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HTMLFlorida Office of Insurance Regulation Amending Reinsurance Collateral Rules; Workshop Scheduled for April 2
Colodny Fass Talenfeld Karlinsky Abate Webb P.A.;
Legal Alert/Article
April 1, 2014, previously published on March 27, 2014
The Florida Office of Insurance Regulation ("OIR") has scheduled a Rule Development Workshop for April 2, 2014 at 9:30 a.m. (ET) to address proposed changes to Florida's reinsurance collateral regulations. To be held only if requested in writing by a member of the public, the Workshop...

 

HTMLReport to NAIC on Captives: The Controversy About Principle-Based Reserves and Captives Continues
Duane Morris LLP;
Legal Alert/Article
April 1, 2014, previously published on March 27, 2014
The use by life insurance companies of captive reinsurance companies to finance XXX and AXXX reserves has been a significant and contentious issue in recent years. Some members of the National Association of Insurance Commissioners (the "NAIC") are deeply opposed to captive-based...

 

Adobe PDFWe’re Insured for That, Aren’t We?
Erik W. Fox, Douglas S. Levy; Rees Broome, PC;
Legal Alert/Article
March 31, 2014, previously published on March 2014
Insurance policies are complicated. They aren’t fun to read, and they are very hard to understand. Unfortunately, insurance policies are also very important. Thousands and thousands of dollars are often at stake when it comes to annual premiums and insurance claims.

 

Adobe PDFWe’re Insured for That; Aren’t We?
Erik W. Fox, Douglas S. Levy; Rees Broome, PC;
Legal Alert/Article
March 31, 2014, previously published on March 2014
Insurance policies are complicated. They aren’t fun to read, and they are very hard to understand. Unfortunately, insurance policies are also very important. Thousands and thousands of dollars are often at stake when it comes to annual premiums and insurance claim.

 

HTMLWyoming Supreme Court Vacates on Procedural Grounds a Lower Court Decision Holding Ingredients in Fracking Fluid Formulas Qualify as “Trade Secrets”
Carl J. Pernicone; Wilson Elser Moskowitz Edelman & Dicker LLP;
Legal Alert/Article
March 31, 2014, previously published on March 19, 2014
On March 12, 2014, in Powder River Basin Resource Council v. Wyoming Oil And Gas Conservation Commission, et al., the Wyoming Supreme Court, on procedural grounds, vacated a trial court decision upholding the decision of the Wyoming Public Records Commission (Commission) that the ingredients in...

 

HTMLFlorida's Senate Committee on Banking and Insurance Advances Citizens Property Insurance, Florida Hurricane Catastrophe Fund, TRIA Bills
Colodny Fass Talenfeld Karlinsky Abate Webb P.A.;
Legal Alert/Article
March 28, 2014, previously published on March 25, 2014
Senator Hays presented SB 1274 to the Committee. SB 1274 exempts properties with new construction located within a county where Citizens Property Insurance Corporation ("Citizens") provides more than 75 percent of the windstorm coverage for personal lines residential policies from the...

 

HTMLDocumenting and Collecting on Damage Claims Involving a Water Main Break
Amanda R. Yurechko; Weltman, Weinberg & Reis Co., L.P.A.;
Legal Alert/Article
March 28, 2014, previously published on March 24, 2014
While the country has seen one of the coldest winters in history, and temperatures continued into the single digits well into March, the cold will undoubtedly contribute to water main breaks. Aging infrastructure in addition to the cold temperatures sets up a condition ripe for water main breaks...

 

HTMLAccess to Recent DMF Data Restricted to Certified Persons Starting Today
Marlys A. Bergstrom, Ellen M. Dunn, Phillip E. Stano, Steuart H. Thomsen, Mary Jane Wilson-Bilik; Sutherland Asbill & Brennan LLP;
Legal Alert/Article
March 28, 2014, previously published on March 26, 2014
Today, the U.S. Department of Commerce’s National Technical Information Service (NTIS) put into effect a certification program required for any person or entity seeking to access information during the three-year period following an individual’s death on the Social Security Death Master...

 

HTMLOklahoma Federal Court Dismisses Argument that New Force-Placed Insurance Regulation is Retroactive
David A. Elliott, Seth I. Muse; Burr & Forman LLP;
Legal Alert/Article
March 28, 2014, previously published on March 24, 2014
This action is one of the first decisions issued regarding the forced-placed insurance provision pursuant to the new mortgage servicing regulations under the “Dodd-Frank Wall Street Reform and Consumer Protection Act” (“Dodd-Frank”). In Ali, Plaintiff brought suit against...

 

HTMLKB Home Greater Los Angeles, Inc. v. Superior Court (Allstate Ins. Co.) (February 21, 2014) - - Cal.App.4th - - , 2014 W.L. 667368
McCormick Barstow Sheppard Wayte Carruth LLP;
Legal Alert/Article
March 28, 2014, previously published on March 27, 2014
In March 2010 a water pipe burst pipe in Roy's home, causing damage. Roy made a claim under his Allstate homeowners insurance policy. Allstate inspected the property and completed repairs in June 2010. In July 2010 Allstate sent the builder notice of its intent to pursue subrogation. In November...

 


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