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Results: 1-10 of 1,747

Federal district court dismisses PIP class action suit

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • January 2 2008

In Shenandoah Chiropractic, P.A. v. National Specialty Ins. Co., 2007 WL 4276531 (S.D. Fla. Dec. 3, 2007), the United States District Court for the Southern District of Florida recently dismissed a class action complaint, seeking declaratory relief and alleging breach of contract in relation to a claim for Personal Injury Protection (“PIP”) benefits

South Carolina Insurance Department proposes bulletin regarding captive management companies

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • December 26 2007

Last week, the South Carolina Insurance Department issued a press release announcing a proposed Bulletin that will provide guidelines for captive management companies

Breaking news -- President Bush extends terrorism risk insurance program

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • December 26 2007

Earlier today, President Bush signed into law the Terrorism Risk Insurance Program Reauthorization Act of 2007 ("TRIPRA"), which provides a seven-year extension of the Terrorism Risk Insurance Program, originally created in the wake of September 11 by Terrorism Risk Insurance Act of 2002 (“TRIA”) and extended by the Terrorism Risk Insurance Extension Act of 2005 ("TRIEA"

Massachusetts considering creation of catastrophe fund and other reforms to address coastal insurance problems

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • December 28 2007

A Massachusetts Special Commission recently recommended that Massachusetts create a catastrophe fund to reduce the cost of coastal insurance within the Commonwealth

Missouri district court rules that suit against insurer in liquidation can proceed in federal court

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • December 28 2007

In Midwest Employers Cas. Co. v. Legion Ins. Co. (In Liquidation), No. 4:07CV870 CDP (E.D. Mo. Nov. 7, 2007), Midwest Employers Casualty Company (“MECC”) sought a declaration that the demand for arbitration from Legion Insurance Company under forty-three reinsurance contracts that did not contain arbitration clauses was null and void

Ohio Court of Appeals: consideration of extrinsic evidence is proper in determining meaning of policy wording as to aggregate limits where portions of the policy at issue are missing

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • January 8 2008

The Ohio state Court of Appeals recently determined that where portions of insurance policies at the center of a dispute were missing, the lower court's consideration of extrinsic evidence in determining the meaning behind ambiguous policy wording was proper

Massachusetts High Court affirms insurance commissioner’s property and casualty insurance rate increase approval

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • January 4 2008

In an opinion released yesterday, the Massachusetts Supreme Judicial Court affirmed the state insurance commissioner’s approval of proposed increases in property and casualty insurance rates

Rhode Island enacts new producer training requirements

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • January 4 2008

Rhode Island's recently enacted R.I.G.L. 27-34.2-21 provides for new producer training requirements for all Rhode Island-licensed producers who sell, solicit or negotiate long-term care insurance

Governor Charlie Crist and Florida Insurance Commissioner Kevin McCarty meet with Lloyd’s of London

  • Edwards Wildman Palmer LLP
  • -
  • United Kingdom, USA
  • -
  • July 24 2008

Governor Charlie Crist, Florida Insurance Commissioner Kevin McCarty, and Florida House Speaker Designate Ray Sansom were in London on July 15th to discuss state insurance issues

Bond insurer's decision to cede control to regulators could foreshadow trouble for the municipal bond market

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • January 2 2008

In a move that could signal trouble for the municipal bond market, troubled bond insurer ACA Capital Holdings Inc. has agreed to cede some control of its bond insurance operations to Maryland Insurance Regulators

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