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Settlement reached in asbestos liability reinsurance dispute

Jorden Burt LLP
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USA
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November 25 2011

A suit filed late last year by two subsidiaries of Chartis, Inc. against their reinsurer, Transport Insurance Co, was recently settled and dismissed

Preliminary approval granted for class settlement involving alleged underreporting of workers compensation premiums

Jorden Burt LLP
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USA
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August 25 2011

We have previously reported on the class action lawsuit by members of the National Worker’s Compensation Reinsurance Pool against AIG for alleged “fraudulent underreporting of workers compensation premiums for the purpose of reducing its share of the residual workers compensation market and consequently increasing the residual market costs of the other members of the Pool.”

Appeals court balances deference to arbitrator with less stringent standards for pro se parties

Jorden Burt LLP
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USA
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June 22 2011

The plaintiff, Sandra Parker, brought an employment discrimination suit against her employer, J.C. Penney, which moved to arbitrate the case

Court compels FINRA arbitration of employment dispute

Jorden Burt LLP
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USA
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April 25 2011

Kevin Imhoff left his job as a broker for Primerica, for whom he sold various securities and insurance products, to go work for a competitor

U.K. high court endorses exposure trigger for asbestos-related liabilities

Jorden Burt LLP
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USA
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March 1 2011

The UK Court of Appeals ruled on trigger of coverage issues in a consolidated appeal of cases involving underlying personal injury litigation arising from exposure to asbestos, in light of employers liability policies that generally cover liability for injury "sustained" during the policy year in question

UK court rejects claims based upon defection of Lloyd’s brokers to a competitor firm

Jorden Burt LLP
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USA
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December 29 2010

The defection of three brokers from Global Risks, a Lloyd's insurance and reinsurance broker, to competitor Tyser & Co

Lawsuit alleging underreporting of workers compensation premiums will proceed, in part

Jorden Burt LLP
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USA
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July 28 2010

Motions to dismiss a lawsuit brought by plaintiff American Insurance Group, Inc, and its affiliates and subsidiaries, has been dismissed in part, and granted in part

Broker protocol sees membership growth

Jorden Burt LLP
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USA
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July 7 2010

As a result of an increasingly competitive business environment, financial advisors appear to be moving from one firm to another with more frequency

Treaty tips: don’t leave it to a court to interpret the parties’ “deems”

Jorden Burt LLP
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USA
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March 4 2010

The interpretation of the words "or so deemed" will dictate whether a reinsurer will be liable for reinsured losses under an excess loss workers' compensation and employers' liability reinsurance treaty

Existence of deemer clause undoes judgment against reinsurer

Jorden Burt LLP
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USA
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September 21 2009

We previously reported (April 7, 2008) on a federal district court’s interpretation of the liability limit of an employers’ liability reinsurance agreement in a summary judgment setting, finding in favor of the position advanced by the reinsured