On March 12, 2012, the U.S. Department of Health and Human Services (HHS) released the long-anticipated Final Rule and Interim Final Rules (the "Rules") on the Patient Protection and Affordable Care Act's (ACA) state health insurance exchanges... Read More
By Robert M. Hall I. Introduction Today there are organizations that mine old premium and loss data seeking to collect additional funds using access to records clauses or audit rights. It may be difficult for the recipient of such a request to comply... Read More
By Robert M. Hall I. Introduction Reinsurance allocation disputes arose out of mass torts that extend over multiple years and impact on many individuals or properties i.e. pollution and asbestos-related losses. When a cedent settles such losses, allocation... Read More
By Randy Roth and John Pierce We have been observing the mortgage crisis over the recent months. To some extent, we are like Will Rogers in that all we know about the crisis “is what we read in the newspapers.” Even though we lack the... Read More
Download " Follow The Settlements And Ex Gratia Payments" by Robert M. Hall . This article originally appeared in LexisNexis ® Mealey's ™ Litigation Report Reinsurance , Volume 21, Issue #19, February 4, 2011. Read More
On 6 November 2013, the Commercial Court handed down its judgment in Tokio Marine Europe Insurance Ltd v Novae Corporate Underwriting Ltd [2013] EWHC 3362 (Comm). Mr Justice Hamblen held that the defendant retrocessionaire had agreed to follow the insurer's... Read More
Integrated Insurance Solution Streamlines Operations with New Technology Platform For Policy, Claims, Billing and Reinsurance Data LexisNexis(R) Risk Solutions has announced the availability of LexisNexis(R) Insurance Enterprise View, a new modular... Read More
Arrowood Surplus Lines Ins. Co. v. Westport Ins. Corp., (2d Cir. (Conn.) October 8, 2010) Plaintiff’s predecessor, Royal Surplus Lines Insurance Company (“Royal Surplus”) entered into an agreement pursuant to which it assumed the liabilities... Read More
Peter Chaffetz of Chaffetz Linsdey LLP was on the faculty of the Reinsurance Outlook 2010 seminar produced earlier this year by HB Litigation Conferences. During a session that focused on the reinsurance implications of the global financial crisis, Chaffetz... Read More
By Robert C. (Bob) Leventhal , Partner, Foley & Lardner LLP The vast majority of reinsurance disputes are decided by alternative dispute resolution methods. Binding arbitration is the most widely used method. Recently there has been increased... Read More
IN THIS MONTH'S EDITION: Circuit Court Reverses District Court and Determines that there is No Right to Injunction to Stop Arbitration Because No Showing of Irreparable Injury District Court Dismisses Case against British American Sua Sponte... Read More
By Cynthia Morrison, Associate, McCarter & English, LLP "Reinsurance, as a specialized industry, utilizes unique terms that are often the subject of disputes between the reinsurer and reinsured. One unique term is the 'follow the fortunes'... Read More
IN THIS MONTH'S EDITION: Payments Made in Settlement of Bodily Injury Lawsuit Against Insured Within Primary Insurer's Policy RESPA Class Action Alleging Illegal Kickback Scheme Involving Reinsurer Dismissed Subsequent Related Claims Not... Read More
Lexis.com subscribers may access the enhanced versions of the cases below. Non-subscribers may access the free, unenhanced versions on lexisONE , if available. U.S. CIRCUIT COURT DECISIONS EIGHTH CIRCUIT EMPLOYERS REINSURANCE CO. V. MASSACHUSETTS... Read More
SEOUL, South Korea (BestWire) - South Korea's reinsurance market is experiencing a softening cycle with an overall reduction in reinsurance rates in April's renewal round. With the absence of large natural catastrophes in South Korea since 2004... Read More