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District Court Victory for Validus Re in Cascading FET Case Leaves Many Questions Unanswered
David W. Alberts
Lawrence R. Hamilton
Mayer Brown LLP
February 11, 2014
, previously published on February 7, 2014
Judge Amy Jackson clearly sided with Validus Re in her February 5 opinion in Validus Re’s closely followed lawsuit in US federal district court in Washington, DC. Validus won a refund of the federal excise tax (FET) it had paid on nine reinsurance policies it purchased in retrocession...
FIO Releases Its Long-Awaited Report Mandated by the Dodd-Frank Act
David W. Alberts, Lawrence R. Hamilton, James R. Woods; Mayer Brown LLP;
December 17, 2013
, previously published on December 13, 2013
On December 12, 2013, the Federal Insurance Office (FIO) submitted to Congress and released a report entitled, “How to Modernize and Improve the System of Insurance Regulation in the United States.” The report was mandated by Title V of the Dodd-Frank Wall Street Reform and Consumer...
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