New York Developments

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The New York State Court of Appeals has ruled that additional insureds are not entitled to coverage under a general liability policy if that policy is rescinded due to the named insured’s material misrepresentations. …
Read More New York Court Holds That Additional Insureds Are Not Entitled To GL Coverage Where The Policy Is Rescinded Due To The Named Insured’s Material Misrepresentations

The U.S. Re Under 40s Group’s next event will take place on May 31 at Edwards Wildman’s New York office.  The event, co-sponsored by Edwards Wildman and WeiserMazars, will include a panel discussion about the current Professional Liability Market. …
Read More REMINDER – THURSDAY EVENING at 6:00 pm in New York – Join the U.S. Re Under 40s Group for its next Educational Event – Developments & Trends in Professional Liability – Cyber, D&O and E&O

The U.S. Re Under 40s Group’s next event will take place on May 31 at Edwards Wildman’s New York office.  The event, sponsored by WeiserMazars, will include a panel discussion about the current Professional Liability Market. …
Read More Join the U.S. Re Under 40s Group on May 31 for its next Educational Event – Developments & Trends in Professional Liability – Cyber, D&O and E&O

The New York Department of Financial Services (the “Department”) has made a major step in making it easier for the public to view property and casualty insurance company rate, rule and form filings through a free online database.  These filings are used by P&C insurers to, among other things, introduce new products, support rate increases, or make changes to coverages on existing products. …
Read More New York P&C Rate, Rule and Form Filings Now Available for On-Line Download

In February 2012, the New York State Department of Financial Services (DFS) announced that it is launching a “wide-ranging probe into the accuracy of the data used by insurers and health maintenance organizations (HMOs) to request health insurance rate increases.” …
Read More N.Y. Regulators Launch Audit of Health Insurance Rates

As previously reported on InsureReinsure, the State of New York merged its the Insurance and Banking Departments into a new, single agency known as the Department of Financial Services (“DFS”), with new and heightened oversight responsibilities over the financial services industry as a whole.  At the helm of the DFS is the Superintendent of Financial Services, Benjamin M. Lawsky. …
Read More New York Completes Merger of its Insurance and Banking Departments

The next U.S. Re Under 40s Group event will take place on January 26 at Three Sheets Saloon at 134 West 3rd Street (between 6th Avenue and MacDougal Street).   The event will start at 5:30 and there will be an open bar between 6:00 and 7:00.   Click here for more information and to RSVP. …
Read More Reminder: Join the U.S. Re Under 40s Group for a Drink on January 26 in New York

The next U.S. Re Under 40s Group event will take place on January 26 at Three Sheets Saloon at 134 West 3rd Street (between 6th Avenue and MacDougal Street).   The event will start at 5:30 and there will be an open bar between 6:00 and 7:00.   Click here for more information and to RSVP. …
Read More Join the U.S. Re Under 40s Group for a Drink on January 26 in New York

Edwards Wildman Palmer LLP will host the Insurance Federation of New York’s 2012 kick-off  “Breakfast with…” program at its New York office on Friday morning, January 20.  The topic  will be the “Impact of Natural Catastrophes in 2011 on Insurers’ Results,” which will be addressed by an expert panel of economists and insurance executives. …
Read More Edwards Wildman to Host IFNY’s 2012 “Breakfast with. . .” Kick-off Program