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|Health Insurers Limit Coverage for Power Morcellation|
Waters Kraus LLP;
June 17, 2015, previously published on April 24, 2015Until very recently, power morcellators were frequently used by surgeons in laparoscopic hysterectomies and procedures to remove fibroid growths. Use of the devices is not so popular, however, after the U.S. Food and Drug Administration cautioned that power morcellators could cause the spread of...
|It’s 2015. Do You Know Where Your Children “Reside?”|
Guy M. Harbert; Gentry Locke Rakes & Moore, LLP;
June 17, 2015, previously published on June 2015As this is written (June, 2015) it is high school graduation time. One phase of life is completed, and another begins. For many, the next stage involves “leaving the nest” - off to college, the military, an internship, maybe even a job, or perhaps the 2015 equivalent of hitchhiking...
|Why You Should Not Agree to Continue Health Insurance As Part of a Separation Agreement|
Jerry L. Stovall; Breazeale, Sachse & Wilson, L.L.P.;
June 17, 2015, previously published on June 2015Employers often agree to continue an employee’s health insurance coverage as part of a separation agreement. While this seems like a good idea, it can create significant unintended liability.
|Nevada Insurance Commissioner Scott Kipper Resigns|
Colodny Fass P.A.;
June 16, 2015, previously published on June 11, 2015Nevada's Commissioner of Insurance Scott J. Kipper has resigned as State Commissioner for the Nevada Division of Insurance ("Division"), effective July 2, 2015.
|Citizens Property Insurance Corporation Immune to Statutory Bad Faith Claims|
Kenneth L. Baker, Nicholas D. Freeman, Rod Janis, Anthony P. Strasius; Wilson Elser Moskowitz Edelman & Dicker LLP;
June 12, 2015, previously published on June 3, 2015The Florida Supreme Court has decided unanimously that the Florida legislature did not intend for Citizens Property Insurance Corporation (a state-created entity that provides property insurance) to be liable for statutory, first-party bad faith claims in Citizens Property Insurance Corp. v....
|Contesting Damages in the Face of Liability|
Eric I. Yun; Marshall Dennehey Warner Coleman & Goggin, P.C.;
June 11, 2015, previously published on June 1, 2015Although the contest of liability is often (for obvious reasons) thought of as the main event in litigation, damages can in certain situations take center stage, as two recent decisions from the Pennsylvania Superior Court demonstrate. In one case-which involved Marshall Dennehey successfully...
|NAIC Close to Adopting Guideline for IUL Illustrations|
Eric A. Arnold, Frederick R. Bellamy, Thomas E. Bisset, Dodie C. Kent, Clifford E. Kirsch; Sutherland Asbill & Brennan LLP;
June 11, 2015, previously published on June 10, 2015On June 4, after long deliberation and extensive consultation with issuers of indexed universal life (IUL) insurance policies and other interested parties by the Life Actuarial (A) Task Force (LATF), the NAIC’s Life Insurance and Annuities (A) Committee adopted new Actuarial Guideline 49...
|NAIC Unclaimed Benefits Model Drafting (A) Subgroup Identifies Key Model Law Issues|
Wilson G. Barmeyer, Irene A. Firippis, Phillip E. Stano, Steuart H. Thomsen, Mary Jane Wilson-Bilik; Sutherland Asbill & Brennan LLP;
June 10, 2015, previously published on June 9, 2015On May 29, the National Association of Insurance Commissioners (the NAIC) Unclaimed Benefits Model Drafting (A) Subgroup (the Subgroup) met to discuss regulator and industry materials submitted to the Subgroup and identified three critical issues that it intends to consider when drafting the...
|Louisiana Department of Insurance Warns Homeowners Insurers of $10,000 Monthly Fine For Act 427 Non-Compliance|
Colodny Fass P.A.;
June 10, 2015, previously published on March 30, 2015Given the substantial fine of $10,000 per month that could be levied for non-compliance with newly enacted Act 427, the Louisiana Department of Insurance ("LDI") issued its second reminder today, March 30, 2015, to all authorized Louisiana homeowners insurers that Act 427 data must be...
|Florida Governor Rick Scott Vetoes Citizens Property Insurance Bill Limiting Private Insurer Takeout Offers|
Colodny Fass P.A.;
June 8, 2015, previously published on June 02, 2015A bill that would have curtailed the amount of takeout offers that Citizens Property Insurance Corporation ("Citizens") policyholders could receive from private insurers was vetoed by Florida Governor Rick Scott today, June 2, 2015.