We use cookies to customise content for your subscription and for analytics.
If you continue to browse Lexology, we will assume that you are happy to receive all our cookies. For further information please read our Cookie Policy.

Search

Refine your search

Content type

Tags

Author

709 results found

Article

Locke Lord LLP | USA | 19 Jul 2010

Class action procedure: the latest developments from ALI-ABA conference on insurance and financial services litigation

This panel offered the insights of a federal district court judge, defense counsel and plaintiffs' counsel regarding Class Action Procedure, focusing on trends regarding the class certification process.

Article

Locke Lord LLP | USA | 19 Jul 2010

Changes in securities & insurance regulation affecting enforcement strategies ALI-ABA conference on insurance & financial services litigation

Speakers at the ALI-ABA's annual conference on insurance and financial services regulation in Chicago offered extensive commentary on changes in enforcement strategies for insurance and securities fraud, in light of recent overhauls to the regulatory scheme.

Article

Locke Lord LLP | USA | 16 Jul 2010

Financial reform package preserves the role of state insurance departments in regulating indexed annuities

In December 2008, the U.S. Securities and Exchange Commission (the “SEC”) adopted Rule 151A (the “Rule”) classifying equity-indexed annuities (“EIAs”) as securities, and subjecting them to federal regulation effective 2011.

Article

Locke Lord LLP | USA | 16 Jul 2010

Minnesota federal court rejects "capacity" limitation as to insured vs. insured exclusion

The U.S. District Court for the District of Minnesota recently dismissed a directors and officers liability coverage suit, rejecting plaintiffs' argument that an underlying suit had to be brought by the insured in his capacity as an insured in order to implicate the policy's insured vs. insured exclusion.

Article

Locke Lord LLP | Hong Kong | 16 Jul 2010

Securities and Futures Commission publishes new handbook

On 25 June 2010, the Securities and Futures Commission of Hong Kong (the SFC) published the new SFC handbook (the Handbook), which came into immediate effect.

Article

Locke Lord LLP | USA | 16 Jul 2010

California bill to amend new life settlement law

California State Senator Ron Calderon introduced Senate Bill 1242 (“SB 1242”) to amend California’s life settlement law which went into effect July 1, 2010.

Article

Locke Lord LLP | United Kingdom | 15 Jul 2010

Financial Services Authority bans three individuals who defrauded insurers through coverholder arrangements

On 8 July, the Financial Services Authority (FSA) banned Timothy Higgins, Clifford Felstead and Ralph Brunswick (who were found guilty in June 2008 of conspiring to defraud Markel, QBE and Amalfi Underwriting) from working in regulated financial services.

Article

Locke Lord LLP | USA | 15 Jul 2010

Madoff fallout extends to insurance coverage

In addition to the panel on class actions (which we blogged about here), we attended an interesting panel this morning about a less publicized outgrowth from the Madoff litigation -- insurance coverage litigation.

Article

Locke Lord LLP | Switzerland, Bermuda | 15 Jul 2010

Solvency II - Bermuda and Switzerland in line for first equivalency assessments

On 14 July 2010, the Committee of European Insurance and Occupational Pensions Supervisors (CEIOPS) published its draft advice on equivalence assessments to be undertaken in relation to three areas of the Solvency II directive, being reinsurance, group supervision and group solvency.