AIRROC has embarked on a strategic planning process, retaining Wendy Scott & Associates to lead and facilitate the development of a plan to shape the next chapter of AIRROC’s development. A half-day in person session was held the day before the … [Read More...] about A Guiding Light for Legacy
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AIRROC UPDATE
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Regulatory
Swiss Re to exit iptiQ: strategic shift sparked by weak demand, lower tech threat
Swiss Re may be in the market for buyers for some parts of its digital insurer, iptiQ. Read More... … [Read More...] about Swiss Re to exit iptiQ: strategic shift sparked by weak demand, lower tech threat
AIRROC Welcomes New Member RiverStone International
AIRROC extends a warm welcome to new member RiverStone International. We are delighted to have RiverStone join the AIRROC community and very much look forward to a constructive collaborating with them. RiverStone brings a wealth of market … [Read More...] about AIRROC Welcomes New Member RiverStone International
Legal
Supreme Court Resolves FAA Circuit Split, Limiting Appealability of Orders Compelling Arbitration
The Supreme Court recently resolved a Circuit split addressing how district courts should proceed when they have found that all claims in a dispute should be compelled to arbitration. Smith v. Spizzirri, No. 22-1218, --- S.Ct. ----, 2024 WL 2193872 … [Read More...] about Supreme Court Resolves FAA Circuit Split, Limiting Appealability of Orders Compelling Arbitration
Cedent Wins Late Notice Dispute
It’s been a while since there has been a court opinion on the defense of late notice in a reinsurance dispute. Recently, a Texas federal court had the pleasure of addressing the issue. In United States Fire Insurance Co. v. Unified Life Insurance … [Read More...] about Cedent Wins Late Notice Dispute
Events
Should Covid-19 be Considered a Natural Peril?
This question posed in the title of this presentation is easier asked than answered. Max Chester and Tina Matic, Partners at Foley & Lardner led … [Read More...] about Should Covid-19 be Considered a Natural Peril?
What’s Trending in the World of Arbitration?
AIRROC June 2024 Chicago Forum: Karen Borg (CNA), Martha Conlin (Troutman Pepper), Judy Harnadek (Resolute Management), Teresa Snider (Porter … [Read More...] about What’s Trending in the World of Arbitration?
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