Legal
Training needed to halt blanket rights reservations in London market
21 May 2012
Senior claims executives have warned that blanket reservation of rights on claims could not only alienate policyholders but could make the London market an unattractive insurance platform… Read more
Read more articles from this issueNew York regulators expand force-placed review
21 May 2012
New York State regulatory authorities are to broaden their review of insurance lines beyond force-placed programmes once current hearings on homeowners' coverage are over… Read more
Read more articles from this issueAon sued by Kleen Energy contractors
21 May 2012
Aon has been sued by contractors for the Kleen Energy gas and oil-fired plant over alleged deficiencies in the provision of liability cover for their joint insurance programme… Read more
Read more articles from this issueDLA Piper hires Dewey's Hong Kong team
17 May 2012
DLA Piper's Hong Kong office has hired two insurance, corporate and regulatory partners from beleaguered law firm Dewey & LeBoeuf, along with around three associates… Read more
Read more articles from this issueBond Pearce hires Clyde & Co insurance partner
16 May 2012
UK law firm Bond Pearce has added a new partner, Simon Gildener, to its insurance professional risks team in London… Read more
Read more articles from this issueChartis to pay over £4mn to UK insurers after disputed claim
14 May 2012
Chartis Insurance UK has been ordered to pay out over £4mn including legal fees to a group of UK insurers following a legal battle over property insurance claims from the developers of a waste recycling plant, The Insurance Insider can reveal… Read more
Read more articles from this issueAllstate files $30mn fraud suit against NY criminal ring
14 May 2012
Allstate Insurance Company has filed a $30mn insurance fraud lawsuit against 52 New York doctors, attorneys and medical clinics alleging their involvement in a fraud scheme using the state's "no-fault" auto insurance laws… Read more
Read more articles from this issueFraud case against Greenberg cleared for trial
14 May 2012
Former American International Group (AIG) chairman and CEO Maurice "Hank" Greenberg lost an appeal to dismiss a state fraud lawsuit against him and former AIG CFO Howard Smith over two suspect reinsurance transactions… Read more
Read more articles from this issueM&A lawsuits continue at high pace
14 May 2012
US M&A activity continues to be beset by litigation, although early 2012 activity is running slightly behind trend, a report from Cornerstone Research and Professor Robert Daines of the Stanford Law School shows… Read more
Read more articles from this issueRyan and CRC bury hatchet
8 May 2012
The two-year legal battle that followed the mass defection of employees from CRC to the wholesale arm of Ryan Specialty Group (RSG) is over, after parties reached a global settlement over ongoing poaching disputes… Read more
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