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Results: 1-10 of 205

Court dismisses all claims in private mortgage reinsurance “kickback” scheme RESPA suit

  • Jorden Burt LLP
  • -
  • USA
  • -
  • May 30 2013

As we reported yesterday , a number of suits in recent years have been filed challenging lender and insurer practices regarding private mortgage

Class certification recommended in alleged private mortgage reinsurance “kickback” scheme

  • Jorden Burt LLP
  • -
  • USA
  • -
  • May 29 2013

When prospective home buyers cannot make a down payment at a certain level (usually twenty percent of the purchase price), lenders often require them

Federal Court remands citing service of suit clause

  • Jorden Burt LLP
  • -
  • USA
  • -
  • May 15 2013

Plaintiff Insurance Company of the State of Pennsylvania ("INSCOP") brought suit in New York state court against TIG, its reinsurer, alleging it

Equitable tolling allowed in alleged scheme reinsuring private mortgage insurance

  • Jorden Burt LLP
  • -
  • USA
  • -
  • May 13 2013

Plaintiff homeowners filed a putative class against Bank of America Corp. ("BOA"), Bank of America Reinsurance Corp. ("BOARC") and three primary

Court allows reinsurer discovery despite “follow the settlements” defense

  • Jorden Burt LLP
  • -
  • USA
  • -
  • May 2 2013

A Connecticut federal court decided some thorny discovery issues in a reinsurance dispute between Travelers and one of its reinsurers, Excalibur. The

Seventh Circuit rejects novel DOL position in affirming summary judgment for retirement plan service provider in revenue sharing class action

  • Jorden Burt LLP
  • -
  • USA
  • -
  • May 2 2013

May 1, 2013 -- In an important appellate victory for the industry in the longrunning series of so-called "revenue sharing" cases, the United States

On remand, district court expands subcontractor exception to rule against coverage for faulty workmanship

  • Jorden Burt LLP
  • -
  • USA
  • -
  • May 1 2013

Recent decisions from the U.S. Courts of Appeal for the Tenth and Second Circuits have partially overturned a longstanding rule against coverage for

Court compels arbitration in reinsurance dispute

  • Jorden Burt LLP
  • -
  • USA
  • -
  • April 30 2013

New Jersey Physicians United Reciprocal Exchange ("NJ Pure") filed a complaint claiming that its reinsurer breached a 2007 reinsurance contract under

British High Court finds for cedents in dispute over coverage for a defective Kuwaiti oil tank

  • Jorden Burt LLP
  • -
  • Kuwait, United Kingdom, USA
  • -
  • April 15 2013

A newly-installed petroleum holding tank in Kuwait was discovered as defective in 2007, and initial repairreplacement estimate was approximately $28

In late notice cases, there’s more at stake than a single claim

  • Jorden Burt LLP
  • -
  • USA
  • -
  • April 8 2013

Both property and liability policies contain provisions that require the insured to provide its carrier with timely notice of a claim, but cases in