Insurance

Read Finance & Banking Law updates, alerts, news, and legal analysis from leading lawyers and law firms:

News & Analysis as of May 21, 2013

Missouri Court Rejects Attempt to Plead Conversion into Coverage through Negligence Counts

by Kathryn Metz | Sedgwick LLP on 5/13/2013

In Allen v. Cont’l W. Ins. Co., 2013 WL 1803476 (Mo. Ct. App. April 30, 2013), the Missouri Court of Appeals found that a Commercial General Liability (“CGL”) insurer had no duty to defend its insureds, a title loan company...more

Overlapping Auto Coverage In The New Age

by Field Law on 5/14/2012

The Alberta government, in its wisdom (or lack thereof) has recently changed the rules for situations of overlapping auto coverage. In this paper, I will summarize the changes with a particular focus on non-owned auto...more

Budget bills, Evidence of Insurance, Tresspassing

by Davis Brown Law Firm on 3/12/2012

The budget discussion has started to heat up over the last couple of weeks. Statewide estimates made by the Revenue Estimating Conference (REC) set the tone for the session’s budget discussions, because all budget bills must...more

Texas Insurance Law Newsbrief

by Martin, Disiere, Jefferson & Wisdom, LLP on 8/15/2011

IN THIS ISSUE: Paid v. Incurred Medical Expenses; Coverage for Settlement of FTC Class Action; Insurable Interest; Twombly & Igbal; Premium Payment as Condition Precedent to Coverage; Duty to Defend; Policy Issuance;...more

Preparing for the New Wave of FDIC Suits Against Bank Directors and Officers

by Lane Powell PC - Finance Law on 7/1/2011

Directors and officers are the most likely FDIC targets for recovery claims since, in many cases, they are covered by “D&O” insurance. Typically, the FDIC asserts claims for gross negligence, negligence and breach of...more

PRESUMPTION OF INNOCENCE AND SETTING OF BOND

by Douglas Beam on 10/20/2010

The presumption of innocence in a criminal law case means just that: you are presumed innocent unless proven guilty. This is true regardless of whatever crime is alleged, e.g., child sexual abuse, murder, sexual battery,...more

District Court Rules on Stranger-Initiated Annuity Transactions

by Sutherland Asbill & Brennan LLP on 6/4/2010

On June 2, 2010, the U.S. District Court in Rhode Island ruled on motions to dismiss in a series of cases brought by insurers arising out of stranger-initiated annuity transactions. See Western Reserve Life Assurance Co. of...more

A Primer on Structured Settlements for Plaintiffs

by Amicus Capital Sevices LLC on 1/28/2009

A Primer on Structured Settlements for Plaintiffs who settle personal injury claims. A structured settlement pays you periodic payments over time instead of a single lump sum. Periodic payments can be structured in a number...more