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Results: 1-10 of 2,354

Florida to Withdraw from the Nonadmitted Insurance Multi-State Agreement
  • Locke Lord LLP
  • USA
  • May 16 2016

The Florida Surplus Lines Office (“FSLO”) has reported that, effective June 1, Florida will withdraw from the Nonadmitted Insurance Multi-State


New York’s Highest Court Holds All Sums Allocation And Vertical Exhaustion Applied To Excess Insurance Coverage For Asbestos Claims
  • Locke Lord LLP
  • USA
  • May 4 2016

On May 3, 2016, the Court of Appeals of New York issued its opinion in In re Viking Pump, No. 59, 2016 WL 1735790, and found that "all sums"


Florida Appoints David Altmaier as Insurance Commissioner
  • Locke Lord LLP
  • USA
  • May 2 2016

On April 29, 2016 it was announced that David Altmaier has been appointed as the new Insurance Commissioner for the Florida Office of Insurance


Flood Insurance Modernization Measure Passes U.S. House Unanimously
  • Locke Lord LLP
  • USA
  • April 29 2016

The House unanimously passed legislation yesterday which would open up flood insurance to the private market. As previously reported in this blog, H


Two Significant Privacy and Data Protection Developments for the Insurance Industry
  • Locke Lord LLP
  • USA
  • April 27 2016

Recent action by the National Association of Insurance Commissioners (NAIC) could eliminate the requirement to issue redundant annual privacy notices


Going for Broke(r) - Broker Named in Cyber Coverage Litigation
  • Locke Lord LLP
  • USA
  • April 27 2016

A subplot is brewing in the policy limits dispute between a data breach victim and its cyber insurer - is a specialty broker that worked with the


ISO Data Call Reflects Ongoing Efforts to Shape Cyber Underwriting Standards
  • Locke Lord LLP
  • USA
  • April 27 2016

Efforts continue to gather data and standards on which to base cyber underwriting decisions. On March 11, 2016, the Insurance Services Office, Inc


Illinois Federal Court Dismisses Claim That Premium Payment After Insured’s Death Reinstated Lapsed Life Insurance Policy
  • Locke Lord LLP
  • USA
  • April 22 2016

The U.S. District Court for the Northern District of Illinois recently dismissed a complaint filed by a policy beneficiary asserting that her


NAIC Gets the Ball Rolling to Streamline GLBA Annual Privacy Notices
  • Locke Lord LLP
  • USA
  • April 14 2016

As reported here, recent amendments to the annual privacy notice requirement under the Gramm-Leach-Bliley Act (the "GLBA") contained in the Fixing


FIO issues voluntary TRIA data call; NAIC to proceed with mandatory separate request
  • Locke Lord LLP
  • USA
  • April 12 2016

As we have previously reported here, one of the requirements under the Terrorism Risk Insurance Program Reauthorization Act of 2015 ("TRIPRA") is