Mondaq USA: Insurance
On June 7, 2018, the New Jersey State Senate passed the New Jersey Insurance Fair Conduct Act (NJ S2144).
Wilson Elser Moskowitz Edelman & Dicker LLP
On May 30, 2018, Colorado Governor John Hickenlooper signed into law Senate Bill 18-062, referred to as the "Snow Removal Service Liability Limitation Act" (the Act), codified at C.R.S. ง 13-21-129.
Carlton Fields
South Carolina and Tennessee updated their respective credit for reinsurance statutes consistent with NAIC Credit for Reinsurance Model Law 785. Idaho and Tennessee adopted the NAIC Credit for Reinsurance Model Regulation 786.
Carlton Fields
South Carolina passed new legislation making numerous and streamlining changes to its captive insurance law.
Miller Friel
Insurance Coverage litigation may be, by some, considered a last resort. That is, a process to enter into when all other avenues of settlement have failed. In certain situations, however, insurers file early declaratory judgment actions.
Smith Gambrell & Russell LLP
The Federal Circuit Court agreed that Congress could lawfully withhold funding from this program.
Miller Friel
Best practices for securing insurance policy enhancements to coverage should not be a confusing issue.
Carlton Fields
The Hartford affiliate Sentinel Insurance moved to strike, and the court agreed.
On June 8, 2018, the United States Court of Appeals for the Second Circuit issued a unanimous opinion that declined to recognize a fraud exception ...
Proskauer Rose LLP
Imagine you hired a general contractor to renovate the master bathroom of your home.
Carlton Fields
The California Court of Appeals rejected defendants' appeal seeking to enforce an arbitration provision in a reinsurance participation agreement ("RPA").
Lewis Brisbois Bisgaard & Smith LLP
Litigators have a tough job: demanding clients, relentless deadlines, and constant pressure to get everything just right.
Lewis Brisbois Bisgaard & Smith LLP
In Nielsen Contracting, Inc. v. Applied Underwriters, Inc., 22 Cal. App. 5th 1096 (2018), the Fourth District Court of Appeal affirmed the trial court's denial of a motion ...
Lewis Brisbois Bisgaard & Smith LLP
In Heckart v. A-1 Self Storage, Inc., 4 Cal. 5th 749 (2018), the California Supreme Court affirmed the judgment of the Court of Appeal sustaining the demurrer filed by defendants A-1 Self Storage, Inc.
Lewis Brisbois Bisgaard & Smith LLP
In Dowdy v. Metropolitan Life Ins. Co., ____ F.3d ___ (9th Cir. May 16, 2018), the Ninth Circuit Court of Appeals reversed a district court's denial of a motion for judgment ...
Lewis Brisbois Bisgaard & Smith LLP
In Liberty Surplus Ins. Corp. v. Ledesma & Meyer Construction Co., Inc., ___ Cal.5th ___ (June 4, 2018), the California Supreme Court held...
Lewis Brisbois Bisgaard & Smith LLP
In Albert v. Truck Ins. Exch., 23 Cal.App.5th 367 (May 15, 2018), the California Second District Court of Appeal reversed the trial court's entry of summary judgment in favor of Truck Insurance Exchange ...
Lewis Brisbois Bisgaard & Smith LLP
In All Green Electric, Inc. v. Security National Ins. Co., 22 Cal.App.5th 407 (March 19, 2018), the California Second District Court of Appeal affirmed the trial court's entry of summary judgment...
Lewis Brisbois Bisgaard & Smith LLP
In Doyle v. Fireman's Fund Ins. Co., 21 Cal.App.5th 33 (March 7, 2018), the California Fourth District Court of Appeal affirmed the trial court's order dismissing a breach of contract lawsuit...
Carlton Fields
This case was previously reported by us on April 30, 2018. As we previously reported, on March 20, 2018, a New York federal court largely denied the motions for summary judgment of both plaintiff...
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Mayer Brown
The 2017 Insuretech Connect conference was a melting pot of perspectives, ideas and approaches to transforming the insurance industry.
Carlton Fields
Once again, the SEC's Office of Compliance Inspections and Examinations (OCIE) has made variable insurance products an exam priority.
Anderson Kill
As plaintiffs seek to enforce the Telephone Consumer Protection Act of 1991 with greater regularity, high dollar-value judgments and settlements have become commonplace.This article explores multiple evolving arguments for coverage for TCPA claims through the prism of three recent decisions.
Morrison Mahoney LLP
When the internet started to gain widespread commercial use in the early 1990s, few could have predicted the massive shift that it would have on our lives. Its power has been harnessed...
Foley & Lardner
The Charleston CEO announced that "Governor Henry McMaster signed the South Carolina Department of Insurance Data Security Bill into law today.
Day Pitney LLP
On May 30, New Jersey Governor Phil Murphy signed into law the Health Insurance Market Preservation Act, making New Jersey the second state to adopt an individual health insurance mandate. Massachusetts' mandate has been in effect since 2006.
Stroock & Stroock & Lavan LLP
Model Regulation #275 The Annuity Suitability (A) Working Group of the NAIC Life Insurance and Annuities (A) Committee held an open meeting on Saturday, March 24, 2018 ...
Anderson Kill
Private equity firms use transaction liability insurance to manage the risk inherent in mergers and acquisitions. Representation and warranty (R&W) insurance is a type of transaction liability insurance that covers the risk of a target company's seller breaching representations and warranties in the applicable securities purchase agreement.
Carlton Fields
On May 31 and June 1, several teams competed over proposed revisions to the Suitability in Annuity Transactions Model Regulation (#275) (Suitability Model) ...
Reed Smith
It should go without saying that when a business purchases any insurance policy – including, but not limited to, a commercial general liability (CGL) insurance policy – the business expects...
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