The D.C. Circuit recently affirmed a judgment in favor of reinsurers in a suit brought by an insured after concluding that the insured could not assert breach of contract and related claims against the reinsurers because the...more
The U.S. District Court for the Southern District of Texas recently compelled arbitration against insurers but not brokers related to a commercial insurance dispute....more
6/19/2020
/ Arbitration ,
Arbitration Agreements ,
Commercial Insurance Policies ,
Convention on the Recognition and Enforcement of Foreign Arbitral Awards ,
Denial of Insurance Coverage ,
Hurricane Harvey ,
Insurance Brokers ,
Insurance Litigation ,
Lloyds of London ,
Mandatory Arbitration Clauses ,
Motion to Compel ,
Non-Signatories ,
Policy Terms ,
Property Damage ,
Unconscionable Contracts
The U.S. District Court for the Southern District of Texas recently compelled arbitration despite an insured’s claim that the operative arbitration clause was unconscionable because it required the arbitration panel to...more
The Court of Appeals of Nebraska has affirmed the dismissal of a claim under a reinsurance participation agreement based on lack of personal jurisdiction....more
2/24/2020
/ Appeals ,
Breach of Contract ,
Choice-of-Law ,
Forum Selection ,
Insurance Litigation ,
Motion to Dismiss ,
Participation Agreements ,
Personal Jurisdiction ,
Policy Terms ,
Reinsurance ,
Reinsurance Agreements
A year ago, we wrote about a rapidly emerging area of insurance litigation in Connecticut: crumbling foundations. As a quick recap, tens of thousands of homes in northeastern Connecticut built over a span of more than 30...more
12/9/2019
/ Construction Defects ,
CT Supreme Court ,
Denial of Insurance Coverage ,
Homeowners ,
Insurance Claims ,
Insurance Litigation ,
Policy Exclusions ,
Policy Terms ,
Property Damage ,
Property Insurance ,
Real Estate Market
In July 2018, we wrote about an interesting decision out of the Southern District of New York in which a court rejected a claim that an exclusion did not apply because a recycling bin on wheels was a “vehicle” under the...more
If you’re a football fan, you probably know that the NFL, despite its continued success, has had to address a range of problems and scandals over the past few years. ...more
A federal judge in Connecticut recently dismissed claims against insurers related to their denial of a claim by two homeowners whose home’s foundation was crumbling. The case, Hyde v. Allstate Ins. Co., No. 3:18-cv-00031 (D....more
New York Pushes Mutual Fund Active Share Disclosure -
New York’s Attorney General issued a report on its recent investigation of fees charged by actively managed equity mutual funds and a metric known as “Active Share.”...more
7/23/2018
/ Administrative Law Judge (ALJ) ,
Administrative Proceedings ,
Annuities ,
Broker-Dealer ,
Churning ,
Class Action ,
COI Rates ,
Constitutional Challenges ,
Data Security ,
Filing Requirements ,
Financial Industry Regulatory Authority (FINRA) ,
Financial Services Industry ,
Insurance Investment Products ,
Investment Companies ,
Life Insurance ,
Lucia v SEC ,
MassMutual ,
Mutual Funds ,
NAIC ,
Policy Terms ,
Preemption ,
Regulatory Oversight ,
Regulatory Requirements ,
Securities and Exchange Commission (SEC) ,
SLUSA ,
Unclaimed Property