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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...
Re-Ensuring Compliance With The FCPA 12 March 2012 Insurance Law360 Partner Max Chester provides an overview of the ways in which the rules and penalties of the Foreign Corrupt Practices Act can potentially affect the reinsurance...
Insurance Industry Developments for Spring 2012 Spring 2012 Legal News: Insurance The Reinsurance Industry Needs to Understand and Comply With the FCPA Written by: Max B. Chester The reinsurance industry has been in existence for several centuries...
Mid-Arbitration Is Not The Time For Complaints 11 January 2012 Insurance Law360 Foley Partner Brett Ludwig authored an article that appeared in Insurance Law360 on January 11, 2012 titled "Mid-Arbitration Is Not The Time For Complaints." ...
The FCPA and Insurance: Am I Covered or Should I Be? 21 November 2011 Risk & Insurance Foley Partner Ethan Lenz and Senior Counsel Max Chester authored an article that appeared in Risk & Insurance on November 21, 2011 titled "The FCPA and...
Whistleblower Claims: Are You Covered 27 September 2011 Insurance Law360 Foley Partner Paul Monsees and Associate Lewis Smith authored an article that appeared in Insurance Law360 on September 27, 2011 titled "Whistleblower Claims: Are...
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...
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...