Roland C. Goss
Court Confirms Reinsurance Arbitration Award, Rejecting Numerous Procedural Challenges

When a dispute arose over the allocation and payment of losses under a reinsurance agreement pursuant to which Global International Reinsurance Company agreed to reinsure TIG Insurance Company, the parties took their dispute to arbitration. An arbitrator...

Tags: Arbitration
Brian J. Green
Third Circuit Vastly Reduces Punitive Damages Award Against Insurer, Applies 1:1 Ratio

Recently the Third Circuit Court of Appeals reduced an award of punitive damages by over two-thirds, holding that a 1:1 ratio between punitives and compensatory damages is the appropriate limit where the harm is purely economic and the compensatory damages...

Tags: Damages
LexisNexis Legal Business Community Staff
LexisNexis® Insurance Law Center Podcast featuring Ken Levine of the Levine Law Group

On this edition, A. Kenneth Levine of The Levine Law Group in Tallahassee, Fla. on federal and state insurance legislation and regulation proposed in 2008. Copyright© 2009 LexisNexis, a division of Reed Elsevier Inc. Click here to play this audio clip

David A. Barrett
Are You LinkedIn? The Benefits of Online Social Media for Lawyers

Hello Counsel. I understand there is a new LinkedIn sign in module on the LexisNexis Workers' Compensation Law Center, and I wanted to take a brief moment to share some information on the benefits of LinkedIn for practicing lawyers. In 2008, there...

Tags: Web Trends
Randy J. Maniloff
E.D. PA: Home Heating Oil is Not a “Pollutant”

Most people familiar with Pennsylvania law concerning the Pollution Exclusion were probably surprised by a recent decision from the Eastern District of Pennsylvania. In Whitmore v. Liberty Mutual Fire Insurance Company , 2008 U.S. Dist. LEXIS 76049...

Barry Zalma
The California Legislature Creates Confusion

As of January 2, 2009 assembly Bill number 2956 and section 1621 through 1623 and section 1732 of the California insurance code became law. The problem, of course, with this attempt to protect consumers is that it creates confusion. The new statutes define...