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Miller Thomson LLP | Canada | 19 Feb 2019
Demetriou v. AIG: The Burden of Proof and the Requirement to Plead Fraud
Mr. Demetriou had a family heirloom Ring appraised. It was worth $550,000. He insured the Ring against theft with AIG Insurance Company of Canada…
Fenchurch Law | European Union, United Kingdom | 3 Jan 2019
The Good, the Bad & the Ugly: 100 cases every policyholder needs to know.
#5 (The Ugly). AIG v Woodman
Ince | Germany, United Kingdom | 15 Mar 2018
D&O coverage dispute: Commercial Court considers issues of German and English law
In Woodford v AIG Europe, the Commercial Court ordered the insurer AIG to indemnify the claimants insured under a D&O policy for legal costs incurred…
Hunton Andrews Kurth LLP | USA | 9 Mar 2018
No Easy Out For AIG in $67 Million Antitrust Coverage Suit
A federal court in New Jersey recently held that the construction of an ambiguous policy term is not a matter suitable for judgment on the pleadings…
Levitan, Sharon & Co | Israel | 19 Dec 2017
Insured's disclosure duty versus insurer's obligation to conduct independent investigations
A recent Tel Aviv Economic District Court case examined the issue of an insured's disclosure duty versus an insurer's obligation to conduct independent investigations. The court determined that an insured has a broad disclosure obligation during the underwriting of a policy, and that an insurance contract is subject to duties of good faith and fairness. Therefore, an insurer is entitled to......
Cozen O'Connor | USA | 7 Dec 2017
Insurers Beware: New York Rules May Apply to Policies Neither Issued nor Delivered in State
New York Insurance Law section 3420, which applies to policies issued on or after January 17, 2009, contains a number of provisions and requirements…
Dechert LLP | USA | 6 Oct 2017
And Then There Was One: US FSOC Rescinds AIG’s SIFI Designation
The Financial Stability Oversight Council (FSOC) on September 29, 2017 issued a determination rescinding its prior designation of American…
Sheppard Mullin Richter & Hampton LLP | USA | 11 Aug 2017
Materiality Part I: Distinguishing Important Representations from the Minor or Insubstantial
In Escobar, the Supreme Court described several factors that a district court should consider in assessing whether a particular contractual…
Penningtons Manches Cooper LLP | United Kingdom | 8 Jun 2017
The elected few: key developments in case law
Whisper it, but - for the first time ever - we have sympathy with our politicians. How to choose which issues to highlight? What some of you find…
Latham & Watkins LLP | European Union | 11 May 2017
Warranty and Indemnity Insurance: Practical Pointers
Warranty and Indemnity (W&I) insurance, which seeks to bridge the gap between a buyer’s wish for deal protection and a seller’s desire for a clean…
