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Results: 11-20 of 2,169

New York Attorney General files response to Article 78 petition to prevent the producer compensation disclosure requirements of Regulation 194; petitioners gear up for rebuttal
  • Locke Lord LLP
  • USA
  • August 13 2010

Earlier this year, the Independent Insurance Agents and Brokers of New York (the "IIABNY") and the Council of Insurance Brokers of Greater New York (the "CIBGNY") filed an Article 78 petition in New York State Supreme Court in Albany County against the New York Insurance Department (the "NYID") in order to prevent the mandatory producer compensation disclosure requirements of Regulation 194


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


2015 NAIC XXXAXXX Reinsurance Supplement Proposal
  • Locke Lord LLP
  • USA
  • March 18 2015

On a March 16 conference call, the NAIC Principle-Based Reserving Implementation (EX) Task Force adopted the 2015 XXXAXXX Reinsurance Supplement


Connecticut Supreme Court determines that the make whole doctrine does not apply to insurance policy deductibles
  • Locke Lord LLP
  • USA
  • August 13 2013

The Connecticut Supreme Court, in a much anticipated subrogation decision, recently held that an insurer has priority over a policyholder in the


U.S. Court of Appeals for the Second Circuit finds that insured cannot assert a direct action against its reinsurer
  • Locke Lord LLP
  • USA
  • February 16 2009

Plaintiff Jurupa Valley Spectrum, LLC (“Jurupa”) is a beneficiary of certain surety bonds issued by Frontier Insurance Company, which were reinsured by National Indemnity Company (“NICO”


Supreme Court of Rhode Island finds that Unfair Claims Settlement Practices Act does not create private cause of action against insurers
  • Locke Lord LLP
  • USA
  • August 7 2012

In a recent decision, the Supreme Court of Rhode Island declared that a claimant lacks the ability to bring an action against an insurer for violation of Rhode Island’s Unfair Claims Settlement Practices Act


Massachusetts allows terrorism risk exclusions in fire insurance policies
  • Locke Lord LLP
  • USA
  • February 4 2011

Massachusetts recently adopted a law, effective April 13, 2011, that permits insurers to exclude coverage in commercial property insurance policies for losses caused directly or indirectly by acts of terrorism


2016 Excess and Surplus Lines Laws in the United States
  • Locke Lord LLP
  • USA
  • March 2 2016

The Nonadmitted and Reinsurance Reform Act (“NRRA”) came into effect on July 21, 2011 as part of the Dodd-Frank Wall Street Reform and Consumer


DRI insurance bad faith & extra contractual liability conference (Boston): Friday morning panel
  • Locke Lord LLP
  • USA
  • June 7 2013

The DRI Bad Faith conference resumed on Friday with a presentation by Anthony Zelle of Zelle, McDonough & Cohen and Anne Kevlin of the Beazley Group


Illinois prohibits TPAs and UR organizations from performing services offshore
  • Locke Lord LLP
  • USA
  • January 23 2013

The Illinois Department of Insurance ("DOI") issued Bulletin 2012-12 ("Bulletin") on December 20, 2012, prohibiting the use of offshore third party