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
We reported on this case in our December 2012 Reinsurance Newsletter. The managing agent moved to have the court reconsider its grant of summary judgment. ...more
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 appellate...more
Munich Reinsurance Am., Inc. v. Am. Nat’l Ins. Co., No. 09:6435, 2012 WL 4475589 (D. N.J. Sept. 28, 2012).
In a complicated retrocessional dispute, the New Jersey federal court granted in part and denied in part the...more
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 a...more
Lincoln Gen. Ins. Co. v. U.S. Auto Ins. Servs., Inc., No. 3:10-CV-2307-B, 2012 WL 3777408 (N.D. Tex. Aug. 30, 2012).
A Texas federal court granted an underwriting agent’s motion for summary judgment in part in a...more
Acumen Re Mgmt. Corp. v. Gen. Sec. Nat’l Ins. Co., No. 09 Civ. 796, 2012 WL 3890128 (S.D.N.Y. Sept. 7, 2012).
A New York federal court was faced with cross-motions for summary judgment on a dispute over commissions...more
JD Supra gets your content noticed, increases your visibility and makes your marketing efforts hassle free...
Learn More or Schedule a demo