Having recently marked the one-year anniversary of the COVID-19 pandemic, it seems like an opportune time to consider how the pandemic has impacted the insurance industry. While business interruption (BI) lawsuits (totaling more than 1,500 as of … [Read More...] about How COVID Impacts Insurance in Unforeseen Ways
AIRROC is pleased to announce the addition of two new members, BMS Group Ltd. and Fortitude Reinsurance Company Ltd., and Gallagher Bassett as a new Corporate Partner. AIRROC looks forward to working together with BMS, Fortitude Re and Gallagher … [Read More...] about AIRROC Continues to Grow its Network!
Photo by Pixabay on Pexels.com You remember the Covered Agreements entered into between the US and the UK and the US and the EU to deal with Brexit and Solvency II and international financial standards, right? Well, the New York Department of … [Read More...] about What the New Proposed Credit for Reinsurance Regulations Mean for Reinsurance Disputes
State and federal courts across the country are grappling with insurance coverage litigation, as insureds who suffered business losses due to government-mandated shutdowns look to their property insurers for relief. These cases present the … [Read More...] about Same Virus, Different Outcomes
A recent decision by a North Carolina federal court adds to a list of cases requiring insurance company defendants in coverage actions to produce reinsurance agreements as part of their initial disclosures under Federal Rule of Civil Procedure 26. … [Read More...] about Reinsurance Agreements and Initial Disclosures