Topic: Antitrust

Insights into antitrust issues with joint underwriting focus of Mealey’s Emerging Insurance Disputes article from Locke Lord

Insurance companies face increased scrutiny from both government antitrust enforcers and the plaintiff antitrust class action bar. With many companies now undertaking a reassessment of their practices for compliance with antitrust laws, antitrust issues are arising with joint underwriting arrangements, such as pools and binding authorities, where a single underwriter prices and accepts risks on common terms for several insurers.

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When Do U.S. Antitrust Laws Apply to Foreign Insurers?

Several recent court decision have expanded the overseas reach of the antitrust laws of the United States. This expansion presents unique problems for global insurance companies. When an insurer operating in a foreign country offers coverage to a U.S, insured, is it necessarily submitting to the complex rules and often harsh remedies of U.S. antitrust laws? 

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