John Ellison

John Ellison

Reed Smith

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Policyholders with Long-Tail Claims Under Liberty Mutual Policies Should Be Prepared for 'Sea Change' in Claims Handling After...

On July 17, 2014, Liberty Mutual Insurance Company announced that it had entered into a multi-billion-dollar “retroactive reinsurance” arrangement with National Indemnity Company (“NICO”), a subsidiary of Berkshire Hathaway,...more

7/21/2014 - Asbestos Berkshire Hathaway Liberty Mutual Insurance Company Long-Tail Claims National Indemnity Company Reinsurance

CFPB Investigates Captive Mortgage Reinsurance

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

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