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Cooley LLP
The World Health Organization classified the coronavirus (COVID-19) as a pandemic on 11 March 2020 and, since that time, the pandemic has caused unprecedented socio-economic disruption across the globe ...
Seyfarth Shaw LLP
Due to the ongoing COVID-19 pandemic declared by the World Health Organization ("WHO"), and more than 4,088,848 confirmed positive cases worldwide, preliminary US Government estimates...
Wilson Elser Moskowitz Edelman & Dicker LLP
As the insurance industry faces the repercussions of the coronavirus pandemic, members of the House Financial Services Committee have proposed a draft bill.
Duane Morris LLP
As if COVID-19's initial challenges related to claims, renewals, and exclusions, all while operating in a remote environment, were not enough.
Squire Patton Boggs LLP
Most reinsurance contracts have binding arbitration provisions. The Federal Arbitration Act (FAA) sets out a national policy in favor of arbitration.
Squire Patton Boggs LLP
What happens when, after a reinsurance arbitration over how the ceding company billed the reinsurer is resolved in the reinsurer's favor with a final award confirmed by the court...
Squire Patton Boggs LLP
This week, the latest shoe dropped on the Bellefonte saga in New York federal court. Following the New York Court of Appeals' decision in Global Reinsurance Corp. of America v. Century Indemnity Co.
Squire Patton Boggs LLP
In the past 10 years or so, several ceding companies began adding run-off reinsurer clauses to their reinsurance contracts to mitigate disputes that might arise
Squire Patton Boggs LLP
Complex corporate structures and internal reinsurance relationships can complicate legacy reinsurance relationships.
Squire Patton Boggs LLP
Some insurance programs are simple: one primary policy, one excess policy. Easy. Some insurance programs are complex and contain many layers and coverages.
Squire Patton Boggs LLP
When a policyholder faces litigation from its insurance company over a claim submitted by the policyholder, ...
Squire Patton Boggs LLP
Life insurance policies issued in the past are often transferred in blocks to reinsurers on a 100% indemnity reinsurance basis.
Mintz
A federal court must of course have subject matter jurisdiction to entertain an application to confirm or enforce an arbitration award.
Squire Patton Boggs LLP
It is pretty well settled under modern arbitration law, including reinsurance arbitrations, that procedural issues like consolidation are questions for the arbitrators and not the courts.
Squire Patton Boggs LLP
The federal policy favoring arbitration sometimes bumps up against state-based receivers where the receiver would rather the receivership ...
Squire Patton Boggs LLP
In a non-reinsurance case, a surety on a performance bond sued the public transportation authorities that contracted with the contractor principal.
Squire Patton Boggs LLP
Reinsurance disputes are rarely tried to a jury. They are typically arbitrated. When they are tried to a jury–just like any jury trial
Squire Patton Boggs LLP
Whether a motion to compel arbitration will be granted depends on, among other things, whether the arbitration provision is broad or narrow and whether the dispute falls within the scope...
Squire Patton Boggs LLP
In a traditional life insurance and reinsurance relationship, a life insurance company issues a policy to a policyholder and reinsures ...
Squire Patton Boggs LLP
In reinsurance arbitrations, once the arbitration panel issues its final award its job is over.
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