The Fifth Circuit Court of Appeals recently held that a CGL policy did not cover a lawsuit by one employer against another employer for misrepresentations in a letter of recommendation, even though these misrepresentations ultimately led to bodily injury.  Preau v. St. Paul Fire & Marine Ins. Co., No. 10–30816 (5th Cir. June 23, 2011). …
Read More 5th Circuit: No Coverage For Concealing Employee’s Drug Abuse In Letter of Recommendation

Greg Hoffnagle and Rob DiUbaldo of Edwards Angell Palmer & Dodge’s New York office will be presenting “Hydrofracking Risks & Opportunities: What Underwriters Need to Know” at 11:15 a.m. on July 20, 2011: …
Read More Reinsurance Association of America’s Re Underwriting Conference – July 20, 2011 (New York)

In the recent judgment of Maritsave Ltd v National Farmers’ Union Mutual Insurance Society Ltd (2011) EWHC 1660 (QB), the High Court found in favour of Maritsave in respect of a claim for fire damage losses under a property insurance policy and rejected the Defendant insurer’s contention that Maritsave had not complied with certain unoccupied property warranties. …
Read More UK: High Court Rules on Whether Unoccupied Property Warranties Breached

CMS RELEASES OUTPATIENT HOSPITAL PAYMENT PROPOSED RULE
The Centers for Medicare and Medicaid Services (CMS) recently released its hospital outpatient prospective payment system (OPPS) proposed rule for 2012, which will impact Medicare reimbursements to more than 4,000 hospital outpatient facilities. …
Read More Healthcare Update: CMS Releases Proposed Rules for Outpatient Hospital Payments and Physician Payments; CMS Proposes Home Health Cuts; Debt Ceiling Agreement Could Include Healthcare Cuts – July 11, 2011

Earlier this month, the Obama Administration released an official statement through the Office of Management and Budget stating that it supports the reauthorization and reform of the National Flood Insurance Program (“NFIP”). …
Read More Obama Administration Releases Statement Supporting NFIP

BP Plc (BP) wants to significantly limit future claims related to its Deepwater Horizon disaster as the region’s economy recovers, the oil company said in a document made public on Friday and reported by Reuters. …
Read More Deepwater Horizon: BP Asserts Gulf Has Recovered, Wants to Cut “Future Loss” Claims

As previously reported, the New York Attorney General Eric Schneiderman began issuing subpoenas in late June to various life insurers concerning their use of the Social Security Death Master File (“DMF”) and compliance with New York’s abandoned property laws. The New York Attorney General has issued at least nine subpoenas as part of an investigation into how the life insurance industry uses the DMF. …
Read More Client Advisory – New York Insurance Department Requires Life Insurers to Use Social Security Death Master File to Identify Deceased Policy Holders

Please join the U.S. Reinsurance Under 40s Group tonight for a happy hour on the rooftop at the Hotel Indigo, which is located at 127 West 28th Street in New York City.  The Group will be welcoming its new Board for the 2011-2012 term and celebrating another great year. …
Read More Re Under 40s Group to Host Rooftop Happy Hour Event Tonight

Thursday, July 28, 2011 at 11 AM – 12 PM (EDT); 4 PM – 5 PM (BST)

This 60-minute webinar will be presented by EAPD Attorneys Darlene Alt, Nathan Hull & James Killelea. …
Read More Complimentary Webinar: Fallout from the Japan Disaster: Causation & Aggregation Issues Under CBI & Reinsurance Policies