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Connecticut issues bulletins regarding financial reporting requirements for surplus lines insurers and accredited reinsurers

USA - December 21 2016 The Connecticut Insurance Department has issued two bulletins addressing 2016 and 2017 financial reporting requirements for foreign eligible surplus…

Court upholds prior ruling that unfiled rates charged under reinsurance agreement were not void

USA - December 1 2016 On July 21, 2016, we reported on a putative class action filed in a California U.S. district court by Shasta Linen Company against Applied…

Third Circuit reverses order denying arbitration, ruling that state law prohibiting arbitration of insurance matters challenged reinsurance contract as a whole

USA - November 29 2016 Applied Underwriters Captive Risk Assurance Company appealed from the denial of its motion to compel arbitration in a dispute related to a…

Ninth Circuit affirms order compelling arbitration of putative class action, despite litigation forum selection clause in related contract

USA - November 10 2016 Two purported class representatives appealed an order compelling arbitration in their putative class action lawsuit against Amazon Services, LLC. The…

Fifth Circuit remands to determine whether jurisdiction existed for appeal of denial of motion to compel arbitration

USA - November 8 2016 The underlying dispute involved allegations of breach of warranty and deceptive trade practices based on a sale of an allegedly defective car. The…