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Offshore wind energy brings new opportunities and risks to insurance industry
- Edwards Wildman Palmer LLP
- -
- USA
- -
- December 21 2010
The recent federal approval of the first wind farm (“Cape Wind”) to be built in United States’ waters marks a new era for renewable energy projects, said Peter Mavraganis, recently appointed leader of Marsh's U.S. Renewable Energy Practice
Preparing for contingent business interruption claims in the wake of Superstorm Sandy
- Edwards Wildman Palmer LLP
- -
- USA
- -
- April 18 2013
The sheer amount of physical damage caused by what was left of Hurricane Sandy when it made landfall in New Jersey on October 29, 2012, is difficult
Wisconsin court: “negligent misrepresentation” claims by molestation victims against archdiocese are not covered under CGL policy
- Edwards Wildman Palmer LLP
- -
- USA
- -
- December 28 2010
The Wisconsin Court of Appeals recently ruled that "negligent misrepresentation" claims against the Archdiocese of Milwaukee arising from alleged molestation by priests are not covered under the Archdiocese's CGL policy
Alleged mutual fund kickback case allowed to proceed as class action
- Edwards Wildman Palmer LLP
- -
- USA
- -
- October 18 2012
Financial lines insurers may want to take a closer look at revenue-sharing agreements between pension plan administrators and the mutual funds they offer plan participants as investment options, in the wake of a Connecticut federal court’s decision to certify a class action against ING Life Insurance & Annuity Company
Court upholds insurer’s decision to deny benefits to smoker’s widow
- Edwards Wildman Palmer LLP
- -
- USA
- -
- October 26 2010
In Jackson v. Farmers New World Life Ins. Co., the United States District Court for the Eastern District of Oklahoma ruled that the insurer did not act in bad faith or breach its contractual duty when it rescinded a $150,000 non-smokers life insurance policy after discovering that the insured was, in fact, a smoker
Massachusetts federal court addresses manifest disregard of the law standard, finds that panel’s decision to limit discovery and witness testimony did not provide a basis to vacate award
- Edwards Wildman Palmer LLP
- -
- USA
- -
- January 21 2011
In OneBeacon America Insurance Co. v. Swiss Reinsurance America Corporation, 09-CV-11495-PBS (D.Mass. December 23, 2010), a motion was brought by petitioner OneBeacon to vacate an arbitration award on the basis that the arbitrators were guilty of misconduct for refusing to permit necessary discovery and hear certain evidence
Arizona federal court permits garnishment from defunct company’s D&O insurers
- Edwards Wildman Palmer LLP
- -
- USA
- -
- May 17 2011
Just because a series of merger documents assert something to be true does not necessarily make it so, particularly when it comes to insurance coverage
PLUS D&O Symposium 2012 Day 2 Second panel: Private company & non-profit D&O claims activity
- Edwards Wildman Palmer LLP
- -
- USA
- -
- 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
NAIC releases RFP to produce designations for commercial mortgage-backed securities
- Edwards Wildman Palmer LLP
- -
- USA
- -
- August 2 2010
The NAIC is seeking proposals for a vendor to model expected losses on approximately 7,500 commercial mortgage-backed securities (CMBS) as of December 31, 2010, according to a news release issued by the NAIC July 28, 2010
BP Deepwater Horizon: geographic test to determine claim eligibility deemed unwarranted
- Edwards Wildman Palmer LLP
- -
- USA
- -
- October 26 2010
Kenneth Feinberg, Administrator of the Gulf Coast Claims Facility ("GCCF"), announced that geographic proximity to the BP Deepwater Horizon incident would not preclude a legitimate individual or business claim
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