: Insurance

When the claimant obtained a $13 million judgment, the defendant's insurers immediately paid their policy limits, which were insufficient to cover the entire judgment.

In Clear Blue Specialty Ins. Co. v. R-SVP II, L.L.C., the Massachusetts Superior Court applied Chapter 93A to the parties' dispute despite the existence of a New York choice-of-law provision in the parties' contract.

While traditional investments struggle with single-digit returns, reinsurance sidecars are delivering up to 30%+ returns to institutional investors.

The Maryland Insurance Administration (MIA) recently proposed to revise a regulation regarding the use and disclosure of credit history in underwriting and rate making for personal automobile policies

The Louisiana Legislature recently passed HB 437 which enacts La. § R.S. 22:1892.3 (effective August 1), in an attempt to clarify parties' respective obligations as it relates to Proof...

On July 30, an 8.8 magnitude earthquake occurred off of Russia's Eastern Kamchatka coast, subsequently triggering tsunami warnings in, among other places, Japan and Hawaii.

The State of Michigan has approved new laws requiring health insurance companies to cover the diagnosis and treatment of autism spectrum disorders (Public Acts 99 and 100 of 2012, enacted on April 18, 2012).

The State of Michigan has approved new laws requiring health insurance companies to cover the diagnosis and treatment of autism spectrum disorders (Public Acts 99 and 100 of 2012, enacted on April 18, 2012).

The U.S. District Court for the Northern District of California, in an opinion dated May 24, 2012, holds that Section 3 of the Defense of Marriage Act, which defines "marriage," is unconstitutional to the extent that it limits same-sex couples from participation in the long-term care insurance program maintained by the California Public Employees’ Retirement System.