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Results: 1-10 of 675

Foreign reinsurers announce earthquake loss estimates as industry sectors survey damage

  • Edwards Wildman Palmer LLP
  • -
  • Chile
  • -
  • March 11 2010

Foreign reinsurers are beginning to count the cost of the earthquake in Chile last month, with announced loss estimates already surpassing $1.5 billion

New research shows vaccine may help mesothelioma victims

  • Edwards Wildman Palmer LLP
  • -
  • Netherlands
  • -
  • March 10 2010

Research carried out by a team at the Erasmus Medical Centre in the Netherlands on ten people with malignant mesothelioma has shown that a vaccine may aid victims of the disease

Florida Supreme Court considering question of rental car company vicarious liability

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • March 9 2010

On March 1, 2010, the Florida Supreme Court heard oral argument in Rafael Vargas v. Enterprise Leasing Company, et al., SC08-2269

Rising demand for yuan policies

  • Edwards Wildman Palmer LLP
  • -
  • Hong Kong
  • -
  • March 12 2010

Chan Kin-por, legislator representing the insurance sector in Hong Kong's Legislative Council, recently told the South China Morning Post that many customers and insurance agents have urged him to seek a regulatory change to help the launch of yuan-denominated policies as many people believe that the yuan will appreciate in value over the next few decades and yuan life insurance policies may bring policyholders 20 to 50 growth in terms of investment returns and valuation gains

Further delays for Solvency II implementation; no exemptions for the legacy industry

  • Edwards Wildman Palmer LLP
  • -
  • European Union
  • -
  • March 11 2010

The head of the Insurance and Pensions Unit at the European Commission, Karel Van Hulle, confirmed that a meeting had been scheduled in early May to discuss extending the current October 2012 implementation deadline for the Solvency II regulatory regime to 1 January 2013

Last week in DC: the healthcare reform debate March 8, 2010

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • March 8 2010

Democrats moved steadily forward last week on their reinvigorated efforts to enact comprehensive healthcare reform, as the White House specified its procedural preferences and Congressional leaders continued to hammer out policy provisions

Last week in DC: the healthcare reform debate March 15, 2010

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • March 15 2010

Healthcare negotiations steadily moved forward last week, as details emerged on a potential timeline for completing action on a final bill in the coming weeks

Latin America’s most expensive insured event ever? Compliance and coverage issues begin to emerge as reinsurers continue to estimate impact of Chile earthquake

  • Edwards Wildman Palmer LLP
  • -
  • Chile
  • -
  • March 15 2010

Even if the insured losses from the Chile earthquake fall in the mid-range of current estimates of between US$ 2 billion and US$ 8 billion, it will outpace Hurricane Wilma as the most expensive insured event in Latin America's history, according to a release by reinsurance broker Cooper Gay

Joint discussion paper on consumer complaints published

  • Edwards Wildman Palmer LLP
  • -
  • United Kingdom
  • -
  • March 16 2010

The Financial Services Authority (FSA), the Financial Ombudsman Service (FOS) and the Office of Fair Trading (OFT) have jointly published a discussion paper entitled "Consumer complaints (emerging risks and mass claims) (DP101)"

Insurance market performance in 2009

  • Edwards Wildman Palmer LLP
  • -
  • China
  • -
  • March 12 2010

According to the Statistics on China Insurance Business for 2009 recently published by the China Insurance Regulatory Commission (CIRC), total insurance premiums in China received in 2009 amounted to RMB 1.11 trillion, up 13.8 from 2008