The absence of insurance regulations to limit or deter unlawful cost-of-insurance (“COI”) increases for universal life insurance (“ULI”) policies has resulted in a flurry of class action activity against carriers.
On June 25 the federal Department of Housing and Urban Development announced that it would re-codify its 2013 regulation subjecting the practices and policies of homeowners insurers to scrutiny under a disparate impact standard as a means of enforcing the Fair Housing Act.
Schiff Hardin LLP is pleased to announce that five practice areas have been ranked in Chambers USA 2021 guide, including a new nationwide ranking for Energy: Electricity (Transactional).
The New York Department of Financial Services (DFS) became the first US financial regulator to issue climate-related guidance intended to require insurers to manage the complex financial risks of climate change.
In addition to dramatically changing the policies of former President Trump on the pandemic, the economy, immigration, and other key issues, the Biden Administration is likely to substantially increase the federal government’s oversight of the insurance industry in at least two ways. First, by regul
On January 19, 2021, the U.S. District Court for the Northern District of Ohio Eastern Division ruled in Henderson Road Restaurant Systems, Inc. dba Hyde Park Grille, et al. v. Zurich Am. Ins. Co., No. 1:20-cv-01239, that a commercial insurance policy business income coverage form issued by Zurich A
Our initial alert highlighted various hospitality and service industry businesses suing their insurers to recover for losses arising out of closure and stay-at-home (Civil Authority) orders.
The Arch case provides a possible roadmap for policyholders in the United States to maximize insurance payout due to COVID-19 and the impacts of government restrictions on businesses.
Schiff Hardin LLP has received 46 top-tier rankings in the 2021 edition of U.S. News – Best Lawyers® “Best Law Firms,” nationally recognizing the firm’s premier practices.
Join Partner James Westerlind as he and insurance industry leaders discuss how the pandemic has created unprecedented financial and operational challenges for numerous sectors and changed how business is conducted.
Partner Jule Rousseau was a featured panelist at The Deal’s Life Settlements Seminar that explored the latest market updates including the impact of COVID-19 on senior insureds, the continued increase in institutional investment in the market, merger due diligence, and current legal issues.
After several false starts, New Jersey is on the verge of passing legislation aimed at prohibiting stranger-originated life insurance (STOLI) that while broad in scope, may have little practical impact.
Arent Fox is pleased to announce that Insurance & Reinsurance Partner Jule Rousseau was re-elected Secretary of the European Life Settlement Association’s (ELSA) Executive Committee for the 2020/2021 term at this year’s annual general meeting.
Schiff Hardin LLP is pleased to announce that 59 attorneys have been listed in the 2021 edition of The Best Lawyers in America, with six attorneys also being named a “Lawyer of the Year” in their respective areas of practice and location.
Schiff Hardin is pleased to announce that five practice areas have been ranked in Chambers USA 2020 guide, up one from 2019 with a first-time ranking for Energy & Natural Resources.
Join us for a discussion on the key legal issues related to COVID-19 that international companies need to consider and watch out for. During this webinar, we will discuss the latest developments in the employment, international trade, insurance, and the CARES Act.