Insurance Law

Recent Posts

Florida Implementing New Insurance Agency Licensing Law
Posted on 5 Mar 2015 by Foley & Lardner LLP

In 2014, the Florida Legislature enacted a law that makes significant changes to the way insurance agencies are licensed in Florida. The new law amends Florida’s insurance agency licensure law, and is intended to streamline the licensing process... Read More

Legislative Approaches to Bad Faith Litigation-New Appleman Insurance Bad Faith Litigation-Chapter 10
Posted on 14 Jun 2010 by William T. Barker

By William T. Barker, Partner, SNR Denton Chapter 10 reviews the role of statutes in insurance bad faith litigation. Such litigation has been primarily a creature of the common law. But state insurance regulators also developed model statutes prohibiting... Read More

NAIC Summer 2015 Meeting: ORSA and Confidentiality
Posted on 23 Sep 2015 by Duane Morris LLP

The Summer 2015 Meeting of the National Association of Insurance Commissioners (the “NAIC”), which concluded on August 18, saw further developments on issues that Duane Morris has been following . This Alert discusses the controversy over... Read More

Sutherland Asbill & Brennan LLP Legal Alert: NAIC Releases Draft White Paper on Corporate Governance; At Odds With Existing Bodies of U.S. Law
Posted on 13 Jul 2011 by Sutherland Asbill & Brennan LLP

By Earl Zimmerman, Partner, Sutherland Asbill & Brennan LLP This Legal Alert addresses the “ White Paper on High-Level Corporate Governance Principles for Use in U.S. Insurance Regulation ” ( click the link to download), which was... Read More

LexisNexis® Insurance Law Community Podcast featuring Susan Voss, President of the National Association of Insurance Commissioners
Posted on 8 Apr 2011 by LexisNexis Legal Business Community Staff

On this edition, LexisNexis Insurance Law Community Manager Karen Yotis talks with Susan E. Voss, Commissioner of the Iowa Insurance Division and President of the NAIC, discusses the recent commissioners conference, health care reform issues, financial... Read More

Highlights from the NAIC Spring Annual Meeting on PBR and Captive Insurance Companies
Posted on 29 Apr 2015 by Duane Morris LLP

Beginning in 2013, we have issued a series of Alerts on the controversy regarding the use of captive insurance companies to finance reserves for certain type of life insurance policies (so-called "XXX or AXXX reserves," which are widely believed... Read More

Four Insurance Consumer Protection Bills Sponsored by California Department of Insurance Signed Into Law in 2013
Posted on 31 Dec 2013 by LexisNexis Insurance Law Newsroom Staff

During 2013 Governor Jerry Brown signed four bills that the California Department of Insurance (CDI) sponsored during the legislative year. The bills are: AB 32 (Chapter 608, Statutes of 2013) authored by Assembly Speaker John Pérez (D-Los Angeles... Read More

NAIC Summer 2015 Meeting: Certified Reinsurers
Posted on 29 Sep 2015 by Duane Morris LLP

The Summer 2015 Meeting of the National Association of Insurance Commissioners (the "NAIC") saw further developments on issues that Duane Morris has been following . We previously reported on the controversy over confidentiality of the details... Read More

Ceres and a Series of Serious Thoughts About the NAIC Climate Disclosures - Part III
Posted on 21 Oct 2011 by J. Wylie Donald

By J. Wylie Donald, Partner, McCarter & English This is the last of three parts concerning Ceres' recently released Climate Risk Disclosures by Insurers: Evaluating Insurer Responses to the NAIC Climate Disclosure Survey . We already have... Read More

Ceres and a Series of Serious Thoughts About the NAIC Climate Disclosures - Part II
Posted on 20 Oct 2011 by J. Wylie Donald

By J. Wylie Donald, Partner, McCarter & English We wrote yesterday to introduce Ceres' report on the disclosure of climate risks by insurers and considered its first Recommendation to Regulators concerning mandatory and public disclosures... Read More

Foley & Lardner: Additional States Enact NAIC Model Qualified Financial Contracts Law
Posted on 7 Sep 2011 by Foley & Lardner LLP

By Andrew Oberdeck , Senior Counsel, Foley & Lardner LLP Several states have recently added provisions to their insurance rehabilitation and liquidation acts which address the rights of parties to certain derivatives transactions with an insurance... Read More

DLA Piper Insurance Alert – “Hot Fun in the Summertime": Insurance Regulatory Activity Heats Up
Posted on 27 Aug 2013 by DLA Piper

The now iconic song of 1969 aptly describes the insurance regulatory activity we are seeing in the summer of 2013. During the last two weeks of July, the International Association of Insurance Supervisors (IAIS) announced new standards for regulation... Read More

Ceres and a Series of Serious Thoughts about the NAIC Climate Disclosures - Part I
Posted on 18 Oct 2011 by J. Wylie Donald

By J. Wylie Donald, Partner, McCarter & English Ceres released last month the first analysis of the insurer climate change disclosures submitted to state regulators pursuant to the National Association of Insurance Commissioners rule. The report... Read More

2013 in Review: 10 Most Important Insurance Regulatory Developments
Posted on 31 Jan 2014 by LexisNexis Insurance Law Newsroom Staff

Fred E. Karlinsky, Richard J. Fidei, Trevor B. Mask, and Benjamin J. Zellner of the law firm of Colodny, Fass, Talenfeld, Karlinsky, Abate & Webb have written an in-depth commentary comprised of a round-up of the ten most important developments in... Read More

LexisNexis® Insurance Law Community Podcast featuring Susan Voss, President of the National Association of Insurance Commissioners
Posted on 8 Apr 2011 by LexisNexis Legal Business Community Staff

On this edition, LexisNexis Insurance Law Community Manager Karen Yotis talks with Susan E. Voss, Commissioner of the Iowa Insurance Division and President of the NAIC, discusses the recent commissioners conference, health care reform issues, financial... Read More