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Results: 11-20 of 2,248

Court denies insurer’s motion to bifurcate breach of contract and bad faith claims
  • Locke Lord LLP
  • USA
  • June 6 2013

In Osbourne Renfrow v. Redwood Fire and Casualty Ins. Co., et al., 288 F.R.D. 514 (D. Nev. 2013), the U.S. District Court, District of Nevada


Virginia federal court rules that punitive damages are unavailable in insurance bad faith case
  • Locke Lord LLP
  • USA
  • April 23 2008

A federal district court in Virginia recently ruled that under Virginia law, an insured may not recover punitive damages in connection with a bad faith claim against its insurer


Revised NAIC insurance holding company model act gains traction
  • Locke Lord LLP
  • USA
  • June 6 2012

As part of its solvency modernization initiative, the National Association of Insurance Commissioners (NAIC) adopted broad revisions to its model Insurance Holding Company System Regulatory Act and its Insurance Holding Company System Model Regulation (collectively, the Revised Model Law) in December of 2010


NAIC panel approves draft captive accreditation standards
  • Locke Lord LLP
  • USA
  • June 1 2015

The NAIC Financial Regulation Standards and Accreditation Committee recently approved revisions that will impact some captives reinsuring XXXAXXX


Insurance regulatory bellwether: NAIC adopts 12 principles for effective cybersecurity for regulators
  • Locke Lord LLP
  • USA
  • May 11 2015

The National Association of Insurance Commissioners ("NAIC") is all over cybersecurity. On April 16, 2015, as a part of its aggressive work plan to


Massachusetts High Court rules that Federal Arbitration Act applies to contracts involving interstate commerce
  • Locke Lord LLP
  • USA
  • August 19 2013

In a decision that has implications for reinsurance, the Massachusetts Supreme Judicial Court last week decided that the Federal Arbitration Act


The United States Treasury Department names seven additional Ukrainian separatists and Russian nationals to the specially designated national list
  • Locke Lord LLP
  • Russia, Ukraine, USA
  • June 20 2014

Coming on the heels of a recent NATO report that Russia is again massing troops near its border with Ukraine, the Office of Foreign Asset Control


Court enforces life insurance beneficiary change using electronic signature process
  • Locke Lord LLP
  • USA
  • June 20 2012

In an unpublished opinion, Julie Zulkiewski v American General Life Insurance Company v. Ronald S. Zulkiewski and Sharon Zulkiewski, 2012 Mich. App. LEXIS 1086, the Court of Appeals of Michigan recently affirmed a summary judgment for American General Life Insurance Company (“American General”) and in favor of a beneficiary to a life insurance policy designated using an electronic signature process


Connecticut Supreme Court: bodily injuries caused by acts of self-defense are “accidental,” not “expected or intended,” within the meaning of an intentional injury exclusion in a liability insurance policy
  • Locke Lord LLP
  • USA
  • March 19 2009

The Connecticut Supreme Court, deciding an issue of first impression in that state, recently held that coverage for bodily injury to others inflicted during an incident of self-defense by an insured constitutes an "occurrence," and is not excluded by an intentional injury exclusion in a liability policy


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