Mondaq USA: Insurance > Reinsurance
Orrick
An impact assessment and executive summary were published alongside the Delegated Regulation.
Carlton Fields
MetLife acquired the rights to a fixed investment option contract with Midco, a trust established to administer a retirement plan for the employees of Midco International, Inc. Midco plan participants received interest each year pursuant to a "declared rate" which would be determined at MetLife's discretion "from time to time."
Carlton Fields
In this case, an Illinois appellate court held that Section 2-403 of the Illinois Code of Civil Procedure, 735 ILCS 5/2-403, required the reinsurers and insurer of Developers Surety and Indemnity Co. a surety, ...
Carlton Fields
In a lawsuit filed by the Rehabilitator for a private mortgage insurance provider, the District Court found that the causes of action either failed to meet the Iqbal pleading standard, contained implausible allegations, or was barred by the protection of RESPA's "safe harbor" provision and its four year statute of limitations.
Carlton Fields
The Covered Agreement has been approved by the E.U. Council, although the European Parliament may be asked to approve it as well.
Carlton Fields
In an action involving claims under facultative reinsurance for the reinsurance of asbestos risks, the reinsurer sought discovery of documents concerning the allocation of losses among the reinsurers...
Carlton Fields
We previously reported on this case on January 5, 2016, June 28, 2016, July 20, 2016, and December 14, 2016.
Carlton Fields
Utica Mutual Insurance Company's request that numerous exhibits filed in support of summary judgment be sealed has been rejected by a federal district court, which found that Utica's general statements ...
Cadwalader, Wickersham & Taft LLP
The SEC and the CFTC declined to issue a joint interpretation on whether a particular agreement is classified as a swap, security-based swap, or mixed swap.
Foley & Lardner
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, ...
Carlton Fields
The International Association of Insurance Supervisors ("IAIS") recently released proposed revisions to the existing version of its Insurance Core Principle 13 regarding "Reinsurance...
Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.
There is large cohort of American workers who, before the ACA, were not offered major medical coverage under an employer-sponsored group health plan.
Carlton Fields
A New York court compelled the arbitration of a claim under a reinsurance agreement, rejecting the plaintiff reinsurer's claim that the reinsurance policy is void because the reinsured issued an underlying insurance policy which did not comply with the requirements stated in the reinsurance contract. In doing so, the court held that the plaintiff raised an issue of the interpretation of the reinsurance contract, rather than the formation of the contract.
Carlton Fields
Last week, the U.S. Supreme Court rejected the Kentucky Supreme Court's use of a clear-statement rule to require that powers of attorney specifically authorize a representative to enter into an arbitration agreement, finding that the rule violated the Federal Arbitration Act's ("FAA") equal treatment principle.
Carlton Fields
A refinery operator ("Wulfe"), sued his former employer alleging several employment related claims, including a claim under the California Private Attorneys General Act (PAGA).
Carlton Fields
The New Hampshire liquidation court approved the commutation, settlement, and release agreement between The Home Insurance Company (liquidating) and OIC Run-Off Limited (formerly known as The Orion Insurance Company) (OIC) and The London Overseas Insurance Company Limited (formerly known as The London and Overseas Insurance Company Plc) (L&O).
Carlton Fields
The Court of Appeal of England and Wales approved the judgment of the trial court in a reinsurance dispute between Axa and Arab Insurance Group (Arig) related to certain insured energy construction risks.
Carlton Fields
Bordelon Marine, LLC sued Bibby Subsea ROV, LLC for damages and for writ of attachment arising out of a disagreement over the chartering of an offshore vessel.
Carlton Fields
Three recent opinions issued by courts highlight the scope and limitations of a party's right to discovery of reinsurance, reserve and allegedly privileged information in insurance coverage disputes.
Carlton Fields
Both the E.U. and the Trump Administration have now indicated that they will sign the Covered Agreement negotiated by the Obama Administration.
Most Popular Recent Articles
Carlton Fields
In this case, an Illinois appellate court held that Section 2-403 of the Illinois Code of Civil Procedure, 735 ILCS 5/2-403, required the reinsurers and insurer of Developers Surety and Indemnity Co. a surety, ...
Carlton Fields
Both the E.U. and the Trump Administration have now indicated that they will sign the Covered Agreement negotiated by the Obama Administration.
Carlton Fields
The Covered Agreement has been approved by the E.U. Council, although the European Parliament may be asked to approve it as well.
Carlton Fields
MetLife acquired the rights to a fixed investment option contract with Midco, a trust established to administer a retirement plan for the employees of Midco International, Inc. Midco plan participants received interest each year pursuant to a "declared rate" which would be determined at MetLife's discretion "from time to time."
Carlton Fields
In a lawsuit filed by the Rehabilitator for a private mortgage insurance provider, the District Court found that the causes of action either failed to meet the Iqbal pleading standard, contained implausible allegations, or was barred by the protection of RESPA's "safe harbor" provision and its four year statute of limitations.
Carlton Fields
In an action involving claims under facultative reinsurance for the reinsurance of asbestos risks, the reinsurer sought discovery of documents concerning the allocation of losses among the reinsurers...
Orrick
An impact assessment and executive summary were published alongside the Delegated Regulation.
Foley & Lardner
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, ...
Sedgwick LLP
New York's highest court delivered one of the most notable opinions in years when it put a dent in the pro-rata regime for allocation of loss that occurs over multiple policy periods.
Carlton Fields
The United States and the European Union have agreed on the final wording of a Covered Agreement which covers several topics, including the provision of collateral by foreign reinsurers.
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