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Category Archives: Reinsurance

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Massachusetts Reinsurance Counsel To Gather In Boston

Posted in Reinsurance
The fifth annual claims symposium of the Massachusetts Reinsurance Bar Association is set for October 3 at the downtown Harvard Club.  The symposium, which is annually attended by about 100 reinsurance claims executives and outside counsel, has the theme of The Future Is Now:  Reinsurance in the Age of Superstorms, Cyber Loss and Other Emerging Risks.… Continue Reading

Upcoming Massachusetts Reinsurance Symposium

Posted in News, Reinsurance
The Massachusetts Reinsurance Bar Association (MReBA), of which I am the Secretary, is hosting its third annual claims symposium at the Harvard Club in Boston.  Registration is $150 for industry people and $250 for others.  To register, go to the MReBA web site:  www.mreba.org This year’s keynote speaker will be Tracey Laws, Senior Vice President… Continue Reading

Reinsurance Claims Consultant Denied

Posted in Recent Cases, Reinsurance
Even though Lumbermen’s reinsurers rebated over $2 million in premiums to LMC after its reinsurance recoveries consultant alerted it to the fact that a change in the manner in which Kember was booking reinsurance premiums was contrary to procedures recommended by the NAIC, the Seventh Circuit has ruled in Indiana Lumbemens Mut. Ins. Co. v.… Continue Reading

Connecticut Supreme Court Analyzes “Any One Accident” Reinsurance Wordings

Posted in Reinsurance
The Connecticut Supreme Court has breathed new life into Hartford’s efforts to obtain reimbursement from its reinsurers for $1.15 billion that it paid to settle Western McArthur’s asbestos claims.  In Hartford Acc. & Ind. Co. v. Ace-American Reinsurance Co., No. SC 17625 (Conn. December 25, 2007), the court declared that a Superior Court judge should… Continue Reading