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Results: 11-20 of 162

PLUS D&O symposium 2012 Day 1 fourth panel: where in the cycle are we?

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • February 8 2012

The fourth and final panel of the 2012 PLUS D&O symposium’s first day focused its discussion on the current claim cycle, and where the industry finds itself

Florida Supreme Court to decide constitutionality of solicitation restrictions on public adjusters

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • December 22 2011

Currently before the Florida Supreme Court is a case challenging the constitutionality of Section 626.854(6) of the Florida Statutes, which imposes restrictions on the solicitation of business by public adjusters within the 48 hours immediately following an event that may become the subject of a claim under an insurance policy

The strategic importance of Rule 24: the judicious use of intervention to assist in the resolution of insurance coverage issues

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • September 1 2011

It is an all-too-common scenario: An insured tenders a claim to its insurance carrier, demanding defense and indemnity

Second Circuit throws out criminal convictions stemming from reinsurance transactions

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • August 1 2011

In a 77-page decision handed down this morning, the U.S. Court of Appeals for the Second Circuit vacated the convictions of five former insurance executives whom prosecutors had alleged engaged in a fraudulent reinsurance transaction

Second Circuit finds that D&O policies must cover costs incurred by independent consultant hired during settlement discussions

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • July 27 2011

The Second Circuit has declared that a bond insurer’s D&O program was obligated to pay costs incurred by an independent consultant who was hired during the course of settlement negotiations, despite the carrier’s claimed lack of an effective association in the settlement. MBIA, Inc

California court requires complete horizontal exhaustion of liability coverage before excess coverage can attach

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • July 19 2011

Addressing apportionment issues left unresolved by the California Supreme Court’s decision in Montrose Chemical Corporation v. Admiral Insurance Company, 10 Cal.4th 645 (1995), California’s intermediate appeals court has ruled that an insured that manufactured asbestos-containing products must first exhaust the limits of all of its primary insurance before it may claim benefits under its excess coverage

Massachusetts court rules for carrier in property dispute, orders return of advance

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • June 28 2011

The Massachusetts Appeals Court recently concluded that an insured could not claim property insurance benefits following a fire at its restaurant, because the insured had actual knowledge that its fire-suppression system was no longer functional, and because the insured had exclusive control over the system’s maintenance

Arizona federal court permits garnishment from defunct company’s D&O insurers

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • May 17 2011

Just because a series of merger documents assert something to be true does not necessarily make it so, particularly when it comes to insurance coverage

Us federal court determines it lacks jurisdiction over reinsurer

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • May 11 2011

A Pennsylvania federal court judge recently dismissed a cedent's lawsuit against its reinsurer for want of personal jurisdiction

BankAtlantic verdict voided

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • May 10 2011

We previously reported on the jury verdict against BankAtlantic in the matter of In re BankAtlantic Bancorp, Inc. Securities Litigation, S.D.Fla. Docket No. 07-cv-61542-UU