Companion legislation has been introduced in the Florida House of Representatives and Senate to exempt surplus lines insurers from the provisions of Chapter 627, except when specifically stated otherwise, which contains Florida’s rate and form filing statutes.
United States
LIVE PLUS UPDATE: Bailouts, Bankruptcy and D&O Underwriting
By Troutman Pepper Locke on
Posted in D&O Liability, United States
Following a break for lunch during which keynote speaker Madeleine Albright addressed all of us, the first afternoon session addressed bailouts, bankruptcies and D&O underwriting. …
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LIVE PLUS UPDATE: D&O Claims: What Really Matters?
By Troutman Pepper Locke on
Posted in D&O Liability, United States
The second session of the PLUS D&O Symposium involved a broad discussion of D&O coverage disputes. …
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LIVE PLUS UPDATE: “An Eventful Year in Securities Litigation”
By Troutman Pepper Locke on
Posted in D&O Liability, United States
Following opening remarks, the first panel was introduced to discuss recent trends in securities litigation. The panel included experienced litigators from both plaintiffs and defense firms. …
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New York Superintendent Eric Dinallo Discusses NAIC’s Variable Annuity Regulations
By Troutman Pepper Locke on
In a recent interview, New York State Insurance Department Superintendent and returning chairman of the National Association of Insurance Commissioner’s (“NAIC”) Life Insurance and Annuities Committee Eric R. Dinallo stated that in light of the current economic crisis he will be reevaluating NAIC’s regulations with respect to variable annuities.
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InsureReinsure.com to Live Blog from PLUS Annual D&O Symposium in New York
By Troutman Pepper Locke on
The Professional Liability Underwriting Society (PLUS) is hosting its popular D&O Symposium today and tomorrow in New York. Edwards Angell Palmer & Dodge attorneys will provide live updates throughout the conference here on www.InsureReinsure.com. …
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Second Circuit Affirms Decision Granting Excess Insurer Summary Judgment Due to Insured’s Late Notice
By Troutman Pepper Locke on
Huntington Hospital (“Huntington”) sued defendant New England Insurance Company (“New England”) for breach of contract after New England denied Huntington’s claim for coverage under an excess insurance policy issued by New England.
FREE WEBINAR TODAY on New Federal Red Flag, Massachusetts and Other State Data Security Rules
The Privacy Group at Edwards Angell Palmer & Dodge LLP invites you to a complimentary webinar on the new security and privacy requirements and federal Red Flag duties which are both effective May 1, 2009.
Court Approves Marsh’s $69 Million Settlement in Insurance Brokerage Antitrust Class Actions
By Troutman Pepper Locke on
A federal district court in New Jersey has granted final approval of a $69 million settlement by Marsh & McLennan Cos. Inc. and other Marsh defendants in In re Insurance Brokerage Antitrust Litigation, 2:04-cv-5184 (D.N.J.), and In re Employee Benefit Insurance Brokerage Antitrust Litigation, 2:04-cv-1079 (D.N.J.).
Florida Insurance Commissioner Conditionally Approves State Farm Withdrawal Plan
By Troutman Pepper Locke on
Florida Insurance Commissioner Kevin McCarty (McCarty) issued an Order on February 13, 2009 announcing that he has conditionally approved the withdrawal plan , which State Farm Florida Insurance Company’s (State Farm Florida) submitted on January 27, 2009, as reported here.
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