We use cookies to customise content for your subscription and for analytics.
If you continue to browse Lexology, we will assume that you are happy to receive all our cookies. For further information please read our Cookie Policy.
In cooperation with Association of Corporate Counsel
  Request new password

Search results

Order by most recent / most popular / relevance

Results: 1-10 of 286

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

Circular letter regarding contract certainty issued for comment by the New York Insurance Department

  • Locke Lord LLP
  • -
  • USA
  • -
  • January 14 2010

The New York Insurance Department (the “Department”) recently issued a draft Supplement No. 1 to Circular Letter No. 20 (2008) (“CL No. 20”) regarding insurance contract certainty for propertycasualty insurance policies and reinsurance contracts

Connecticut federal court awards summary judgment in favor of insurer due to insured’s failure to cooperate

  • Locke Lord LLP
  • -
  • USA
  • -
  • September 25 2009

A Connecticut district court recently awarded summary judgment in favor of an insurance company due to the insured’s failure to cooperate in the insurer’s investigation of a claim

Class action procedure: the latest developments from ALI-ABA conference on insurance and financial services litigation

  • Locke Lord LLP
  • -
  • USA
  • -
  • July 19 2010

This panel offered the insights of a federal district court judge, defense counsel and plaintiffs' counsel regarding Class Action Procedure, focusing on trends regarding the class certification process

California federal court rules that “insured v. insured” exclusion does not preclude insurer’s payments of defense costs in claim brought jointly by insureds and non-insureds

  • Locke Lord LLP
  • -
  • USA
  • -
  • December 1 2009

The United States District Court for the Northern District of California, applying California law, has held that an “insured v. insured” clause exclusion in a D&O policy for claims asserted by an insured against an insured did not preclude the insurer from paying for the entire defense costs incurred by insured and non-insured claimants

Georgia Federal District Court finds that hot tub water is “intended for bodily consumption”

  • Locke Lord LLP
  • -
  • USA
  • -
  • November 11 2009

The United States District Court for the Northern District of Georgia recently held that an insurer had a duty to defend under a CGL policy and umbrella policy against claims relating to a hotel guest’s alleged contraction of Legionnaire’s Disease from a dirty hot tub

NAIC Valuation of Securities (E) Task Force adopt assumptions for residential mortgage-backed securities

  • Locke Lord LLP
  • -
  • USA
  • -
  • December 8 2009

On December 2, 2009, the NAIC Valuation of Securities (E) Task Force adopted final assumptions ("the Assumptions") for the financial model used in determining risk based capital ("RBC") for insurer owned residential mortgage-backed securities ("RMBS"

OGC opinion: Insurance Law 3420 also applies to policies issued in NY but delivered out of state

  • Locke Lord LLP
  • -
  • USA
  • -
  • July 30 2009

The New York Insurance Department’s (“NYID”) Office of General Counsel (“OGC”) recently issued an OGC Opinion (No. 09-06-08) representing the position of the NYID in respect of four distinct queries regarding the recent amendment to Insurance Law 3420, which we have closely followed and written about in this blog

A Connecticut Superior Court denies insurer's motion to strike counts alleging bad faith and violations of CUTPA

  • Locke Lord LLP
  • -
  • USA
  • -
  • January 7 2010

In Vincoli v. Hartford Underwriters Ins. Co., FST-CV-09-5009591-S (Conn.Super. Sept. 24, 2009), a Connecticut Superior Court recently denied an Insurer's motion to strike counts alleging bad faith and violations of CUTPA from a complaint

Indiana District Court holds no underinsured motorist coverage for at fault driver

  • Locke Lord LLP
  • -
  • USA
  • -
  • January 27 2010

An Indiana District Court recently granted summary judgment in favor of an insurer that was charged with breach of the insurance contract and bad faith for denying underinsured motorist benefits to its insured who was found at fault for causing a collision