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NAIC Adopts ORSA Model Act 18 September 2012 Legal News Alert: Insurance & Reinsurance On Wednesday, September 12, 2012, the NAIC adopted the Risk Management and Own Risk and Solvency Assessment Model Act (Model Act). The Model Act was produced by...
New IRS Safe Harbor for Certain Bad-Debt Deductions of Insurance Companies 02 August 2012 Legal News Alert: Insurance & Reinsurance An Internal Revenue Service development this week will be welcome news to many insurance companies. After two years of negotiation between the IRS National Office...
Insurance Industry Developments for Summer 2008 28 May 2008 Legal News: Insurance Producer Licensing: An Update By Kevin G. Fitzgerald Introduction Uniformity and/or reciprocity for producer licensing has long been a goal of the National Association...
Insurance Industry Developments for Spring 2011 21 March 2011 Legal News: Insurance IRS Is Aggressively Challenging P&C Loss Reserve Deductions: Companies Should Be Prepared By Dick Riley Starting in 2008 and continuing today, the IRS has...
Insurance Industry Developments for Fall 2011 29 August 2011 Legal News: Insurance Additional States Enact NAIC Model Qualified Financial Contracts Law By Andrew Oberdeck Several states have recently added provisions to their insurance rehabilitation...
Florida Hearing on Life Insurance Company Claims Settlement Practices 24 May 2011 Legal News Alert: Insurance On Thursday, May 19, 2011, attorneys from Foley & Lardner LLP attended and monitored a public evidentiary hearing in Tallahassee, Florida concerning life insurance...
Shifting Landscapes for D&O Insurance in the Economic Crisis 17 March 2009 Legal News Alert: Insurance Evolving Issues in the Current Economic Environment The directors & officers (D&O) liability insurance market has already been heavily affected by the economic crisis,...
Insurance Industry Developments for Winter 2008 04 December 2008 Legal News: Insurance Court Decision May Impact Patent-Eligibility of Insurance-Related Innovations By David G. Luettgen In a decision that will impact insurance-related patents...
Insurance Industry Developments for Summer 2010 11 August 2010 Legal News: Insurance What Changes Does the Dodd-Frank Act Bring to the Insurance and Reinsurance Industry? By Robert C. Leventhal On July 15, 2010, the Senate passed the Dodd-Frank...
Health Care Reform Internal and External Appeal Requirements for Group Health Plans 04 August 2010 Legal News Alert: Employee Benefits On July 23, 2010, the IRS, the Employee Benefits Security Administration (EBSA), and the U.S. Department of Health and Human Services (HHS) jointly published a final...