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Florida Office of Insurance Regulation Issues Emergency Order Post Hurricane Irma

USA - September 14 2017 On September 4, 2017, Florida’s Governor, Rick Scott, declared a state of emergency in every county in Florida in anticipation of Hurricane Irma...

Emily Mikes, Martha S. Sullivan.


Illinois Appellate Court Addresses Reinsurance Proceeds and the Collateral Source Rule

USA - September 1 2017 The collateral source rule is a rule that allows an injured party to recover undiminished damages from the tortfeasor even if the injured party...

Joe Jones, Kelly Mihocik, Doug Anderson, Larry P. Schiffer, Tania Rice.


New York Federal Court compels arbitration and refuses to consider speculative request relating to identity of alleged real-party-in-interest

USA - September 1 2017 A New York federal court compelled arbitration and stated that it would not rule on a speculative question relating to the real-party-ininterest when it was not clear how the parties were planning to raise that question....

Joe Jones, Kelly Mihocik, Doug Anderson, Larry P. Schiffer, Tania Rice.


Recent Regulatory Developments: US Trade Representative and Treasury Department Announce US Intends to Sign the Covered Agreeme

European Union, USA - September 1 2017 Negotiations between the US and the European Union (EU) for a "Covered Agreement" addressing reinsurance, group supervision and information exchange...

Joe Jones, Kelly Mihocik, Doug Anderson, Larry P. Schiffer, Tania Rice.


New York bankruptcy court orders Bermuda insurer to post US$15 million bond before considering its motion to compel arbitration

USA - September 1 2017 In this adversary proceeding in a non-reinsurance case, a New York bankruptcy court ordered a Bermuda insurer to pay a US$15 million bond as an...

Joe Jones, Kelly Mihocik, Doug Anderson, Larry P. Schiffer, Tania Rice.