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Results: 1-10 of 1,914

Iowa and Maryland adopt acts concerning credit for reinsurance

  • Jorden Burt LLP
  • -
  • USA
  • -
  • May 22 2013

On April 24, 2013, the Iowa State Senate adopted a Credit for Reinsurance Act that becomes effective January 1, 2014. On March 20, 2013, the Maryland

NAIC reinsurance task force meeting update - May 2013

  • Jorden Burt LLP
  • -
  • USA
  • -
  • May 21 2013

he NAIC's Reinsurance Task Force met on April 8, 2013, as part of the NAIC's spring national meeting. The Task Force has published its agenda and

Eighth Circuit affirms dismissal of contract dispute between insurer and reinsurance broker

  • Jorden Burt LLP
  • -
  • USA
  • -
  • May 20 2013

In a contract dispute between an insurer and its reinsurance broker on which we previously reported, the Eighth Circuit affirmed the district court's

Roundup of appellate arbitration decisions

  • Jorden Burt LLP
  • -
  • USA
  • -
  • May 16 2013

Mandell v. Reeve, No. 11-5238 (2d. Cir. Feb. 4, 2013) (affirming district court’s confirmation of arbitration award and denial of petition to vacate

Federal Court remands citing service of suit clause

  • Jorden Burt LLP
  • -
  • USA
  • -
  • May 15 2013

Plaintiff Insurance Company of the State of Pennsylvania ("INSCOP") brought suit in New York state court against TIG, its reinsurer, alleging it

Court orders party that mistakenly paid award to wrong entity must pay agreed upon interest on award

  • Jorden Burt LLP
  • -
  • USA
  • -
  • May 14 2013

As we reported on November 1, 2012, a federal court confirmed an arbitration award in favor of AXA Versicherung AG in a long-running reinsurance

Equitable tolling allowed in alleged scheme reinsuring private mortgage insurance

  • Jorden Burt LLP
  • -
  • USA
  • -
  • May 13 2013

Plaintiff homeowners filed a putative class against Bank of America Corp. ("BOA"), Bank of America Reinsurance Corp. ("BOARC") and three primary

Because they can: federal judges in Pennsylvania are dismissing insurers’ “common” declaratory judgment cases

  • Jorden Burt LLP
  • -
  • USA
  • -
  • May 10 2013

Insurance companies, like other businesses, generally prefer to litigate disputes with consumers in federal court, and they often invoke diversity

SEC brings action against independent fund trustees and provides gloss on section 15(C) process

  • Jorden Burt LLP
  • -
  • USA
  • -
  • May 9 2013

May 9, 2013 -- The SEC has settled a noteworthy enforcement action against mutual fund trustees -- including independent trustees -- and service

Connecticut Insurance Department issues practical guidance regarding its credit for reinsurance law

  • Jorden Burt LLP
  • -
  • USA
  • -
  • May 9 2013

As previously reported on this blog, the Connecticut Insurance Department amended its Credit for Reinsurance law to align with the NAIC Credit for

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