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Anatomy of a record bad faith verdict: how not to treat an injured workers’ compensation claimant in Iowa

  • Erickson & Sederstrom PC
  • -
  • USA
  • -
  • February 27 2015

On February 11, 2015, a jury returned a record verdict in Pottawattamie County District Court in Council Bluffs, Iowa for Toby Thornton and against

Abusive small captive insurance companies on IRS 'dirty dozen' list

  • Caplin & Drysdale, Chartered
  • -
  • USA
  • -
  • February 27 2015

For the first time the Internal Revenue Service (IRS) has included certain small captive insurance companies in its annual list of 'dirty dozen' tax

Life insurance unclaimed property recommendations of the uniform Law Commission working group

  • Sutherland Asbill & Brennan LLP
  • -
  • USA
  • -
  • February 27 2015

The Uniform Law Commission (ULC) Life Insurance Working Group (Working Group) has released its recommendations to revise the life insurance

Insurance won’t have to pay claim for fire in basement pot-growing operation

  • Squire Patton Boggs
  • -
  • USA
  • -
  • February 27 2015

Earlier this week, in Nationwide Mutual Fire Ins. Co. v. McDermott, the Sixth Circuit affirmed a district court’s determination that damages from a

Cooperate, or else

  • Carlton Fields Jorden Burt
  • -
  • USA
  • -
  • February 27 2015

Cooperation is key. Or so says the 10th Circuit at least, in addressing an appeal from a district court's dismissal of an insured's action in which

Interim TRIA Guidance issued by Department of Treasury

  • Carlton Fields Jorden Burt
  • -
  • USA
  • -
  • February 27 2015

As previously reported, the Terrorism Risk Insurance Act ("TRIA" or the "Program") was re-authorized and signed into law on January 12, 2015 (the

Seller beware: Eighth Circuit finds insurer potentially liable for enrollment mistakes of employer

  • Wilson Elser
  • -
  • USA
  • -
  • February 27 2015

In Silva v. Metropolitan Life Insurance Company, 762 F.3d 711 (8th Cir. 2014), the Eighth Circuit joined a number of other circuits in recognizing

Reinsurance update - February 2015

  • Steptoe & Johnson LLP
  • -
  • European Union, United Kingdom, USA
  • -
  • February 26 2015

This edition provides an update of recent developments of interest to the global reinsurance industry. On the US side, the US Case Note highlights a

Ninth Circuit rejects challenge to bonus annuity

  • Sutherland Asbill & Brennan LLP
  • -
  • USA
  • -
  • February 26 2015

The U.S. Court of Appeals for the Ninth Circuit has affirmed summary judgment for the insurer in a putative RICO class action relating to a bonus

ERISA: sometimes a government employee’s benefits could be governed by ERISA?

  • Lane Powell PC
  • -
  • USA
  • -
  • February 26 2015

You already know that employee benefit plans established by governmental entities are exempt from ERISA. But ERISA might apply if the employee