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- Title
RECENT DEVELOPMENTS IN EXCESS INSURANCE, SURPLUS LINES INSURANCE, AND REINSURANCE LAW.
- Authors
Anderson, Roberta D.; Kotula, Michael A.; Mason, Richard C.; Jackson, Lawrence D.; Potts, James R.; Johnson, Daniel R.; Gantman, Stephanie P.; LaBarbera, John D.; Karlinsky, Fred E.; Fidei, Richard J.; Kovalcin, Krista S.; Billingham, Katherine L.; King, Celeste M.; Walker, Douglas W.; Schmidt, Mark
- Abstract
The article discusses the developments in surplus lines insurance, excess insurance and reinsurance law in the U.S. It underlines the Nonadmitted and Reinsurance Reform Act of 2009 which reduces the complexity of tax regimes and insurance regulations. It emphasizes the passage of the H.R. 2571, otherwise known as the Nonadmitted and Reinsurance Reform Act (NRRA), which is aimed to clarify regulatory issues concerning surplus lines and reinsurance. It mentions several court cases involving insurance law including "Royal Indemnity Co. v. C.H. Robinson Worldwide Inc.," "AstenJohnson Inc. v. Columbia Casualty Co." and "Burlington Insurance Company v. Fluid Services Inc."
- Subjects
UNITED States; INSURANCE law; EXCESS &; surplus lines insurance; REINSURANCE laws; ROYAL Indemnity Co.; C.H. Robinson Worldwide Inc.; COLUMBIA Casualty Co.; ASTENJOHNSON Inc.; BURLINGTON Insurance Co.; FLUID Services Inc.; ACTIONS &; defenses (Law); LAW
- Publication
Tort Trial & Insurance Practice Law Journal, 2010, Vol 45, Issue 2, p329
- ISSN
1543-3234
- Publication type
Article