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Results: 1-10 of 199

New Jersey appellate court affirms denial of coverage for attorneys' failure to disclose potential malpractice claim
  • Locke Lord LLP
  • USA
  • December 28 2010

The Superior Court of New Jersey, Appellate Division, recently affirmed a trial court's decision to deny coverage to an attorney and his law firm who had been sued in an underlying malpractice action


Connecticut district court grants summary judgment to insurer on bad faith claim
  • Locke Lord LLP
  • USA
  • December 28 2010

The United States District Court for the District of Connecticut recently granted a property insurer's motion for summary judgment on a claim that the insurer acted in bad faith when it denied coverage to its insured for damage to the basement walls in the insured's home


Second Circuit finds that service of suit provision in treaties unambiguously waived reinsurer's right of removal
  • Locke Lord LLP
  • USA
  • January 3 2011

The U.S. Court of Appeals for the Second Circuit recently affirmed a district court decision that remanded to state court a lawsuit asserted by the Liquidator of Midland Insurance Company against its reinsurer, Dunav Re, finding that the Service of Suit clause in the reinsurance treaties at issue unambiguously waived Dunav Re's right to remove the dispute to federal court


Federal court orders insurer to produce reinsurance information, despite acknowledging split among courts on the issue
  • Locke Lord LLP
  • USA
  • January 11 2011

Suffolk Federal Credit Union ("SFCU") brought an action against Cumis Insurance Society to recover certain losses arising under a fidelity bond


Massachusetts Appeals Court holds that bad faith statute applies to captive insurers
  • Locke Lord LLP
  • USA
  • December 10 2010

The Massachusetts Appeals Court recently ruled that the state's statute governing insurance companies' claims settlement practices applies to captive insurers


Court holds that D&O policy does not cover internal investigations or costs in responding to SEC investigations
  • Locke Lord LLP
  • USA
  • December 14 2010

A federal court in Florida ruled this fall that a D&O policy does not cover the insured company's costs in responding to an SEC investigation, nor its internal investigation costs in response to a whistleblower complaint


High Court refuses stay in favour of arguable arbitration clause
  • Locke Lord LLP
  • United Kingdom
  • December 8 2010

In the case of Noble Denton Middle East and Another v Noble Denton International Limited 2010 EWHC 2574, Mr Justice Burton was asked to decide two points


Federal Court calls "individual mandate" unconstitutional
  • Locke Lord LLP
  • USA
  • December 16 2010

A Federal Court in Virginia ruled on December 13 that the provision of the Patient Protection and Affordable Care Act requiring most Americans to carry insurance or pay a fine is unconstitutional


High court ruling causes headache for solicitors' professional indemnity insurers
  • Locke Lord LLP
  • United Kingdom
  • December 16 2010

Mortgage Express v Mehrban Michael Singh Sawali 2010 EWHC 3054 (Ch) concerned attempts by Mortgage Express to obtain the entire contents of a solicitor's files created in relation to the solicitor's joint retention by Mortgage Express and a number of its borrowers


Fraudulent misrepresentation by onshore agent to offshore insurer
  • Locke Lord LLP
  • Isle of Man, United Kingdom
  • December 16 2010

In Templeton Insurance Ltd v Motorcare Warranties Ltd 2010 EWHC 3113 (Comm) the Commercial Court heard a dispute between Templeton, an insurance company incorporated in the Isle of Man, engaged in the business of selling mechanical breakdown insurance (MBI), and its UK agent, Motorcare