Topic: State Legislative Developments

Colorado Proposes Guidance Bulletins for Life Algorithms & Predictive ‎Models Regulation

by Daniel Barry | Nov 27, 2023 | , , , |

On November 20, 2023, the Division of Insurance of the Colorado Department of Regulatory Agencies (“DORA”), published for a 9 day public comment period two proposed bulletins which would provide clarifying guidance on the implementation of Colorado Insurance Regulation 10-1-1: Governance of Risk Management Framework Requirements for Life Insurer’s Use of External Consumer Data and Information Sources, Algorithms, and Predictive Models, which was adopted in September 2023 pursuant to SB21-169.

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Illinois Passes Uniform Electronic Transactions Act

by Brian Casey | Jun 30, 2021 | , , , |

Illinois has passed Senate Bill 2176 which is effective as of June 25,2021, repeals the state’s former non-UETA “Electronic Commerce Security Act”, and includes the Uniform Electronic Transactions Act (UETA), making Illinois the 49th state to have adopted UETA and leaving New York as the only non-UETA state.

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LL Surplus Lines Series (Entry 5): 2019 WSIA Spring Surplus Lines Law Group Meeting Recap and Summary of Trends

by Zachary Lerner | Apr 8, 2019 | , , , , | , , ,

The Surplus Lines Law Group held its spring meeting on Friday, April 5 in Biloxi, Mississippi. A number of presentations were given at the meeting, including updates on the trends around the nation with respect to the diligence search requirement, international tax and cybersecurity issues, as well as a presentation by this author as to the challenges surrounding placing group insurance coverage on a surplus lines basis (including unique hurdles applicable to risk purchasing groups).

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LL Surplus Lines Series (Entry 4): Nebraska Becomes Latest State to Adopt Domestic Surplus Lines Legislation

by John Emmanuel | Mar 25, 2019 | , |

On March 12, 2019, Nebraska joined the small but growing number of states to adopt “domestic” ‎surplus lines legislation. Illinois was the first state to adopt domestic surplus lines legislation in ‎‎1998 but the trend only gained traction over the last few years.‎

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Privacy & Cybersecurity Newsletter – January 2019

Jan 17, 2019 | , , , , , |

Locke Lord’s Privacy & Cybersecurity Newsletter provides topical snapshots of recent developments in the fast-changing world of privacy, data protection, and cyber risk management. For further information on any of the subjects covered in the newsletter, please contact one of the members of our privacy and cybersecurity team.

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Texas Department of Insurance Announces New Legislative Priorities

by Jon Gillum | Dec 17, 2018 | , , |

The Texas Department of Insurance (“TDI”) has released its 2018 Biennial Report to the 86th ‎Texas Legislature. Every two years and pursuant to Texas Insurance Code section 32.022, TDI ‎releases a report on insurance areas that the Department has identified for priority attention in the ‎upcoming Texas legislative session.‎

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