Jurisdictions

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In Mujur Bakat Sdn Bhd v Uni. Asia General Insurance Berhad & Ors [2011] EWHC 643 (Comm), the Claimants were the owners of a vessel called the M/V MUJUR 1 (the Vessel) and the Defendants were various underwriters which had underwritten a marine hull and machinery policy in respect of the Vessel (the Policy). The Policy was expressly stated to be governed by English law. …
Read More UK: High Court Rules on Proper Forum for Marine Insurance Claim

In Axa Sun Life Services v Campbell Martin [2011] EWCA Civ 133, the Court of Appeal reviewed standard appointed representative agreements entered into between Axa and several different companies. The appointed representatives claimed Axa had misrepresented the nature of the agreements and given collateral warranties, and both the misrepresentations and the warranties had induced them to enter into the agreements. …
Read More UK: Court of Appeal Reviews Entire Agreement Clauses

The U.S. Re Under 40s Group’s next event – What Aftershocks Will the (Re)Insurance Industry See from the Great East Japan Earthquake and Tsunami? – will take place on May 25 in Swiss Re’s midtown office. …
Read More Don’t Miss the U.S. Re Under 40s Group’s Next Event – What Aftershocks Will the (Re)Insurance Industry See from the Great East Japan Earthquake and Tsunami?

Following on the heels of double digit health insurance rate approvals last year, the Connecticut Legislature is considering S.B. 11, An Act Concerning the Rate Approval Process for Certain Health Insurance Policies, which would expand the current rate approval process administered by the Connecticut Department of Insurance (the “Department”). …
Read More Proposed Connecticut Law Requires Public Hearings for Health and Long-Term Care Rate Increases of 10% or More

According to Reuters, Pace Plc, a global market leader in digital set-top boxes, which is listed on the London Stock Exchange, has warned that its full-year profits are likely to fall short of internal forecasts as a result of disruption to supply chains from the Japanese Earthquake and Tsunami, which, among other things, devastated Japanese seaports in March 2011. …
Read More UK: Leading UK Digital Technology Developer Hit By Disruption To Supply Chains From Japanese Earthquake and Tsunami