Financial Institutions

Financial institutions face a unique set of business challenges, including regulatory reform, tax change, data security, and macroeconomic trends. The burden of managing these risks can be greatly eased by legal counsel armed with the requisite technical and industry knowledge. Robinson+Cole lawyers have this knowledge, and deploy it, coupled with a multidisciplinary approach, to help leading finance and insurance companies in connection with their critical transactions, litigation, and regulatory matters, including the following:

    • News
      • April 20, 2017

        Insurance Group Lawyers Present on Undisputed Amounts and Partial Payments

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          Insurance Group Lawyers Present on Undisputed Amounts and Partial Payments

          Insurance Group lawyers Daniel F. Sullivan and Laura Farach presented at the Spring Meeting for the ABA Tort Trial & Insurance Practice Section’s Property Insurance Law Committee in Orlando, Florida on April 7, 2017. The meeting focused on the timing, triggers, and circumstances surrounding first-party property insurance payments. Mr. Sullivan and Ms. Farach’s presentation, “Let’s Agree to Agree: Undisputed Amounts and Partial Payments,” tackled the largely undefined standards for when, and under what circumstances, a policyholder is entitled to interim payment of undisputed amounts during an ongoing claim adjustment under the laws of all 50 states. They also discussed the considerations that factor into an insurer’s decision whether to issue such payments. The conference was attended by policyholder and defense property insurance lawyers from around the country, including Robinson+Cole’s own Gerald P. Dwyer Jr. and Stephen O. Clancy.

      • March 15, 2017

        Robinson+Cole Lawyers Conduct Roundtable on Claims Litigation

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          Robinson+Cole Lawyers Conduct Roundtable on Claims Litigation

          Health Law Litigation Team lawyers Patrick W. Begos and Theodore J. Tucci recently conducted a roundtable program for in-house counsel for a major group disability insurer handling claim litigation in the group benefits area. The program was on “Risk Management and Litigation Issues Arising Out of the January 2017 Amendments to ERISA Disability Claim Regulations.” The new regulations were issued by the state Department of Labor, and the substantive changes go into effect in January 2018. The new rules impose significant changes on benefit plans and insurers in the claims-handling processes that will govern claims by employees for disability benefits. Plans and insurers are beginning the process now to formulate and implement claim operation changes in order to be ready to comply with the new requirements. 

      • March 1, 2017

        Insurance Lawyer is Panelist at Bad Faith Litigation Symposium

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          Insurance Lawyer is Panelist at Bad Faith Litigation Symposium

          Gerald P. “Kip” Dwyer Jr., chair of Robinson+Cole's Insurance + Reinsurance Group, was among the panelists at the “Annual Insurance Law Symposium: Bad Faith Litigation,” which took place on February 23, 2017, at the University of Connecticut School of Law in Hartford. The event was co-hosted by the Connecticut Bar Association’s Insurance Law Section and the UCONN School of Law’s Insurance Law Center.  Mr. Dwyer and his fellow panelists discussed what bad faith means in 2017 in Connecticut and around the country. The event focused on the historical development of common law bad faith,  the current legal standards applicable to common law and statutory bad faith, challenges of proving bad faith at trial, and the protections afforded (or not afforded) by the attorney-client privilege in claim-handling disputes. 

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