The Consumer Financial Protection Bureau has entered into consent orders with four mortgage insurance companies involving captive reinsurance of mortgage insurance issued to mortgage lenders. Those consent orders impose fines...more
4/16/2013 - Captive Insurance Company CFPB Insurance Companies Investigations Lenders Mortgages Reinsurance RESPA
In January, we reported on developments in Wiseman Oil Co. v. TIG Insurance, a case pending in the United States District Court for the Western District of Pennsylvania involving interpretation of the "pollution exclusions"...more
4/2/2013 - CERCLA Contamination Duty to Defend Insurers Pollution Exclusion
On March 1, 2013, a three-judge panel of the United States Court of Appeals for the Fifth Circuit, in In re Deepwater Horizon, No. 12-30230, 2013 WL 776354 (5th Cir. March 1, 2013), held that BP PLC ("BP") can access...more
3/27/2013 - Additional Insured BP Deepwater Horizon Gulf Oil Spill Liability Insurance Transocean
Policyholders with pollution-related liabilities in Pennsylvania scored another win in January, in the ongoing litigation battle with insurance companies that argue for the broadest possible interpretation of the "pollution...more
2/6/2013 - CERCLA Contaminated Properties Discharge of Pollutants Duty to Defend Pollution Exclusion Waste Treatment Facilities
JD Supra gets your content noticed, increases your visibility and makes your marketing efforts hassle free...
Learn More or Schedule a demo