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Insurance Commissioners Insolvency

Husch Blackwell LLP

Personal Liability Risks for Insurance Liquidators: Navigating Federal Super Priority in Insolvency Proceedings

Husch Blackwell LLP on

Insurance commissioners serving as liquidators of insolvent insurance companies should be mindful of the potential for personal liability arising under the Federal Priority Act (FPA) and potential solutions through model...more

Herbert Smith Freehills Kramer

Insurance Commissioner, Acting as Liquidator of RRG, Is Not a “Governmental Authority”

When is an insurance commissioner not a governmental authority? A federal district judge reminds us that a state insurance commissioner, when acting as receiver of an insolvent insurer, acts in a different capacity to his...more

Hinshaw & Culbertson - Insights for Insurers

State Insurance Commissioners Weigh In On Business Interruption Coverage for COVID-19 Losses

Over the past several weeks, we've seen legislators introduce bills to retroactively rewrite existing insurance policies to provide coverage for COVID-19 claims, and a flood of insurance coverage complaints filed across the...more

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