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Reinsurer’s motion to seal documents related to arbitration granted by Pennsylvania court

Edwards Wildman Palmer LLP
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USA
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August 27 2009

Republic Western Insurance Company ("Republic") reinsured certain workers’ compensation policies issued by Reliance Insurance Company

New York reduces director requirements for domestic insurers

Edwards Wildman Palmer LLP
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USA
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September 11 2009

As of August 12 2009, in accordance with Chapter 293 of the Laws of New York 2009, the minimum number of directors required for New York domestic insurers has been reduced from thirteen to seven, and the minimum number of New York resident directors required for domestic insurers has been reduced from two to one

New compensation disclosure requirements proposed for New York insurance producers

Edwards Wildman Palmer LLP
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USA
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September 15 2009

After months of discussion with industry and consumer groups, the New York Insurance Department (the "Department") released yesterday proposed regulations creating an obligation on the part of insurers to disclose information about producer compensation to purchasers

Eleventh Circuit affirms judgment in favor of contractor’s insurers, finding no bad faith

Edwards Wildman Palmer LLP
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USA
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September 10 2009

In Fidelity & Deposit Co., et al. v. Douglas Asphalt Co., et al., No. 09-10919 (11th Cir. Jul. 28, 2009), the Eleventh Circuit affirmed the District Court’s judgment in favor of the insurers, who sought to recover from their insured payments made under payment and performance bonds when the insured allegedly defaulted and failed to complete a project

Federal court rules that arbitration award satisfied final adjudication requirement in intentional acts and personal profit exclusions

Edwards Wildman Palmer LLP
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USA
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September 10 2009

Earlier this summer, the U.S. District Court for the Central District of California, Western Division held that an arbitrator's determination in an underlying claim triggered the intentional acts and personal profit exclusions in both a D&O and E&O policy

New Vermont Captive Insurance Association President

Edwards Wildman Palmer LLP
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USA
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September 16 2009

Following a nation-wide search, Michael Bemi, Chair of the Vermont Captive Insurance Association (the "VCIA") Board of Directors, recently announced that the VCIA has selected Richard Smith as the new President of the VCIA

New York announces public hearing on life insurance and annuity sales practices

Edwards Wildman Palmer LLP
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USA
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September 15 2009

Yesterday, the New York State Insurance Department ("NYSID") issued a press release announcing that it will hold public hearing on Wednesday, September 16, regarding life insurance and annuity sales practices

Connecticut trial court awards judgment in favor of insured and rejects insurer’s theory that insured’s lack of income was motive for loss where insured had other assets

Edwards Wildman Palmer LLP
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USA
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September 14 2009

A Connecticut trial court recently awarded judgment, following a bench trial, in favor of an insured who sought coverage from her insurance company for her vehicle after it was stolen and destroyed by fire

Trust beneficiary has standing to sue life insurance carrier to collect policy benefits

Edwards Wildman Palmer LLP
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USA
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September 14 2009

The United States District Court for the Eastern District of Wisconsin recently held that a beneficiary of a trust has standing to sue the life insurance carrier to collect policy benefits on an accidental death policy

Massachusetts Insurance Commissioner steps down for position in academia

Edwards Wildman Palmer LLP
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USA
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September 18 2009

According to industry reports, Massachusetts Insurance Commissioner, Nonnie S. Burnes, recently announced her plan to resign from the Insurance Department to become a senior university fellow at Northeastern University, where she earned her law degree

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Search results

Reinsurer’s motion to seal documents related to arbitration granted by Pennsylvania court

New York reduces director requirements for domestic insurers

New compensation disclosure requirements proposed for New York insurance producers

Eleventh Circuit affirms judgment in favor of contractor’s insurers, finding no bad faith

Federal court rules that arbitration award satisfied final adjudication requirement in intentional acts and personal profit exclusions

New Vermont Captive Insurance Association President

New York announces public hearing on life insurance and annuity sales practices

Connecticut trial court awards judgment in favor of insured and rejects insurer’s theory that insured’s lack of income was motive for loss where insured had other assets

Trust beneficiary has standing to sue life insurance carrier to collect policy benefits

Massachusetts Insurance Commissioner steps down for position in academia

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