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Results: 1-10 of 1,254

"Reinsurance accepted” clause interpreted to define maximum exposure, including expenses
  • Jorden Burt LLP
  • USA
  • May 5 2010

A court has found that a reinsurer's (Global Reinsurance Corporation of America) maximum exposure under a facultative certificate is $1 million dollars, inclusive of expenses


The Westphal shocker: how did a Florida court decide that a 19-year-old limit on workers’ compensation benefits is unconstitutional? Is substantive due process back?
  • Jorden Burt LLP
  • USA
  • May 4 2013

In Westphal v. City of St. Petersburg, No. 1D12-3563 (Fla. Ct. App. Feb. 28, 2013), a Florida appellate court recently ruled that a 2-year limit on


Reinsurance policy requires excess carrier to pursue subrogation rights against primary carrier
  • Jorden Burt LLP
  • USA
  • March 26 2012

Excess carrier United Heritage Property and Casualty Company asserted claims for breach of duty to defend and breach of duty to indemnify in a subrogation action against primary carrier Farmers Alliance Mutual Insurance Company (“FAMI”


What duty does a primary insurer owe to an excess carrier?
  • Jorden Burt LLP
  • USA
  • February 15 2013

A primary liability carrier usually owes no duty to excess insurers, even though those insurers bear the cost of excess judgments. If the primary


Equitable estoppel cannot compel arbitration against non-signatories where claims were based on statute and not contract
  • Jorden Burt LLP
  • USA
  • March 12 2013

In a putative class anti-trust action brought by retail grocers against wholesale grocers, a divided panel of the Eighth Circuit recently reversed


English court holds insurance “tower” of multiple layers of excess of loss insurance incurred simultaneous liability
  • Jorden Burt LLP
  • USA
  • January 24 2012

An English court held that a professional indemnity insurance “tower” of multiple excess of loss policies incurred liability simultaneously, rather than sequentially as each policy’s limits were exhausted


Bankruptcy court awards pre- and post-judgment interest on reinsurer’s claim for unpaid premium
  • Jorden Burt LLP
  • USA
  • January 31 2011

Granite Reinsurance Company won an award for unpaid premiums from Acceptance Insurance Company (in rehabilitation) in a bankruptcy adversary proceeding


Court affirms denial of “contingent” asbestos claims against liquidation estate of excess insurer
  • Jorden Burt LLP
  • USA
  • February 20 2012

A court affirmed the denial of W.R. Grace & Co.’s asbestos insurance claims against the liquidation estate of Grace’s insolvent excess-of-loss insurer, on the ground that Grace failed to submit timely “absolute” claims under New Jersey’s version of the Uniform Insurers Liquidation Act


Class certification denied in malpractice action against plaintiffs’ class counsel
  • Jorden Burt LLP
  • USA
  • November 2 2012

The District of Arizona recently issued a favorable decision for class action defendants, holding that plaintiffs failed to meet Rule 23(b)(3)’s requirements because the class action implicated the laws of fifty states


Insurer prevails in breach of contract action against reinsurer in dispute regarding asbestos bodily injury claims
  • Jorden Burt LLP
  • USA
  • April 29 2013

ACE Property & Casualty Insurance Company, as successor in interest to Central National Insurance Company of Omaha, sued Global Reinsurance