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Bad Faith: District Court Remands Case Involving In-house Adjuster
  • Nexsen Pruet
  • USA
  • July 24 2017

Recently, the United States District Court in South Carolina closed the door on removal of insurance bad faith actions where the in-house

Ceres and a series of serious thoughts about the NAIC climate disclosures - Part II
  • McCarter & English LLP
  • USA
  • September 16 2011

We wrote yesterday to introduce Ceres’ report on the disclosure of climate risks by insurers and considered its first Recommendation to Regulators concerning mandatory and public disclosures.

IRS is aggressively challenging P&C loss reserve deductions: companies should be prepared
  • Foley & Lardner LLP
  • USA
  • March 21 2011

Starting in 2008 and continuing today, the IRS has ramped up challenges to loss reserve deductions taken by property and casualty insurance companies in computing taxable income.

Supreme Court overturns ruling on ‘in house’ exemption
  • Nabarro LLP
  • United Kingdom
  • March 4 2011

On 9 February, the Supreme Court overturned an earlier Court of Appeal ruling on the application of the "in house" exception for the procurement of a contract for insurance services.

The Supreme Court rules that the public procurement regulations do not prevent public authorities from acquiring shared services from an entity which they jointly control
  • Herbert Smith Freehills LLP
  • United Kingdom
  • February 25 2011

In Brent LBC and others v Risk Management Partners Ltd, the Supreme Court ruled that local authorities in London did not infringe public procurement law when they purchased insurance services directly from a company which they jointly owned and controlled.

New ODI deputy director and other recent ODI staffing announcements
  • Bricker & Eckler LLP
  • USA
  • February 21 2011

Cathy Geyer is the newly-appointed Deputy Director of the Ohio Department of Insurance ("ODI").

Court of Appeal VAT and online insurance introductory services
  • Mayer Brown
  • United Kingdom
  • May 24 2010

The Court of Appeal has recently upheld the decision of the High Court in the case of InsuranceWide.com Services Ltd (“InsuranceWide”) v Revenue and Customs Commissioners; Revenue and Customs Commissioners v Trader Media Group Ltd (“Trader Media”).

FSA consults on adviser standards
  • Dentons
  • United Kingdom
  • December 23 2009

FSA is consulting on enhancing the professionalism of investment advisers under the RDR.

Publication of responses to Law Commission's proposals concerning micro-businesses
  • Locke Lord LLP
  • United Kingdom
  • November 10 2009

The Law Commission has now published the responses it has received to Issues Paper 5 "Reforming Insurance Contract Law: Micro-businesses", published in April 2009.

Solvency II briefing - Solvency II and the in-house lawyer
  • Norton Rose Fulbright
  • United Kingdom
  • November 9 2009

This briefing looks at Solvency II from the perspective of in-house lawyers.