Accelerated Closure: Where There’s a Will There’s a Way

The imminent closures of the insolvent Westmoreland Casualty Company and Rockwood Insurance Company highlight how seemingly endless and intractable issues emanating from insurance and reinsurance policies that were written long ago (legacy issues), and which have been...

A Distinction With a Clear Difference

The Rhode Island Insurance Business Transfer process is not the equivalent of the UK’s Part VII Transfer. Why do the critical differences risk undermining the credibility of the IBT   process and how can this be resolved? With no clear regulatory time limit for moving...

One Size Does Not Fit All

Andrew Rothseid of RunOff Re.Solve LLC explores the diverse and evolving options for legal and financial finality of US legacy risks in the Run Off & Restructuring Yearbook and Directory 2017.  A copy of the article can be accessed...