HM Treasury has today (26 July 2010) launched its consultation on the implementation of financial regulation reforms, originally announced by the Chancellor on 16 June 2010 (click here to see our original post and here to see our most recent post on the subject). …
Read More UK: HM Treasury Launches Financial Services Reforms Consultation

In response to the Centers for Medicare and Medicaid Services’ (CMS’) proposed hospital inpatient rule for FY 2011, lawmakers urged the agency to reconsider payment reductions in a July 12 letter.  The following week, the agency released its proposed rules for home health and skilled nursing facilities.  In other news, the Department of Health and Human Services (HHS) issued final rules for achieving “meaningful use” of electronic health records. …
Read More Healthcare News from Capitol Hill and the Department of Health and Human Services – July 26, 2010

Vince Vitkowsky of Edwards Angell Palmer & Dodge LLP presented on Thursday concerning Dispute Resolution Clauses in reinsurance contracts, which specifically focused on arbitration clauses. …
Read More Update from RAA Re Contracts Conference – Presentation on Dispute Resolution Clauses

We have been tracking developments at the RAA Re Contracts Conference, which took place this week in New York, as previously reported on www.insurereinsure.com. …
Read More Update from RAA Re Contracts Conference – Presentation on Extra Contractual Obligations and Losses in Excess of Policy Limits

The Obama Administration, through the Office of Management and Budget, has reiterated its position that it is against the expansion of the National Flood Insurance Program (“NFIP”) to include coverage for windstorm damage. …
Read More Obama Administration Reiterates Opposition of NFIP Expansion to include Windstorm Coverage

In Ghadami and Ghadami v Lyon Cole Insurance Group [2010] EWCA Civ 767, the Court of Appeal considered whether the deputy judge at first instance had erred in assessing that the claimant’s liability was limited to paying the excess of the insurance policy. …
Read More UK: Court of Appeal Considers Whether Lack of Client Care Letter Prevents Recovery of Insured Costs

In B v A [2010] EWHC 1626 (Comm), Mr Justice Tomlinson was asked to determine a preliminary issue concerning whether the claimant (B) had a realistic prospect of challenging an arbitration award (the Award) under sections 67 and 68 of the Arbitration Act 1996 (the Act). …
Read More UK: English Commercial Court Considers Challenge to an Arbitration Award

The Court of Appeal has affirmed a High Court decision that prevents solicitors’ insurers from gaining access to privileged documents held by the Law Society after an intervention in the firm. In Quinn Direct Insurance Ltd v Law Society of England & Wales [2010] EWCA Civ 805 the Court unanimously rejected Quinn’s appeal against the decision of Mr Justice Peter Smith (see our previous blog here). …
Read More UK: Court of Appeal Rejects Insurers’ Appeal for Access to Privileged Documents Held by the Law Society

In Persimmon Homes Ltd v Great Lakes Reinsurance (UK) Plc [2010] EWHC 1705 (Comm), the High Court ruled that dishonesty on the part of a claimant which has taken out after the event (ATE) insurance can amount to a material non-disclosure such that the insurer may avoid the policy. …
Read More UK: English High Court Rules on Purported Avoidance of After the Event Insurance