Business owners need guidance rather than a federal reinsurance backstop to help them navigate an increasingly volatile cyber insurance market, a panel of experts said recently. “I don’t think a compelling case has been made yet for an explicit … [Read More...] about For Now, No Need for Federal Cyber Reinsurance Backstop: Experts
The second session of the 4th annual Runoff Deal Market Forum focused on some of the less obvious legal, regulatory and NAIC developments that will likely impact the runoff deal landscape. The esteemed panel included Mayer Brown partner Larry … [Read More...] about Under the Radar Potential Game Changers: Were you aware of these??
On February 2nd Allstate Insurance Company filed the first plans of division in the U.S. market to restructure its insurance operations representing a significant step forward for the insurance industry to expand the application of restructuring … [Read More...] about From the Front Lines
DOES AN INSURER HAVE AN ENTITLEMENT TO RECOUP DEFENSE COSTS WHEN NO DUTY TO INDEMNIFY EXISTS? In a case of first impression for the New York Supreme Court, Appellate Division, Second Department, the court chose not to follow prior decisions of its … [Read More...] about New York’s Second Department Splits from First Department
Concerns about bias and prejudice from multiple repeat appointments have plagued party-appointed arbitrators for years. This is true of international arbitration, commercial arbitration and, of course, insurance and reinsurance arbitration. … [Read More...] about Party-Appointed Arbitrators on the Precipice