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  • Article

    Life and Annuity Series: Cost-of-Insurance Charge Litigation

    Plaintiffs' lawyers have been challenging cost-of-insurance (COI) charges for years, with mixed results. The following outline reviews the most recent flurry of cases.
    United StatesInsurance
    WilmerHale
    WilmerHale
  • Article

    New NAIC Risk-Based Capital Task Force Launches; Financial Stability Task Force Reviews Key Priorities

    The RBCMG TF held its inaugural meeting via teleconference in advance of the upcoming Spring National Meeting of the NAIC. The meeting materials are available online.
    United StatesInsurance
    Mayer Brown
    Mayer Brown
  • Article

    The Index Clause: One Way To Stem The Effect Of Inflation On Long-Tail Claims Under Excess-Of-Loss Reinsurance Contracts

    Because many insurance claims take years to be settled or adjudicated, inflation tends to increase the cost of these long-tail claims to insurance and reinsurance companies.
    United StatesInsurance
    Dewey & LeBoeuf LLP
    Dewey & LeBoeuf LLP
  • Article

    When Is An Interim International Arbitral Award "Final" Enough For Judicial Enforcement?

    A federal court must of course have subject matter jurisdiction to entertain an application to confirm or enforce an arbitration award.
    United StatesLitigation, Mediation & Arbitration
    Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.
    Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.
  • Article

    Getting To Know Chiquita Brooks-LaSure, Reported Administrator-designate Of The Centers For Medicare & Medicaid Services

    On February 17, 2021, it was reported that President Biden would nominate Chiquita Brooks-LaSure as Administrator of the Centers for Medicare & Medicaid Services (CMS)
    United StatesFood, Drugs, Healthcare, Life Sciences
    Akin
    Akin
  • Article

    NAIC Updates – October 2017

    The NAIC Reinsurance Task Force held its most recent open meeting on Monday, August 7, 2017 during the NAIC 2017 Summer National Meeting in Philadelphia, Pennsylvania.
    United StatesInsurance
    Stroock & Stroock & Lavan LLP
    Stroock & Stroock & Lavan LLP
  • Article

    Data Center Insurance Boom May Obscure Claims’ Difficulty

    An S&P Global Ratings report published on April 13 projects that insurance premiums tied to data center construction and operations could reach $10 billion in 2026, with annual data center investment expected...
    United StatesInsurance
    Bracewell LLP
    Bracewell LLP
  • Article

    Micro-Captives And Mega Headaches: The US IRS Designates Micro-Captive Insurers As Listed Transactions

    On April 10, 2023, the Internal Revenue Service ("IRS") issued proposed regulations further tightening the circle around micro-captive insurance transactions.
    United StatesInsurance
    Mayer Brown
    Mayer Brown
  • Article

    US NAIC Fall 2024 National Meeting Highlights: Life Actuarial (A) Task Force – Asset Adequacy Testing For Reinsurance

    On November 15 and 16, 2024, the Life Actuarial (A) Task Force (LATF) met at the Fall 2024 National Meeting of the US National Association of Insurance Commissioners...
    United StatesInsurance
    Mayer Brown
    Mayer Brown
  • Article

    The Coverage Tower - With a Profusion of Service Provider Contracts and Policy Documents, Sometimes Captive Perils Sit Alongside the Rewards

    For just about every risk manager these days, captive insurance is an option that is being considered if not already utilised.
    United StatesInsurance
    Anderson Kill
    Anderson Kill
  • Article

    U.S. Reps. Bean And Royce Introduce National Insurance Consumer Protection Act (H.R. 1880)

    Citing the nation's financial meltdown and the U.S. government's heavy involvement with insurance giant American International Group (AIG), U.S. Reps. Melissa Bean (D-Ill.) and Ed Royce (R-Ca.) introduced a bill on April 2, 2009, which, if passed, would bring widespread, fundamental change to the U.S. insurance regulatory scheme.
    United StatesInsurance
    Foley & Lardner LLP
    Foley & Lardner LLP
  • Article

    GAO Recommends Common Regulatory Standards For Risk Retention Groups

    The United States Government Accountability Office ("GAO") recently completed a study regarding regulation of risk retention groups ("RRGs"), insurers authorized to write insurance on a national basis pursuant to the federal Liability Risk Retention Act of 1986 ("LRRA").
    United StatesCorporate/Commercial Law
    Foley & Lardner LLP
    Foley & Lardner LLP
  • Article

    United States: Insurance & Reinsurance – Country Comparative Guides 2023

    In The Legal 500's 2023 Country Comparative Guides, Mayer Brown partners Larry Hamilton, Vikram Sidhu, Sanjiv Tata and Jared Wilner authored a section on Insurance & Reinsurance in the United States.
    United StatesInsurance
    Mayer Brown
    Mayer Brown
  • Article

    McGuireWoods Healthcare Reform Guide: Installment No. 4 - HHS Answers Key Questions on the Early Retiree Health Reinsurance Program

    HHS Answers Key Questions on the Early Retiree Health Reinsurance Program. The Department of Health and Human Services (HHS) recently issued regulations that implement the Early Retiree Reinsurance Program (ERRP)
    United StatesFood, Drugs, Healthcare, Life Sciences
    McGuireWoods LLP
    McGuireWoods LLP
  • Article

    Preserving Privilege In Reinsurance Audits

    Virtually every reinsurance treaty includes an audit clause, granting the reinsurer access to the ceding company’s records. Reinsurers routinely invoke the clause to conduct periodic audits and to monitor claims that are likely to cause significant losses to the reinsurer.
    United StatesInsurance
    Foley & Lardner LLP
    Foley & Lardner LLP
  • Article

    Insurance & Reinsurance Alert: Reinsurer And Corporate Officer Held Liable Under Chapter 93A For Disavowing Reinsurance Agreement And "Stringing Along" The Cedent

    In an important decision with implications for cedents and reinsurers alike, the District Court for the District of Massachusetts, after a two-week bench trial, has held a reinsurer and its controlling officer liable under Chapter 93A (Massachusetts Unfair and Deceptive Trade Practices Act) for their bad-faith disavowal of a reinsurance agreement.
    United StatesInsurance
    Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.
    Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.
  • Article

    Reinsurer And Corporate Officer Held Liable Under Chapter 93A For Disavowing Reinsurance Agreement And "Stringing Along" The Cedent

    In an important decision with implications for cedents and reinsurers alike, the District Court for the District of Massachusetts, after a two-week bench trial, has held a reinsurer and its controlling officer liable under Chapter 93A (Massachusetts Unfair and Deceptive Trade Practices Act) for their bad-faith disavowal of a reinsurance agreement.
    United StatesInsurance
    Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.
    Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.
  • Article

    Acquisitions Of (Re)insurance Undertakings By Private Equity Funds – Supervisory Statement Of EIOPA

    On 27 January 2026, the European Insurance and Occupational Pensions Authority (EIOPA) provided a Consultation Paper on a Supervisory Statement addressed to national supervisory authorities with the aim of ensuring...
    European UnionInsurance
    Mayer Brown
    Mayer Brown
  • Article

    NAIC Task Force Advances Credit For Reinsurance Reforms In Response To Covered Agreements

    On a May 15 conference call, the Reinsurance Task Force of the National Association of Insurance Commissioners (NAIC) advanced model legislation on reciprocal treatment for reinsurers as between the United States, on the one hand, and the EU
    GlobalInsurance
    Herbert Smith Freehills Kramer LLP
    Herbert Smith Freehills Kramer LLP
  • Article

    Can D&O Insurance Protect Outside Directors Against "Personal Wealth" Settlement Demands?

    Outside corporate directors have been the targets of recent highly publicized cases in which shareholders and regulators have sought to hold them personally liable beyond available insurance, not for their participation in fraud, but rather for allegations of negligent oversight.
    United StatesInsurance
    Bingham McCutchen
    Bingham McCutchen
  • Showing 481–500 of 583 results

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