HB Litigation Conferences

Roundtable Recap: Financial & Government Policy Expert Says Path Out of ‘Depression’ Requires Major Paradigm Shift with Significant Investment in Children

Robert Dugger Spoke at the Insurance Insolvency & Reinsurance Roundtable on April 24 on a Session Called “Financial Issues Overview:  How Long Will the Ripple Effect Continue?” Advance Version of Upcoming Press Release BERWYN, PA. – April 30, 2009 – Global finance and government policy expert Robert H. Dugger moved an audience of 200 reinsurance executives and attorneys [...]

Nelson Levine de Luca & Horst Tapped for Swine Flu Teleconference for Insurance Industry

Containing Insurance Losses When Pandemics Strike Just hours after the World Health Organization warned that a Swine Flu or A/H1N1 pandemic is imminent, we at HB selected Nelson Levine de Luca & Horst (www.nldhlaw.com) to chair a teleconference the week of May 11.  The exact date and time will be announced tomorrow.   Given the important role [...]

Mayer Brown Attorneys Offer Moment of Levity During 16th Annual Insurance Insolvency & Reinsurance Roundtable

Cliff Schoenberg and Kenneth Pierce (not pictured at left) of Mayer Brown LLP channel Abbott and Costello for reinsurance crowd in Scottsdale, re-created here for your viewing pleasure.

Insurance Coverage Litigation Arising from the Financial Crisis

Insurance Coverage Litigation Arising from the Financial Crisis Recorded: March 18, 2009 Location: The Harvard Club of New York City Co-Chairs: Walter Andrews, Esq., Hunton & Williams LLP, McLean, VA Matthew Jacobs, Esq., Jenner & Block LLP, Washington, DC Video Package $399 Audio Package $299 You can still benefit from our programs! Video and Audio [...]

Starting a New Law Practice: Combine the ‘Tried and True’ With Technology Age Techniques to Jumpstart Your Brand

By Tom Hagy Lawyers may not realize it, but there is much they can do quickly and relatively inexpensively to get their name out there and establish a new brand.  This is especially important for lawyers finding themselves out of work due to large firm staff reductions or even law firm dissolutions.   According to one [...]

April 2009 | Volume 1, Issue 2

Regulatory Modernization: Reinsurers Need a New Paradigm Teresa Zink interviewed reinsurance consultant and arbitrator Debra Hall on why she believes regulation is one of the most critical issues facing the reinsurance industry. The Case for Mediation of Reinsurance Disputes Roundtable co-chair Neal Moglin urges insurers and reinsurers to take a fresh look at mediation as [...]

Some sobering statistics: Insurer costs are likely to exceed $4.5 billion in 2009 on sub-prime claims alone; legal costs associated with the Madoff scandal could top $1 billion with a conservative estimate of $50 billion in investor losses; year end reports show some insurers paid out more in claims in 2008 than they took in; and many commentators believe this is just the tip of the iceberg.

What if there were a way to significantly reduce the time and expense required to resolve conflicts with business partners, while also maintaining control of the process and outcome in a way that could actually strengthen the relationship in the long run? There is, and insurance and reinsurance industry veteran Peter A. Scarpato urges the industry to consider mediation.

Part VII insurance portfolio transfers, authorized under the U.K. Financial Services and Markets Act of 2000, are gaining in popularity with insurers seeking to transfer old policies or lines of business to a separate insurer to remove certain liabilities from their books. This article briefly discusses some of the key issues for policyholders presented by Part VII transfers. For purposes of this article, we sometimes refer to the insurer that is transferring the insurance as “OldCo, and the insurer that is acquiring the insurance as “NewCo.”

When asked to speculate on current issues that may spark future conflicts for insurers, litigator Joyce Wang points to the financial crisis and global warming as potential areas of dispute. What is unclear is exactly what the claims might look like, Wang says.