After more than a decade of service to AIRROC, Carolyn Fahey has announced that she will depart her role as Executive Director. When the news of Carolyn’s resignation spread, there was an outpouring of sadness and a great sense of loss among the … [Read More...] about AIRROC Announces Departure of Executive Director Carolyn Fahey and Names Katie Reynolds as New Executive Director
Main Content
Regulatory
New York insurance law adds parametric insurance as covered insurance
Insurers who issue policies covering catastrophic weather-related events should take note of New York Assembly Bill 10344. As of January 12, 2025, insurers have the ability to incorporate parametric insurance into their insurance products as a … [Read More...] about New York insurance law adds parametric insurance as covered insurance
ESG and internal investigations: New compliance challenges
“ESG” refers to a set of criteria used to measure a company’s non-financial ethical and sustainability practices. Investors, regulators and consumers are scrutinizing to varying degrees how companies manage environmental responsibilities, treat … [Read More...] about ESG and internal investigations: New compliance challenges
Legal
Fifth Circuit Definitively Rejects Manifest Disregard As a Ground for Vacatur of an Arbitration Award
The grounds for vacating an arbitration award under the Federal Arbitration Act (“FAA”) are limited. For decades, however, parties have raised manifest disregard of the law as a ground for vacatur. Many courts have limited or rejected manifest … [Read More...] about Fifth Circuit Definitively Rejects Manifest Disregard As a Ground for Vacatur of an Arbitration Award
Social Media and Insurance Coverage: A TikTok-ing Clock
This presentation explores the evolving intersection of social media and insurance coverage, emphasizing the rapidly growing risks and claims stemming from platforms like TikTok. Legal, regulatory, and market-based concerns are brought to light, … [Read More...] about Social Media and Insurance Coverage: A TikTok-ing Clock
Events
Notable Insurance Coverage Cases
This session offered a comprehensive review of some of the largest and most notable coverage cases from 2024. David Silvers, Complex Assumed Claims … [Read More...] about Notable Insurance Coverage Cases
Runoff Deal Market Forum 2025
This February, AIRROC and Mayer Brown were pleased to co-host their Seventh Annual Runoff Deal Market Forum (the “Deal Forum”) at Mayer Brown’s New … [Read More...] about Runoff Deal Market Forum 2025
Emerging Claims
Insurers need to change business models to drive climate resiliency, report shows
New research published from Capgemini and Efma’s recent World Property and Casualty Insurance Report reveals that climate change is hurting the … [Read More...] about Insurers need to change business models to drive climate resiliency, report shows
Climate Change and Reinsurance
Climate change is an existential risk to human life. But, before we get to life as we know it potentially disappearing, this commentary will discuss … [Read More...] about Climate Change and Reinsurance
