Articles Library of n

N. J. Law Applies to the Question of the Allocation of Coverage Among Excess Insurance Policies

November 22, 2015

By Thomas Paschos, Esq. of Paschos & Associates, P.C. In In re Liquidation of Integrity Ins. Co./Sepco Corp., — A.3d —-, 2012 WL 3600009 (N.J.Super.A.D. August 23, 2012), the court addressed two appeals,...

N.Y. Court of Appeals allows consequential damages for breach of business-interruption policy

October 3, 2008

Can a policyholder under a business interruption policy, whose business collapses because of an insurer’s failure to timely pay covered business interruption losses, recover “consequential damages” in excess of limits from the insurer that...

NAIC Annuity Disclosure Model Regulation: Preparing for Compliance

November 22, 2015

By Sandy Smith, Esq. of Wilson Elser Moskowitz Edelman & Dicker LLP The National Association of Insurance Commissioners (NAIC) amended its Model Regulation regarding Annuity Disclosure last fall. While to date only one...

NAIC Revised Draft Insurance Data Security Model Law Continues to Raise Significant Industry Concerns

October 24, 2016

By Karen L. Booth, Esq. of Locke Lord LLP The National Association of Insurance Commissioners (NAIC) Cybersecurity (EX) Task Force has received significant industry comments regarding its revised draft Insurance Data Security Model Law...

Name and Address Changes for Insurance Licensing?

November 22, 2015

By Barbara Donnar, CEO of Supportive Insurance Services So you’ve gone through the process of obtaining insurance licensing in multiple non-resident states. It took a while, but you now have all the licenses you...

National Cyber-Security: The President Weigh In

November 22, 2015

By Seth L. Laver, Esq., Jennifer M. Mannion, Esq. and Jason L. Ederer, Esq. of Goldberg Segalla LLP Data breaches and cyber-security issues are hot topics. Any company that utilizes electronic means to...

National Trends and Implications Concerning Reservation of Rights: What Every Insurance Professional Must Know

November 22, 2015

By Thomas Paschos, Esq. of Thomas Paschos & Associates, P.C. Insurance carriers and coverage professionals are often confronted with a variety of issues related to the duty to defend and the duty to...