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New York court dismisses Madoff claim against investment advisors & fund managers

Edwards Wildman Palmer LLP
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USA
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October 16 2012

A New York State trial court recently dismissed claims by the holders of variable life insurance policies, some of whose excess cash value was invested with Bernard Madoff’s securities firm, against various investment advisors and hedge fund managers

Massachusetts Federal Court shows little patience for poorly-pled Exchange Act claims

Edwards Wildman Palmer LLP
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USA
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October 15 2012

D&O issuers and policyholders concerned about their exposure to Exchange Act claims for overly optimistic wind-energy deals may be breathing easier in the wake of a Massachusetts federal district court's holding that a pension fund could not state a viable cause of action against American Superconductor

Mississippi Appeals Court recognizes excess carrier’s malpractice claim against insured’s defense counsel

Edwards Wildman Palmer LLP
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USA
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August 8 2012

Does an excess liability insurer have standing to bring a malpractice claim against counsel appointed by its insured’s primary carrier to defend against a lawsuit?

PLUS D&O Symposium 2012 Day 2 fourth panel: cross-fire

Edwards Wildman Palmer LLP
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USA
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February 16 2012

The 2012 PLUS D&O Symposium concluded with a roundtable discussion, where brokers and carrier representatives offered their frank opinions on a host of topics confronting the industry

PLUS D&O Symposium 2012 Day 2 Second panel: Private company & non-profit D&O claims activity

Edwards Wildman Palmer LLP
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USA
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February 9 2012

The 2012 PLUS D&O Symposium continued with a panel that focused on D&O claims activity in the private company and non-profit space

PLUS D&O symposium 2012 Day 1 fourth panel: where in the cycle are we?

Edwards Wildman Palmer LLP
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USA
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February 8 2012

The fourth and final panel of the 2012 PLUS D&O symposium’s first day focused its discussion on the current claim cycle, and where the industry finds itself

Florida Supreme Court to decide constitutionality of solicitation restrictions on public adjusters

Edwards Wildman Palmer LLP
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USA
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December 22 2011

Currently before the Florida Supreme Court is a case challenging the constitutionality of Section 626.854(6) of the Florida Statutes, which imposes restrictions on the solicitation of business by public adjusters within the 48 hours immediately following an event that may become the subject of a claim under an insurance policy

The strategic importance of Rule 24: the judicious use of intervention to assist in the resolution of insurance coverage issues

Edwards Wildman Palmer LLP
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USA
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September 1 2011

It is an all-too-common scenario: An insured tenders a claim to its insurance carrier, demanding defense and indemnity

Second Circuit throws out criminal convictions stemming from reinsurance transactions

Edwards Wildman Palmer LLP
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USA
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August 1 2011

In a 77-page decision handed down this morning, the U.S. Court of Appeals for the Second Circuit vacated the convictions of five former insurance executives whom prosecutors had alleged engaged in a fraudulent reinsurance transaction

Second Circuit finds that D&O policies must cover costs incurred by independent consultant hired during settlement discussions

Edwards Wildman Palmer LLP
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USA
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July 27 2011

The Second Circuit has declared that a bond insurer’s D&O program was obligated to pay costs incurred by an independent consultant who was hired during the course of settlement negotiations, despite the carrier’s claimed lack of an effective association in the settlement. MBIA, Inc

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New York court dismisses Madoff claim against investment advisors & fund managers

Massachusetts Federal Court shows little patience for poorly-pled Exchange Act claims

Mississippi Appeals Court recognizes excess carrier’s malpractice claim against insured’s defense counsel

PLUS D&O Symposium 2012 Day 2 fourth panel: cross-fire

PLUS D&O Symposium 2012 Day 2 Second panel: Private company & non-profit D&O claims activity

PLUS D&O symposium 2012 Day 1 fourth panel: where in the cycle are we?

Florida Supreme Court to decide constitutionality of solicitation restrictions on public adjusters

The strategic importance of Rule 24: the judicious use of intervention to assist in the resolution of insurance coverage issues

Second Circuit throws out criminal convictions stemming from reinsurance transactions

Second Circuit finds that D&O policies must cover costs incurred by independent consultant hired during settlement discussions

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