EU: Revised Draft Block Exemption Regulation (BER) for Insurance Sector
On 5 October the European Commission (the Commission) published its revised draft BER for the insurance sector.
Read MoreTopic: Antitrust
Legislation Introduced to Eliminate Federal Antitrust Exemption for Health Insurance and Medical Malpractice Insurance Companies
Today, Senate Judiciary Committee Chairman Patrick Leahy introduced legislation to eliminate the federal antitrust exemption for health insurance and medical malpractice insurance companies.
Read MoreHalf- day Insurance and Reinsurance Seminars
EAPD is delighted to announce that it will again this year host a half-day insurance seminar which will be repeated in Bermuda, New York and Boston.
Read MoreEdwards Angell Palmer & Dodge Half-day CLE Insurance & Reinsurance Seminars – June 2009
Edwards Angell Palmer & Dodge is delighted to announce that it will again this year host a half-day seminar which will be repeated in Bermuda, New York and Boston.
Read MoreFederal Court Grants Receiver’s Motion to Remand Under the McCarran-Ferguson Act’s Reverse Preemption Doctrine
The United States District Court for the Northern District of Florida granted the receiver for The Aries Insurance Company (“Aries Insurance”) its motion to remand the case. The court remanded the receiver’s action to the state court in accordance with the requirements of the McCarran-Ferguson Act’s reverse preemption doctrine.
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Court Dismisses Third Party Action in Favor of Arbitration
Edwards Angell Palmer & Dodge, LLP recently obtained a decision from the U.S. District Court for the Eastern District of New York granting the motion of its clients, American United Life Insurance Company, Inc. (“AUL”) and R.E. Moulton, Inc. (“REM”), to dismiss a third-party action against them in favor of arbitration.
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Court Approves Marsh’s $69 Million Settlement in Insurance Brokerage Antitrust Class Actions
A federal district court in New Jersey has granted final approval of a $69 million settlement by Marsh & McLennan Cos. Inc. and other Marsh defendants in In re Insurance Brokerage Antitrust Litigation, 2:04-cv-5184 (D.N.J.), and In re Employee Benefit Insurance Brokerage Antitrust Litigation, 2:04-cv-1079 (D.N.J.).
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Intel Commences Action Against Its Insurer for Coverage of Antitrust Litigation Under “Advertising Liability” Provision of Policy
On January 23, 2009, Intel Corp. filed suit against American Guarantee and Liability Insurance Company (“AGLI”), in the United States District Court for the Northern District of California, alleging that AGLI owes a duty to defend Intel in its antitrust litigation with Advanced Micro Devices Inc. (“AMD”).
Read MoreIllinois Federal Court Dismisses Antitrust Suit Brought by Institutional Pharmacy Against Insurer
On January 16, 2009, United States District Judge Rebecca R. Pallmeyer, of the U.S. District Court, Northern District of Illinois, Eastern Division, granted summary judgment in favor of defendants UnitedHealth Group, Inc. and Pacificare Health Systems, Inc. on all claims in the antitrust litigation with institutional pharmacy Omnicare, Inc.
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U.S. Bond Insurer Clears an Antitrust Hurdle in Acquisition of U.S. Bond Insurance Unit of Belgian Lender
Reuters reports that bond insurer Assured Guaranty Ltd.’s proposed acquisition of Belgian lender Dexia’s U.S. bond insurance unit cleared an antitrust hurdle with the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act.
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