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January 18, 2013 | Inside Counsel

Pay-for-delay deals rise

A new Federal Trade Commission (FTC) report found an increase in pay-for-delay deals, in which brand-name pharmaceutical companies settle patent litigation with generic-drug companies by reaching agreements that delay the release of cheaper drugs to market.
2 minute read
January 18, 2013 | FC&S Insurance

NY Regulator Fines Health Insurer $700,000 for Failing to Tell Consumers Their Rights and Benefits

HealthNow New York Inc. has been fined $700,000 by the New York Department of Financial Services for what the Department said was its failure to explain…
3 minute read
January 18, 2013 | FC&S Insurance

Are Goods Made in China ‘Manufactured’ By U.S.-Based Insured?

A divided New York appellate court has affirmed a lower court’s decision denying summary judgment motions after finding that neither the policyholder…
7 minute read
January 18, 2013 | FC&S Insurance

Press Release Triggered Insurer’s Duty to Defend under Policy’s ‘Advertising Injury’ Provision

A press release issued by an insured triggered its insurer’s duty to defend the insured, under the advertising injury provision of the insured’s…
4 minute read
January 18, 2013 | FC&S Insurance

Marine Policy Is Void Where Insured Failed to Disclose Vessel’s Prior Damage

The U.S. Court of Appeals for the Second Circuit has affirmed a district court decision finding a marine insurance policy void ab initio where the insured…
2 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 18, 2013 | FC&S Insurance

Aviva Sells Stake in Malaysian Joint Venture

Aviva plc has reached an agreement to sell its 49 percent interest in CIMB Aviva Assurance Berhad and CIMB Aviva Takaful Berhad (together, “CIMB-Aviva”)…
1 minute read
January 18, 2013 | FC&S Insurance

Lawyer Who Implemented Obamacare’s Insurance Reform Provisions Returns to Private Practice

Jay Angoff, who was appointed by Health & Human Services Secretary Kathleen Sebelius in February 2010 to oversee the implementation of the insurance…
1 minute read
January 18, 2013 | FC&S Insurance

32 New Captives Licensed in Vermont in 2012

The State of Vermont licensed 32 new captives in 2012, according to data released by the Vermont Captive Insurance Division. In addition to 28 pure captives,…
1 minute read
January 18, 2013 | FC&S Insurance

34 New Montana Captives Licenses in 2012

There were 34 new captive insurance company licenses issued in Montana during 2012, bringing the total number of licensed captives in Montana to 114. Montana…
1 minute read
January 18, 2013 | FC&S Insurance

Starr Companies Names Jeffrey Hayman President of International Insurance Operations

Jeffrey Hayman has been named President of International Insurance Operations for Starr Companies. Mr. Hayman will be responsible for the overall…
2 minute read

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