USA - November 8 2011 Legislation has been introduced in both the House and the Senate that would reportedly increase the tax bills of P&C insurers ceding US risks to offshore affiliates by US$12bn over the next decade.
France - November 8 2011 Following a road traffic accident, the driver of the car was sued before a Criminal Court.
USA - November 8 2011 The Delaware Supreme Court considered the legality of certain Stranger Originated Life Insurance (STOLI) arrangements under Delaware law in two recent cases.
USA - November 8 2011 As reported in our prior bulletins, the funding problems of the National Flood Insurance Program (NFIP) persist despite Hurricane Irene’s impact and the resulting flooding.
USA - November 8 2011 On 26 September 2011, the federal district court for the Northern District of Oklahoma granted a reinsurer’s motion to dismiss a third-party complaint brought by a policyholder against one of its insurers reinsurers.