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On Wednesday, April 29, 2009, the U.S. Reinsurance Under 40s Group will host its first ever event in Philadelphia!  The event will take place between 5:30 p.m. and 7:30 p.m. at the Union League of Philadelphia, which is located at 140 S. Broad Street (between 15th and Samson streets). …
Read More U.S. Reinsurance Under 40s Group to Host Reception in Philadelphia

On Wednesday, May 6, 2009, the U.S. Reinsurance Under 40s Group will host the the Lloyd’s Under 30’s Non-Marine Group at its annual Spring event in New York City.  The Lloyd’s Under 30’s Non-Marine Group was established more than 30 years ago, and is an organization that is open to all those under the age of 30 years who are engaged in the Lloyd’s Non-Marine market. 

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Read More U.S. Reinsurance Under 40s Group to Host Lloyd’s Non-Marine Under 30s Group on May 6th for Spring Event in New York City

For the first time, the ABI has on 21 April published guidance governing the trade credit insurance industry. The guidance, which is not legally binding, is published in the form of a Statement of Principles outlining how trade credit insurers operate and what policyholders can expect. …
Read More UK: The Association of British Insurers (the ABI) Publishes a Statement of Principles on Trade Credit Insurance

Piracy in the Gulf of Aden and off the coast of Somalia has for some time now been the subject of considerable publicity, most recently in the United States with the rescue of an American sailor by the U.S. Navy.  Beyond public interest, however, the increase in piracy activity has had a very real impact on the insurance industry and those international shipping companies that may have previously considered insurance coverage for losses associated with piracy to be nonessential. …
Read More The Impact of Piracy on Marine and Kidnap and Ransom Insurance

By a 6-3 vote, the United States Supreme Court yesterday found that state law claims for failure to include an adequate warning on a pharmaceutical label are not preempted by the federal Food and Drug Administration’s (“FDA”) prior approval of the product’s label. 

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Read More Wyeth v. Levine: U.S. Supreme Court Rejects FDA Labeling Preemption Argument, Likely Increasing Defense Costs for Many Pharmaceutical Product Liability Claims

The Missouri Senate recently confirmed Governor Jay Nixon’s selection of John H. Huff to become the next Director of the Missouri Department of Insurance, Financial Institutions and Professional Registration.  Huff has sixteen years of insurance experience.  For the past few years, he served as a managing director and strategic claims officer and supervised the strategic and emerging claims portfolio at Swiss Re. …
Read More John Huff Appointed New Missouri Insurance Director

The Professional Liability Underwriting Society (PLUS) is hosting its popular D&O Symposium today and tomorrow in New York.  Edwards Angell Palmer & Dodge attorneys will provide live updates throughout the conference here on www.InsureReinsure.com. …
Read More InsureReinsure.com to Live Blog from PLUS Annual D&O Symposium in New York

The Privacy Group at Edwards Angell Palmer & Dodge LLP invites you to a complimentary webinar on the new security and privacy requirements and federal Red Flag duties which are both effective May 1, 2009. 

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Read More FREE WEBINAR TODAY on New Federal Red Flag, Massachusetts and Other State Data Security Rules