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Regulation of Rates and Risk Classification – New Appleman on Insurance Law Library Edition, Chapter 11

By Nathanial Shapo. Due to its central role in United States society (see Section 11.01), it is settled public policy that insurance is a heavily regulated industry. However, what constitutes efficient and effective regulation of this commercial enterprise constitutes a subject of vigorous debate....

Ballard Spahr Legal Alert: Court Denies Pennsylvania Insurance Department’s Move to Liquidate Two Long-Term Care Insurers

By Douglas Y. Christian, Damian L. DiNicola, and Benjamin M. Schmidt, Attorneys, Ballard Spahr LLP The Commonwealth Court of Pennsylvania has rejected the efforts of the Pennsylvania Insurance Department (PID) to liquidate two long-term care insurance (LTCI) companies domiciled in Pennsylvania...