Tag Archives: jurisdiction

Eleventh Circuit Holds That Face Value of Policies Establishes the Amount-In-Controversy for Equitable Claims

The life insurance industry has seen a significant number of class actions brought against it for allegedly wrongful conduct in increasing the cost of insurance (“COI”) component of the policy premium.  In many of these cases, the life insurance company will remove a state case to federal court under the Class Action Fairness Act (“CAFA”).  … Continue Reading

Collateral Effect of US-EU Covered Agreement on Reinsurance Disputes

With the signing of the Bilateral Agreement on Prudential Insurance and Reinsurance Measures (the “Covered Agreement“), the EU and US have embarked on a five-year road towards cooperation on insurance and reinsurance competition, supervision and regulation.  While the main purpose of the Covered Agreement was leveling the playing field for international reinsurers and agreeing on cooperation and information … Continue Reading
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