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Third Circuit Rejects Requests for Reserve and Reinsurance Information and Supplemental Payments During Appraisal Process in...

The United States Court of Appeals for the Third Circuit has upheld the right of insurance carriers to withhold reserve and reinsurance information in first-party bad faith actions. Although an unpublished decision, Mirarchi...more

Anti-Concurrent Causation Clauses Get More Attention

Catastrophe losses rarely involve a situation where the loss is solely caused by an excluded peril. Anti-Concurrent Causation (ACC) clauses were drafted to address the scenario where two perils contribute to the same loss....more

Flood Insurance Statute of Limitations Remains Intact After Proof of Loss Deadline Extensions

Following Superstorm Sandy, the Federal Emergency Management Agency (FEMA) extended the deadline to submit a proof of loss for Sandy-related claims from the 60-day period provided for by the agency’s regulations to 12 months....more

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