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Coverage that focuses on both the legal risks facing insurance companies, as well as how companies are using insurance to hedge risk. We cover health insurance and cyber insurance frequently.
By Simon Petersen | April 6, 2011
Beachcroft has boosted its professional and financial risk practice with the hire of a partner from Eversheds. Paul Davison, who specialises in insurance projects, secured lending, corporate insurance and professional indemnity, joined the firm's Leeds office on 4 April, bringing the number of partners in the office to 24.
1 minute read
By Simon Petersen | March 29, 2011
Clarke Willmott's Southampton insurance team is set to join specialist insurance disputes firm Greenwoods. The team - which is led by partner Rod Evans and includes two associate partners, seven lawyers and a number of support staff - will join Greenwoods on 1 May to form the basis of a new Southampton office.
1 minute read
By Friederike Heine | March 23, 2011
French insurer Axa has finalised its global legal panel after a five-month tender process, with the company appointing at least eight firms to its roster of preferred advisers. Clifford Chance, Hogan Lovells, Clyde & Co and Holman Fenwick Willan have all been reappointed to the panel alongside US firms Edwards Angell Palmer & Dodge, Dewey & LeBoeuf and Mayer Brown. French law firm Gide Loyrette Nouel has also been reappointed.
1 minute read
By Legal Week | March 10, 2011
Normally, a story involving actuarial valuations struggles to inflame passions, let alone one about a European Court of Justice (ECJ) ruling on actuarial valuations. But throw in a bit of well-timed Euro-bashing – the judgment coming in the wake of a controversial ruling on prisoner voting – and a large dollop of self-serving insurance industry lobbying and voila: the outrage flows freely.
1 minute read
By Suzi Ring | March 8, 2011
Clyde & Co has grown its New York arm with the hire of O'Melveny & Myers insurance and reinsurance chair Paul Koepff. Koepff, who is joining the UK firm this month, will take the total number of partners in Clydes' New York insurance and reinsurance practice to six. He specialises in litigating in insurance and reinsurance-related disputes, and will be the ninth partner in Clydes' New York base.
1 minute read
By Suzi Ring | March 7, 2011
Weightmans is set to acquire the insurance division of Vizards Wyeth next month, including the firm's senior partner Mark Newman. The deal, which will take effect on 1 April, will see around 25 lawyers joining Weightmans, including 13 partners. Weightmans will also take over Vizards' Dartford office, while those lawyers operating from Vizards' London base will join Weightmans' existing London base.
1 minute read
By Legal Week | March 2, 2011
The Court of Justice of the European Union (CJEU) has ruled that from December 2012, insurers will be prevented from charging different premiums on the basis of an insured person's gender. A partner at a leading commercial law firm called September's preemptive preliminary opinion "completely bonkers". Can the same be said about the latest decision? Coverage of the decision has already been largely negative. As well as involving Europe's increasingly unpopular and possibly unelected judges, the ruling affects an interest group - insurance companies - with deep pockets and who are capable of sophisticated lobbying. And nobody wants to see their insurance premiums go up, if that is indeed to be the outcome of this ruling, something which is by no means clear. So expect to see plenty of critical articles. The Telegraph website is already sporting an unchallenged article/press release from Esure, including a video interview which begins with an advert for ESure's Sheila's Wheels.
1 minute read
By Suzi Ring | March 1, 2011
Holman Fenwick Willan has moved to expand its insurance and tax practices with the hire of two partners in London and Paris. The firm has hired Jonathan Bruce as a partner in its City insurance and reinsurance practice from London insurance and shipping boutique Elborne Mitchell.
1 minute read
By Suzi Ring | February 23, 2011
CMS Cameron McKenna, Barlow Lyde & Gilbert and Reynolds Porter Chamberlain (RPC) are among 18 firms to have been appointed to Australian insurer QBE's UK claims panel. The insurer has cut the roster down from 24 firms to 18, with 10 firms appointed to a core panel for England and Wales, three firms appointed for Scotland and Ireland and a further five firms selected for specialist advice.
1 minute read
By Friederike Heine | February 15, 2011
Clyde & Co has strengthened its corporate insurance practice in Shanghai with the hire of Insurance Australia group general counsel Michael Cripps. Cripps, who will join Clydes' Shanghai office at the end of February as a partner, has been brought in with a remit to develop and grow Clydes' corporate insurance practice in China. He becomes the third corporate insurance partner in Shanghai and the eighteenth in the practice globally.
1 minute read
By Gerald H. Baker | February 12, 2022
Three cases and a statute: common carriers (standard of care); garage policies (liability coverage); Tort Claims Act (police immunity); disclosure of policy limits.
19 minute read
Delaware Business Court Insider
By Jared Zola | February 10, 2022
Corporations may prefer to pay these costs rather than face a rock-hard D&O insurance market and the seemingly "deny first and ask questions later" attitude of many claims handlers nowadays, or go through the hassle of creating a trust or other alternative arrangement for indemnification.
4 minute read
By ALM Staff | February 9, 2022
This suit was surfaced by Law.com Radar. Read the complaint here.
1 minute read
By Andrea DeField and Adriana Perez | February 9, 2022
Discovery in insurance coverage actions in Florida is often hotly litigated. Despite the prevalence of discovery disputes, case law has often failed to provide much uniform guidance to practitioners around the state.
6 minute read
By Marianna Wharry | February 7, 2022
A structural engineering firm will have to face its insurers' claims that they have no obligation to defend the firm from lawsuits filed due to the collapse of the Champlain Towers South Condominium in Surfside, a federal judge ruled Feb. 3.
5 minute read
By Michael J. Morris | February 4, 2022
The goal of most VBC arrangements is to transfer some financial risk for the cost of health care from the plan sponsor to the health care provider.
9 minute read
By Aaron Weiss | February 4, 2022
A few amendments to the Local Rules of the Southern District of Florida became effective on Dec. 1, 2021. For those keeping track—and that should include anyone who practices in federal court in South Florida—the set of amendments from this past cycle are less extensive than amendments from prior, recent cycles.
3 minute read
By Howard B. Epstein and Theodore A. Keyes | January 27, 2022
The dispute between Bear Stearns and its insurers over coverage for $140 million in disgorgement paid in connection with an SEC settlement has wound its way up and down the New York state courts. In their Corporate Insurance Law column, Howard Epstein and Theodore Keyes discuss 'J.P. Morgan Securities v. Vigilant Insurance Company,' where the Court of Appeals weighed in for the second time and again reversed in favor of Bear Stearns.
8 minute read
By Geoffrey G. Hoover | January 26, 2022
All attorneys engaged in a personal injury practice should read one or the more of the detailed presentations about the MCS-90 endorsement.
4 minute read
By Aleeza Furman | January 26, 2022
Attorneys at the hearing spoke out against a second bill proposing a damages cap in cases against youth social services providers, saying the cap would compromise the rights of abused children.
4 minute read
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