Insurance Law

Recent Posts

Duane Morris: Financial Stability Board Designates Nine Global Insurance Groups as "Global Systemically Important Insurers"
Posted on 20 Aug 2013 by Duane Morris LLP

The Financial Stability Board (FSB), tasked by the G-20 to prevent a future financial crisis, on July 18, 2013, designated nine large insurance groups as Global Systemically Important Insurers (G-SIIs), three from the United States—American International... Read More

AIG’s Financial Distress: How Credit Default Swaps and the Lack of Regulation Brought Down an Insurance Giant and Implications for the Insurance Industry
Posted on 1 Oct 2009 by Paul Walker Bright & Timothy P. Law

The first of three articles in the Spring 2009 issue of New Appleman on Insurance: Current Critical Issues in Insurance Law is entitled “AIG’s Financial Distress: How Credit Default Swaps and the Lack of Regulation Brought Down an Insurance... Read More

Manulife, Munich Re Team Up to Tap Hong Kong's Changing Health Care Market
Posted on 28 May 2010 by Rebecca Ng

By Rebecca Ng, News Editor, A.M. Best HONG KONG (BestWire) - Proposed government-driven medical reforms together with an aging population and rising medical costs in Hong Kong is generating a new business model for group life and medical insurance... Read More

Peter Chaffetz: The Financial Crisis’ Impact on Reinsurance
Posted on 27 Sep 2010 by HB Litigation Conferences

Peter Chaffetz of Chaffetz Linsdey LLP was on the faculty of the Reinsurance Outlook 2010 seminar produced earlier this year by HB Litigation Conferences. During a session that focused on the reinsurance implications of the global financial crisis, Chaffetz... Read More

Insurance Solvency Regulation – New Appleman on Insurance Law Library Edition, Chapter 14
Posted on 19 Apr 2010 by Gary A. Hernandez and Paige D. Waters

By Gary Hernandez and Paige Waters The following chapter discusses the philosophy and methodology behind the regulation of insurer solvency. It begins in Section 14.01[1] with a brief review of the field of solvency regulation. Such regulation seeks... Read More

Market Conduct Regulation – New Appleman on Insurance Law Library Edition, Chapter 13
Posted on 19 Apr 2010 by Kenneth Levine

By A. Kenneth Levine A functional insurance market has become commensurate with the health, safety, and welfare of modern society. Insurance products fulfill the need for financial security of most Americans and the commerce upon which the American... Read More

Peter Chaffetz: The Financial Crisis’ Impact on Reinsurance
Posted on 27 Sep 2010 by HB Litigation Conferences

Peter Chaffetz of Chaffetz Linsdey LLP was on the faculty of the Reinsurance Outlook 2010 seminar produced earlier this year by HB Litigation Conferences. During a session that focused on the reinsurance implications of the global financial crisis, Chaffetz... Read More

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
Posted on 2 Aug 2010 by LexisNexis Legal Business Community Staff

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... Read More

Manulife, Munich Re Team Up to Tap Hong Kong's Changing Health Care Market
Posted on 28 May 2010 by Rebecca Ng

By Rebecca Ng, News Editor, A.M. Best HONG KONG (BestWire) - Proposed government-driven medical reforms together with an aging population and rising medical costs in Hong Kong is generating a new business model for group life and medical insurance... Read More

Soft Market Winding Down
Posted on 20 Nov 2008 by Claire Wilkinson

The average property/casualty rate decrease hit single digits in October for the first time in more than 20 months according to online insurance exchange MarketScout . It put the average p/c rate decrease at 9 percent in October, compared to a decline... Read More

New Guidance for Credit Default Swaps in New York
Posted on 23 Sep 2008 by Morgan Wade

Yesterday, the New York State Insurance Department issued Circular Letter No. 19 (2008) primarily to address the behavior of financial guarantee insurers involved in credit default swaps. Readers may access a copy of Circular Letter No. 19 here . In... Read More

Manulife, Munich Re Team Up to Tap Hong Kong's Changing Health Care Market
Posted on 28 May 2010 by Rebecca Ng

By Rebecca Ng, News Editor, A.M. Best HONG KONG (BestWire) - Proposed government-driven medical reforms together with an aging population and rising medical costs in Hong Kong is generating a new business model for group life and medical insurance... Read More

Financial & Government Policy Expert: Path Out of ‘Depression’ Requires Major Paradigm Shift with Significant Investment in Children
Posted on 5 May 2009 by Robert H. Dugger

In an exclusive released in advance to the LexisNexis Community Centers, our community members are among the first to learn about how global finance and government policy expert Robert H. Dugger moved an audience of 200 reinsurance executives and attorneys... Read More

The $20 billion near-heist: AIG in NY revisited
Posted on 28 Apr 2009 by David E. Wood

If AIG goes bankrupt, will state insurance regulators protect the assets of its solvent insurance subsidiaries, ensuring that they will pay policyholders' claims? In the current issue of the insurance law journal Enforce , policyholder attorney... Read More

Opportunities & Challenges Facing the Insurance Industry During the Financial Crisis: A Review of the Topics Addressed at The Directors Roundtable Recent NYC Panel Discussion
Posted on 11 Nov 2008 by Robert M. Lopatin

The Directors Roundtable held a panel discussion in New York on October 28 entitled “Opportunities & Challenges Facing the Insurance Industry During the Financial Crisis.” Peter Porrino, Ernst & Young’s Global Director of Insurance... Read More