Insights on Insurance & Reinsurance
106 total results. Page 1 of 5.
The ongoing Los Angeles, California, wildfires have caused widespread devastation, forcing residents to evacuate, and have destroyed homes and communities. President Joe Biden approved a Major Disaster Declaration in response to the wildfires in Los Angeles County on January 8.
ArentFox Schiff has been nationally recognized with 35 top rankings in the 2025 edition of Best Law Firms®, which honors firms for professional excellence based on consistently positive ratings from clients and peers.
On October 16, the New York Department of Financial Services (DFS) issued a circular letter addressing cybersecurity risks related to the increasing use of artificial intelligence (AI) in relation to insurers, insurance professionals, and banks.
ArentFox Schiff is pleased to announce that 135 attorneys have been recognized by The Best Lawyers in America 2025, with two attorneys highlighted as “Lawyers of the Year” and 70 attorneys listed as “Ones to Watch.”
ArentFox Schiff served as legal counsel to the controlling owner of Carlisle Management Company SCA, a leading Luxembourg-based investment manager with approximately $2 billion in assets under its management, in connection with its definitive agreement to be acquired by Abacus Life, Inc.
ArentFox Schiff counseled the creation of Milford Street Association Captive Insurance Company, a first-of-its-kind captive insurance company that will provide insurance only to New York affordable rental buildings that have a regulatory agreement limiting rents and receive public financing.
On May 30, the US Supreme Court, in National Rifle Ass’n of Am. v. Vullo, 602 US __ (2024), unanimously held that the National Rifle Association (NRA) plausibly alleged in a complaint that it filed in federal court that former Superintendent Maria Vullo of the New York State Department of Financial Services (DFS) violated the First Amendment of the US Constitution by coercing regulated entities to terminate their business relationships with the NRA in order to punish or suppress gun-promotion advocacy.
PHL Variable Insurance Company (PHL) and its subsidiaries, Concord Re, Inc. and Palisado Re, Inc., have been placed into rehabilitation as of May 20, by order of the Superior Court of the State of Connecticut, Judicial District of Hartford.
ArentFox Schiff Associate Anna Mandel will be speaking on Expert Webcast’s upcoming Trends and Hot Topics in Business Interruption Insurance Coverage panel.
On February 21, Superintendent Adrienne A. Harris of the New York State Department of Financial Services (DFS) unveiled a proposed regulation, 11 NYCRR 38.
After seemingly bouncing back from the challenges posed by the COVID-19 pandemic and related labor, supply chain, and governmental mandate issues, the hospitality industry experienced a year of volatility in 2023.
ArentFox Schiff is pleased to announce the publication of the US insurance industry’s authoritative guide to regulation by Senior Counsel Richard Liskov.
ArentFox Schiff has been awarded 62 top rankings in the 2024 edition of Best Law Firms® which recognizes firms for professional excellence based on consistently positive ratings from clients and peers.
Andrew Dykens was quoted by Life Risk News discussing the impact of Columbus Life Insurance Co. v. Wells Fargo Bank N.A., a recent North Carolina court decision, on the life settlement industry and what it means for investors in the sector.
On September 15, 2023, New York Governor Kathy Hochul signed into law legislation (S.5959-B/A.5718-B), which allows out-of-state “risk retention groups” registered in New York State to offer automobile insurance coverage to 501(c)(3) not-for-profit organizations in the state.
ArentFox Schiff is pleased to announce that 130 attorneys have been recognized by The Best Lawyers in America 2024, with an additional four attorneys highlighted as “Lawyers of the Year” and 69 attorneys listed as “Ones to Watch.”
ArentFox Schiff represented a securities intermediary in a suit brought by an insurance company in federal court in Phoenix challenging the validity of a $2.5 million life insurance policy owned by the securities intermediary on behalf of an investor.
The New York State Department of Financial Services (DFS) has set forth a revised proposed second amendment to 11 NYCRR Part 500, the regulation regarding cybersecurity requirements for financial services companies (the Second Amendment).
Almost all states promulgate regulations regarding “diligent efforts” that licensed excess line brokers must perform while wishing to offer permissible coverage from unlicensed insurance companies in that state’s market, when no coverage or an insufficient amount of insurance is available.
On March 17, 2023, the US Department of Housing and Urban Development reinstated a 2013 discriminatory effects rule regarding liability under the Fair Housing Act (42 U.S.C. 3601 et seq.). In doing so, HUD rescinded a 2020 rule regarding proving liability under the Act.
ArentFox Schiff is pleased to announce the addition of Partner Huhnsik Chung to the firm’s Complex Litigation and Insurance & Reinsurance groups. Based in the New York office, Huhnsik brings more than three decades of experience advising clients nationally and internationally.
Harvard University must pay its own defense costs in the ongoing legal challenges to its affirmative action program after losing a battle with its insurance carrier, Zurich American Insurance Company (Zurich).
ArentFox Schiff has been recognized with 53 top rankings in the 2023 edition of US News – Best Lawyers® “Best Law Firms.”
On October 20, 2022, the New York Court of Appeals ― the highest court in New York ― issued its opinion in In the Matter of Independent Insurance Agents and Brokers of New York Inc., et al. v. New York State Department of Financial Services, et al.
On October 25, 2022, the Supreme Court of Georgia answered a certified question from the Eleventh Circuit Court of Appeals concerning Georgia’s insurable interest statute, OCGA § 33-24-3 (1995).