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Results: 11-20 of 2,253

New York Insurance Department announces cooperation agreement with France
  • Locke Lord LLP
  • France, USA
  • December 4 2008

Tuesday, December 2, 2008, New York State Insurance Department (“NYSID”) Superintendent Eric Dinallo announced that the NYSID entered into a Memorandum of Understanding (“MoU”) with the Autorité de Contrôle des Assurances et des Mutuelles, France's insurance regulator (“ACAM”


Navigating the maze of medical cannabis - uncertainty and the challenge of obtaining banking and insurance services for marijuana-related businesses
  • Locke Lord LLP
  • USA
  • January 13 2015

The current and two immediate past presidents have smoked it. As one leading expert commented during a congressional hearing, perhaps "marijuana is a


Recent developments in coverage for construction defect claims
  • Locke Lord LLP
  • USA
  • January 31 2014

Construction defect litigation continues to escalate in jurisdictions around the country. As a result, coverage for defective work and ensuing


Diminished value insurance claims for real property an impossible measure of damages?
  • Locke Lord LLP
  • USA
  • June 20 2012

The Georgia Supreme Court weighed in on the applicability of its ruling in State Farm Mut. Auto. Ins. Co. v. Mabry, wherein it ruled that diminution of value was a recoverable component of a loss in first party insurance physical damage claims for automobiles, to Royal Capital Development, LLC v. Maryland Cas. Co., a case that is currently pending in the 11th Circuit of Appeals


Federal court finds that fraud claim is not arbitrable
  • Locke Lord LLP
  • USA
  • August 4 2010

In a decision by the United States District Court for the Southern District of New York, AXA Versicherung AG v. New Hampshire Ins. Co., 05 Civ. 10180 (JSR) (S.D.N.Y. 2010), the court held that certain fraud claims were not a matter of contract interpretation and, therefore, not arbitrable under a provision in a facultative reinsurance agreement that provided for arbitration of disputes “arising out of the interpretation of this agreement.”


Treble damages available for seniors and disabled adults beyond CLRA claims but not UCL restitution claims
  • Locke Lord LLP
  • USA
  • August 11 2010

In an August 9, 2010 opinion, the California Supreme Court answered two previously unsettled questions regarding the ability of senior citizens and disabled adults to obtain a trebled award under California Civil Code section 3345


Does the reservation of an insurer’s right to recoup defense costs actually entitle an insurer to recoupment?
  • Locke Lord LLP
  • USA
  • December 15 2008

Under a duty-to-defend policy, insurers are often asked to provide a defense for lawsuits that include both non-covered and covered claims


New legislation expands Texas captive insurance market
  • Locke Lord LLP
  • USA
  • June 17 2015

This month Texas Governor Greg Abbott has signed two pieces of recent legislation into law which expand Texas's growing captive insurance market


New York continues its opposition to "shadow insurance"
  • Locke Lord LLP
  • USA
  • May 4 2015

New York Superintendent of Financial Services Benjamin Lawsky has brought his criticism of so-called "shadow insurance" (through which life insurers


Texas enacts Own Risk Solvency Assessment (ORSA) requirements for Texas insurers
  • Locke Lord LLP
  • USA
  • June 3 2015

On May 19, 2015, Governor Abbott signed into law the Texas version of the NAIC’s Own Risk and Solvency Assessment (ORSA), which became effectively