Mondaq USA: Insurance > Insurance Laws and Products
Dickinson Wright PLLC
In December 2018, the U.S. Court of Appeals for the Sixth Circuit held that Tennessee's cap on punitive damages was unconstitutional. This cap came into effect when Tennessee Governor Bill
Arnold & Porter
In Henry Schein, Inc. v. Archer & White Sales, Inc., No. 17-1212, Justice Kavanaugh delivered his first written opinion for the Supreme Court.
BakerHostetler
Three states recently enacted variations of the NAIC Insurance Data Security Model Law (MDL-668), based on the landmark cybersecurity requirements issued by the NYDFS in March 2017.
Hunton Andrews Kurth LLP
A federal court last month turned away an insurer's legal arguments seeking to avoid financial institution bond coverage for a bank's losses resulting from a borrower's use of forged documents
Foley & Lardner
There are long lists of industries that will be disrupted by Autonomous Vehicles.
Akin Gump Strauss Hauer & Feld LLP
In Deasang Corp. v. NutraSweet Co., the Appellate Division overturned a ruling by a lower court vacating an arbitral award on the ground that the arbitral panel ...
Hunton Andrews Kurth LLP
Policyholders facing any type of products liability scored a win in a recent decision from the District Court for the Northern District of Illinois.
Hunton Andrews Kurth LLP
In 2008, torrential rainstorms battered the Milwaukee area for two days.
Reed Smith
In a recent unanimous decision, the Appellate Division First Department provided clarity on the pleading requirements for policyholders seeking special or consequential damages allowed under the landmark decision of Bi-Economy Market v. Harleysville Insurance Company of New York, 856 N.Y.S.2d 505.
Hunton Andrews Kurth LLP
The country's longest government shutdown in history is over, at least for now, but its impact is still felt by many, including organizations experiencing multimillion dollar losses related to postponing or cancelling events during the shutdown.
Drew Eckl & Farnham, LLP
Let's consider the simplest possible workers' compensation scenario. An employee is injured on the job. There is a clear incident.
Drew Eckl & Farnham, LLP
To insulate carriers from workers' compensation liability, one option commonly utilized is contingent liability insurance.
Hunton Andrews Kurth LLP
Reversing a Texas Court of Appeals decision that allowed Anadarko's Lloyd's of London excess insurers to escape coverage for more than $100 million ...
Akin Gump Strauss Hauer & Feld LLP
On January 18, 2019, New York's Department of Financial Services (DFS) issued Circular Letter No. 1 (2019) ...
Orrick
On January 25, the EIOPA published the results of its peer review that examined how NCAs evaluated the propriety of AMSB members and qualifying shareholders between January 2016 and May 2017.
Mayer Brown
The plaintiffs in Lindenberg sued Jackson National in state court for failure to pay benefits due under a $350,000 life insurance policy.
Squire Patton Boggs LLP
When a policyholder sues its carrier for breach of contract or bad faith, one question that arises is whether the policyholder should have to plead alleged damages with particularity ...
Hunton Andrews Kurth LLP
In a huge win for policyholders, a New York appellate court, in D.K. Property, Inc. v National Union Fire Insurance Company of Pittsburgh, Pa., held that an insured need not provide a detailed factual description...
Hunton Andrews Kurth LLP
The doctrine of functus officio typically sets an arbiter's award in stone: It forbids an arbiter from altering its award after the award has been rendered.
Day Pitney LLP
On January 18, the Centers for Medicare & Medicaid Services (CMS) published a fact sheet announcing a broad array of Medicare Advantage (MA) health plan innovations that will be tested
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Wilson Elser Moskowitz Edelman & Dicker LLP
The autonomous motor vehicle industry is growing exponentially. Various automobile manufacturers, including Audi, Ford, Volkswagen, GM, BMW, Toyota, Tesla, and Nissan, have announced that they plan to sell fully autonomous motor vehicles by 2021.
Butler Snow LLP
Many state legislatures across the country have enacted statutory measures to limit the amount of compensatory and/or punitive damages recoverable ...
Carlton Fields
A California jury recently returned a verdict in favor of MassMutual following a 12-day trial in a state-court class action that claimed the insurer failed to pay dividends owed to policy owners.
Dentons
As any attorney knows, the practice of law can require the consideration of complex issues and the exercise of judgment under difficult circumstances.
Carlton Fields
Once again, the SEC's Office of Compliance Inspections and Examinations (OCIE) has made variable insurance products an exam priority.
Anderson Kill
Opioid producers and distributors have turned to their insurance companies for relief from litigation, triggering a fierce fight.
Lewis Brisbois Bisgaard & Smith LLP
In Lat v. Farmers New World Life Ins. Co. (2018) 28 Cal.App.5th 212, the Second District Court of Appeal reversed the trial court's entry of judgment in favor of Farmers New World Life Insurance Company...
Clyde & Co
In 2018, insurtech has transitioned in the US from the novelty fringes of the insurance industry to take centre stage – that is, insurtech has come to be seen as a broad range of potential insurance
Akin Gump Strauss Hauer & Feld LLP
In Deasang Corp. v. NutraSweet Co., the Appellate Division overturned a ruling by a lower court vacating an arbitral award on the ground that the arbitral panel ...
Foley & Lardner
A recent IRS notice provides a future path for employers to avoid ACA employer mandate penalties by reimbursing employees for a portion of the cost of individual insurance coverage through an employer-sponsored health reimbursement arrangement.
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