Mondaq USA: Insurance
Kramer Levin Naftalis & Frankel LLP
The Bankruptcy Court ultimately ruled in favor of CNA, denying the Plaintiffs' motion to dismiss CNA's complaint and granting summary judgment in favor of CNA.
Carlton Fields
The Hartford affiliate Sentinel Insurance Company continued its successful campaign to limit dubious claims by securing another favorable decision
Carlton Fields
The Financial Stability Oversight Council ("FSOC") announced on October 17, 2018 that it has voted unanimously to rescind the designation of Prudential Financial Inc. ("Prudential") ...
Cadwalader, Wickersham & Taft LLP
The SEC Office of Investor Education and Advocacy ("OIEA") described the risks and benefits of variable life insurance. In a new Investor Bulletin ...
Mintz
The Health Insurance Responsibility Disclosure (HIRD) form is a new state reporting requirement in Massachusetts in 2018.
Hunton Andrews Kurth LLP
In a win for policyholders, a California appellate court has held that the loss of use of property resulting from alleged negligence constitutes property damage under a liability insurance policy.
Clyde & Co
We have written in the past regarding some of the different issues which can arise when trying to determine the legal nature of a sale and the passing of title.
Hunton Andrews Kurth LLP
The Second Circuit recently held that competing "anti-concurrent cause" provisions in a commercial property policy present a potential ambiguity that could result in favor of coverage for losses sustained by Madelaine Chocolate ...
Carlton Fields
A federal court in Florida recently adopted the now well-developed consensus that data breach losses are not covered under standard Commercial General Liability (CGL) policies.
Shearman & Sterling LLP
On October 5, 2018, the U.S. FDIC published a notice and request for comment seeking input on how to improve the efficacy ...
Foley & Lardner
With the prevalence and advancements of autonomous vehicles continuously gaining traction, many are left wondering ...
Squire Patton Boggs LLP
Nobody likes to get sued.
Carlton Fields
Lloyd's issued an insurance policy with an arbitration provision, covering direct physical loss or physical damage caused by windstorm and/or hail.
Mayer Brown
Good news from the Government for a change. Yesterday, October 22, 2018, the Department of Housing and Urban Development (HUD) ...
Carlton Fields
In 2013, Utica Mutual Insurance Company filed a complaint alleging that Century Indemnity Company (1) breached two reinsurance certificates executed between the parties covering the years 1973 and 1975...
Foley & Lardner
My friend Judy Greenwald reported for BusinessInsurance.com that "Silent cyber, cyber losses that affect insurance policies not specifically designed to cover cyber risk" ...
Anderson Kill
Public sector projects, like private sector projects, face risk that must be managed through insurance coverage. Contractors undertaking large and complicated public projects bear greater obligations and burdens as a cost of doing business.
Mayer Brown
The past five years have seen a massive acceleration in the amounts of data being generated, processed and stored in virtually every industry, including insurance.
Carlton Fields
Insurers may not assess interest, penalties, or other charges as a result of the extension.
Carlton Fields
We have posted a number of times on the Covered Agreement between the U.S. and the E.U. concerning the reduction of collateral requirements for reinsurance provided by reinsurers domiciled in the E.U.
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Wilson Elser Moskowitz Edelman & Dicker LLP
The autonomous motor vehicle industry is growing exponentially. Various automobile manufacturers, including Audi, Ford, Volkswagen, GM, BMW, Toyota, Tesla, and Nissan, have announced that they plan to sell fully autonomous motor vehicles by 2021.
Carlton Fields
Once again, the SEC's Office of Compliance Inspections and Examinations (OCIE) has made variable insurance products an exam priority.
Dentons
California law has long held that the parent and controlling shareholder of an insured corporation has no standing to sue for breach of contract or bad faith under an insurance policy issued to the corporation.
Clyde & Co
New York State's abundant wind resources and strong government backing for renewables make it ripe for expansion in offshore wind.
Carlton Fields
At recent meetings, the NAIC's Big Data (EX) Working Group (Big Data WG) has shifted its gaze to the use of big data in life insurance underwriting.
Kramer Levin Naftalis & Frankel LLP
The uneven effects of laws across boundaries, when applied to persons or activities having nexuses to multiple jurisdictions, can often be neutralized by reciprocity葉reating a non-resident in a particular jurisdiction...
Morgan Lewis
US District Judge Manish S. Shah in the Northern District of Illinois last week denied insurers' motion to dismiss a pharmaceutical company's action seeking insurance coverage for the costs associated with...
Shearman & Sterling LLP
On October 5, 2018, the U.S. FDIC published a notice and request for comment seeking input on how to improve the efficacy ...
Carlton Fields
A federal court in Florida recently adopted the now well-developed consensus that data breach losses are not covered under standard Commercial General Liability (CGL) policies.
Butler Snow LLP
One commentator has called the scope of Additional Insured coverage "[o]ne of the oldest and most confounding debates in the insurance world."
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