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Court holds that Florida law applies to tort claims brought by insurer against Floridian and London reinsurance brokers
- Jorden Burt LLP
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- United Kingdom, USA
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- May 1 2013
We reported earlier on an action brought by Instituto Nacional de Seguros ("INS"), a Costa Rican state-owned insurer, against Florida insurance
British High Court finds for cedents in dispute over coverage for a defective Kuwaiti oil tank
- Jorden Burt LLP
- -
- Kuwait, United Kingdom, USA
- -
- April 15 2013
A newly-installed petroleum holding tank in Kuwait was discovered as defective in 2007, and initial repairreplacement estimate was approximately $28
England and New York convergence on “follow the settlements”?
- Ince & Co LLP
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- United Kingdom, USA
- -
- March 28 2013
In February 2013, the highest appellate court in New York issued its judgment in USF&G v American Reinsurance Co. This confirms the high standard
British court affirms reinsurance arbitration award on number of occurences in 911 attacks
- Jorden Burt LLP
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- United Kingdom, USA
- -
- March 19 2013
Plaintiff cedent and defendant reinsurers were parties to certain reinsurance treaties providing cover for aviation-related risks, with threshold
A useful purpose
- Kennedys
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- United Kingdom, USA
- -
- December 31 2012
When deciding whether it has jurisdiction to hear a dispute already subject to foreign proceedings, a key test for an English court is whether the English
ACE and others to serve proceedings on Howden out of jurisdiction
- Edwards Wildman Palmer LLP
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- United Kingdom, USA
- -
- October 23 2012
In Ace European Ltd & 5 ors v (1) Howden Group (2) Howden North America Inc (formerly Howden Buffalo Inc) 2012 EWHC 2427 (Comm), Mr Justice Field upheld his prior order granting permission to the claimant insurers (the Claimants), to serve proceedings seeking declaratory relief, out of the jurisdiction
British court disagrees with Pennsylvania court on jurisdiction and forum, keeping alive separate cases proceeding on the same insurance policies in British and U.S. courts
- Jorden Burt LLP
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- United Kingdom, USA
- -
- October 18 2012
Howden North America, Inc., a subsidiary of the Howden Group, Ltd., manufactures equipment for the petrochemical, steel, mining, and cement production industries
London market insurers prevail against BP in insurance buyback dispute
- Duane Morris LLP
- -
- United Kingdom, USA
- -
- September 18 2012
The California Court of Appeal has affirmed a judgment that certain Underwriters at Lloyd’s, London and certain London market insurance companies were entitled to consider all subsidiaries as part of an insurance buyback agreement they had with one of the world's largest oil companies
English law reinsurance contracts may not cover asbestos or other U.S. liabilities
- Pillsbury Winthrop Shaw Pittman LLP
- -
- United Kingdom, USA
- -
- July 23 2012
In the words of the Court of Appeal in Faraday Reinsurance Co Ltd v Howden North America Inc & Anor 2012 EWCA Civ 980 (20 July 2012), "it would be idle to pretend that the English courts and the American (including the Pennsylvania) courts see eye to eye on the question of the liability of insurers to respond to asbestos claims"
General counsel update
- Herbert Smith Freehills LLP
- -
- China, European Union, Germany, Hong Kong, Indonesia, Mongolia, Singapore, United Kingdom, USA
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- July 11 2012
This is the thirtieth in our series of general counsel updates which aim to summarise major developments in key areas
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