NOTICE OF THE DIRECT SCHEME MEETING IN THE HIGH COURT OF JUSTICE BUSINESS AND PROPERTY COURTS OF ENGLAND AND WALES INSOLVENCY AND COMPANIES LIST (ChD) CR-2020-004278STRONGHOLD INSURANCE COMPANY LIMITED (IN ADMINISTRATION) AND IN THE MATTER … [Read More...] about Notice of Direct Scheme Meeting and Notice of General Scheme Meeting of Stronghold Insurance Company Limited (In Administration)
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Regulatory
Mysteries Underlying Black Lung Liabilities
Estimating future liabilities for even the most basic line of business involves in-depth analysis of data, expert knowledge of modeling, and professional application of assumptions. Black lung liabilities take reserving to an entirely different … [Read More...] about Mysteries Underlying Black Lung Liabilities
Expect Increased New York State Regulatory Enforcement in the Banking and Financial Services Industry
The New York Attorney General and the New York State Department of Financial Services are leaders in the efforts to fill in the regulatory gap in the wake of perceived reduction in federal enforcement.Read the full article here... … [Read More...] about Expect Increased New York State Regulatory Enforcement in the Banking and Financial Services Industry
Legal
New Jersey Judge Denies Insurer’s Motion to Dismiss COVID-19 BI Claim
Since the outbreak of the COVID-19 pandemic, most insurers throughout the country have denied business interruption (BI) claims received from their policy holders based on the economic losses they have suffered as a result of the virus. Many insurers … [Read More...] about New Jersey Judge Denies Insurer’s Motion to Dismiss COVID-19 BI Claim
Exhaustion Found Ambiguous Causing Reinsurer to Follow the Settlement
In a recent facultative reinsurance dispute over the payment of an asbestos settlement, a New York federal court found the term “exhaustion” ambiguous and granted summary judgment to the cedent requiring the reinsurer to pay its share of an asbestos … [Read More...] about Exhaustion Found Ambiguous Causing Reinsurer to Follow the Settlement
Events
Captive Virtual Symposium: Run-off in Focus
Run-off in Focus 15:00 - 16:00 BST | 16:00 - 17:00 CET | 10:00 - 11:00 EST | 09:00 - 10:00 CST | 07:00 - 08:00 PSTRun-off now and into the … [Read More...] about Captive Virtual Symposium: Run-off in Focus
AIRROC Work From Home Webinar Series
Working from home is a dramatic change for many but AIRROC’s summer series of webinars makes a huge splash keeping members updated and … [Read More...] about AIRROC Work From Home Webinar Series
Emerging Claims
5 Liability Risk Trends: 2020 and Beyond
The range of exposures facing corporates, as well as subsequent loss and claims scenarios, have increased significantly in recent years with rising … [Read More...] about 5 Liability Risk Trends: 2020 and Beyond
MSAs Stalling Settlement? Proactive Strategies to Reduce MSA
Just about every workers’ compensation (WC) payer has them -- claims that remain unsettled due to high Medicare set-aside (MSA) allocation projections … [Read More...] about MSAs Stalling Settlement? Proactive Strategies to Reduce MSA