Today, the NCAA reached a preliminary $75 million settlement for the various concussion-based class actions that were consolidated in In Re National Collegiate Athletic Association Student-Athlete Concussion Injury Litigation.
Read More NCAA Reaches Preliminary $75 Million Settlement for Concussion-Based Class Actions
United States
Declaratory Judgment Action Battles Follow Concussion Class Actions
By Troutman Pepper Locke on
Posted in Coverage & Claims, United States
Insurance industry professionals and attorneys are closely following the most recent concussion-based litigations as they proceed through state and federal courts. In the aftermath of such class actions—which have and likely will continue to result in settlements or awards at least in the hundreds of millions of dollars—the focus shifts to the policies of insurers and reinsurers and whether those policies provide coverage for the underlying claims. …
Read More Declaratory Judgment Action Battles Follow Concussion Class Actions
NARAB Included in House TRIA Reauthorization Legislation
This updates our June 20, 2013 posting. …
Read More NARAB Included in House TRIA Reauthorization Legislation
Massachusetts Superior Court Determines That New York Notice Law Does Not Apply Despite New York Choice Of Law Provision In Policy
In Catlin Specialty Ins. Co. v. Am. Superconductor Corp., 12-2314-BLS1 (Mass. Super. Ct. Jan. 29, 2014), Catlin sought a declaration of no coverage based on late notice, among other reasons. …
Read More Massachusetts Superior Court Determines That New York Notice Law Does Not Apply Despite New York Choice Of Law Provision In Policy
Update: CT Captive Insurance Amendments Effective October 1, 2014
An act amending the Connecticut captive statute pursuant to Public Act No. 14-6 (the “Act”), reported here, has been signed by Connecticut Governor Dannel P. Malloy, and will take effect October 1, 2014. …
Read More Update: CT Captive Insurance Amendments Effective October 1, 2014
Massachusetts to Replace Health Exchange Website Provider
By Troutman Pepper Locke on
Massachusetts health officials announced last week that it will replace its health insurance exchange website. According to media reports, the current website has had difficulty implementing the federal health laws (i.e., Obamacare), because it was designed to comply with state health laws (i.e., Romneycare). …
Read More Massachusetts to Replace Health Exchange Website Provider
COMPLIMENTARY SEMINAR – 13th Annual Half-Day Insurance and Reinsurance Seminar
Please join us on June 5, 2014 for our 13th Annual Half-Day Insurance and Reinsurance Complimentary Seminar being held in our New York Office.…
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CT Seeks to Amend Captive Insurance Law in Continued Effort to Attract Captives
By Troutman Pepper Locke on
Public Act No. 14-6 (the “Act”), which would amend Connecticut’s captive law, has passed both the Connecticut State Senate and House of Representatives, and is on its way to Governor Malloy’s desk for signature. …
Read More CT Seeks to Amend Captive Insurance Law in Continued Effort to Attract Captives
Second Circuit Revives LIBOR Suit Against Barclays; Scandal Continues to Haunt Big Banks
By Troutman Pepper Locke on
Earlier this week, the Second Circuit overturned Southern District Judge Shira Schiendlin’s earlier decision granting dismissal of the complaint by class action plaintiffs who had brought federal securities claims against Barclays after the LIBOR scandal broke. …
Read More Second Circuit Revives LIBOR Suit Against Barclays; Scandal Continues to Haunt Big Banks
Webinar: Sports Concussion Litigation- Latest NCAA and High School Research, Developments and Findings
Edwards Wildman’s Robert W. DiUbaldo will participate on a panel hosted by Perrin Webinar entitled: Sports Concussion Litigation- Latest NCAA and High School Research, Developments and Findings …
Read More Webinar: Sports Concussion Litigation- Latest NCAA and High School Research, Developments and Findings