American Natl.

1. Insurers Win Reversal Of Texas Stop-Loss Classification

Thursday, Dec 17, 2009

Handing a win to American National Insurance Co., a Texas appeals court has rejected the state insurance department’s classification of backstop insurance for self-funded employer benefit plans, allowing the products to be considered “reinsurance” rather than “direct insurance” and thus exempt from state regulation.

2. Insurer Securities Suit Against Fannie Mae Revived

Wednesday, Nov 25, 2009

A federal judge has said he will reconsider an American National Insurance Co. subsidiary's securities fraud claims against ex-Fannie Mae officers that had been dismissed after being consolidated with a similar class action.

3. Insurance Cos. Clash Over Gift System Patent

Thursday, Jul 02, 2009

Equitable Life & Casualty Insurance Co. has accused rival American National Insurance Co. of infringing a patent covering a system that releases life insurance payments as gifts to designated beneficiaries.

4. Insurance Companies On Offense

Tuesday, Apr 21, 2009

Whether insurers will continue to be successful as plaintiffs is yet to be seen, but given the results of AIG v. Banc of America Securities, and given that so many parties are victims in the current financial meltdown, bringing suit may be a solid option, say Thomas B. Hatch, Christopher P. Sullivan and Stacey P. Slaughter of Robins Kaplan Miller & Ciresi LLP.

5. American National Sues Over Lehman Losses

Friday, Feb 06, 2009

American National Insurance Co. and certain of its affiliates have sued former Lehman Brothers Holdings Inc. officers, directors and underwriters over $21 million they lost as a result of the bankrupt investment bank's subprime exposure.