Warm Remembrances of Carolyn Fahey’s Tenure as AIRROC’s Executive Director When the news of Carolyn Fahey’s announcement spread that she will be stepping down as Executive Director, there was an outpouring of sadness and a great sense of loss among … [Read More...] about Legacy in Legacy
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AIRROC UPDATE
Latest News
From Foundation to Future: What’s Next for AIRROC
When I first became involved with AIRROC in 2018, I never could have imagined the path it would lead me down, or how deeply the organization would shape my career. From founding the NextGen Council to serving on the Board of Directors, AIRROC has … [Read More...] about From Foundation to Future: What’s Next for AIRROC
Regulatory
Chamber Pushes for Reform as Foreign Investors Exploit U.S. Legal System Through Litigation Funding
Comprehensive reforms are needed to address how third-party litigation funding (TPLF) operates within the federal tax and court system, according to the U.S. Chamber of Commerce Institute for Legal Reform (ILR), citing national security concerns and … [Read More...] about Chamber Pushes for Reform as Foreign Investors Exploit U.S. Legal System Through Litigation Funding
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
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