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

On 9 May 2011, the British Bankers Association (BBA) announced that it would not be appealing the High Court judgment that decided the Financial Service Authority’s complaints handling rules relating to the mis-selling of payment protection insurance (PPI) were lawful. …
Read More UK: British Bankers Association decides not to appeal Payment Protection Insurance judgment

In 2009, Middlesex Mutual Assurance Company denied coverage under a Business Owners Policy for the collapse of a pier owned by its insured, Puerta de la Esperanza (“Puerta”). …
Read More In Pier Collapse Case, Mass. District Court Finds Breach of Contract, But No Duty to Interpret Policy in Favor of Insured

In Pennsylvania, as in many jurisdictions, a liability insurer’s initial duty to defend is determined solely on the basis of the allegations of the complaint in the underlying action. …
Read More Pennsylvania Federal Court Holds That Liability Insurer Must Defend Claim for Negligent Design Because It Is Unclear Whether the Claim Sounds in Contract or Tort

As previously reported here, employers’ liability insurers have sought to challenge the legality of the Damages (Asbestos-related Conditions) (Scotland) Act 2009 (the Act) which permits those suffering with pleural plaques to claim compensation in Scotland. …
Read More UK: Scottish Inner House Finds Pleural Plaques Act Legal