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SNR Denton on McReynolds v. American Commerce Insurance Co.: Interpleader as a Safe Harbor for Multiple Demands

By Ronald D. Kent, Partner, SNR Denton 1 McReynolds v. American Commerce Insurance Co. 2 presented an issue at a doctrinal intersection: multiple claims with inadequate limits and claims subject to liens. The court held that an insurer could meet its obligation to consider the multiple offers in...

New Oregon Court of Appeals Decision Broadens Proof of Loss for UIM Claims

By John R. Bachofner, Shareholder, Bullivant Houser Bailey PC The Oregon Court of Appeals has issued a decision in Hall v. Speer , 2011 Ore. App. LEXIS 998 (Or. Ct. App. July 20, 2011) that substantially broadens what will be considered a satisfactory Proof of Loss for Underinsured Motorist (UIM...

Cadwalader Clients & Friends Memo: Applicability to Insurance-Linked Securities of SEC Re-proposal of Shelf Eligibility Conditions for Asset-Backed Securities

On July 26, 2011 the Securities and Exchange Commission (the "SEC") issued a release (the "Proposing Release") revising and re-proposing certain rules (the "Proposed Rules") initially proposed in April 2010 related to asset-backed securities in light of the provisions added...