Category: Industry News

"(1) evaluate the reinsurance supervisory systems of the States to determine whether such jurisdictions qualify as Home State Supervisors or Port of Entry Supervisors under standards recommended by the NAIC and adopted by the Board;

(2) evaluate the reinsurance supervisory systems of non-U.S. Jurisdictions …

The International Alternative Dispute Resolution Academy is an educational program designed to provide advanced practice and training on arbitration and mediation. Over three days, our expert faculty, consisting of practitioners, mediators, and arbitrators, will lead participants through a combination of interactive discussions and workshops. The program will follow a proven format of demonstration and hands-on practice.

Highlights will include small group sessions on drafting ADR provisions and building a winning case based upon a hypothetical fact pattern. Mock role-playing vignettes will demonstrate how to prepare your client …

The editors of the Insurance and Reinsurance Report will be in London from September 14th through September 18th. If your would like to meet to discuss any postings or other items with them, feedback is welcome. Please contact [email protected].…

Goldberg Segalla Partner and Chair of its Global Insurance Services Practice, Daniel W. Gerber, will speak at DRI's Annual Meeting in Chicago. Mr. Gerber will moderate a panel entitled "What We All Need to Know About Shifitng the Risk in This Economy – It's All About Risk Managment".  The Annual Meeting is to be held October 7-11, 2009 and will feature author Doris Kearns Goodwin and former Secretary of Labor Elaine Chao, as well  former Solicitor Generals Kenneth Star and Theodore Olson. To view the Annual …

The Chinese Insurance Regulatory Commission (CIRC) is issuing major revisions to the law governing insurance in China.  These new revisions are meant to offer better protection to the insureds and reinforce controls on insurers.  The new laws are expected to go into effect on October 1, 2009. 

Many of the changes involve contract certainty, timeliness and claim handling.  For example, the insurers will now only be able to rescind policies for nondisclosure or misrepresentation 30 days from first learning …

A  recent Lloyd's Market Bulletin explains the facts surrounding censure of three person who, while moving to the employment of a competitor, breached of their obligations to their previous employer.

Click here for the report.

By Daniel W. Gerber and Jeffrey L. Kingsley

https://www.goldbergsegalla.com/attorneys/Gerber.html

https://www.goldbergsegalla.com/attorneys/Kingsley.html…

Update of All New Coverage Decisions in U.S.for June 8, 2009

CaseWatch: Insurance is free and provides timely summaries of and access to insurance law decisions from all the appellate courts of the United States. It is distributed bi-weekly. For ease of reference, CaseWatch is organized by topic. Jurisdictional information and links to full text decisions, where available, are found in individual case titles.

Click here to download CaseWatch

By Daniel W. Gerber

https://www.goldbergsegalla.com/attorneys/Gerber.html…

DRI has issued new incentives which allow a corporation to have a meeting with its outside counsel at the DRI Annual Meeting in Chicago October 4-7 at no cost to the company. Travel is included.

Download Detailed Incentives Program

Download DRI 2009 Annual Meeting Brochure

For more information contact:

Dan Gerber at [email protected]…

Several publications are now reporting that several insurers, including AIG, are providing cash payments to travelers forced to be quarantined when overseas or on returning to Hong Kong as a result of the H1N1 virus known commonly as the "swine flu." 

Moreover the policy also provides that if an insured dies due to swine flu complications the insured's beneficiaries would also receive monetary payments.  The current policy being offered by AIG/Hong Kong Travel allows individual to obtain approximately $600 per day if quarantined or diagnosed with the swine …