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Results: 11-20 of 217

NAIC subgroup adopts White Paper on Alternative Mechanisms for Troubled Companies

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

During the National Association of Insurance Commissioners’ (NAIC) winter meeting, the Restructuring Mechanisms for Troubled Companies (E) Subgroup adopted the "White Paper on Alternative Mechanisms for Troubled Companies" (the "White Paper"

Federal court confirms foreign arbitration award, even though appeal of award in foreign jurisdiction was pending

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

Plaintiff China National Chartering Corp. (“CNCC”) petitioned the U.S. District Court for the Southern District of New York to confirm an arbitration award rendered in its favor against defendant Pactrans Air & Sea, Inc. (“Pactrans”) by the China Maritime Arbitration Commission (“CMAC”

Insurance contract law reform - draft Bill on Consumer Insurance Law: Pre-Contract Disclosure and Misrepresentation

  • Edwards Wildman Palmer LLP
  • -
  • United Kingdom
  • -
  • December 15 2009

The Law Commission has today published its draft Bill on Consumer Insurance Law: Pre-Contract Disclosure and Misrepresentation

Details of House-passed financial regulatory reform legislation

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

On Friday, the House passed its 1,200 page package of nine bills to reform the U.S. financial regulatory system by a vote of 223-202

Florida legislator seeks de-regulation of rates for property insurance that covers risk of windstorm or hurricane

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

On December 8, 2009, State Representative Bill Proctor filed HB 447, An Act Relating to Residential Property Insurance, in the Florida Legislature

Javier Cascante appointed Insurance Commissioner

  • Edwards Wildman Palmer LLP
  • -
  • Costa Rica
  • -
  • December 14 2009

Costa Rica’s financial services supervisor, the Consejo Nacional de Supervision del Sistema Financiero (Conassif), recently unanimously selected Javier Cascante as the head of country’s new insurance superintendency, the Superintendencia General de Seguros (Sugese

Total premiums off nearly 5 in September

  • Edwards Wildman Palmer LLP
  • -
  • Brazil
  • -
  • December 14 2009

When comparing September 2009 to September 2008, total premiums in the Brazilian insurance market were down 4.81 (US$ 1.42 billion), down to US$ 29.58 billion to US$ 28.16 billion

Proposed insurance producer transparency regulation is published in the New York State Register; prompts insurance industry trade group to prepare for suit against regulators

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • December 11 2009

The New York Insurance Department (the "Department") has drafted a new regulation regarding the transparency of insurance producer compensation

NAIC adopts 2010 budget

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • December 10 2009

The National Association of Insurance Commissioners (“NAIC”) adopted a $70.9 million operating budget for 2010 at its winter meeting in San Francisco on Monday, December 7

Brokers' duties

  • Edwards Wildman Palmer LLP
  • -
  • United Kingdom
  • -
  • December 9 2009

In Dunlop Haywards (DHL) Ltd and Others v Barbon Insurance Group Ltd and Others 2009 EWHC 2900 (Comm), the claimant companies brought an action against the defendant insurance broker, in contract and in tort, for failing to exercise reasonable skill and care in obtaining the required excess insurance cover

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