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Reinsurance Liability Insurance Insurance Industry

Hinshaw & Culbertson - Insights for Insurers

Allocation of Losses in Complex Insurance Coverage Claims

Allocation is a fundamental issue impacting every society and transcending virtually every major sector and function within a society. Economists sometimes describe this concept as society's allocation of its resources...more

Kennedys

Los Angeles wildfires’ far-reaching impact on the insurance industry

Kennedys on

The wildfires in Los Angeles continue to rage and have destroyed or damaged more than 12,000 structures, mostly personal residences. Southern Californians will be impacted by the devastating aftermath for years to come. There...more

Hogan Lovells

Italy: IVASS public consultation on the new online comparison system for motor liability insurance

Hogan Lovells on

IVASS has launched a public consultation on a draft regulation laying down provisions on the setting up of an online comparison system for premiums related to the so-called basic contract offered by insurance undertakings...more

Troutman Pepper Locke

When It Rains Pollution, Grab Your Umbrella

Troutman Pepper Locke on

Last week, a federal court in New York held that Hawaii’s “all sums” rule and “follow-the-settlement” provisions in reinsurance contracts obligated a reinsurer to reimburse a cedent where the underlying reinsured umbrella...more

Zelle  LLP

Climate Change and Insurance: Insurers' Subrogation Claims

Zelle LLP on

This is the fifth of six articles addressing climate change lawsuits in the context of (re)insurance. In previous articles in this series, we have discussed the litigation risks faced by liability insurers as a result of...more

Zelle  LLP

Climate Change and Insurance: Learn From MTBE, Asbestos

Zelle LLP on

This is the fourth of five articles addressing climate change lawsuits in the context of (re)insurance. This article explores the ways in which (re)insurers, in dealing with an emerging body of climate change lawsuits, may...more

Cooley LLP

Blog: Commercial Court Dismisses Appeal By Reinsurers Disputing That Certain Losses Arising From The World Trade Centre Attack In...

Cooley LLP on

In Simmonds v Gammell [2016] EWHC 2515 (Comm) the respondent insurer had participated in various layers of an excess liability insurance programme, insuring the Port of New York (PONY). The appellant reinsurer had...more

Carlton Fields

Court Construes Disputed Insurance Policy Language And Requires Reinsurer To Follow The Settlements

Carlton Fields on

The case involved two facultative reinsurance contracts, each of which covered excess liability for similar umbrella liability insurance policies, and each of which contained a “follow the settlements” provision. After the...more

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