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Results: 11-20 of 2,038

Massachusetts Attorney General files complaint against insurer alleging bid rigging

  • Locke Lord LLP
  • -
  • USA
  • -
  • January 15 2008

In a press release dated January 4, 2008, Massachusetts Attorney General Martha Coakley’s Office reported that it filed a complaint in Suffolk Superior Court against Ohio-based insurer Great American Insurance Group ("Great American"

Revised NAIC insurance holding company model act gains traction

  • Locke Lord LLP
  • -
  • USA
  • -
  • June 6 2012

As part of its solvency modernization initiative, the National Association of Insurance Commissioners (NAIC) adopted broad revisions to its model Insurance Holding Company System Regulatory Act and its Insurance Holding Company System Model Regulation (collectively, the Revised Model Law) in December of 2010

Presentation by Eithne McCarthy - the new Insurance Block Exemption Regulation

  • Locke Lord LLP
  • -
  • USA
  • -
  • April 22 2010

Eithne McCarthy, from the Financial Services Unit of the European Commission's Competition Directorate General (DG Comp), made a presentation on the new Insurance Block Exemption Regulation (BER) to the Law Society's Competition Section on 13 April 2010

Court denies insurer’s motion to bifurcate breach of contract and bad faith claims

  • Locke Lord LLP
  • -
  • USA
  • -
  • June 6 2013

In Osbourne Renfrow v. Redwood Fire and Casualty Ins. Co., et al., 288 F.R.D. 514 (D. Nev. 2013), the U.S. District Court, District of Nevada

New York appeals court: Dishonest Acts exclusion does not preclude coverage for SEC-ordered payment

  • Locke Lord LLP
  • -
  • USA
  • -
  • January 23 2015

Last week, the Appellate Division (First Department) of the New York State Supreme Court issued its latest ruling in the matter of JP Morgan

Massachusetts allows terrorism risk exclusions in fire insurance policies

  • Locke Lord LLP
  • -
  • USA
  • -
  • February 4 2011

Massachusetts recently adopted a law, effective April 13, 2011, that permits insurers to exclude coverage in commercial property insurance policies for losses caused directly or indirectly by acts of terrorism

Court enforces life insurance beneficiary change using electronic signature process

  • Locke Lord LLP
  • -
  • USA
  • -
  • June 20 2012

In an unpublished opinion, Julie Zulkiewski v American General Life Insurance Company v. Ronald S. Zulkiewski and Sharon Zulkiewski, 2012 Mich. App. LEXIS 1086, the Court of Appeals of Michigan recently affirmed a summary judgment for American General Life Insurance Company (“American General”) and in favor of a beneficiary to a life insurance policy designated using an electronic signature process

Open questions remain following passage of AB 1324, designed to address authorization rescissions by health plans and insurers

  • Locke Lord LLP
  • -
  • USA
  • -
  • October 31 2007

Governor Arnold Schwarzenegger signed Assembly Bill 1324 into law on October 14, 2007

United States Solicitor General: the convention is not preempted by the McCarran-Ferguson Act

  • Locke Lord LLP
  • -
  • USA
  • -
  • September 24 2010

As our readers know, we have been following the developments in Louisiana Safety Association of Timbermen Self Insured Fund v. Certain Underwriters at Lloyd’s, London, et al., No. 09 945, a case under consideration for certiorari by the U.S. Supreme Court that concerns whether Article II of the Convention on the Recognition and Enforcement of Foreign Arbitral Awards, as implemented by Chapter 2 of the Federal Arbitration Act (the “FAA”), is an “Act of Congress” subject to the anti preemption provision of the McCarran Ferguson Act, 15 U.S.C. 1011, et seq

Potential class action against State Farm and its claims adjusting software company

  • Locke Lord LLP
  • -
  • USA
  • -
  • October 12 2007

Judge Stanwood R. Duval, Jr. of the United States district court of Lousisa federal district court sitting in Louisiana recently held that two homeowners could jointly file an amended complaint and proceed with their proposed class action lawsuit against State Farm Fire and Casualty Company and software company Xactware