Practice Areas & Industries: Edwards Wildman Palmer LLP

 




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Practice/Industry Group Overview

Our Experience and Depth
The Edwards Wildman Insurance and Reinsurance Department is known as a world leader. With 75 lawyers and seamless access to outstanding firm resources, our group is part of a large international firm that has the experience and depth necessary to provide a full range of sophisticated, industry-wide services on a global basis. 

Our Commitment to Client Service and Client Success
Our Insurance and Reinsurance Department represents clients in a full range of corporate, coverage, regulatory, litigation, arbitration, claims and insolvency matters. Years of top-level experience have given us a solid technical understanding of the business of the industry and the ability to speak the language of insurance and reinsurance professionals.

Our Reach
We act for major clients in the London and European markets, North America, Latin America, Bermuda, Hong Kong and other important insurance centers. We work regularly with correspondent lawyers on transactions and proceedings throughout the world, but particularly in Canada, Europe, Latin America and the Pacific Rim.

Our Clients
Our clients are in all segments of the industry. They comprise major insurance and reinsurance companies, Lloyd's syndicates, captives, financial and investment service providers, P&I club managers, HMOs, agents, brokers, reinsurance intermediaries, state insurance regulators, guaranty funds, trade associations, insolvency practitioners, debtors and creditors of insolvent insurers, purchasers and run-off managers.

Our Lawyers
Members of the department enjoy national and international reputations, and the firm is regularly ranked among the top international firms by our Asian, European and American peers in leading publications, including The Legal Media Group Guide to the World's Leading Insurance and Reinsurance Lawyers. Each year, our lawyers teach, publish and speak on emerging industry issues.

When it comes to Insurance and Reinsurance… we know your business.


Articles Authored by Lawyers at this office:

An Illinois Appellate Court Again Refuses to Recognize that Innocence Does Not Bar Rescission of an Insurance Policy
Patrick Frye, January 07, 2014
Illinois law permits rescission of an insurance policy if, in negotiating for the policy, the insured made an innocent, but material, misrepresentation.

NAIC: Bermuda, Germany, Switzerland and UK Now Qualified for Reduced Collateral Requirements
Amber S. Mills,Nick Pearson, January 06, 2014
On December 18, 2013, the National Association of Insurance Commissioners (NAIC) approved four jurisdictions as "Conditional Qualified Jurisdictions," meeting its year-end goal for expedited review of certain jurisdictions. The four jurisdictions are Bermuda, Germany, Switzerland and the...

Solvency II†- ECIROA Raises Concerns Over Solvency II for Captives
Kimberley Cottrell,Chris Finney, December 26, 2013
The European Captive Insurance and Reinsurance Owners’ Association (ECIROA) has written to the Internal Market and Services Directorate General of the European Commission, and the European Insurance and Occupation Pensions Authority (EIOPA).

UK: Notification of ‘Circumstances’ Need Not Specify An Incident
Ajita Shah, December 20, 2013
The Court of Appeal in European Risk Insurance Company HF v Collette Ann McManus & Ors [2013] EWHC 18 (Ch), has upheld a High Court judge’s decisions to a) refuse declaratory relief and b) award the claimants 60% of the costs of the hearing, stating that the first instance judge had given...

EU: European Insurance and Occupational Pensions Authority (EIOPA) Reports on the Need for Regulatory Scrutiny of the ILS Market
Jane Elphick, December 19, 2013
In its latest report on the financial stability of the continent's insurance and pensions industry, the European Insurance and Occupational Pensions Authority (EIOPA) has expressed the need for close regulatory scrutiny of the insurance-linked securities (ILS) market to ensure it does not threaten...

An Indiana Court Allows a Bad-Faith Claim Even Though the Insurer Denied Coverage Correctly
Patrick Frye, December 18, 2013
Until last week, Indiana courts were strict in their treatment of an insurance bad-faith lawsuit. Not only must the plaintiff show ill will by the insurer, he must show that the insurer denied coverage wrongfully. E.g., Foster v. State Farm Fire & Cas. Co., no. 1:10-cv-20 (N.D. Ind. Aug. 17,...

California Adds New Hazardous Financial Condition Regulations
Barry Leigh Weissman, December 16, 2013
Effective January 1, 2014, the California Department of Insurance has added six new regulations to Title 10 of the California Code of Regulations. These can be found at Title 10, Chapter 5, Article 22 Sections 2598 through 2598.6. The purpose of the new regulations is to provide the Insurance...

UK: Supreme Court Refuses a Stay of Proceedings, Allowing Insurers to Pursue Damages for Breach of Settlement and Jurisdiction Agreements
Jane Elphick, December 13, 2013
The Alexandros T [2013] UKSC 70 concerned the application of Articles 27 and 28 of EC Regulation 44/2001 (the Brussels Regulation). Where proceedings are issued in more than one Member State and involve the same cause of action, Article 27 requires any court other than the first seised to stay...

California Court of Appeal, Third District Holds In-House Attorney May Be Liable for Malpractice for Failing to Warn Employee About Conflict
Nora A. Valenza-Frost,Barry Leigh Weissman, December 06, 2013
The California Court of Appeal, Third District, in Yanez v. Plummer, 2013 WL 5915639, Cal. Ct. App. 3d Dist., No. C070726 (Nov. 5, 2013) recently held that a former employee deposed in connection with a co-worker’s personal injury suit may pursue malpractice claims against in-house counsel...

The Seventh Circuit Puts an End to Litigation Attacking the Cost of Force-Place Insurance
Patrick Frye, November 25, 2013
In Cohen v. American Security Insurance Co., the Seventh Circuit rang the death knell on mortgagors’ lawsuits complaining about the cost of force-place insurance bought by the mortgagors’ bank. When a bank makes a loan and takes a mortgage, the mortgagor’s real estate often is...

UK: English High Court Denies Attempt to Relitigate Issues Already Decided in Arbitration Proceedings
Russell Anderson, November 25, 2013
In Arts & Antiques Limited v Peter Richards & Towergate London Market Limited & Zurich Insurance Plc [2013] EWHC 3361 (Comm), the Court struck out claims by Arts and Antiques Limited (A&A) which sought to relitigate issues that were subject to a binding arbitration award.

UK: English High Court Rules on the Application of a Follow the Settlements Clause
Mark Everiss,Sam Tacey, November 25, 2013
The case of Tokio Marine Europe Insurance Ltd v Novae Corporate Underwriting Ltd [2013] EWHC 3362 (Comm) concerned losses suffered by a Thai subsidiary of Tesco plc arising out of severe floods in Thailand in 2011. The Tesco subsidiary claimed for losses of approximately £125m under various...

The Federal Reserve Board Seeks to Cement its Status as a Global Regulator of Insurance; Applies for Membership with the International Association of Insurance Supervisors
Alfred J. Kritzman, November 06, 2013
On October 25, 2013, the Board of Governors of the Federal Reserve System (the “Board”) applied for membership with the International Association of Insurance Supervisors (“IAIS”), a voluntary membership organization of insurance supervisors and regulators from nearly 140...

California Appellate Court Issues Bad Faith Duty to Settle Opinion
Gregory D. Pendleton, October 29, 2013
On October 7, the California Court of Appeal, Second Appellate District, held that a liability insurer, in the absence of any demand or settlement offer from a third party claimant, need not initiate settlement negotiations or offer its policy limits, even where liability is clear and there is a...

Proposed Rule on Employer Information Reporting Requirements; Potential Fix for the "Doc Fix"
Leslie J. Levinson,Michaela ("Kayla") Tabela, September 24, 2013
On September 5, 2013, the U.S. Department of the Treasury and Internal Revenue Service jointly issued proposed regulations implementing the Affordable Care Act’s information reporting requirements for insurers and certain employers.