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Results: 1-10 of 9,519

Access to TARP program and Fed funding: insurance company strategies and implications

  • Sutherland Asbill & Brennan LLP
  • -
  • USA
  • -
  • January 14 2009

Less than 2 weeks after the enactment of the Emergency Economic Stabilization Act of 2008 (EESA), the Department of the Treasury began implementing the Troubled Assets Relief Program (TARP), albeit not in the form initially presented to Congress

District of Columbia high court addresses availability of general liability insurance for allegations of marketing alcohol to minors

  • Hunton & Williams LLP
  • -
  • USA
  • -
  • January 16 2009

The District of Columbia Court of Appeals affirmed a trial court's ruling on November 26, 2008, that allegations of unfair business practices, negligence and corrupt activity that do not seek damages because of bodily injury or property damage would not be covered under an insured's general liability insurance contract

Scott Kipper appointed new Nevada insurance commissioner

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • January 14 2009

Last month, Dianne Cornwall, Director of the Nevada Department of Business & Industry, announced that Scott Kipper would be appointed the new commissioner of the Nevada Division of Insurance

Department of Labor announces that sample notices for extended COBRA subsidy will be forthcoming

  • Porter Wright Morris & Arthur LLP
  • -
  • USA
  • -
  • January 14 2010

As you will recall from my earlier post, Congress and the President extended the COBRA subsidy, originally a part of the American Recovery and Reinvestment Act of 2009 (ARRA) (the stimulus bill), to individuals involuntary terminated through February 28, 2010 (from December 31, 2009) and the length of the subsidy to 15 months (from 9 months

Connecticut and Maine issue state regulatory pronouncements

  • Jorden Burt LLP
  • -
  • USA
  • -
  • January 2 2009

The Connecticut Insurance Department recently issued a Bulletin (Number FS-4AR-08) relating to the 2008 and 2009 financial filing requirements by accredited reinsurers

California Court of Appeal again finds no stacking of liability policy limits

  • Barger & Wolen LLP
  • -
  • USA
  • -
  • April 14 2013

Nearly two years ago, the California Court of Appeal for the Second Appellate District issued a decision that upheld the concept of horizontal

Synthetic annuities in today’s market

  • Jorden Burt LLP
  • -
  • USA
  • -
  • December 31 2008

Two realities may be combining to increase the level of public receptivity to annuitization in the form of a guaranteed stream of income over either a stipulated period or life

SCHIP Bill passed again by House

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • January 15 2009

On January 14, 2009, the U.S. House of Representatives passed the Children's Health Insurance Program Reauthorization Act of 2009 (H.R. 2) (the “Act”) by a vote of 289-139

Court upholds denial based on late notice and rejects estoppel and waiver arguments

  • Wiley Rein LLP
  • -
  • USA
  • -
  • January 14 2009

A federal district court, applying Michigan law, has held that an insurer was not precluded by principles of equitable estoppel or waiver from denying coverage for lawsuits based on late notice

Treaty tips: keeping an eye on “losses”

  • Jorden Burt LLP
  • -
  • USA
  • -
  • December 31 2008

Losing sight of fundamental treaty definitions as a reinsurance arrangement changes over time can result in unexpected consequences

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