For several years, the editors of insurereinsure.com have used social media tools to share blog posts and other information. Now, Edwards Wildman is following suit. Firm-related content is now available in a number of popular social media formats. 
Read More Edwards Wildman’s Insurance Practice Paves the Way for Firm-Wide Use of Social Media

The Illinois Department of Insurance (“DOI”) issued Bulletin 2012-12 (“Bulletin”) on December 20, 2012, prohibiting the use of offshore third party administrators (“TPAs”) and utilization review organizations (“UR Organizations”) in connection with insurance contracts and healthcare plans covering Illinois residents. 
Read More Illinois Prohibits TPAs and UR Organizations from Performing Services Offshore

Edwards Wildman finished a strong year of recognition in 2012, highlighted by its ranking as the #1 law firm in the US in Reactions’ annual survey of insurance law firms. The firm garnered the top spot on the strength of top rankings in the categories of “Regulation” and “Insolvency,” as well as a third-place ranking in “Litigation.” 
Read More Reactions Award Marks Impressive Year for Edwards Wildman

In view of the increasing popularity of outsourcing customer-related and back-office business activities by financial service institutions to other parties as a means of reducing costs and achieving strategic aims, the Hong Kong Insurance Authority (HKIA) recently issued a Guidance Note on Outsourcing (GN14). 
Read More Hong Kong: Insurance Authority Issued Guidance Note on Outsourcing (GN14)

In a victory for Massachusetts premises owners and their insurers, the Massachusetts Superior Court recently dismissed all claims against a group of twenty-three premises owners whom the Plaintiff alleged were liable (under both strict liability and negligence theories) for the development of the decedent’s asbestos-related mesothelioma. 
Read More Recent Ruling Dismisses Claims Against Massachusetts Premises Owners For Asbestos Liability

The converging events that led to the devastation in Japan will raise a number of issues relating to the aggre­gation of losses under reinsurance contracts. The pre­cise wording of aggregation provisions in these contracts will be crucial in determining the scope of coverage. Unfortunately, much uncertainty remains as to the meaning of many aggregation provisions and ‘hours clauses’ in particular. 
Read More A Reinsurance Perspective: The Aggregation of Losses Following the Tohoku Earthquake and Tsunami