New reinsurance-related and arbitration developments from Carlton Fields
In a Special Focus analysis, we profile the long-awaited Supreme Court decision in AT&T v. Concepcion, which holds that the Federal Arbitration Act prohibits states from conditioning the enforceability of an arbitration agreement on the availability of class wide arbitration procedures. AT&T v. Concepcion, No. 09-893 (US Apr. 27, 2011).
This post written by John Black.
The recent earthquake and tsunami in Japan have roiled the reinsurance markets. In this Special Focus article, John Pitblado examines some of the ensuing bond issues the industry will want to watch carefully.
This post written by John Pitblado.
Those in the insurance sector may have a much better idea of how the Dodd-Frank Act may affect them soon, as the implementation of the Act continues, and rulemaking is starting to specify some of the requirements of the Act. With this post, we offer a Special Focus article which provides a high level review of relevant recent activities. For further detail, or for advice on particular needs, contact a member of our blog staff.
This post written by Rollie Goss.
What happens when an arbitrator is asked to further arbitrate an alleged fraud committed in a prior arbitration in which the same arbitrator presided? In this Special Focus, John Pitblado examines a recent Seventh Circuit decision holding that knowledge acquired in a prior reinsurance arbitration about an alleged failure to disclose material documents did not render the arbitrator impartial, since an arbitration need not follow the pattern of jury trials.
This post written by John Pitblado.
New York recently joined Florida in adopting a regulation approving reduced collateral for certain reinsurance agreements based largely upon the financial strength of the reinsurer. In this Special Focus article, Carlton Fields partner Anthony Cicchetti provides an analysis of the New York regulation, which takes effect January 1, 2011.