Insurance Law

Mayer Brown defends five Lloyd's syndicates from Madoff action

By Legal Week | February 11, 2014

Law firm Mayer Brown has helped defend an action from Swiss financial advisers Genevalor, Benbassat & Cie on behalf of three funds under an insurance policy.

1 minute read

Transfer Window Asia: recent moves including DLA, Clydes and HSF

By Elizabeth Broomhall in Hong Kong | January 7, 2014

DLA Piper has boosted its corporate practice in Bangkok with the hire of O'Melveny & Myers lawyer Tim Tan. Tan, who was previously a counsel with O'Melveny in Singapore in the firm's corporate finance practice, focuses on banking and leverage finance, corporate debt and restructuring and special situations investment transactions.

1 minute read

Bridging the gap - the evolving relationship between insurers and their legal advisers

By Legal Week | November 14, 2013

Is instructing a single law firm for corporate and claims work the way forward? Edward Murray examines the results of our survey on the subject in this week's Legal Week Intelligence Benchmarker special

1 minute read

HWL Ebsworth hires 23-lawyer team from DLA Piper in Sydney

By Elizabeth Broomhall in Hong Kong | November 6, 2013

Australian outfit HWL Ebsworth has expanded its insurance practice in Sydney with the hire of three partners and twenty lawyers from DLA Piper. Jenne Tzavaras, Joanna Apostolopoulos, Ivan Medak and their teams specialise in statutory workers' compensation insurance, and bring the total number of partners at HWL in Sydney to 73.

1 minute read

King & Wood Mallesons senior partner to chair HK insurance group

By Elizabeth Broomhall in Hong Kong | October 25, 2013

King & Wood Mallesons senior partner Ronald Arculli has been appointed as chairman of Pacific Century Group (PCG)'s new insurance business, FWD Group. Arculli, whose practices at the Sino-Australian firm include litigation, finance and real estate, has not been appointed as general counsel at the company, but is expected to assist in the legal side of the business, particularly with compliance and regulatory issues.

1 minute read

US duo's London offices take lead on Goldmans' motor insurer investment

By Pui-Guan Man | October 16, 2013

The London arms of US firms Sullivan & Cromwell and Kaye Scholer have scored the leading roles on Goldman Sachs' acquisition of a 50% stake in British motor insurer Hastings. The deal will see Goldman Sachs' merchant banking division acquire half of the voting share capital in the company for around £150m. The equity investment comes alongside a bond issue by the insurers that will raise around £420m, with the combined deals putting the company's value at around £700m.

1 minute read

RPC boosts Singapore team with hire of Ince Asia insurance chief

By Pui-Guan Man | October 7, 2013

RPC has bulked up its Singapore practice with the hire of Ince & Co head of Asia insurance and reinsurance Iain Anderson. Anderson joined Ince as a trainee in 1998 and was made up as partner in 2007 before relocating to Singapore three years later to launch the firm's Singapore insurance offering. He is set to start his role at RPC at the start of November.

1 minute read

AIG appoints 25 firms following EMEA legal panel review

By Alex Newman | September 26, 2013

Linklaters, Mayer Brown and Travers Smith are among a clutch of 25 firms to have won places on AIG's legal panel, as the insurance group announces the creation of a new centre to manage its EMEA legal advisers. Freshfields Bruckhaus Deringer and US headquartered firms Morrison & Foerster and Chadbourne & Parke have also taken places on the panel , which covers its claims and corporate legal panels for the UK and its nine largest European operations.

1 minute read

AIG to launch Asia-Pacific adviser review as regulatory demands grow

By Elizabeth Broomhall in Hong Kong | September 5, 2013

AIG is set to kick off a review of its external legal advisers across the Asia-Pacific region, as the insurance giant sizes up a potential merger of its corporate and claims panels. The US-based company currently has a corporate panel including five to 10 law firms across several Asian countries, alongside a separate claims panel subdivided by jurisdiction and area of expertise. The corporate panel covers 13 countries where AIG has operations in Asia – Hong Kong, China, Taiwan, Japan, Korea, Singapore, Indonesia, Malaysia, the Philippines, Vietnam, Thailand, Australia and New Zealand. AIG expects to finalise the process before the end of the year.

1 minute read

Cleary and A&O take lead roles as ING sells Korea life insurance arm

By Elizabeth Broomhall in Hong Kong | September 5, 2013

Cleary Gottlieb Steen & Hamilton and Allen & Overy (A&O) have advised on the KRW1.84trn (£1.7bn) sale of ING's South Korean life insurance business to private equity firm MBK Partners. ING Life Korea is the largest foreign life insurer in the country, while MBK is Korea's biggest private equity group, with the deal among the country's largest-ever insurance transactions.

1 minute read

Texas Lawyer

United P&C Plans to Withdraw from Four States, Including Texas

By Steve Hallo | August 26, 2022

The company received notice from Demotech of its intention to withdraw the insurer's financial stability rating.

3 minute read

Law.com

Buckley Law Firm Ordered to Disclose Emails With Outside Counsel at Latham About Misconduct Probe

By Mason Lawlor | August 24, 2022

"In today's business world, investigations of alleged violations of company policy, including policies prohibiting sexual harassment or discrimination, are ordinary business activities and, accordingly, the communications made in such investigations are not necessarily 'made in the course of giving or seeking legal advice for a proper purpose,"' the North Carolina Supreme Court wrote.

3 minute read

Law.com

Unanimous State Supreme Court: Nonretroactive Claims-Made Insurance Policies Are Unenforceable

By Marianna Wharry | August 22, 2022

Addressing an issue of first impression posed in a certified question from the U.S. District Court for the Western District of Washington, the Washington State Supreme Court has ruled that a contractor's commercial general liability insurance policy was unenforceable because it failed to provide prospective or retroactive coverage.

4 minute read

The Legal Intelligencer

Hartford Insurance Carrier Hit With ERISA Lawsuit

By ALM Staff | August 19, 2022

This suit was surfaced by Law.com Radar. Read the complaint here.

1 minute read

Connecticut Law Tribune

Only Cigna and ConnectiCare Invited as Connecticut Lawmakers Weigh Insurance Rate Hikes

By Emily Cousins | August 16, 2022

"Our priority, our duty should be to Connecticut families and residents and small businesses, to protect them to make sure they don't have to pay more for health insurance and health care than they have to," Attorney General William Tong said. "And to ask, and to even require, the health insurance companies here today to do all they can to really serve their customers and not just extract as much as they can."

3 minute read

Connecticut Law Tribune

Insurance Rate Hearing to Take Place Monday Despite AG Tong's Opposition

By Emily Cousins | August 12, 2022

"Number one: We don't want rates that are based on incorrect information," Tong said. "Number two: We don't want rates that are based on revised information when we're not really sure that they had time and really put their full effort into an appropriate revision of those rates."

3 minute read

Daily Business Review

'It's Never Too Early' to Start Building Your Brand: Andrea DeField Shares Her Path to Partnership at Hunton Andrews Kurth

By Tasha Norman | August 12, 2022

Attorneys should constantly be reevaluating – what are they doing that month to professionally develop

8 minute read

Law.com

How I Made Partner: 'Every Day Is an Opportunity to Build Your Brand,' Says Andrea DeField of Hunton Andrews Kurth

By Tasha Norman | August 12, 2022

Attorneys should constantly be reevaluating – what are they doing that month to professionally develop

8 minute read

New Jersey Law Journal

Policy's 'Excluded County' Clause Upheld in Coverage Dispute Over Injured Home Depot Worker

By Colleen Murphy | August 11, 2022

"We believe that the Appellate Division's analysis relied on too narrow a reading of the exclusionary provision of the policy at issue," stated Judge Jose L. Fuentes, temporarily assigned to the Supreme Court.

5 minute read

The Recorder

Eversheds Bolsters New SF Office With McDermott Insurance Partner

By Jacob Polacheck | August 9, 2022

Dan Brown said he expects others from McDermott to join him and expects all of his clients to make the switch.

2 minute read