Allegations of Clergy Misconduct
In the wake of the recent release of another investigating grand jury report regarding abuse of minors by clerics, Pennsylvania state lawmakers have introduced a proposal to revive previously...
View ArticleDo the Right Thing
It was a record breaking attendance at the AIRROC Spring Membership Meeting on March 5 & 6. Hosted at the offices of Norton Rose Fulbright in New York City, members held meetings and also heard...
View ArticleThe Weather was HOT and so was AIRROC’s Summer Membership Meeting…
As we do annually, AIRROC members met at the offices of Norton Rose Fulbright to work on their goals and also to take in some new topics offered by our Education Committee and partner firms. First up...
View ArticleNew York State Department Of Financial Services “Expects” Insurers To...
New York urges insurers with potential exposure to legal claims stemming from the Child Victims Act to act promptly and in good faith. The New York Child Victims Act (“CVA”) was signed into law on...
View ArticleCongress Takes First Step to Banking on Cannabis
High hopes as the US House of Representatives passes historic marijuana reform legislation which allows banks and other financial institutions to work with state-legal cannabis industry. Currently,...
View ArticleStates Open The Window For Sex Abuse Claims
New Jersey, California and North Carolina join list of jurisdictions that have enacted “revival windows” for time-barred sex abuse claims. New Jersey “revival window” for time-barred sex abuse claims...
View Article2010-2019: A Landmark Decade of U.S. Billion-Dollar Weather and Climate...
Adam Smith of the National Oceanic and Atmospheric Administration (NOAA) crunches the data, which reveals a worrisome unprecedented trend of billion-dollar weather and climate disasters. Read full...
View ArticleWill Climate Change Impact Reinsurance Rates?
The reinsurance market has the potential to serve as a bellwether for climate change. Yet despite the frequency and severity of catastrophe losses linked to climate change, capacity remains...
View ArticleStranded Assets from Climate Change – Should Insurance Companies be Alarmed?
Key Coleman discusses the impact climate change could have on the value of insurance companies’ investment portfolios. Climate change from the burning of fossil fuels has many implications for the US...
View ArticleIs COVID-19 One “Event”?: Reinsurance Aggregation
As insurers and reinsurers evaluate their potential Covid-19 exposure, we look at the scope for aggregating Covid-19 losses on the basis of some of the market’s more common aggregation language. Read...
View ArticleThe Workers Compensation Impacts of 2019 Coronavirus (COVID-19)
As the Coronavirus threat increases, so do the questions associated with workers compensation claims. Broadspire, Crawford’s global TPA, has produced a white paper which examines the background of...
View ArticleTake Aways From The NAIC Special Session on COVID-19 (Public Portion)
Locke Lord provides a quick study of the key issues discussed during the recent NAIC Special Session on COVID-19. Read full article here –...
View ArticleLegacy-market relief for COVID-19 woes
The legacy market is seeing an uptick in business as insurers seek to proactively mitigate the impact of the COVID-19 crisis....
View ArticleThe Rise of Runoffs
After transforming its reputation and broadening its scope, the run-off market could play an important role in the wake of COVID-19....
View ArticleNavigating through the post-COVID 19 minefield
From cost control and claims handling to compliance and capital management, the COVID-19 outbreak has turned processes and procedures on their head....
View ArticleSocial Unrest: Covered or Not?
Corporate Partner Dentons highlights the legal issues in assessing coverage for vandalism, looting, and related business interruption and civil authority claims. Legal Information To say we are living...
View ArticleRansomware’s Scary – Be Wary and Ready to Parry
The education portion of AIRROC’s Spring 2022 Membership Meeting commenced with an informative panel discussion on the evolving threat of ransomware; a topic that has dominated headlines over the past...
View ArticleClaims Update: The Opioids Epidemic and “All Sums” Claims Presentations
The afternoon education program of the Spring Membership Meeting included a claims update on topics touched upon before but, nonetheless, remain significant issues impacting the insurance industry and...
View ArticleCivil Human Trafficking Lawsuits: A Growing Risk for Insurance
Susan Aldridge Partner at Norton Rose Fulbright (US) LLP and Marc Penchansky, a Partner at White & Williams, LLP presented on the following topic: Human Trafficking Lawsuits: A Growing Risk for...
View ArticleCyber Hype…
The last session of the 2023 Summer Membership Meeting education program was a presentation by Kenneth K. Suh and Alexander R. Cox of Locke Lord entitled Privacy And Cyber Exposures From The Collection...
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