Is International Coordination of Insurance on the Horizon?

By Thomas E. Hampton, Senior Advisor, SNR Denton, 202-408-6401, thampton@sonnenschein.com As the United States economy slowly recovers from the 2008 recession, the focus of Capitol Hill has turned to the Wall Street financial institutions, many of whom needed Washington to provide them capital for...

Veach on Insurance Regulatory Work

(Please visit the site to view this video) Has the atmosphere surrounding government regulatory relationship work changed? See what Mound Cotton Wollan & Greengrass partner James Veach had to say in this clip, produced by HB Litigation Conferences. More at www.LitigationConferences.com .

Veach on Working with Insurance Commissioners

(Please visit the site to view this video) Will it get easier to work with 50 sets of insurance regulations and 50 state insurance commissioners? See what Mound Cotton Wollan & Greengrass partner James Veach had to say in this clip, produced by HB Litigation Conferences. More at http://www.litigationconferences...

State Regulators Receive High Marks In IMF FSAP Assessment Of U.S. Insurance Sector

WASHINGTON , D.C. - The National Association of Insurance Commissioners (NAIC) received high marks from the International Monetary Fund’s (IMF) Financial Sector Assessment Program (FSAP). The Detailed Assessment Report indicates an overall high level of observance by U.S. insurance regulators of...

Reed Smith LLP on the Dodd-Frank Wall Street Reform and Consumer Protection Act's Effect on the Insurance Industry

By Paul R. Walker-Bright, Partner, Reed Smith LLP In his commentary, “Reed Smith LLP on the Dodd-Frank Wall Street Reform and Consumer Protection Act’s Affect on the Insurance Industry” Paul Walker-Bright states that on July 15, 2010 the United States Senate passed the “Dodd...

TOP CASE: Federal Appeals Court Vacates Proposed Rule Calling for SEC Regulation of Fixed Index Annuities

By Sherilyn Pastor, Partner and Practice Group Leader, McCarter & English, LLP On July 12, 2010, the United States Court of Appeals for the District of Columbia in Am. Equity Inv. Life Ins. Co. v. SEC, 2010 U.S. App. LEXIS 14249 (D.C. Cir. July 12, 2010) struck a blow to the Securities and...

Federal Insurance Office and Future Federal Regulation of Insurance - the Dodd-Frank Wall Street Reform and Consumer Protection Act

By Paul R. Walker-Bright, Partner, Reed Smith LLP In his commentary, “Reed Smith LLP on the Dodd-Frank Wall Street Reform and Consumer Protection Act’s Affect on the Insurance Industry” Paul Walker-Bright states that on July 15, 2010 the United States Senate passed the “Dodd...

LexisNexis® Insurance Law Community Podcast featuring Paul Walker-Bright of Reed Smith on the Impact of the Dodd-Frank Act on the U.S. Insurance Industry

On this edition, Paul Walker-Bright of Reed Smith in Chicago discusses the provisions in the Dodd-Frank Act that deal with or affect the insurance industry, aspects of the industry that may be exempt from Act's insurance provisions and the authority the Federal Insurance Office will have to monitor...

Podcast: Dodd Frank Wall Street Reform and Consumer Protection Act's Impact on Insurance with Reed Smith's Paul Walker-Bright

On this edition, Paul Walker-Bright of Reed Smith in Chicago discusses the provisions in the Dodd-Frank Act that deal with or affect the insurance industry, aspects of the industry that may be exempt from Act's insurance provisions and the authority the Federal Insurance Office will have to monitor...

Thomas Gorman on the SEC's Expanded Role in Corporate Governance after Dodd-Frank

The federal securities laws have traditionally focused largely on disclosure, leaving corporate governance to state law. Nevertheless, Dodd-Franks expands the Commission's role in corporate governance in three key areas. This is consistent with the impact of the legislation on the SEC's Enforcement...

Building Bridges or a Bridge to Nowhere?: The Impact of the Dodd-Frank Wall Street Reform and Consumer Protection Act on Insurance

By Carrie E. Cope, Shareholder, Schuyler Roche & Crisham, P.C. At one point or another, the availability of insurance has a substantial, and sometimes dramatic, impact on our lives. At the consumer level, it can mean the affordability of life-saving surgery or the accessibility of a home...

Dodd-Frank's Impact - Federal Insurance Office and State Regulation: Bridges to Nowhere or Building a Bridge?

By Carrie E. Cope, Shareholder, Schuyler Roche & Crisham, P.C. At one point or another, the availability of insurance has a substantial, and sometimes dramatic, impact on our lives. At the consumer level, it can mean the affordability of life-saving surgery or the accessibility of a home mortgage...

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...

Workers Comp 20/20: Will Congress Overhaul Workers Compensation?

Woodstock, VT (CompNewsNetwork) - The workers compensation system as we know it is an amalgam of state-run mini-systems, plus a small handful of federally run compensation programs. Federal interference in the state systems has been extremely limited, in part because hardly anyone in Washington has had...

Regulation of Reinsurance – New Appleman on Insurance Law Library Edition, Chapter 78

By Kimberly M Welsh, Vice President and Assistant General Counsel, RGA The following chapter discusses important principles of reinsurance regulation today. It begins in Section 78.01 with an overview of the regulatory framework for reinsurers and reinsurance transactions in the United States. Reinsurance...

Fulbright & Jaworski LLP Fracking Blog: Federal vs. State Regulation

On September 10, 2012, members of the U.S. House of Representatives' Committee on Natural Resources wrote to Secretary of the Interior Ken Salazar, requesting that the Bureau of Land Management's proposed regulations governing hydraulic fracturing on federal land be made stronger. The group...

Governors Stray from Party Lines on Health Care and Pension Reform

by Lou Cannon Although politicians who challenge party orthodoxy are often putting their careers at risk, several Republican and Democratic governors are doing just that on health care and pension issues. During the protracted battle waged by Republicans against President Obama's health...

Washington State to Regulate Fund Managers

This article is also appearing on The Venture Alley and on Startup Law Blog . Per the authors, readers may feel free to re-post this content elsewhere as well. The world is changing for venture funds and similar funds in Washington State, and not necessarily for the better. It used to be the case...

State Net Capitol Journal: Changes Challenge ACA Implementation

By Rich Ehisen Faced with growing complaints from employers over the complexity of implementing the Affordable Care Act by next January, the Obama administration on July 2 announced it would postpone for one year enforcement of a provision of the law that requires large employers, those with 50 or...

State Net Capitol Journal: Changes Challenge ACA Implementation

By Rich Ehisen Faced with growing complaints from employers over the complexity of implementing the Affordable Care Act by next January, the Obama administration on July 2 announced it would postpone for one year enforcement of a provision of the law that requires large employers, those with 50 or...

What Will 2014 Bring For the Insurance Industry?

The tectonic plates of insurance regulation are shifting – with reverberations across the industry. The industry is also faced with significant commercial pressures, including a flood of third-party capital; persistent historically low investment returns, which are driving insurers to search for...