Few in legacy circles would dispute that over the past three years the market has witnessed some of the most rapid change seen in decades. New deals from new sellers are steadily flowing into the market. New capital has arrived in the form of … [Read More...] about The Legacy Roundtable – 2019
Main Content
Regulatory
New beginnings: US regulation is generating more flexibility for legacy deals
Written by Luann Petrellis Luann is an insurance professional who specializes in developing runoff and restructuring strategies for discontinued (re)insurance businesses. Luann drafted the Insurance Business Transfer regulations for the state of … [Read More...] about New beginnings: US regulation is generating more flexibility for legacy deals
NAIC Restructuring Mechanisms Working Group Continues its Study of IBTs and Corporate Division Statutes
AIRROC’s Corporate Partner Locke Lord provides a “Quick Study” on the NAIC’s Summer Meeting in New York on August 4, 2019; specifically the NAIC’s Restructuring Mechanisms Working Group progress on insurance business transfers and corporate division … [Read More...] about NAIC Restructuring Mechanisms Working Group Continues its Study of IBTs and Corporate Division Statutes
Legal
The Edges of Follow the Fortunes
Ask two reinsurance experts to define the parameters and limitations of Follow the Fortunes (“FTF”) and you will, undoubtedly, receive two different responses. Provide these experts with a fact pattern and ask whether FTF applies, and you are … [Read More...] about The Edges of Follow the Fortunes
Allegations of Clergy Misconduct
In the wake of the recent release of another investigating grand jury report regarding abuse of minors by clerics, Pennsylvania state lawmakers have introduced a proposal to revive previously time-barred civil claims arising out of allegations of … [Read More...] about Allegations of Clergy Misconduct
Events
Runoff Deal Market Forum – Season 2
Back by popular demand, AIRROC and Mayer Brown, presented a new episode in the ongoing market drama that portrays the evolution of dynamic options for … [Read More...] about Runoff Deal Market Forum – Season 2
The Weather was HOT and so was AIRROC’s Summer Membership Meeting…
As we do annually, AIRROC members met at the offices of Norton Rose Fulbright to work on their goals and also to take in some new topics offered by … [Read More...] about The Weather was HOT and so was AIRROC’s Summer Membership Meeting…
Emerging Claims
Do the Right Thing
It was a record breaking attendance at the AIRROC Spring Membership Meeting on March 5 & 6. Hosted at the offices of Norton Rose Fulbright in New … [Read More...] about Do the Right Thing
America Has An Opioid Problem: Who’s Going To Pay To Fix It?
It’s talked about on the radio, it’s covered in the news, it’s referenced in popular TV shows, and now the President of the United States is … [Read More...] about America Has An Opioid Problem: Who’s Going To Pay To Fix It?
