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Results: 1-10 of 206

Creditor defeats preference action based on ‘new value’ defense

  • Reed Smith LLP
  • -
  • USA
  • -
  • June 12 2013

As a condition to issuing a surety bond, the insurer required the insured to obtain a Letter of Credit in favor of the insurer. To obtain the LOC, the

CMS proposes rules for Health Insurance Exchange "Navigators"

  • Reed Smith LLP
  • -
  • USA
  • -
  • April 15 2013

On April 5, 2013, CMS published a proposed rule that would establish standards for "Navigators" in federally-facilitated and state partnership

New taxes for Vermont captive insurance companies

  • Reed Smith LLP
  • -
  • USA
  • -
  • August 5 2011

Vermont recently enacted legislation changing the laws governing the taxation of captive insurance companies domiciled in Vermont (H.438, Act 21

‘Contingent claim’ not sufficient to establish right of setoff for lift-stay motion

  • Reed Smith LLP
  • -
  • USA
  • -
  • October 15 2012

The debtor’s insurer sought to lift the automatic stay in order to setoff $2.2 million in return premiums against potential defense costs that the insurer expected to incur related to certain insurance claims made against the debtor

Fifth Circuit reverses District Court in Deepwater Horizon insurance coverage litigation and grants BP unlimited access to Transocean’s $750 million in insurance as 'additional insured'

  • Reed Smith LLP
  • -
  • USA
  • -
  • March 26 2013

On March 1, 2013, a three-judge panel of the United States Court of Appeals for the Fifth Circuit, in In re Deepwater Horizon, No. 12-30230, 2013 WL

Recent developments in additional insured coverage in Texas

  • Reed Smith LLP
  • -
  • USA
  • -
  • October 21 2013

As part of the ongoing insurance coverage dispute following the sinking of the Transocean offshore drilling unit Deepwater Horizon, the United States

Disaster and Business Interruption coverages in the wake of the Polar Vortex

  • Reed Smith LLP
  • -
  • USA
  • -
  • January 17 2014

As reported in our Client Alert of December 2013, the "Joint Plan of Action" reached between the United Kingdom ("UK"), the United States ("U.S."

OIG identifies gaps in private insurer reporting to HealthCare.gov Plan Finder portal

  • Reed Smith LLP
  • -
  • USA
  • -
  • April 15 2013

All private health insurers in the individual and small group markets must submit data to the HealthCare.gov Plan Finder, an online portal created to

Texas Supreme Court limits liability exclusion in Ewing

  • Reed Smith LLP
  • -
  • USA
  • -
  • January 27 2014

On January 17, 2014, the Texas Supreme Court issued a key ruling clarifying the scope of contractual liability exclusions in insurance policies. In

CMS announces $523 Medicare, Medicaid, & chip enrollment application fee for 2012

  • Reed Smith LLP
  • -
  • USA
  • -
  • November 14 2011

CMS has announced that the 2012 application fee for institutional providers (excluding physicians and nonphysician practitioners) enrolling in Medicare, Medicaid, or the Children's Health Insurance Program (CHIP) will be $523 up from $505 in 2011