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Thursday, March 4, 2021 Thomas Guastello v. AIG Specialty Insurance Company, — Cal.Rptr.3d –, 2021 WL 650878 (Cal. Ct. App., Feb. 19, 2021), Fourth Appellate District Court of Appeal, Case No. G057714. Various stakeholders in the Pointe Monarch housing development in Dana Point, California, accused subcontractor C.W. Poss Inc. (“Poss”) of negligently designing and constructing retaining walls.  One such party, Thomas Guastello, sued Poss for damage to a perimeter wall in the backyard of Guastello’s property.  According to Guastello, in January 2010, a retaining wall clos...

To embed, copy and paste the code into your website or blog: As evidenced by the unprecedented arctic weather last week and the resulting fallout, emergency construction services are essential. Freezing temperatures, hurricanes, tornadoes and other natural disasters lead to a high demand for remediation and reconstruction services. Contractors are often best positioned to provide the necessary emergency construction services to rebuild businesses, residences and communities. Emergency contractors must always be mindful of certain laws that impact how they conduct business after a disaster. Un...

Tuesday, February 23, 2021 On February 18, 2021, California Insurance Commissioner Ricardo Lara announced a revision to proposed regulations regarding the use of affinity groups in insurance rating. The commissioner will hold a virtual workshop on the revised draft on March 23, 2021, at 1:00 pm PDT to give stakeholders another opportunity to comment on the proposal. The commissioner explained that the purpose of the regulations is to require insurers to give greater access to auto insurance discounts for low-income drivers and people of color. IN DEPTH The proposed regulations app...

Thursday, February 18, 2021 Under new rules put forth by the National Association of Insurance Commissioners’ (NAIC) Insurance Data Security Model Law and adopted by the Michigan legislature in 2018, Michigan-based insurance licensees are now subject to additional requirements relating to data security as of Jan. 20, 2021. The new rules are codified as chapter 5A of the Insurance Code (the "Act") and focus on regulating "licensees," which are defined as "any licensed insurer or producer required by DIFS to hold a certificate of authority, such as life & health, property & casualty...

To print this article, all you need is to be registered or login on Mondaq.com. Originally Published in Chambers Insurance & Reinsurance Guide 2021: Bermuda This guide provides the latest information on sources of insurance and reinsurance law, insurance and reinsurance regulatory bodies and legislative guidance, overseas-based insurers or reinsurers, M&A activity relating to insurance companies, alternative risk transfer (ART) transactions and insurtech developments. 1. BASIS OF INSURANCE AND REINSURANCE LAW 1.1 SOURCES OF INSURANCE AND REINSURANCE LAW The principal l...