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1
Insurance Predictions 2018: Deal-Making In US Insurance Industry To Rise In 2018
The volume of mergers and acquisitions (M&A) in the US insurance industry should be higher in 2018 than in 2017, with a range of factors driving deal-making.
United States
18 Dec 2017
2
McMillin Management Services, L.P. V. Financial Pacific Insurance Company
In McMillin Management Services, L.P. v. Financial Pacific Insurance Company, 17 Cal.App.5th 187 (November 14, 2017), the California Fourth District Court of Appeal reversed the trial court's entry of judgment ...
United States
18 Dec 2017
3
Citizens Of Humanity V. Applied Underwriters, Inc.
In Citizens of Humanity v. Applied Underwriters, Inc., ___ Cal. App. 5th __ (2017), the California Court of Appeal, Second Appellate District affirmed the trial court's denial ...
United States
18 Dec 2017
4
The Travelers Property Casualty Company Of America V. Actavis, Inc.
In The Travelers Property Casualty Company of America v. Actavis, Inc., 16 Cal.App.5th 1026 (November 6, 2017), the California Fourth District Court of Appeal ...
United States
18 Dec 2017
5
Montrose Chemical Corporation Of California V. S.C. (Canadian Universal Insurance Company)
On November 29, 2017, the California Supreme Court granted Montrose Chemical Corporation of California's Petition for Review of the California Court of Appeal's decision ...
United States
18 Dec 2017
6
Salyers V. Metropolitan Life Insurance Company
In Salyers v. Metropolitan Life Insurance Company, 871 F.3d 934 (2017), the United States Court of Appeals for the Ninth Circuit reversed the district court's entry of judgment ...
United States
18 Dec 2017
7
Massachusetts Appeals Court Upholds Liability Insurer's Contractual Right To Settle
On Tuesday, December 12, 2017, the Massachusetts Appeals Court, applying New Hampshire law, held that a professional liability insurer did not breach the implied covenant ...
United States
18 Dec 2017
8
Key Considerations for Cyberrisk Coverage
Today's cyberthreats can trigger multi-faceted losses. A serious cyber incident could cause bodily injury, property damage, business interruption, shareholder litigation, customer privacy litigation, regulatory action, terminations or resignations among senior management, and reputation damage.
United States
18 Dec 2017
9
First Circuit: The Best Offense Is A Good Defense?
In Mount Vernon Fire Ins. Co. v. VisionAid, Inc., No. 15-1351P2-01A (1st Cir. Nov. 15, 2017), the First Circuit Court of Appeals ended long-running insurance coverage litigation arising from policyholder ...
United States
14 Dec 2017
10
Ninth Circuit Issues Mixed-Bag Decision On Punitive Damages In Insurance Bad-Faith Case
When it comes to punitive damages doctrine, the decision is a mixed bag.
United States
13 Dec 2017
11
IAIS Consults On An Activities-Based Approach To Systemic Risk
The International Association of Insurance Supervisors (IAIS) has published an interim public consultation paper on an activities-based approach to systemic risk in the insurance sector.
United States
12 Dec 2017
12
Iowa And Virginia Insurance Regulators Adopt The Naic's Term Model Rules Governing Term And Universal Life Insurance Reserve Financing
Insurance regulators in Iowa and Virginia have adopted the NAIC's Model Rules regulating term and universal life insurance reserve financing.
United States
12 Dec 2017
13
PRA Publishes Feedback On General Insurance Stress Test 2017
PRA has sent a letter to firms that were involved in the 2017 general insurance stress test and explained that its main findings were...
United States
12 Dec 2017
14
Life And Annuity Series: Cost-of-Insurance Charge Litigation – October 2017 Update
Four recent cost of insurance (COI) decisions were handed down over the summer of 2017.
United States
12 Dec 2017
15
Insurance Broker Series: Daniel Law, The Liberty Company Insurance Brokers, Inc.
Farella's Insurance Recovery Group lawyers regularly collaborate with and learn from different players and functions within the insurance industry.
United States
12 Dec 2017
16
Dashcams: Not Just For Viral Videos
Mauril Aldophe thought he had a personal injury payday coming from Beck's Towing of Boynton Beach, Florida. He told police and a medical clinic that a tow truck had rear-ended him.
United States
11 Dec 2017
17
PRA Publishes Final Policy Statement And Supervisory Statement Regarding Insurance Special Purpose Vehicles
Following the publication of the Risk Transfer Regulations 2017 earlier this week, the PRA has now published the updated versions of Policy Statement (PS 26/17)...
United States
11 Dec 2017
18
Watch Out For IRS Letters: IRS Begins Enforcing Employer Mandate
The IRS has recently begun enforcing the "employer shared responsibility" (ESR) provisions of the Affordable Care Act (the "Act"), which require employers having 50 or more full-time employees ...
United States
11 Dec 2017
19
Less Than Two Weeks Before Trial, District Court Judge In Utica V. Fireman's Fund Rules On Motions In Limine
However, the court granted, among other requests, FFIC's motion to preclude Utica from introducing judicial decisions or settlements involving other insurer's challenges to Utica's aggregate limit position.
United States
11 Dec 2017
20
North America - December 6th, 2017
North America based Clyde & Co lawyers answer important questions in the Reinsurance industry.
Worldwide
11 Dec 2017
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