Tag Archives: Insurers

Opening the Pandora’s Box of Flood Policies, or How Filing Suit Against Flood Insurers Can Effectively Reduce the Suit Limitations Period

When is an insurer’s “Rejection of Proof of Loss” letter for flood insurance damage, which states on its face that it “is not a denial of your claim,” nevertheless a written denial of claim? According to the Third Circuit in … Continue reading

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Guest Post: Court Requires Insurers to Advance Insureds’ Defense Costs

In the following guest post, Syed Ahmad, Brittany Davidson, and Andrea DeField of Hunton & Williams LLP take a look at a very interesting New York trial court decision relating to D&O insurers’ duty to advance defense costs. I would … Continue reading

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South Dakota Lawmakers Thoughtfully Consider Whether Letting Insurers Steal Worker’s Comp Is A Good Idea

Politicians in Pierre may restrict workers’ right to bring conniving insurers to court. Until now, individuals who’ve been ripped off on worker’s compensation have been to file suits against their insurance company. If the law changes, ‘people who are treated … Continue reading

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Small Insurers Are Strong Competitors

A recent study confirms that small PC insurers can compete successfully against larger competitors. The Conning Research study, entitled “Property-Casualty Small Insurers: From Static to Strategic,” analyzes the small insurer segment, their strategies for success, and their impact on larger … Continue reading

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APRA consolidated standards for ADIs and insurers

The Australian Prudential Regulation Authority (APRA) has released in final form four prudential standards – on governance, fitness and propriety, outsourcing and business continuity management – that will consolidate and replace 12 existing standards across the authorised deposit-taking (ADI), general … Continue reading

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