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Loree Reinsurance and Arbitration Law Forum (Loree & Loree)

Corruption, Fraud or Undue Means | Vacating, Modifying, and Correcting Awards | Businessperson’s Federal Arbitration Act FAQ Guide September 16th, 2020Bad Faith, Businessperson's FAQ Guide

Landers and Restoring Time for Appraisals

Troy Beecher, an experienced insurance coverage attorney in Goldberg Segalla’s Orlando office, scrutinizes a recent decision from a Florida District Court of Appeal, Landers v. State Farm Fl

Leaders of Major House Committee Wade into Equivalency Discussions

On August 17, 2016, the Chairman and Ranking Member of the House Ways and Means Committee waded into the ongoing discussions between U.S. and EU leaders regarding equivalency with the EU’s Solv

Looking for Balance in Principle-Based Reserving

In a recent article in Law360, Frederick J. Pomerantz and Aaron J. Aisen, attorneys in Goldberg Segalla’s Global Insurance Services Practice Group, provide a comprehensive overview of Pri

Location, Location, Location: Michigan PIP Benefits Awarded to Illinios Claimant Where Location of Accident is Only Connection to Michigan

Michigan’s no-fault insurance benefits, especially Personal Injury Protection (PIP) benefits, are among the most favorable to claimants. Michigan law requires no-fault insurance for every vehic

Logical Construction: Federal Court Relies on Practical Considerations in Finding No Coverage for Lost Future Earnings

In 3M Co. v. National Union Fire Insurance Co., 2015 U.S. Dist. LEXIS 131197 (D. Minn., September 28, 2015) a federal judge for the District of Minnesota determined that a policyholder was not entitle

Logical Construction: Federal Court Relies on Practical Considerations in Finding No Coverage for Lost Future Earnings

In 3M Co. v. National Union Fire Insurance Co., 2015 U.S. Dist. LEXIS 131197 (D. Minn., September 28, 2015) a federal judge for the District of Minnesota determined that a policyholder was not entitle

Let the (Employee) Beware: New Shift in DOJ Policy Places Emphasis on Individual Accountability

On September 9, 2015, the Deputy Attorney General (DAG), Sally Quillian Yates, issued a memo to senior leadership at the U.S. Department of Justice (DOJ) entitled “Individual Accountability for

Lax Claims Handling Basis for Award of Emotional Distress and Punitive Damages

In K.N.T. v. American Family Mutual Insurance Company, 2015 Iowa App. LEXIS 576 (Iowa Ct. App. July 9, 2015), the Iowa Appellate Court addressed emotional distress arising out of the claims process an

Louisiana Supreme Court Expands Failure to Settle and Misrepresentation Claims Against Insurers

In Kelly v. State Farm Fire & Casualty Co., 2015 La. LEXIS 697 (La. May 5, 2015), the Louisiana Supreme Court answered two critical questions regarding an insurer’s claim handling responsib

Lead Paint is Not an Excluded Pollutant in CGL Pollution Exclusion

In a personal injury action involving ingestion of lead-based paint in the house the claimant rented from the insured, the majority of the First Division Georgia Court of Appeals held that a policyâ

Law Firm’s Policy Rescinded For Misrepresentation in Application

The Supreme Court of Illinois held that the insurer was entitled to rescind a law firm’s malpractice policy based on material misrepresentations in the firm’s renewal application. The ma

Lack of Authentication of Assignment of Insurance Proceeds Costs Insured Party $1.2 Million

In Warehousing v. Auto-Owners Ins. Co., 2014 U.S. App. LEXIS 18058 (11th Cir. Sept 22, 2014), the U.S. Court of Appeals for the Eleventh Circuit affirmed a lower court ruling which held that an insure

LIMA: A New Liability Exit Strategy Comes to the U.S.

On February 19, Vermont Governor Peter Shumlin signed the Legacy Insurance Management Act (LIMA). The law enables a non-admitted insurer in the U.S. or abroad to transfer closed blocks of commercial i

Life, Health, Disability, and ERISA Newsletter is Now Available

Life, Health, Disability, and ERISA provides a summary of decisions from across the country concerning life, health, and disability policies, including those governed by ERISA. Following your review o

Late Night Fiesta Leaves Restaurant Holding the Bag

The plaintiff, Mount Vernon Fire Insurance Company (Mount Vernon), sought a declaration that it was not required to handle or pay a certain insurance claim. The dispositive issue before the court is w

LSE Report Predicts Stormy Weather for UK’s Flood Re Scheme

A recent report by the London School of Economics and Political Science provides for a stormy forecast for Britain’s new proposed flood insurance programme, largely in part due to climate chang

Locked Out – Excess Insurer Can’t Break Into Underlying Claims

ProBuild Holdings, Inc. et al. v. Granite State Insurance Company et al. The plaintiff-insured is a supplier of residential and commercial building materials and was sued many times over for

Life, Health, Disability, and ERISA is Now Available

Life, Health, Disability, and ERISA – a summary of decisions from across the country concerning life, health, and disability policies, including those governed by ERISA.  For a free copy of

Libor Scandal Likely to Create Significant Implications in the Insurance and Reinsurance Markets

The recent discovery of the Libor Scandal has far reaching consequences including creating repercussions in the insurance and reinsurance industry.  The briefing note authored by Tanguy Le Gouell

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