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Exception does not exclude coverage where payment is made in trust to lawyer
  • Harper Grey LLP
  • Canada
  • June 13 2017

Title insurance policies that exclude coverage where mortgage proceeds are paid to parties other than the registered title holder, cannot exclude

Zheng v. John Galon Insurance Services Ltd
  • Harper Grey LLP
  • Canada
  • August 23 2016

Where an insurance application specifically asks whether an insured property will have renters or tenants, and the insured answers 'no,' an insured

Excess Policies at Issue Deemed Not to Attach Absent Actual Payment of the Amount of Underlying Limits by Either the Insured or its Underlying Insurers
  • K&L Gates
  • USA
  • July 6 2016

Policyholders contemplating insurance coverage settlements with low-level insurers should use caution to preserve their ability to access

China’s new Social Insurance law
  • Squire Patton Boggs
  • China
  • September 13 2011

China has introduced its first comprehensive Social Insurance legislation which will apply to both Chinese nationals and foreign nationals working in China.

DOC finds a reorganization can include a rehabilitation
  • Allen Matkins Leck Gamble Mallory & Natsis LLP
  • USA
  • July 15 2011

Until last year, Ambac Assurance, a Wisconsin domiciled insurer, was one of the largest monoline insurers in the world.

Wisconsin regulator's decision on Ambac illustrates key features of surplus notes as well as challenges faced by policyholders in rehabilitation proceedings
  • Chadbourne & Parke LLP
  • USA
  • June 20 2011

With the news on June 1 that the Wisconsin Insurance Commissioner has blocked a surplus note payment by the segregated account of monoline insurer Ambac, a brief survey of these types of instruments, as well as their particular use as a claims-paying currency in the Ambac rehabilitation, is instructive.

Dodd-Frank to simplify multi-state reinsurance regulation, depriving non-domiciliary states of much of their ability to regulate reinsurance, including in transactional contexts
  • Chadbourne & Parke LLP
  • USA
  • May 20 2011

As the insurance community is well aware, last year's Dodd-Frank Wall Street Reform and Consumer Protection Act goes beyond regulation of banks, derivatives and "too big to fail."

New York’s highest court requires policyholder-specific choice-of-law analysis by insurers in liquidation
  • Morgan Lewis
  • USA
  • April 19 2011

The New York Court of Appeals decision on April 5, in the Midland Insurance Company liquidation (In re Liquidation of Midland Insurance Company1) is an important affirmation of policyholder rights.

Cell companies in Guernsey
  • Bedell Cristin
  • Guernsey
  • July 9 2010

This Briefing provides a summary of the main provisions of Guernsey law relating to protected and incorporated cell companies.

Guernsey insurance overview
  • Bedell Cristin
  • Guernsey
  • June 7 2010

Although Guernsey has a distinctive French-Norman legal heritage, its 20th century corporate and commercial laws have largely been based on equivalent UK legislation.