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K&L Gates LLP | USA | 18 Feb 2021

MetLife Stockholders Demand Futility Claims Dismissed

In the matter of In Re MetLife Inc. Derivative Litigation (Consol. C.A. No. 2019-0452-SG), the Delaware Court of Chancery held that stockholder…

Mills Oakley | Australia | 30 Jun 2019

TPD alert: Newling v Metlife Insurance Limited [2019] NSWCA 149

This was an appeal against a decision of a single judge of the New South Wales Supreme Court to confirm the decision of the TPD insurer to decline a…

Herbert Smith Freehills LLP | Australia | 17 Jan 2019

Fairness (and reasonableness) according to Fairymead

An insurer must act fairly and reasonably in its process of consideration and its decision. The NSW Court of Appeal has upheld a decision by the NSW…

Harper Grey LLP | Canada | 13 Nov 2018

ONCA certifies class action against Sun Life in respect to sale of life insurance policies

Ontario Court of Appeal allows appeal of order dismissing representative plaintiffs’ certification motion in proposed class action lawsuit in respect…

Ulmer & Berne LLP | USA | 5 Nov 2018

Money Talks, And FINRA Is Listening

Last year I wrote about FINRA’s effort to encourage firms to self-report their problems, pausing to wonder at the suggestion attributed to Jessica…

Hogan Lovells | Mexico | 18 Sep 2018

New government to eliminate private medical insurance for public officials

The recently elected government administration has publicly announced that it intends to eliminate the private medical insurance currently granted to…

Milbank LLP | Global, USA | 29 Jun 2017

Financial Market Utilities: the Unintended Consequences of H.R. 10, the Financial CHOICE Act, or It is key to be a QCCP under Basel 3

On June 8, 2017, the House of Representatives passed H.R. 10, the Financial CHOICE Act of 2017 ("H.R. 10"). 1 Subtitle D, entitled "Eliminating…

Barry.Nilsson. Lawyers | Australia | 3 May 2017

Court of Appeal affirms that a “back-to-back” presumption will not trump the intention of the parties.

On 23 June 2003 MetLife and RGA entered into a reinsurance treaty whereby RGA agreed to reinsure the liabilities MetLife had under group life…

Faegre Drinker Biddle & Reath LLP | USA | 16 Mar 2017

Oregon Court of Appeals Enforces Anti-Assignment Language

The Court of Appeals of Oregon has overturned a trial court’s approval of a structured settlement petition over the objections of the annuity issuer…

Dentons | European Union, USA | 22 Nov 2016

President-elect Trump's potential priorities for insurance regulation

Apart from a fundamental disagreement between the parties as to whether the Affordable Care Act ("ACA") should be repealed and replaced, insurance…
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