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June 12, 2013 | Insurance Coverage Law Center

NAIC Has Been “Incredibly Active” on Insurers’ Use of Captives, It Tells FC&S Legal

The New York State Department of Financial Services (“DFS”) is not the only entity that has been looking into insurers’ use of captives.…
6 minute read
June 12, 2013 | Insurance Coverage Law Center

American Council of Life Insurers “Supports National Adoption of Proposals to Enhance Disclosure” of Life Insurers’ Reinsurance Transactions

On the heels of the report on “shadow insurance” by the New York Department Of Financial Services (“DFS”), the American Council…
2 minute read
June 12, 2013 | Insurance Coverage Law Center

“Shadow Insurance” – What the NY Regulators are Recommending

At the end of the report by the New York State Department of Financial Services (“DFS”) on what it refers to as “shadow insurance,”…
2 minute read
June 12, 2013 | Insurance Coverage Law Center

Shadow Insurance: The Specifics in the New York Report

After an 11 month investigation by the New York State Department of Financial Services (“DFS”) on “shadow insurance” and insurers’…
7 minute read
June 12, 2013 | Insurance Coverage Law Center

Transparency Surrounding “Shadow Insurance” is Challenged in NY Report

As part of what the New York State Department of Financial Services (“DFS”) has characterized as an 11 month investigation into “shadow…
4 minute read
Law Journal Press | Digital Book Pennsylvania Causes of Action, 12th Edition Authors: GAETAN J. ALFANO, RONALD J. SHAFFER, JOSHUA C. COHAN View this Book

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June 12, 2013 | Insurance Coverage Law Center

The Emperor’s New Economic Loss Rule

Peter C. Vilmos, a partner in the Orlando, Florida, office of Burr & Forman LLP, explains in an article in the June 2013 issue of the Insurance Coverage…
1 minute read
June 12, 2013 | Insurance Coverage Law Center

Court Refuses to Dismiss Claim Seeking Coverage for Alleged Loss of Dozens of Pallets of Chemicals at Warehouse

A federal district court in Louisiana has refused to dismiss a complaint against an insurance company seeking coverage for the alleged loss of several…
3 minute read
June 12, 2013 | Insurance Coverage Law Center

Health Care Provider Stated Claim against Insurer Based on Assignment of Benefits, Appeals Court Finds

A Colorado appeals court has reversed a trial court’s decision dismissing a health care provider’s suit against an insurer seeking payment…
4 minute read
June 12, 2013 | Insurance Coverage Law Center

Odor as Property Damage

Our insured has general liability coverage under form CG 00 01 12 04. He was retained to clean the carpet at the claimant's home. Due to the carpet pad…
2 minute read
June 12, 2013 | Insurance Coverage Law Center

NY Regulators Find $48 Billion in “Shadow Insurance” at NY-Based Insurers and Affiliates

What the New York Department of Financial Services (“DFS”) has characterized as an 11 month long “extensive investigation into shadow…
3 minute read

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