's financial meltdown and the U.S. government's heavy involvement with insurance giant American International Group (AIG), U.S. Reps. Melissa Bean (D-Ill.) and Ed Royce (R-Ca.) introduced a bill on April 2, 2009, which, if passed, would bring widespread, fundamental change to the U.S. insurance regulatory scheme.
United States
21 Apr 2009
13
Commutations And Settlements With Financially Distressed Companies - How Voidable Preferences Can Unwind The Perfect Deal
There is no doubt that the current global financial crisis is taking its toll on nearly every industry.
United States
3 Apr 2009
14
Florida Legislature To Consider A Broad Range Of Responses To A Worsening Property Insurance Crisis
The Florida Legislature is poised to consider a wide variety of property insurance legislation during its regular legislative session, which convened on March 3, 2009.
United States
19 Mar 2009
15
Insurance Industry Developments For Winter 2008
In a decision that will impact insurance-related patents and patent applications, on October 30, 2008, the United States Court of Appeals for the Federal Circuit (Court) issued its en banc decision in In re Bilski, No. 2007-1130 (Fed. Cir. Oct. 30, 2008).
United States
 
10 Dec 2008
16
Insurance Industry Development For Fall 2008
The broad exemption historically applied to surplus lines insurance under Florida law was recently called into question by the decision of the Florida Supreme Court (Court) in Essex Insurance Company v. Mercedes Zota (Case No. SC06-2031).
United States
 
20 Oct 2008
17
Internal Revenue Service Technical Advice Memorandum On Manufacturer’s Warranty Risks
The Internal Revenue Service (IRS) recently issued Technical Advice Memorandum 200827006, addressing whether manufacturer's original warranty risks covered by reimbursement policies purchased by a retailer constitute insurable risks for federal tax purposes.
United States
2 Sep 2008
18
Florida Senate Creates Select Committee To Take Testimony Under Oath From Property Insurer Executives
On January 10, 2008, Florida Senate President Ken Pruitt announced the creation of the Select Committee on Property Insurance Accountability (Select Committee).
United States
24 Jan 2008
19
Finite Reinsurance Under A Microscope: United States v. Ferguson
Finite reinsurance will be a hot topic over the next few months as the criminal trial of former General Reinsurance Co. (Gen Re) CEO Ronald Ferguson and his four co-defendants commences in January in federal court in Hartford, Connecticut. Mr. Ferguson stands accused with Christopher Garand, a former vice president of Gen Re's finite reinsurance operation, Robert Graham, Gen Re's former assistant general counsel, Christopher Milton, a former vice president of Reinsurance for American In
United States
21 Dec 2007
20
Supreme Court Considers Varying Review Standards For Arbitration Awards
On November 7, 2007, the United States Supreme Court heard oral arguments in Hall Street Associates, L.L.C. v. Mattel, Inc., Case No 06-989, an arbitration case that could have significant implications for any insurer or reinsurer that uses arbitration provisions in its contracts.
United States
21 Dec 2007
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