Insurance Law

Recent Posts

Impact Of Bankruptcy On Insurance Matters – New Appleman on Insurance Law Library Edition, Chapter 109
Posted on 27 Sep 2013 by LexisNexis Insurance Law Newsroom Staff

Abstract *** Having considered the bankruptcy process generally in Chapter 107 and undertaken an inquiry into how insurance functions as an asset of the bankruptcy estate in Chapter 108 above, this chapter turns to the impact of bankruptcy on insurance... Read More

General Principles and Introductory Matters Concerning Insurer Insolvency and Bankruptcy – New Appleman on Insurance Law Library Edition, Chapter 96
Posted on 3 Sep 2013 by LexisNexis Insurance Law Newsroom Staff

LexisNexis is publishing a new volume of our authoritative treatise on the nation’s insurance law, the New Appleman on Insurance Library Edition . It is entitled “Insolvency and Bankruptcy.” Comprehensive new Volume 9 is solely devoted... Read More

Insurance as an Asset in the Estate – New Appleman on Insurance Law Library Edition, Chapter 108
Posted on 26 Sep 2013 by LexisNexis Insurance Law Newsroom Staff

By Susan N. K. Gummow Abstract *** Having reviewed the basic elements and concepts of bankruptcy law in Chapter 107 above, Chapter 108 focuses on how insurance functions as an asset of the debtor’s bankruptcy estate. Section 108.01... Read More

Bankruptcy and Insurance – New Appleman on Insurance Law Library Edition, Chapter 107
Posted on 24 Sep 2013 by LexisNexis Insurance Law Newsroom Staff

By Susan N. K. Gummow and Eric J. Shukis Abstract *** The filing of bankruptcy impacts the debtor-insured, its insurers, and parties asserting claims that may implicate the debtor’s insurance policies. Chapter 107 introduces some... Read More

Bankruptcy Issues Arising For Specific Kinds of Insurance – New Appleman on Insurance Law Library Edition, Chapter 110
Posted on 30 Sep 2013 by LexisNexis Insurance Law Newsroom Staff

By James M. Lawniczak Abstract *** Chapter 110 covers insurance issues that often arise in federal bankruptcy cases. Due to their nature, certain types of insurance policies are implicated more often in bankruptcy proceedings than others.... Read More

Comfort Orders in Bankruptcy Court To Advance Defense Costs for Directors and Officers Insurance
Posted on 19 Feb 2013 by Kevin M. LaCroix

After entity coverage began to be added to the D&O insurance policy a couple of decades ago, a recurring problem in the bankruptcy context was whether or not the D&O policy proceeds were property of the estate under Bankruptcy Code Section 541... Read More

Accessing The D&O Liability Coverage of a Bankrupt Corporation
Posted on 8 Dec 2014 by Mary McCutcheon

By Mary McCutcheon An automatic stay in bankruptcy prevents anyone from accessing the property of the debtor estate, including the directors’ and officers’ liability (D&O) policies which insure individual directors and officers of... Read More

Reed Smith LLP on Rosciti v. Liberty Mutual Insurance Company: An Analysis of Accessing Excess Coverage of a Bankrupt Entity
Posted on 1 Feb 2011 by LexisNexis Insurance Law Newsroom Staff

By Ann V. Kramer and Jennifer D. Katz In Rosciti v. Liberty Mutual Insurance Company , the District Court of Rhode Island concluded that an individual seeking damages from a bankrupt company cannot directly collect from that company’s excess... Read More

Supreme Court Denies Petition To Review Ruling In Asbestos Coverage Lawsuit
Posted on 1 Dec 2010 by Jennifer Hans

WASHINGTON, D.C.- (Mealey's) The U.S. Supreme Court on Nov. 30 denied an insurer's petition for certiorari seeking review of the Second Circuit U.S. Court of Appeals' ruling that a 1986 injunction issued in asbestos manufacturer Johns-Manville... Read More

Foley & Lardner: Additional States Enact NAIC Model Qualified Financial Contracts Law
Posted on 7 Sep 2011 by Foley & Lardner LLP

By Andrew Oberdeck , Senior Counsel, Foley & Lardner LLP Several states have recently added provisions to their insurance rehabilitation and liquidation acts which address the rights of parties to certain derivatives transactions with an insurance... Read More

Reed Smith LLP on Rosciti v. Liberty Mutual Insurance Company: An Analysis of Accessing Excess Coverage of a Bankrupt Entity
Posted on 1 Feb 2011 by LexisNexis Insurance Law Newsroom Staff

By Ann V. Kramer and Jennifer D. Katz In Rosciti v. Liberty Mutual Insurance Company , the District Court of Rhode Island concluded that an individual seeking damages from a bankrupt company cannot directly collect from that company’s excess... Read More

Supreme Court Denies Petition To Review Ruling In Asbestos Coverage Lawsuit
Posted on 1 Dec 2010 by Jennifer Hans

WASHINGTON, D.C.- (Mealey's) The U.S. Supreme Court on Nov. 30 denied an insurer's petition for certiorari seeking review of the Second Circuit U.S. Court of Appeals' ruling that a 1986 injunction issued in asbestos manufacturer Johns-Manville... Read More

Foley & Lardner: Additional States Enact NAIC Model Qualified Financial Contracts Law
Posted on 7 Sep 2011 by Foley & Lardner LLP

By Andrew Oberdeck , Senior Counsel, Foley & Lardner LLP Several states have recently added provisions to their insurance rehabilitation and liquidation acts which address the rights of parties to certain derivatives transactions with an insurance... Read More