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|Seibels Announces Centauri Insurance’s Geographic and Product Expansion|
Colodny Fass P.A.;
November 27, 2015, previously published on November 19, 2015COLUMBIA, S.C.--(BUSINESS WIRE)--The Seibels Bruce Group, Inc., (Seibels), an insurance services provider of business process outsourcing solutions, and Centauri Insurance, a seasoned insurance provider using Seibels' services, are pleased to announce that Centauri Insurance has recently expanded...
|Minnesota Commerce Commissioner Orders Insurers to Stop 'Illegal Pricing Practice'|
Colodny Fass P.A.;
November 27, 2015, previously published on November 16, 2015Minnesota Commerce Commissioner Mike Rothman is ordering insurers doing business in Minnesota to stop the practice of "price optimization" in setting rates for auto and homeowners insurance, the Minnesota Department of Commerce ("MDOC") reported today, November 16, 2015.
|Reporting Claims or Potential Claims|
Ashley G. Moss, James W. Walker; Vandeventer Black LLP;
November 27, 2015, previously published on November 2015All professional liability insurance policies require the insured to report claims timely as a condition to coverage. This is especially important at the time for renewal of insurance coverage. When a policy is being renewed, the application will ask if the insured is aware of any claims or...
|Fresh Tracks: Vermont Supreme Court's First Unitary Ruling Separates Insurer from Ski Resort|
Elizabeth Cha, Timothy A. Gustafson; Sutherland Asbill & Brennan LLP;
November 26, 2015, previously published on November 25, 2015In its first decision on combined unitary reporting since Vermont adopted combined reporting in 2006, the Vermont Supreme Court held that the AIG insurance group was not unitary with its wholly owned ski resort subsidiary, Stowe Mountain Resort. Applying the U.S. Supreme Court’s test for...
|NAIC Report: 2015 Fall National Meeting|
Eric A. Arnold, B. Scott Burton, Eric R. Fenichel, Ling Ling, John S. Pruitt; Sutherland Asbill & Brennan LLP;
November 26, 2015, previously published on November 25, 2015The National Association of Insurance Commissioners (NAIC) held its 2015 Fall National Meeting from November 17 through November 22 at National Harbor, Maryland. Notwithstanding the gigantic size of the Gaylord National Resort and Convention Center, the theme of this meeting might well have been...
|Does Pennsylvania’s Act 86 Require an Insurer to Provide Notice to an Insured Before Policy Expiration?|
Jane Ennis Kane; Marshall Dennehey Warner Coleman & Goggin, P.C.;
November 25, 2015, previously published on December 1, 2015Recently, the Philadelphia Court of Common Pleas granted summary judgment to an insurer and its agent in an action by a former insured seeking coverage for a fire loss under a commercial property insurance policy because the policy expired before the loss occurred, and the policy was not renewed....
|Navigating the Uncertain Waters of Florida Proposals for Settlement|
Jessica L. Lanifero; Marshall Dennehey Warner Coleman & Goggin, P.C.;
November 25, 2015, previously published on December 1, 2015The jury has just returned a verdict in your favor. You find yourself tasked with evaluating a proposal for settlement you served months or even years ago. Now an important question arises: Is the proposal for settlement valid and enforceable? Given recent legal developments in Florida, the courts...
|Federal Abstention in Sixth Circuit Declaratory Judgment Coverage Litigation|
David J. Oberly; Marshall Dennehey Warner Coleman & Goggin, P.C.;
November 25, 2015, previously published on December 1, 2015As the sophistication and complexity of insurance contracts continues to rise, disputes between insurers and their insureds regarding the existence and/or extent of coverage have become much more commonplace. While the majority of insurance coverage disputes are creatures of state law, the Federal...
|A (Not-So) Significant Change in Ohio Subrogation Law|
Matthew Donald Hamm; Marshall Dennehey Warner Coleman & Goggin, P.C.;
November 25, 2015, previously published on December 1, 2015For those practicing in the realm of personal injury litigation, dealing with subrogation interests is simply a fact of life. Accordingly, changes in this area of law should be closely monitored and understood by both counsel defending injury claims as well as claims professionals adjusting and...
|Treasury and U.S. Trade Representative Notify Congress of Intent to Initiate Negotiations on Covered Agreement With EU Regarding U.S. Equivalence|
Eric A. Arnold, Brian Barrett, B. Scott Burton, Eric R. Fenichel, John S. Pruitt; Sutherland Asbill & Brennan LLP;
November 23, 2015, previously published on November 22, 2015On Friday, November 20, 2015, the U.S. Department of the Treasury and the U.S. Trade Representative (USTR) notified the chairs of the U.S. House Financial Services Committee, House Ways and Means Committee, Senate Banking Committee and Senate Finance Committee of their intent to initiate...