Insurance & Reinsurance - Locke Lord LLP

InsurTech Weekly Roundup – April 19, 2019

by Alexandra Cavaliere | Apr 19, 2019 | InsurTech | European Union, United Kingdom, United States

While you were off changing the industry, you may have missed these important developments.

InsurTech Weekly Roundup – April 12, 2019

by Aaron Igdalsky | Apr 12, 2019 | Connecticut Developments, InsurTech, State Legislative Developments | European Union, United States

While you were off changing the industry, you may have missed ‎‎these important developments

LL Surplus Lines Series (Entry 6): Texas Legislature Considers Bills Clarifying Availability of Wind/Hail Cover from Surplus Lines Carriers

by Aaron Igdalsky | Apr 12, 2019 | Excess and Surplus Lines, Texas Developments | United States

Texas’ legislature is considering bills that would amend Texas’ insurance code to clarify that eligible surplus lines insurers may offer windstorm and hail insurance in areas already served by the Texas Windstorm Insurance Association (“TWIA”).

Insurance Industry Primer for InsurTechs

by Benjamin Sykes | Apr 10, 2019 | InsurTech | United States

Chicago Partner Ben Sykes has authored an Insurance Industry Primer for InsurTechs. Click here to download a copy.

LL Surplus Lines Series (Entry 5): 2019 WSIA Spring Surplus Lines Law Group Meeting Recap and Summary of Trends

by Zachary Lerner | Apr 8, 2019 | California Developments, Excess and Surplus Lines, Florida Developments, New York Developments, State Legislative Developments | Bermuda, European Union, United Kingdom, United States

The Surplus Lines Law Group held its spring meeting on Friday, April 5 in Biloxi, Mississippi. A number of presentations were given at the meeting, including updates on the trends around the nation with respect to the diligence search requirement, international tax and cybersecurity issues, as well as a presentation by this author as to the challenges surrounding placing group insurance coverage on a surplus lines basis (including unique hurdles applicable to risk purchasing groups).

Locke Lord at OnRamp Insurance Conference April 11

Apr 4, 2019 | InsurTech | United States

Locke Lord is a proud sponsor and Kathleen Swan and Ben Sykes will attend the OnRamp Insurance Conference on April 11 at the Target Center in Minneapolis-St. Paul. OnRamp is one of the leading conferences for insurance innovation. If you are planning to attend, please stop by Kiosk #21 or contact one of our attendees to set up a meeting. For more information, click here.

It’s Not Too Late to Register – Locke Lord Invites You to a Cocktail Reception During the NAIC National Spring Meeting – April 7

Apr 4, 2019 | Regulatory

Locke Lord’s Regulatory & Transactional Insurance Practice Group Invites You to a Cocktail & Hors d’oeuvre Reception During the NAIC National Spring Meeting in Orlando, FL

Although They Did Not Enter a Reinsurance Lottery, They Won The Jackpot

by Jonathan Bank, Matthew Murphy | Apr 1, 2019 | California Developments | United States

A California Court of Appeal recently affirmed a trial court’s denial of an insurer’s motion to ‎compel arbitration, finding that the trial court had the authority to decide the issue of the ‎enforceability of an arbitration agreement, and that the arbitration agreement at issue, which had ‎not been filed with the California Insurance Commission, was void.‎

8 Things to Consider When Buying or Selling an Insurance Agency

by Zachary Lerner | Apr 1, 2019 | InsurTech | United States

New York Partner Zachary Lerner authored an Insurance Journal article on unique challenges to consider when buying or selling an insurance agency.