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|The UK Insurance Act 2015-Some Early Pointers on Possible Areas of Contention|
Ian F. Lupson; Jones Day;
December 28, 2016, previously published on December 2016The UK’s Insurance Act 2015 has now been in force since August 2016.
|Are Insurance Companies Ready For Autonomous Vehicles?|
Borden Ladner Gervais LLP;
December 28, 2016, previously published on December 8, 2016With the recent announcement in Ontario to allow autonomous vehicles on the road for testing, automotive manufacturers, insurance companies and others may face questions of liability - a lot earlier than anticipated.
|Avoiding Liability Risks At Company Celebrations, Holiday Parties and Other Get-Togethers|
Alexander D. Marks; Burke, Warren, MacKay & Serritella, P.C.;
December 22, 2016, previously published on December 9, 2016Whether to celebrate a company’s success or to spread holiday cheer, many companies throw parties for their employees throughout the year.While a good way to build camaraderie, employers must not overlook the liability risks associated with these light-hearted events.
|NAIC Adopts Revisions to Actuarial Guideline 49|
Eric A. Arnold, Frederick R. Bellamy, Thomas E. Bisset, Dodie C. Kent, Clifford E. Kirsch; Sutherland Asbill & Brennan LLP;
December 19, 2016, previously published on December 16, 2016On December 13, the National Association of Insurance Commissioners (NAIC) Executive (EX) Committee and Plenary adopted revisions to Actuarial Guideline 49 (AG 49) with an effective date of March 1, 2017. The revisions apply AG 49’s standards for determining the maximum annual rate of...
|UMass Settles Potential HIPAA Violations Following Malware Infection|
Jim Hamilton; Bose McKinney Evans LLP;
December 12, 2016, previously published on November 23, 2016The University of Massachusetts Amherst (UMass) has agreed to settle potential violations of the Health Insurance Portability and Accountability Act of 1996 (HIPAA) Privacy and Security Rules. The settlement includes a corrective action plan and a monetary payment of $650,000, which is reflective...
|Enforceability of Proposals for Settlement in Actions Requesting Declaratory Relief|
Danielle N. Robinson; Marshall Dennehey Warner Coleman & Goggin, P.C.;
December 7, 2016, previously published on December 1, 2016The enforceability of proposals for settlement served upon plaintiffs continues to be a concern in first-party property cases. Florida’s courts continue to find issues they consider to be ambiguous within proposals themselves, including the failure to apportion offers made to husband and wife...
|Attorneys Brian Tokarz and Matthew Fisher to Present to the National Business Institute on Construction Defect Insurance Coverage Issues|
Matthew V. Fisher, Brian C. Tokarz; Meissner Tierney Fisher & Nichols S.C.;
December 7, 2016, previously published on November 2016Join attorneys Brian Tokarz and Matthew Fisher for the National Business Institute’s video webcast on Monday, December 19, 2016 at 9:00 a.m. CST. The webcast, "Construction Defect Insurance Coverage Issues Demystified” will help all interested attorneys, insurance professionals,...
|An Overview of Representations and Warranties Insurance|
Mintz Levin Cohn Ferris Glovsky Popeo P.C.;
December 6, 2016, previously published on November 15, 2016The prospect of unknown business risks between buyers and sellers is often a major hurdle in mergers and acquisitions deal negotiations. Neither side wants to assume responsibility for issues such as financial statement errors, taxes, contracts, intellectual property, or undetected compliance...
|New York is First State in the Nation to Propose Cybersecurity Regulations Impacting Banks, Insurance Companies and Mortgage Lenders|
Bleakley Platt Schmidt LLP;
December 5, 2016, previously published on November 2016The New York State Department of Financial Services has proposed regulations that would impose new cybersecurity requirements on banks, insurance companies, mortgage lenders and others. The proposed regulations, issued pursuant to the Financial Services Law, would apply to entities that require a...
|Hoang v Vincentini: A Cautionary Tale on the Issue of Costs and the Implications on All Parties Involved|
Robert L. Love, Edona C. Vila; Borden Ladner Gervais LLP;
November 28, 2016, previously published on November 17, 2016 This action arises as a result of a motor vehicle accident that occurred on August 6, 2004 when the then-six year old plaintiff, Christopher Hoang ("Christopher"), was struck by a vehicle driven by the defendant Adriano Vincentini ("Vincentini") and owned by Ford Credit Canada...