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Results: 1-10 of 220

Massachusetts High Court rules that Federal Arbitration Act applies to contracts involving interstate commerce

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • August 19 2013

In a decision that has implications for reinsurance, the Massachusetts Supreme Judicial Court last week decided that the Federal Arbitration Act

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

Virginia court follows First Circuit’s Genzyme reasoning, rejects carrier’s bid to recoup $15mm D&O payout

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • December 17 2010

Following the reasoning of the First Circuit in its Genzyme decision, a federal court in Virginia has granted summary judgment to an insured whose carrier had sued to recoup a $15 million settlement under a D&O policy

Third Circuit revives limited portions of in re: insurance brokerage antitrust litigation (MDL 1663)

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • August 18 2010

Nearly three years after a federal district court dismissed with prejudice a nationwide class action alleging antitrust and RICO claims against insurers and brokers in connection with contingent commission arrangements, the Third Circuit Court of Appeals has revived a limited swath of plaintiffs' claims

Morgan Keenan settlement shows risk to mutual fund directors when valuing mortgage-backed securities

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • July 8 2013

In mid-June, eight former fund directors of Morgan Keenan & Co. settled allegations with the Securities and Exchange Commission that they had failed

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

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • 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

CMS proposes changes to “36 month rule” for Home Health

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

In late July, the Centers for Medicare and Medicaid Services (CMS) published a proposed rule for the Medicare Home Health Prospective Payment System (HH PPS) Rate Update for Calendar Year 2011

D&O insurers face potential exposure on Deepwater Horizon claims

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • August 13 2010

Media reports suggest that BP's D&O insurers could face significant exposure to claims stemming from the Deepwater Horizon disaster

Texas High Court rules that contractor does not “assume liability” when agreeing to perform work in good & workmanlike manner

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • January 22 2014

This past Friday, the Texas Supreme Court gave general liability insurers pointed guidance about what constitutes an "assumption of liability" for

Market timing case goes to U.S. Supreme Court

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • October 16 2012

D&O and E&O carriers alike will want to keep a close eye on the US Supreme Court this term