Mondaq USA: Insurance > Reinsurance
GuernseyFinance
Impact investing is increasingly taking hold as allocators recognise the return benefits and this presents opportunities for established international financial centres, a white paper reports.
Carlton Fields
Reliance Liquidation Court Approves Application For Direct Payments From Reliance's Reinsurers To Certain Insureds.
Carlton Fields
In 2011, Top's Personnel entered into a reinsurance agreement with Applied Underwriters Captive Risk Assurance Company ("AUCRA"), and several years later executed a promissory note...
Sedgwick LLP
What exactly is a cyber risk, and in particular a risk that is covered by insurance, is a constantly evolving concept.
Carlton Fields
On September 12, the District Court for Connecticut denied a motion to transfer predicated on a mandatory forum selection clause in a reinsurance contract.
Carlton Fields
The District Court for the Northern District of Illinois dismissed a complaint filed by Plaintiff-Rehabilitator, the Illinois Director of Insurance, against Defendant-Reinsurer, Twin Rivers, alleging breach of contract, breach of the implied covenant of good faith and fair dealing, unjust enrichment and a violation of the Real Estate Settlement Procedures Act (RESPA).
Stroock & Stroock & Lavan LLP
The NAIC Reinsurance Task Force held its most recent open meeting on Monday, August 7, 2017 during the NAIC 2017 Summer National Meeting in Philadelphia, Pennsylvania.
Carlton Fields
The bill defines a dormant captive insurance company as one that (1) did not contract for any direct premium or reinsurance premium for a full calendar year, (2) is not obligated as an insurance company under any contract of insurance or reinsurance during any year it is a dormant captive, and (3) has provided written notice to the Commissioner of its intent to be a dormant captive.
Carlton Fields
Alabama Municipal Insurance Corp. ("AMIC"), an Alabama non-profit public insurer, brought suit in Alabama federal court against Munich Reinsurance America Inc. ("Munich Re"), alleging breach of a reinsurance contract for failing to fully reimburse a settlement of flood claims asserted against an insured city.
Carlton Fields
A federal district court in South Carolina recently granted motions to bifurcate a trial involving various claims, crossclaims, and counterclaims between an insured, reinsurers, and a reinsurance agreement trustee.
Carlton Fields
A district judge in the Northern District of Illinois has dismissed all claims brought by the Illinois Director of Insurance, acting as rehabilitator for Triad Guaranty Insurance Corporation and Triad Guaranty Assurance Corporation (collectively "Triad"), after it was placed in rehabilitation, against AAMBG Reinsurance, Inc. and Bank of America ("BOA").
Carlton Fields
The Eastern District of Pennsylvania recently ruled on several discovery motions in a reinsurance dispute between R&Q Reinsurance Company ("R&Q") and St. Paul Fire and Marine Insurance Company ("St. Paul") over underlying asbestos claims.
Wilson Elser Moskowitz Edelman & Dicker LLP
According to Lloyd's of London, which helped to reinsure the NFIP for more than $1 billion seven months before Hurricane Harvey, the storms in Texas and Florida may result in damage amounting to....
Carlton Fields
The suit arose out of an arrangement where lenders would refer borrowers to (now-defunct) Triad Guaranty Insurance Company (Triad) to obtain private mortgage insurance.
Carlton Fields
We previously posted on the trial court's ruling addressing the statute of limitations in this case on June 23, 2016.
Carlton Fields
Mountain Valley Property, Inc (MVP) entered into a three-year reinsurance participation agreement with Applied Underwriters Captive Risk Assurance Co. Inc. (AUCRA), which contained a mandatory arbitration clause...
Foley & Lardner
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...
Carlton Fields
Applying the doctrine of judicial estoppel, a district court refused to compel arbitration finding that the arbitration clause in a reinsurance agreement was unenforceable under a Virginia statute ...
Carlton Fields
Defendant provided the district court with copies of two contracts – a Reinsurance Participation Agreement and a Request to Bind – that were purportedly signed by Plaintiff's CEO and contained arbitration clauses.
Sedgwick LLP
In all insurance matters, all persons owe a duty of good faith, to abstain from deception, to practice honesty and equity, and to preserve inviolate the integrity of insurance.
Most Popular Recent Articles
Foley & Lardner
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...
Sedgwick LLP
What exactly is a cyber risk, and in particular a risk that is covered by insurance, is a constantly evolving concept.
Stroock & Stroock & Lavan LLP
The NAIC Reinsurance Task Force held its most recent open meeting on Monday, August 7, 2017 during the NAIC 2017 Summer National Meeting in Philadelphia, Pennsylvania.
Wilson Elser Moskowitz Edelman & Dicker LLP
According to Lloyd's of London, which helped to reinsure the NFIP for more than $1 billion seven months before Hurricane Harvey, the storms in Texas and Florida may result in damage amounting to....
Sedgwick LLP
In all insurance matters, all persons owe a duty of good faith, to abstain from deception, to practice honesty and equity, and to preserve inviolate the integrity of insurance.
Carlton Fields
On September 12, the District Court for Connecticut denied a motion to transfer predicated on a mandatory forum selection clause in a reinsurance contract.
Carlton Fields
We previously posted on the trial court's ruling addressing the statute of limitations in this case on June 23, 2016.
Carlton Fields
The bill defines a dormant captive insurance company as one that (1) did not contract for any direct premium or reinsurance premium for a full calendar year, (2) is not obligated as an insurance company under any contract of insurance or reinsurance during any year it is a dormant captive, and (3) has provided written notice to the Commissioner of its intent to be a dormant captive.
Carlton Fields
Mountain Valley Property, Inc (MVP) entered into a three-year reinsurance participation agreement with Applied Underwriters Captive Risk Assurance Co. Inc. (AUCRA), which contained a mandatory arbitration clause...
Carlton Fields
Reliance Liquidation Court Approves Application For Direct Payments From Reliance's Reinsurers To Certain Insureds.
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