Results 1 to 5 of 13

The insured gets the benefit of the doubt

France - November 8 2011 A policyholder requested a disability pension under his/her insurance contract.

Ben Lewis

New York revises collateral requirements for unauthorized reinsurers

USA - April 21 2011 Effective 1 January 2011, the Superintendent of Insurance of the State of New York promulgated a revised regulation that could have significant effect on the amount of collateral unauthorized assuming reinsurers are required to post so that their ceding insurers can take credit for the reinsurance.

Ben Lewis

Delaware Supreme Court tackles STOLI questions

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.

Ben Lewis

Federal district court rules that LPT reinsurance agreement does not permit insured to “cut through” and claim against reinsurer

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.

Ben Lewis

Designation of "systemically risky" financial

USA - November 8 2011 The Financial Stability Oversight Council (FSOC) is reportedly considering reopening the public comment period on its systemic risk proposals.

Ben Lewis