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How the Office of National Insurance Act of 2010 Threatens State Insurance Regulation

By Karl L. Rubinstein 1 Title V of the new Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank”) is named the “Federal Insurance Office Act of 2010.” Several provisions of Title V---foreshadow massive federal intrusion into the insurance industry and a likely...

Sutherland Legal Alert: New York State Senate Passes Domestic Excess Lines Bill

By John Pruitt and Justin Kitchens, Sutherland Asbill & Brennan LLP The New York State Senate has passed a bill authorizing the formation and licensing of New York domestic excess lines insurance companies. [1] The bill would allow such companies to write insurance in New York on the same basis...