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January 24, 2013 | The American Lawyer

Asia Deal Digest: January 24, 2013

* Sidley Austin guides a Chinese developer on a $786 million note issue* Sullivan & Cromwell on a U.S. medical device maker's big China acquisition* Weil Gotshal helps a private equity fund buy a heck of a lot of shipping containers
3 minute read
January 24, 2013 | FC&S Insurance

PwC Survey Finds Insurers Not Yet Ready for RMORSA

While the U.S. insurance industry is making strides toward Risk Management and Own Risk Solvency Assessment Model Act readiness, a definite gap appears…
3 minute read
January 24, 2013 | FC&S Insurance

State Regulation of Insurance ‘Not Broken,’ Says New Head of NAIC, Sen. Ben Nelson

The new head of the National Association of Insurance Commissioners, former Nebraska Senator Ben Nelson, told a press conference that the system of state…
1 minute read
January 24, 2013 | FC&S Insurance

Banner Year for Cayman Captives

The captive insurance industry in the Cayman Islands is booming.The Cayman Islands Monetary Authority (“CIMA”) has reported that it received…
2 minute read
January 24, 2013 | FC&S Insurance

Property Damage from Hurricane Wilma at Heart of Claims, Dooming Coverage

A federal district court in Florida has ruled that all of a condominium unit owner’s claims against the condominium association arose from the fact…
5 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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January 24, 2013 | FC&S Insurance

Bill Would Mandate Eating Disorders, Alcoholism, Substance Abuse, and Mental Illness Coverage for New Jersey State Workers

A New Jersey Senate committee has approved a bill that would require health insurance coverage for state employee for eating disorders, alcoholism, and…
1 minute read
January 24, 2013 | FC&S Insurance

Insured’s Guilty Plea to Assault Established that He Intended to Cause Serious Bodily Injury with Car, Court Rules

An Oregon court has decided that an automobile insurance policy did not provide coverage for claims against an insured who pleaded guilty to assault in…
3 minute read
January 24, 2013 | FC&S Insurance

Circuit Affirms Dismissal of Chinese Drywall Coverage Action Following Virginia Supreme Court Ruling

The U.S. Court of Appeals for the Fourth Circuit has affirmed a district court decision declaring that a homeowner was not entitled to coverage under his…
2 minute read
January 24, 2013 | FC&S Insurance

Travelers Adds New Cyber Protection Coverage

Travelers is introducing CyberFirst Essentials® – Small Business for small businesses concerned about cyber liability risks. “This…
2 minute read
January 24, 2013 | FC&S Insurance

Weather Reinsurance Product Arrives from Aon Benfield

Aon Benfield, the global reinsurance intermediary and capital advisor of Aon plc, has launched a new weather reinsurance product that offers insurers protection…
2 minute read

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