Nick Pearson, a partner in EAPD’s Insurance and Reinsurance Department, has been appointed by New York Insurance Superintendent James Wrynn to serve on the New York Insurance Exchange Working Group. 

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Read More EAPD Partner Appointed to NY Insurance Exchange Working Group

As the Eyjafjallajökull volcano continues to erupt and the dust cloud over much of Europe continues to hang in the air, approximately 16,000 flights each day are being canceled without any certainty as to when normal flight schedules can resume. 

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Read More Eyjafjallajökull Volcano’s Flight Disruption Leads to Uncovered Losses and New Types of Coverage for Airlines

The New York Insurance Department has proposed a fourteenth amendment to Regulation 64, Unfair Claims Settlement Practices and Claims Cost Control Measures (the “Proposed Amendment”). 

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Read More New York Seeks Comments on Draft Amendment Restricting Release Terms

The ReMedi Spring Conference: Insurance and Reinsurance Mediation in the 21st Century will take place on Wednesday, May 12, 2010 from 1:00 p.m. – 5:15 p.m. at Edwards Angell Palmer & Dodge, LLP, 750 Lexington Avenue, New York, NY. 

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Read More The ReMedi Spring Conference: Insurance and Reinsurance Mediation in the 21st Century

Hedge funds seeking to recover more than $554 million in judgments against Argentina have reportedly withdrawn court appeals to stop assets being taken out of accounts at Citibank, diminishing their chances of ultimate success. …
Read More Hedge Funds Back Down in Argentina Claim After Asset Freeze Fails

The New York Insurance Department has issued a proposed regulation that would prohibit life and health insurers from issuing policies that contain discretionary clauses (the “Proposed Regulation”). …
Read More New York Seeks Comments on Draft Regulation Prohibiting Use of Discretionary Clauses in Life and Health Insurance Policies

After weeks of uncertainty, Congress finally cleared a federal program extension bill last week that will prevent Medicare physician payment cuts. …
Read More Last Week in DC: News From Capitol Hill and the Department of Health and Human Services – April 19, 2010