THE LATEST NEWS

Reinsurance & Arbitration

Life Insurer Accused of Using Reinsurance Transactions to Defraud Investors

An Alabama man has filed a purported class action accusing Security Benefit Life Insurance Co. and its parent company of entering into reinsurance transactions designed to make the insurer appear financially healthy to investors while selling them low-performing annuities.

Hip & Knee Implant Litigation

Corin Urges Dismissal of Amended Complaint in Fla. Federal Cormet Hip Case

Corin Group is urging a Florida federal judge to dismiss claims of design defect and failure to warn in a hip replacement case, arguing they are preempted because they are not based on state law regulations that parallel federal law.

Reinsurance & Arbitration

National Union Urges N.Y. Judge to Send $901,143 Reinsurance Dispute to Arbitration

National Union Fire Insurance Company of Pittsburgh is urging a New York federal judge to require two reinsurers to submit to an arbitration in which it seeks reimbursement for an underlying settlement of asbestos claims asserted against PPG Industries Inc.

Hip & Knee Implant Litigation

Zimmer Moves for Summary Judgment in Pa. Federal Kinectiv Hip Implant Lawsuit

Zimmer Inc. has moved for summary judgment in a case in which a woman alleges her Kinectiv Technology hip implant system with a VerSys femoral head was defectively designed and manufactured.