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HTMLFlorida's Citizens Property Insurance Board Approves Proposed 2016 Rates
Colodny Fass P.A.;
Legal Alert/Article
July 3, 2015, previously published on June 24, 2015
At its meeting in Orlando today, June 24, 2015, Florida's Citizens Property Insurance Corporation's ("Citizens") Board of Governors ("Board") unanimously approved a 2016 rate package that the State-run insurer explained lowers rates for nearly half of Citizens' Personal Lines...


HTMLInsurer Has Duty To Defend Even Though Insured Did Not Immediately Notify Insurer Of Underlying Lawsuit
Sutherland Asbill Brennan LLP;
Legal Alert/Article
July 1, 2015, previously published on June 30, 2015
The United States sued Company A for discharging pollutants from an offshore platform in the Gulf of Mexico in February 2013 after giving notice to Company A of the alleged violations in March 2012. Company A failed to give notice to its insurer of the potential violations until September 2013...


HTMLImpact on Employers After Supreme Court's Ruling of Uphold Key Provision of Affordable Care Act
Sean P. Beiter, Caroline J. Berdzik; Goldberg Segalla LLP;
Legal Alert/Article
June 30, 2015, previously published on June 25, 2015
In a 6-3 decision issued today, the United States Supreme Court once again upheld President Obama’s signature legislation, the Patient Protection and Affordable Care Act, keeping the employer mandate in effect for all states - even those without their own health insurance exchange.


HTMLThe Supreme Court Preserves Key Insurance Subsidy Provisions Of The Affordable Care Act
Lorie Maring; Fisher & Phillips LLP;
Legal Alert/Article
June 30, 2015, previously published on June 25, 2015
Today, in an anxiously awaited opinion, the U.S. Supreme Court preserved key provisions of President Obama’s Affordable Care Act (ACA), maintaining insurance subsidies despite a stiff challenge from opponents. By a 6 to 3 vote, the Court ruled that health insurance subsidies are available to...


Adobe PDFOutline of the new Insurance Code of the DRC
Alain Kasende M'Bay, Pathy Liongo; Emery Mukendi Wafwana Associes;
Legal Alert/Article
June 29, 2015, previously published by Lexology
Emery Mukendi Wafwana & Associates
on June 4, 2015
The DR Congo new Insurance Code represents a real revolution in this sector, which has been so far affected by the disparity of laws, which are sometimes obsolete and unsuitable to the international conventions in this matter, and by the monopoly granted to the "Société Nationale...


HTMLSupreme Court Upholds Affordable Care Act Subsidies for Coverage Purchased on Federally Facilitated State Health Care Exchanges
Katelyn D. Winslow; Ford & Harrison LLP;
Legal Alert/Article
June 26, 2015, previously published on June 25, 2015
King v. Burwell challenges the implementation of federal insurance marketplaces under the Affordable Care Act.


HTMLFirst DCA Rejects Insurer's Attempt to Fight Fraudulent Post-Loss Assignments of Benefit Claims Through Change in Policy Provision
Maria Elena Abate, Amy Koltnow; Colodny Fass P.A.;
Legal Alert/Article
June 25, 2015, previously published on June 24, 2015
The increase in claims and litigation, spurred on by water remediation companies fortified with an insured's assignment of insurance benefits ("AOB") and right to bring a cause of action has been a hot topic of debate in recent years. Despite industry-wide acknowledgment of a growing...


HTMLU.S. Senate Report Finds No Systematic Underpayment of SuperStorm Sandy-Related National Flood Insurance Program Claims
Colodny Fass P.A.;
Legal Alert/Article
June 25, 2015, previously published on June 23, 2015
The results of a highly anticipated study undertaken by the United States Senate Committee on Banking, Housing, and Urban Affairs' ("Committee") Banking Investigative Group on alleged National Flood Insurance Program ("NFIP" or "Program") underpayment of claims filed...


Adobe PDFIRS Issues Guidance on Portability
Bruce A. Rawls; Burr & Forman LLP;
Legal Alert/Article
June 24, 2015, previously published on June 2015
Last week the IRS issued final regulations that provide guidance on the federal estate and gift tax applicable exclusion amount, in general, as well as the requirements for making a "portability" election.


HTMLFederal Agencies Issue Flood Insurance Rule; Biggert-Waters Private Flood Insurance Rulemaking to Come
Colodny Fass P.A.;
Legal Alert/Article
June 24, 2015, previously published on June 22, 2015
Five federal regulatory agencies have approved a joint final Rule that modifies regulations applicable to loans secured by properties located in special flood hazard areas.


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