News & Analysis as of

Reinsurance Liability Insurance

Hogan Lovells

Italy: IVASS public consultation on the new online comparison system for motor liability insurance

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IVASS has launched a public consultation on a draft regulation laying down provisions on the setting up of an online comparison system for premiums related to the so-called basic contract offered by insurance undertakings...more

Locke Lord LLP

When It Rains Pollution, Grab Your Umbrella

Locke Lord LLP on

Last week, a federal court in New York held that Hawaii’s “all sums” rule and “follow-the-settlement” provisions in reinsurance contracts obligated a reinsurer to reimburse a cedent where the underlying reinsured umbrella...more

Carlton Fields

Court Dismisses Reinsurance Litigation in Favor of Prior Pending Action

Carlton Fields on

The plaintiffs, U.S. Fire Insurance Co. and North River Insurance Co., issued 12 umbrella and excess umbrella liability policies for a combined coverage of $244 million to a manufacturer of respiratory protection equipment...more

Carlton Fields

Court Orders Stay of New Arbitration Over Disputed Reinsurance Billings and Compels Parties to Proceed Before a Predecessor...

Carlton Fields on

The case involved a “second layer special casualty excess agreement of reinsurance” under which reinsurers General Reinsurance Corp. and SCOR Reinsurance Co. agreed to cover a certain amount in excess of Chicago Insurance...more

Zelle  LLP

Climate Change and Insurance: Insurers' Subrogation Claims

Zelle LLP on

This is the fifth of six articles addressing climate change lawsuits in the context of (re)insurance. In previous articles in this series, we have discussed the litigation risks faced by liability insurers as a result of...more

Zelle  LLP

Climate Change and Insurance: Learn From MTBE, Asbestos

Zelle LLP on

This is the fourth of five articles addressing climate change lawsuits in the context of (re)insurance. This article explores the ways in which (re)insurers, in dealing with an emerging body of climate change lawsuits, may...more

Cooley LLP

Blog: Commercial Court Dismisses Appeal By Reinsurers Disputing That Certain Losses Arising From The World Trade Centre Attack In...

Cooley LLP on

In Simmonds v Gammell [2016] EWHC 2515 (Comm) the respondent insurer had participated in various layers of an excess liability insurance programme, insuring the Port of New York (PONY). The appellant reinsurer had...more

Carlton Fields

Court Construes Disputed Insurance Policy Language And Requires Reinsurer To Follow The Settlements

Carlton Fields on

The case involved two facultative reinsurance contracts, each of which covered excess liability for similar umbrella liability insurance policies, and each of which contained a “follow the settlements” provision. After the...more

Cozen O'Connor

New Insurance Law in Chile

Cozen O'Connor on

Chile’s new insurance law came in to force on 1 December 2013. The new rules amend the Chilean Code of Commerce, including rules deriving from the 1865 Civil Code. We have summarised some of the features of the new law....more

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