Over the past year, federal and state courts across the U.S. have continued to reshape the landscape of professional liability insurance. From high-stakes coverage battles to nuanced interpretations of policy language, 2025 delivered a breadth of notable decisions addressing a wide variety of coverage issues that every insurer, broker, risk manager, and coverage practitioner needs to understand. In this report, we focus on topics we believe will remain important in the professional liability insurance field and hope you find the following selection of cases both informative and helpful.Read More Notable Professional Liability Insurance Decisions of 2025
Reinsurance
Join Us for Our Next InsurTech Legal Academy Webinar: Captive Insurance Companies for InsurTechs
We are pleased to invite you to our next edition of the InsurTech Legal Academy to address the use of captive insurance and reinsurance companies by InsurTechs. We are pleased to have Brady Young, Chief Executive Officer, Strategic Risk Solutions, the world’s largest independent captive manager with offices in multiple countries, joining us on this panel discussion. Captive insurance financing is important yet involves complex issues and careful consideration of those.
We hope you can join us.Read More Join Us for Our Next InsurTech Legal Academy Webinar: Captive Insurance Companies for InsurTechs
Now Available: Surplus Lines Update Portal – Weekly Subscription
We’re pleased to announce the launch of our Weekly Surplus Lines Update Portal, a comprehensive subscription service designed to help surplus lines carriers and brokers stay ahead of regulatory developments across all 50 states and U.S. territories. Navigating the surplus lines marketplace requires constant vigilance, and this portal delivers…
Read More Now Available: Surplus Lines Update Portal – Weekly SubscriptionNinth Circuit Holds that Texts Are “Calls” Under the TCPA But Embedded Videos Are Not Recorded Messages
On January 13, the U.S. Court of Appeals for the Ninth Circuit issued a decision in Howard v. Republican National Committee (RNC) offering two important interpretations of the applicability of the Telephone Consumer Protection Act (TCPA) to certain text message communications:Read More Ninth Circuit Holds that Texts Are “Calls” Under the TCPA But Embedded Videos Are Not Recorded Messages
Texas Will Have a New Insurance Commissioner
Current Texas Insurance Commissioner Cassie Brown announced this week that she will be retiring on February 2. Brown has led the Texas Department of Insurance (TDI) for the past four years, and her tenure with TDI has spanned many more. Before serving as commissioner, Brown was the commissioner of TDI’s…
Read More Texas Will Have a New Insurance CommissionerD&O and Professional Liability 2024 – A Year in Review
The past year once again saw a breadth of court decisions addressing a wide variety of directors and officers and professional liability insurance coverage issues. At various levels, state and federal courts across the country issued notable decisions in this arena. In this report, we focused on topics we believe will continue to be important in the directors and officers and professional liability insurance field. We hope you find the following selection of cases to be informative and helpful.Read More D&O and Professional Liability 2024 – A Year in Review
Join Us for Our Next InsurTech Legal Academy Webinar: A Deep Dive Into Producer, Adjuster and Reinsurance Intermediary Licensing Regimes
Join Locke Lord, InsurTechNY and InsurTech Hartford for their next InsurTech Legal Academy webinar series on common licensing issues that InsurTechs face when starting up or expanding their insurance-related activities. Expectations differ between the various states, as well as the NAIC, regarding what activities do and do not require insurance producer and surplus lines broker licensure (both on an individual and entity level). Moreover, even if an InsurTech is not making a final decision on whether to accept or deny a claim, it may “cross the line” into licensable activity as well. Zach and Moya will also touch on nuances in the reinsurance intermediary space as well, which differ substantially from insurance producer licensing standards in a number of states.
Read More Join Us for Our Next InsurTech Legal Academy Webinar: A Deep Dive Into Producer, Adjuster and Reinsurance Intermediary Licensing Regimes
Senate Banking Committee Chair Urges FIO And the NAIC To Monitor Private Equity and Affiliated Offshore Reinsurance in the Life Insurance Industry
Earlier this month, United States Senator Sherrod Brown (D-OH), Chair of the Banking, Housing, and Urban Affairs Committee, urged the Federal Insurance Office (FIO) and the National Association of Insurance Commissioners (NAIC) to examine the increasing role of private equity and alternative investment classes in the life insurance market as well as offshore reinsurance. …
Read More Senate Banking Committee Chair Urges FIO And the NAIC To Monitor Private Equity and Affiliated Offshore Reinsurance in the Life Insurance Industry
Locke Lord Team Represented Convex in Obtaining Reciprocal Reinsurer Status
A Locke Lord team led by Zachary Lerner (New York) assisted Convex Insurance UK Limited (CIL) and Convex Re Limited (CRL) in obtaining reciprocal reinsurer status, the first alien insurers to receive such designations in the United States.
Read More Locke Lord Team Represented Convex in Obtaining Reciprocal Reinsurer Status
AIRROC Spring Membership Meeting 2021
Partners Brian Casey and Benjamin Sykes will discuss “The Non-InsurTechs – How Technology Focused InsurTechs Are Changing the Face of the Industry Without Selling a Single Policy” at the AIRROC 2021 Virtual Spring Membership Meeting on March 9, 2021.
Read More AIRROC Spring Membership Meeting 2021