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Nelson Brown Hamilton & Krekstein LLC | USA | 5 Sep 2014
Florida: coverage determination, not breach of contract, permits bad faith litigation
The risk of bad faith litigation continues to increase for insurance companies following a Florida court's determination that an insurer's confirmed…
Nelson Brown Hamilton & Krekstein LLC | USA | 5 Sep 2014
FIO focus, Issue No. 60
On September 4, 2014, the Financial Stability Oversight Council (FSOC) issued a “proposed determination” that Metropolitan Life Insurance Company…
Nelson Brown Hamilton & Krekstein LLC | European Union, USA | 8 Aug 2014
FIO focus, Issue No. 59
On August 7, 2014, the Federal Advisory Committee on Insurance (FACI), an advisory body to the Federal Insurance Office (FIO), met in Washington, DC…
Nelson Brown Hamilton & Krekstein LLC | USA | 28 Jul 2014
South Carolina decision on allocation of defense costs creates a trap for the responsive insurer
A recent decision by the U.S. District Court in South Carolina confirms the state's position as an outlier when it comes to whether an insurer that…
Nelson Brown Hamilton & Krekstein LLC | USA | 22 Jul 2014
Up to speed - summer 2014
In June, leaders of the Automotive Service Association (ASA) met with key members of Congress and their staff to discuss the negative effects of most…
Nelson Brown Hamilton & Krekstein LLC | USA | 17 Jul 2014
FIO focus, issue No. 58
On July 17, 2014 the Senate passed legislation reauthorizing the Terrorism Risk Insurance Act (TRIA) for seven years. Included in the TRIA…
Nelson Brown Hamilton & Krekstein LLC | USA | 15 Jul 2014
Manufacturers should look to the bulk supplier doctrine
Despite the absence of appellate case law challenging the successful use of the bulk supplier doctrine ("BSD"), product liability defendants should…
Nelson Brown Hamilton & Krekstein LLC | USA | 11 Jul 2014
FIO focus, issue No. 57
On July 9, 2014, the International Association of Insurance Supervisors (IAIS) issued a public consultation document on Basic Capital Requirements…
Nelson Brown Hamilton & Krekstein LLC | USA | 7 Jul 2014
On the road with autonomous vehicles and the insurance industry, issue No. 2
While autonomous vehicles (AVs) are not yet a regular fixture on the nation’s roadways, policymakers, legislators and regulators have started to…
Nelson Brown Hamilton & Krekstein LLC | USA | 21 Jun 2014
Recent cases of note
In the latest in a series of decisions from courts in the Third Circuit regarding ascertainability of a putative class, the District of New Jersey…
