The Missouri Senate recently confirmed Governor Jay Nixon’s selection of John H. Huff to become the next Director of the Missouri Department of Insurance, Financial Institutions and Professional Registration. Huff has sixteen years of insurance experience. For the past few years, he served as a managing director and strategic claims officer and supervised the strategic and emerging claims portfolio at Swiss Re.
Read More John Huff Appointed New Missouri Insurance Director
United States
Florida Introduces Legislation to Exempt Surplus Lines Insurers from Form Filing Requirements
By Troutman Pepper Locke on
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.
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. …
Read More LIVE PLUS UPDATE: Bailouts, Bankruptcy and D&O Underwriting
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. …
Read More LIVE PLUS UPDATE: D&O Claims: What Really Matters?
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. …
Read More LIVE PLUS UPDATE: “An Eventful Year in Securities Litigation”
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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Read More New York Superintendent Eric Dinallo Discusses NAIC’s Variable Annuity Regulations
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. …
Read More InsureReinsure.com to Live Blog from PLUS Annual D&O Symposium in New York
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.).