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Results: 1-8 of 8

SLUSA doesn't preclude variable annuitants' breach of contract claims

  • Winston & Strawn LLP
  • -
  • USA
  • -
  • January 7 2013

On January 2nd, the Ninth Circuit partially reinstated contract claims asserted by purchasers of variable universal life insurance policies

Pragmatism overrides strict interpretations

  • Winston & Strawn LLP
  • -
  • USA
  • -
  • August 20 2012

On August 13th, the Second Circuit vacated and remanded the district court's order denying a motion to certify a settlement class

Homeowner's insurance does not cover Ponzi scheme losses

  • Winston & Strawn LLP
  • -
  • USA
  • -
  • February 21 2012

On February 16th, the Second Circuit held that a homeowner's insurance policy does not cover losses suffered in a Ponzi scheme

Disgorgement is not an insurable loss

  • Winston & Strawn LLP
  • -
  • USA
  • -
  • January 3 2012

On December 13th, a New York Appellate Court held that the payment of disgorgement to settle SEC charges is not an insurable loss

Antitrust claims are not "personal and advertising injury."

  • Winston & Strawn LLP
  • -
  • USA
  • -
  • September 28 2011

In a case decided by the 11th Circuit on September 19th, Trailer Bridge, Inc. sought coverage under the "personal and advertising injury" component of its commercial general liability policy for antitrust claims leveled against it

Regulatory investigations into MBIA's accounting practices were covered by its D&O policies

  • Winston & Strawn LLP
  • -
  • USA
  • -
  • July 11 2011

On July 1st, the Second Circuit held that directors and officers liability insurance policies issued by defendants covered costs incurred by plaintiff, MBIA, as a result of SEC and New York Attorney General investigations into MBIA's accounting practices

Separate court case required to determine D&O coverage for former Stanford Bank executives

  • Winston & Strawn LLP
  • -
  • USA
  • -
  • March 22 2010

On March 16th, the Fifth Circuit held that a separate parallel coverage action was required to determine whether D&O insurers were required to pay for the defense of individual defendants in the cases stemming from the alleged Ponzi scheme perpetrated by R. Allen Stanford

Broker-dealer's state law duties

  • Winston & Strawn LLP
  • -
  • USA
  • -
  • February 1 2010

On January 25th, the Fifth Circuit reversed, in part, the dismissal of lawsuits filed by the receivers of looted insurance companies against a broker-dealer through which the looted proceeds were laundered