Follow-the-Settlements Law

News & Analysis as of

Reinsurance Newsletter - December 2013

Recent Case Summaries - Michigan Federal Court Enjoins Arbitration Proceeding Because of Possible Misconduct - Star Ins. Co. v. Nat’l Union Fire Ins. Co., No. 13-13807, 2013 U.S. Dist. LEXIS 130379 (E.D. Mich....more

Reinsurance Newsletter - December 2013: English High Court Rules on the Application of Follow-the-Settlements Clauses

Tokio Marine Europe Ins. Ltd v Novae Corporate Underwriting Ltd [2013] EWHC 3362 (Comm). The High Court of England and Wales (Commercial Division) recently issued an opinion explaining the application of a...more

Reinsurance Alert: Commercial Court clarifies the position on follow settlement clauses for retrocessionaires

On 6 November 2013, the Commercial Court handed down its judgment in Tokio Marine Europe Insurance Ltd v Novae Corporate Underwriting Ltd [2013] EWHC 3362 (Comm). Mr Justice Hamblen held that the defendant retrocessionaire...more

Patton Boggs Reinsurance Newsletter - June 2013: Connecticut Federal Court Uses Drama to Illuminate a Follow-the-Settlements...

The Travelers Indemn. Co. v. Excalibur Reinsurance Corp., No. 3:-CV-1209 (CHS), 2013 U.S. Dist. LEXIS 50134 (D. Conn. Apr. 8, 2013). We all know that reinsurance may not be the most exciting subject to read about. ...more

Patton Boggs Reinsurance Newsletter - March 2013: A Brief Review of Reinsurance Trends in 2012: Follow-The-Fortunes and...

In 2012, courts continued to recognize the viability of follow-the-fortunes and follow-the-settlements clauses. In United States Fid. & Guar. Co. v. Am. Re-Ins. Co., 939 N.Y.S.2d 307 (1st Dep't 2012), aff'd as modified, 2013...more

Patton Boggs Reinsurance Newsletter- March 2013: New York Court of Appeals Reverses Summary Judgment on Follow-the-Settlements...

In a closely watched asbestos settlement allocation case, the New York Court of Appeals has modified the order of the intermediate appellate court to deny summary judgment to the cedent based on two issues of fact raised to...more

REINSURANCE CLIENT ALERT: New York Court of Appeals Reverses Summary Judgment on Follow-The-Settlements Case

U.S. Fid. & Guar. Co. v. Am. Re-Ins. Co., No. 1 (N.Y. Ct of App. Feb. 7, 2013) - In a closely watched asbestos settlement allocation case, the New York Court of Appeals has modified the order of an intermediate...more

Patton Boggs Reinsurance Newsletter - December 2012: Illinois Federal Court Grants Summary Judgment to Cedent Under...

Arrowood Indemn. Co. v. Assurecare Corp., No. 11 CV 5206, 2012 WL 4340699 (N.D. Ill. Sept. 19, 2012). An Illinois federal court granted summary judgment to a cedent against its reinsurer in a dispute over settlement of...more

8 Results
|
View per page
Page: of 1