All Legal articles – Page 6
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Analysis
Landmark legal decision
The recent Stoneridge decision has the potential to turn insurance class actions on their head
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Editor's Note
Tip of the iceberg
Members of the audience stifled a few giggles as the familiar soundtrack from the blockbuster movie Titanic was played. It may have seemed absurd but it was really no laughing matter
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Lords welcome EU Solvency II stance
Lords Committee welcome reform measures for insurance sector
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Analysis
Allstate forced to defend rate hikes
A Florida Senate panel grills the insurer after banning it from the state
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Lloyd’s to overhaul claims processes
Lloyd’s has set out plans to accelerate the pace of change in the market’s claims performance
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Guy Hengesbaugh joins Towers Perrin
Hengesbaugh, former president of PXRE, will become managing principal of Bermuda reinsurance operation
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Florida Commissioner bans Allstate
McCarty cites Allstate’s “blatant disregard” after the insurer submits objections to subpoenas
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Allstate ratings unaffected by Florida suspension
The suspension follows allegations that Allstate did not comply with a subpoena to testify about its rate increases
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113 subprime lawsuits launched
Advisen report reveals 113 lawsuits filed to date in relation to subprime crisis
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Marsh warning on plea bargains
US-style plea bargains raise indemnity and D&O exposures, warns broker
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Analysis
Gen Re/AIG trial underway
Buffett could be called as witness in 2008's first major legal battle
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Edwards Angell and Kendall Freeman complete merger
Reinsurance practice "significantly" enhanced by super-merger
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RIMS affirms support of TRIA extension
Calls Bush's extention "one of the highlights of this legislative year"
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Willis applauds new Terrorist Act
Seven-year extension of TRIA a "major milestone" for US financial security, broker claims
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Analysis
Bermuda election drama
A bitter election fight comes to a head with the PLP retaining power. But what does the future hold?
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ISO revises rules to comply with TRIA
With TRIA’s expiration date of 31 December, ISO has been closely monitoring congressional action
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Premier Brown wins Bermuda election
The Progressive Labour Party, led by ruling premier Ewart Brown, has won Bermuda’s general election
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Buffett could testify in fraud trial
Warren Buffett is called as a witness in the finite case that caused Hank Greenberg to leave AIG
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Analysis
Deadline looming
European reinsurers have 3 months to assess whether they are compliant with EU competition law
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Florida regulator to relax collateral rules
100% collateral requirement “is a barrier to investment by foreign reinsurers in the Florida market”