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|Unclaimed Property Disputes Over State Priority Take Center Stage, Head to U.S. Supreme Court and the Third Circuit|
Wilson G. Barmeyer, Joseph A. Ficarrotta, Phillip E. Stano, Mary Jane Wilson-Bilik; Sutherland Asbill & Brennan LLP;
October 5, 2016, previously published on October 5, 2016Disputes over the unclaimed property priority rules continue to intensify. The U.S. Supreme Court accepted review of a clash involving more than 20 states regarding the right to take custody of official checks. Meanwhile, a holder will appeal a federal district court’s decision that Delaware...
|First-Ever: Cybersecurity Regulations Released by New York Department of Financial Services|
Duane Morris LLP;
October 5, 2016, previously published on September 16, 2016After surveying nearly 200 of its regulated banking and insurance companies for industry insight, the New York Department of Financial Services (the “NYDFS”) proposed a first-ever, cybersecurity regulation, on September 13, 2016, to protect against the growing threat of cyber-attacks....
|Checklist for Louisiana Homeowners—Contracting for Repair of Disaster Damage|
Andy St. Romain, Richard J. Tyler; Jones Walker LLP;
September 28, 2016, previously published on September 20, 2016As property owners shift their focus to repairing the very visible water damage to buildings and other structures, they should not lose their focus when it comes to the less apparent concerns that come with engaging contractors. Entities, like the Louisiana State Contractor Licensing Board, provide...
|Avoiding the Insurer Bite: Insurance Coverage for Zika Virus Losses|
Tyrone R. (Ty) Childress, Jason B. Lissy; Jones Day;
September 28, 2016, previously published on September 2016Named after the Ugandan forest in which it was first discovered, outbreaks of Zika virus have until recently been limited to tropical Africa, Southeast Asia, and the Pacific Islands. The past year, however, has witnessed the rapid spread of Zika virus throughout the Western Hemisphere, including...
|Louisiana Economic Development Estimates $8.7 Billion in Residential, Commercial Flood Damage|
Taylor Porter Brooks Phillips L.L.P.;
September 27, 2016, previously published on September 13, 2016The Louisiana Economic Development, in a press release, estimates the August 2016 Louisiana Flood caused $8.7 billion in damage to Louisiana residential and commercial properties, with damage to businesses in the state exceeding $2 billion. Those figures do not include damage to the state’s...
|FDA Convenes Two-Day Public Hearing on Human Cell and Tissue Product Regulatory Paradigm|
Joanne S. Hawana, Rodney Whitlock; Mintz Levin Cohn Ferris Glovsky Popeo P.C.;
September 26, 2016, previously published on September 15, 2016As stakeholders and watchers of the expansive field of regenerative medicine likely are aware, earlier this year a study published in the peer-reviewed journal Cell Stem Cell reported on the growth of so-called stem cell clinics operating in the U.S. It also examined the types of claims being made...
|A New Way to Buy Car Insurance?|
Sutherland Asbill Brennan LLP;
September 23, 2016, previously published on September 23, 2016A car insurance startup has recently acquired an insurance company with licenses in 50 states. Metromile, which has received funding from investors such as Mark Cuban, charges for car insurance based on miles driven. (A hardware “dongle” tracks how many miles the subscriber drives.) The...
|NY DFS Announces Proposal for Cybersecurity Rules for Financial Services Companies|
Mark D. Herlach, John S. Pruitt, Stephen E. Roth, Cynthia R. Shoss, Phillip E. Stano; Sutherland Asbill & Brennan LLP;
September 22, 2016, previously published on September 22, 2016On September 13, 2016, New York Governor Andrew Cuomo announced a proposal by the New York Department of Financial Services (the DFS) of a rule that establishes cybersecurity requirements for financial services companies regulated by the DFS (the NY Regulation). The NY Regulation is the culmination...
|California Court Finds That Discretionary Clauses in Health Insurance Policies Are Enforceable|
Sean P. Nalty; Ogletree, Deakins, Nash, Smoak & Stewart, P.C.;
September 14, 2016, previously published on September 12, 2016In 2011, the California legislature passed Insurance Code Section 10110.6 which bans the use of discretionary clauses in any policy, contract, certificate, or agreement offered, issued, delivered, or renewed, whether or not in California, that provides or funds life insurance or disability...
|Venue in New York Personal Injury Actions CPLR Article 5: Where to Be and How to Get There|
Angela M. Evangelista; Marshall Dennehey Warner Coleman & Goggin, P.C.;
September 12, 2016, previously published on September 1, 2016The rules relating to the venue of civil actions are found in Article 5 of the Civil Practice & Law Rules. This article will focus on venue in personal injury actions.