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Revised NAIC insurance holding company model act gains traction
- Edwards Wildman Palmer 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
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
New York State Court denies motion to compel discovery of reinsurance and reserve information
- Edwards Wildman Palmer LLP
- -
- USA
- -
- July 29 2010
In Mt. McKinley Ins. Co. v. Corning Inc., 2010 NY Slip Op 20235 (N.Y. Sup. Ct. June 14, 2010), an insured (“Corning”) moved to compel discovery of reinsurance and reserve information from its insurers, arguing that this information was relevant, material and necessary to its coverage claim
The Seventh Circuit bars malpractice coverage for an insured law firm despite the firm’s subjective belief that it represented its client correctly
- Edwards Wildman Palmer LLP
- -
- USA
- -
- April 23 2013
In Koransky, Bouwer & Poracky, P.C. v. The Bar Plan Mutual Ins. Co., No. 12-1579 (7th Cir. Apr. 2, 2013), the Seventh Circuit affirmed summary
Florida Senate Committee approves bill repealing no-fault law
- Edwards Wildman Palmer LLP
- -
- USA
- -
- April 22 2013
On April 17, 2013, the Florida Senate Committee on Banking and Insurance approved SPB 7152 as committee bill SB 1888 (the "Bill"). The Bill would
Data security developments for the insurance industry
- Edwards Wildman Palmer LLP
- -
- European Union, USA
- -
- March 3 2010
In this article, we briefly review several recent developments in the data security requirements that affect insurance companies and producers with operations in the United States and Europe
Court holds that professional services exclusion in D&O policy applies to broker-dealer’s distribution of REITs
- Edwards Wildman Palmer LLP
- -
- USA
- -
- April 4 2013
A federal court, applying New York law, recently held that a "professional services" exclusion in a D&O policy applied to lawsuits against a
Massachusetts High Court holds that title insurers do not have broad duty to defend counterclaims
- Edwards Wildman Palmer LLP
- -
- USA
- -
- April 26 2013
The Supreme Judicial Court of Massachusetts recently held that where title insurers pursue litigation to cure defects to a title, they do not have a
Internal appeals of arbitration awards in reinsurance disputes
- Edwards Wildman Palmer LLP
- -
- USA
- -
- June 6 2012
Arbitration has long been the preferred method for resolving reinsurance disputes
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