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HTMLThe Federal Reserve Board Outlines Approach For Capital Rules For Federally Supervised Insurance Groups
Maureen Emmert Adolf, Brian Barrett, John S. Pruitt, Cynthia R. Shoss; Sutherland Asbill & Brennan LLP;
Legal Alert/Article
May 27, 2016, previously published on May 27, 2016
At the NAIC’s tenth International Insurance Forum, Daniel K. Tarullo, a member of the Board of Governors of the Federal Reserve System (FRB), outlined the FRB’s plans for

 

HTMLImportant Court Decision For No-Fault Insurers -- Federal Court Rejects Argument To Limit Insurers’ Right To Seek Judicial Relief From Fraud Schemes
Jared Facher, William J. Natbony; Cadwalader, Wickersham & Taft LLP;
Legal Alert/Article
May 26, 2016, previously published on April 5, 2016
We are pleased to inform you of a very favorable recent caselaw development in the no-fault insurance area, in which our firm played a significant role. Specifically, on March 24, 2016, in the case of Liberty Mutual Fire Insurance Company, et al. v. Shapson, et al., the United States District Court...

 

Adobe PDFNAIC Report: 2016 Spring National Meeting
Frederick R. Bellamy, Ling Ling, John S. Pruitt, Cynthia R. Shoss, Mary Jane Wilson-Bilik; Sutherland Asbill & Brennan LLP;
Legal Alert/Article
May 25, 2016, previously published on May 24, 2016
The National Association of Insurance Commissioners (NAIC) held its 2016 Spring National Meeting from April 1 through April 6 in New Orleans, Louisiana. As host, Louisiana provided beautiful weather and bountiful great food. The Spring National Meeting was also highlighted by spirited discussions...

 

HTMLUnclaimed Property Primer for Health and Property & Casualty Insurance
Wilson G. Barmeyer, Holly H. Smith, Phillip E. Stano, Steuart H. Thomsen, Mary Jane Wilson-Bilik; Sutherland Asbill & Brennan LLP;
Legal Alert/Article
May 17, 2016, previously published on May 17, 2016
Unclaimed Property: It’s not just about life insurance. The same contingency-fee unclaimed property auditors that targeted unclaimed life insurance proceeds are now turning their focus to other types of insurance, including health insurance and property & casualty insurance (P&C). For...

 

HTMLBasic-Supplemental Life Insurance Plan Pricing Structure Upheld in ERISA Class Action
Wilson G. Barmeyer, Carol T. McClarnon, Phillip E. Stano, Steuart H. Thomsen, Gail L. Westover; Sutherland Asbill & Brennan LLP;
Legal Alert/Article
May 5, 2016, previously published on May 4, 2016
An employee benefit plan that includes an alleged subsidization component for its basic and supplemental options is neither prohibited by the Employee Retirement Income Security Act of 1974 (ERISA) nor a violation of the plan sponsor or service provider’s fiduciary duties, a federal district...

 

HTMLFlorida Withdraws from NIMA Effective June 1, 2016
Jennifer C. Erdelyi; Colodny Fass, P.A.;
Legal Alert/Article
April 27, 2016, previously published on April 14, 2016
The Florida Surplus Lines Service Office ("FSLSO") issued Bulletin 2016-03 today, April 14, 2016, stating that Florida has withdrawn from the Nonadmitted Insurance Multi-State Agreement ("NIMA") effective June 1, 2016.

 

HTMLEnacted Today, HB 931 Mandates Revisions to Florida's Citizens Property Insurance Takeout Program by January 1, 2017
Colodny Fass P.A.;
Legal Alert/Article
April 27, 2016, previously published on April 14, 2016
Signed by Governor Rick Scott today, April 14, 2016, HB 931 will make several changes to law relating to Florida's Citizens Property Insurance Corporation ("Citizens") effective July 1, 2016.

 

HTMLCBS News' 60 Minutes to Feature Florida Chief Financial Officer Jeff Atwater and Insurance Commissioner Kevin McCarty this Sunday
Colodny Fass P.A.;
Legal Alert/Article
April 27, 2016, previously published on April 15, 2016
Florida's Chief Financial Officer Jeff Atwater and Insurance Commissioner Kevin McCarty will be featured during an episode of CBS News' feature television program 60 Minutes this Sunday, April 17, 2016.

 

HTMLConference Addresses Challenges in AV Deployment
Sutherland Asbill Brennan LLP;
Legal Alert/Article
April 20, 2016, previously published on April 19, 2016
On April 15, 2016, the University of Michigan Law School hosted Autonomous Vehicles: Legal and Regulatory Hurdles to Deployment. Representatives from the National Highway Traffic Safety Administration (NHTSA), automakers, insurers, and academia discussed the legal challenges autonomous technology...

 

HTMLFlorida Office of Insurance Regulation Advises More Changes to the National Flood Insurance Program Take Effect on April 1, 2016
Colodny Fass P.A.;
Legal Alert/Article
April 19, 2016, previously published on March 31, 2016
In a consumer alert issued today, March 31, 2016, Florida Insurance Commissioner Kevin M. McCarty advised that changes to the National Flood Insurance Program ("NFIP") become effective this Friday, April 1.

 


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