Arbitration clauses in most insurance and reinsurance contracts are remarkable for how little they say about the process. The most basic form of arbitration clause states only that, if a dispute arises, the parties will arbitrate rather than … [Read More...] about Using the Organizational Meeting to Build a Better Arbitration
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AIRROC UPDATE
Latest News

AIRROC Honors Carolyn Fahey with Special Service Award
A very special award was presented at the 2025 AIRROC Legacy Transactions & Networking Forum, one as unique as its recipient. Carolyn Fahey was the face of AIRROC for more than a decade. Her steady leadership, her vision, and her genuine care for … [Read More...] about AIRROC Honors Carolyn Fahey with Special Service Award

Hidden Exposures and Emerging Risks
Sean Keely, a Partner with Smith, Gambrell & Russell, LLP and Andrea Silk, Managing Attorney with Gallo Vitucci Klar LLP provided an insightful overview of the hidden exposures insurers face, and the emerging risks expected in 2025 and … [Read More...] about Hidden Exposures and Emerging Risks

AIRROC Announces 2025 NextGen Leadership Award Honorees
Kristen Kish of Mound Cotton Wollan & Greengrass LLP and Juliana Toes of Mayer Brown LLP have been named the 2025 recipients of the AIRROC NextGen Leadership Award. Both honorees have significantly advanced AIRROC’s educational efforts, … [Read More...] about AIRROC Announces 2025 NextGen Leadership Award Honorees
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

Enstar’s Cavello Bay sues Aspen for more than $400 million over alleged breach of reinsurance deal
Enstar subsidiary Cavello Bay Reinsurance Limited is seeking damages of more than $400 million against Aspen Insurance Holdings in a U.S. lawsuit over an alleged breach of a reinsurance agreement. Cavello Bay alleges in the lawsuit, which it filed … [Read More...] about Enstar’s Cavello Bay sues Aspen for more than $400 million over alleged breach of reinsurance deal

Discovery of Reinsurance Information Rolls On
Policyholders and claimants seeking to access reinsurance contracts and other reinsurance information and communications to support their claims continues to take up plenty of judicial time. Courts are split on the issues, but the issues are all … [Read More...] about Discovery of Reinsurance Information Rolls On
Events

Five New Legacy Professionals Earn their CLP Designation
During the 2025 Legacy Transaction & Networking Forum, the Certified Legacy Professional ("CLP”) designation was awarded to five legacy … [Read More...] about Five New Legacy Professionals Earn their CLP Designation

AIRROC Kicks Off 2025 Forum with Keynote Speaker Brian Snover of Berkshire Hathaway
AIRROC kicked off its 2025 Legacy Transactions & Networking Forum and 20th Anniversary celebration with keynote speaker Brian Snover, Senior Vice … [Read More...] about AIRROC Kicks Off 2025 Forum with Keynote Speaker Brian Snover of Berkshire Hathaway
Emerging Claims

Understanding Self-Driving Car Liability
Liability for self-driving car accidents can fall on the human driver, the manufacturer or even a third party depending on the cause of the accident. … [Read More...] about Understanding Self-Driving Car Liability

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
