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New York State Court denies motion to compel discovery of reinsurance and reserve information
  • Locke Lord LLP
  • USA
  • July 29 2010

In Mt. McKinley Ins. Co. v. Corning Inc., 2010 NY Slip Op 20235 (N.Y. Sup. Ct. June 14, 2010), an insured (“Corning”) moved to compel discovery of reinsurance and reserve information from its insurers, arguing that this information was relevant, material and necessary to its coverage claim


Federal Court Orders Party to Produce Copies of its Reinsurance Agreements Under Fed. R. Civ. P. 26
  • Locke Lord LLP
  • USA
  • July 27 2010

Plaintiff moved to compel production of defendant American Red Cross' reinsurance agreements


Presentation on dispute resolution clauses
  • Locke Lord LLP
  • USA
  • July 23 2010

Vince Vitkowsky of Edwards Angell Palmer & Dodge LLP presented on Thursday concerning Dispute Resolution Clauses in reinsurance contracts, which specifically focused on arbitration clauses


Chinese drywall - second bellwether trial complete
  • Locke Lord LLP
  • USA
  • March 29 2010

As reported here, the first federal trial in the nationwide Chinese drywall controversy began on February 19th, 2010 in New Orleans, La


Last week in DC: the healthcare reform debate April 6, 2010
  • Locke Lord LLP
  • USA
  • April 6 2010

As Members of Congress returned home last week to discuss the new healthcare reform law with their constituents, President Obama put the finishing touches on the process by signing a package of healthcare corrections into law


Lehman defendants' motion to dismiss granted in part and denied in part in In re: Lehman Brothers Mortgage-Backed Securities Litigation
  • Locke Lord LLP
  • USA
  • March 29 2010

On February 17, 2010 Judge Kaplan issued a written opinion granting in part and denying in part the individual Lehman defendants' motion to dismiss in In re: Lehman Brothers Mortgage-Backed Securities Litigation


Last week in DC: the healthcare reform debate November 23, 2009
  • Locke Lord LLP
  • USA
  • November 23 2009

Healthcare reform efforts headed into another weekend showdown, as the Senate kicked-off consideration of its legislation with a key procedural vote on Saturday evening


Senate Banking Committee releases first draft of American Financial Stability Act of 2009; includes Non-admitted and Reinsurance Reform Act and National Insurance Office
  • Locke Lord LLP
  • USA
  • November 11 2009

On Tuesday, November 10, 2009, the Senate Banking Committee, chaired by Senator Christopher Dodd (D-CT), released a first draft for discussion of the American Financial Stability Act of 2009 (the "Act"


Connecticut trial court holds that “general business practice” element of an unfair settlement practice claim requires multiple acts of misconduct against multiple insureds
  • Locke Lord LLP
  • USA
  • February 5 2010

A Connecticut trial court recently held that the “general business practice” element of an unfair settlement practice claim under the Connecticut Unfair Insurance Practices Act, Conn. Gen. Stat. 38a-816(6) (“CUIPA”) requires that a plaintiff prove multiple unfair practices by an insurer against more than one insured


District of Maine certifies question of what constitutes “cognizable injury” from data breach to Supreme Judicial Court of Maine
  • Locke Lord LLP
  • USA
  • November 11 2009

Last month, the United States District Court for the District of Maine certified a question of law to the Supreme Judicial Court of Maine regarding the issue of what constitutes cognizable injury to a consumer in a case stemming from the alleged theft of credit card data, a question of great signficance in the relatively new field of data security law