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Results: 1-10 of 1,871

New York regulation expected to reduce level-term life insurance reserves by a third

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • April 14 2014

In a letter addressed to the National Association of Insurance Commissioners, Benjamin Lawsky, Superintendent of the New York Department of Financial

Four insurers subpoenaed as part of Iranian sanctions investigation; suspected of insuring foreign commodities trader accused of violating trade sanctions against Iran

  • Edwards Wildman Palmer LLP
  • -
  • Iran, USA
  • -
  • April 11 2014

The New York Department of Financial Services ("DFS") has issued subpoenas to four insurers as part of an ongoing probe into violations of U.S. trade

Internal Revenue Service files appeal in the Validus excise tax case

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • April 10 2014

Following up on our earlier Insurance and Reinsurance Blog on this matter (the relevant post can be found here), the Internal Revenue Service today

U.S. senators announce bipartisan agreement to extend TRIA

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • April 10 2014

A bipartisan group of senators have co-sponsored a measure to extend the Terrorism Risk Insurance Act ("TRIA") for the next seven years. TRIA, which

New York State Department of Financial Services circular letters regarding disaster preparedness

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • April 9 2014

On March 31, 2014, the New York State Department of Financial Services ("DFS") issued three separate Circular Letters pursuant to various laws

Massachusetts federal court declares that professional liability insurer need not defend accounting firm for faulty investment advice

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • April 8 2014

The federal district court in Massachusetts has declared that a professional liability insurer owes no duty to defend its insured, an accounting firm

First Circuit holds that preclusive effect of prior arbitration outcome is itself an arbitrable issue

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • April 7 2014

The U.S. Court of Appeals for the First Circuit earlier this year held that the preclusive effect of a prior arbitration is itself a matter for

Principle-Based Reserving Implementation (EX) Task Force

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • April 1 2014

The Principle-Based Reserving ("PBR") Implementation (EX) Task Force (the "Task Force") discussed a variety of topics related to the development and

Massachusetts Appeals Court holds upholds summary judgment on behalf of insurer based on a prior acts exclusion and inaccurate statements in the policy application

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • April 1 2014

The Appeals Court of Massachusetts recently issued a coverage decision captioned Hurley v. Comproni, et al., 85 Mass. App. Ct. 1101, 3 N.E.3d 615

Reinsurance (E) Task Force NAIC Meeting

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • March 31 2014

The Reinsurance (E) Task Force ("Task Force") NAIC Spring Meeting covered a variety of reports and initiatives, however the bulk of the meeting