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May 09, 2013 | FC&S Insurance

Appeals Court Upholds Reduction of Insureds’ Jury Award by Amount of PIP Benefits Received from Their Insurer

An appeals court in Massachusetts has affirmed a trial court’s decision that reduced the amounts a jury awarded insureds in their negligence action…
3 minute read
May 09, 2013 | FC&S Insurance

ACE Acquires Personal Lines Insurer ABA Seguros in Mexico

ACE Limited has completed the acquisition of Mexican personal lines insurer ABA Seguros from Ally Financial Inc. for approximately $690 million in cash,…
2 minute read
May 09, 2013 | FC&S Insurance

Title and Escrow Company Settles Charges It Did Business in California without a License

The California Department of Insurance has reached a settlement with Timios, Inc., a Delaware corporation allegedly doing title and escrow business in…
1 minute read
May 09, 2013 | FC&S Insurance

Reinsurance Association of America Elects 2013-2014 Officers

Tad Walker, the president and chief executive officer of PartnerRe North America, has been elected chair of the board of directors of the Reinsurance Association…
1 minute read
May 09, 2013 | FC&S Insurance

6th Circuit: Insurer Did Not Breach Structured Settlement Agreement by Complying with Garnishment Order

The U.S. Court of Appeals for the Sixth Circuit has ruled that an insurance company that had obtained an annuity to fund a structured settlement did not…
3 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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May 09, 2013 | FC&S Insurance

Insurance Coverage for Invasion of Privacy Claims

Robin L. Cohen and Michael N. DiCanio, attorneys with Kasowitz, Benson, Torres & Friedman LLP, have written an article analyzing insurance coverage…
1 minute read
May 09, 2013 | FC&S Insurance

U.S. and International Insurance Regulators are Meeting in Washington

The National Association of Insurance Commissioners (“NAIC”) is hosting the sixth annual International Insurance Forum today and tomorrow in…
2 minute read
May 09, 2013 | FC&S Insurance

Validus Holdings Appoints Therese M. Vaughan to Its Board

Validus Holdings, Ltd. has named Dr. Therese (Terri) M. Vaughan, former chief executive officer of the National Association of Insurance Commissioners (“NAIC”),…
2 minute read
May 09, 2013 | FC&S Insurance

Multiple Occurrences where Priest Allegedly Abused a Minor over Several Years and Policy Periods, New York’s Top Court Rules

For the first time, New York’s highest court, the Court of Appeals, has addressed the meaning of “occurrence” in the context of claims…
7 minute read
May 09, 2013 | FC&S Insurance

Court Finds Policy’s Appraisal Provision Enforceable, Even where Insurer Retained Right to Deny Claim

A federal district court in Illinois has upheld the enforceability of a commercial property insurance policy’s appraisal clause notwithstanding the…
4 minute read

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