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27 Jun 2008, 11:22 am
Yesterday's National Underwriter reported that Governor Patterson announced earlier this week at a dinner hosted by Lloyd's of London, that New York may reprise the long-defunct New York Insurance Exchange as part of New York State's financial services modernization campaign. [read post]
20 Jun 2008, 9:29 am
Century Indemnity has impleaded the following insurers as third-party defendants in the case, indicating that they also provided CGL coverage to Boston Gas at some point during the contamination period: Certain Underwriters at Lloyd’s London Certain… [read post]
18 Jun 2008, 11:01 am
RIL's legal fees) and the value of the Stock.This decision follows the established decisions in Talbot Underwriting v Nausch Hogan [2006] 2 Lloyd's Rep 195 regarding a broker's duty and North British and Mercantile Insurance Company v Moffatt (1871) LR7 CP25 regarding the meaning of "responsible" in this context. [read post]
12 Jun 2008, 3:04 pm
Certain Underwriters at Lloyds, London (2008) 161 Cal.App.4th 184 (reported earlier in this blog). [read post]
27 May 2008, 8:36 am
In Steamship Mutual Underwriting Association (Bermuda) Limited v Sulpicio Lines Inc [2008] EWHC 914 (Comm), the English Commercial Court considered an application for declaratory and injunctive relief by Steamship Mutual (the Club) against its insured, Sulpicio, a Filipino company and a member of the Club for many years.After investigating two significant claims by Sulpicio, the Club declined cover for one and terminated the entry of all Sulpicio's vessels with effect from 1 December… [read post]
23 May 2008, 8:12 am
PROFESSIONAL LIABILITY - RESCISSION - DECLARATORY JUDGMENT RELIEF - DEFAULT JUDGMENTCertain Underwriters at Lloyd's of London v. [read post]
1 May 2008, 10:07 am
The MRG, consisting of representatives from brokers, insurers, senior figures from Lloyd's, the International Underwriting Association, the Lloyd's Market Insurance Brokers' Committee and the Lloyd's Market Association, has demonstrated the extent to which changes can be achieved when the market works together. [read post]
1 May 2008, 9:50 am
On 29 April 2008, Lloyd's issued a market bulletin emphasising managing agents' and their underwriters' duty to conduct insurance business at Lloyd's in full compliance with European and UK competition law.The bulletin highlights the following points: brokers must seek to place business as they find appropriate, having regard to the interests of their client. [read post]
28 Apr 2008, 4:38 pm
Underwriters at Lloyd’s, London, --- P.3d ----, 2008 WL 943502 (N.M. 2008), the counsel for the plaintiffs, wrongful-death beneficiaries, provided the insurer with a copy of the filings in a related probate proceedings. [read post]
21 Apr 2008, 7:00 am
Certain Underwriters at Lloyd’s, London (N.Y. [read post]
7 Apr 2008, 1:50 pm
Only in the world of insurance would we find the following said strictly matter-of-fact, with no laugh track expected or necessary:"Lloyd's of London warned yesterday that an absence last year of natural disasters or man-made accidents was putting pressure on firms to reduce premiums in 2008. [read post]
4 Apr 2008, 4:37 pm
Lloyds Underwriters Non-Marine Ass’n, 865 F.Supp 1516, 1526 (S.D.Fla.1994); Rentclub, Inc. v. [read post]
28 Mar 2008, 8:44 am
Certain Underwriters At Lloyd’s, No. [read post]
26 Mar 2008, 6:35 pm
Certain Underwriters at Lloyd’s, London, __ Cal.App.4th __ (2008) [2008 WL 763483] (4th District - San Diego). [read post]
24 Mar 2008, 9:20 am
Certain Underwriters at Lloyds Severally Subscribing Policy Number DP359504 v. [read post]
11 Mar 2008, 2:11 am
Certain Underwriters at Lloyds London, No. 06cv186, 2006 WL 3538862, *2 (S.D.Miss. [read post]
10 Mar 2008, 5:09 am
Some of the key proposals are to: ensure a streamlined regulatory approach by eliminating rule duplication where the FSA and Lloyd's frameworks overlap; relax the rule requiring the chairman and deputy chairman to be working members of Lloyd's so that non working members of the Council can fill these posts and include outsiders on disciplinary committees (Please click here to see previous post on this issue); liberalise the Lloyd's market by allowing… [read post]
3 Mar 2008, 4:21 am
Certain Underwriters at Lloyd's, et al. v. [read post]
29 Feb 2008, 12:16 am
DISTRICT COURTSOUTHERN DISTRICT OF NEW YORKInsurance LawPort Authority Loses Bid for Added Payoff for WTC; Lessee Removed From Authority's Insurance CoverageCertain Underwriters at Lloyd's v. [read post]
21 Feb 2008, 12:52 am
On this point, Tomlinson J referred to FNCB v Barnet Devanney [1999] Lloyd's Rep IR 459 at 468 and to Talbot Underwriting v Nausch Hogan & Murray [2006] 2 Lloyd's Rep 195 at 218 that established that it was the duty of a broker to obtain, as far as is possible, insurance coverage which clearly meets his client's requirements. [read post]
