Reinsurance Newsletter March 2018
USA - March 5 2018 On November 15, 2017, the New York Court of Appeals heard argument in a so-called Bellefonte case, which came to the court about a year ago as a...
Weslynn P. Reed, Kelly Mihocik, Emily Mikes, India K. Scarver, Eridania Perez, Seth Osnowitz.
Direct Claims Against Reinsurer Fail to Succeed
USA - February 12 2018 Direct actions against reinsurers have been on the rise for some time. To bring a direct action, a policyholder must get over the contractual privity...
Errors and Omissions and Directors and Officers Clash Gets Some Clarity From the Second Circuit
USA - January 30 2018 Most companies that provide specialized or professional services, like stock exchanges, carry both directors and officers liability insurance (“D&O”)...
Lack of Inclusion Means Timely Notice of Disclaimer Is Not Required
USA - January 26 2018 Typically, courts are strict when it comes to insurance companies disclaiming coverage. Generally, a disclaimer must be specific and timely for it to...
Why Suing Every Insurance Company in Sight Does Not Always Work
USA - December 27 2017 There is a common misconception that suing everyone in sight is a good idea. Yes, if you don't know exactly what related companies (or individuals)...
