Reporting Developments Affecting the Insurance and Reinsurance Industries
Locke Lord’s Insurance & Reinsurance Newsletter provides topical snapshots of recent developments in the fast-changing world of insurance. For further information on any of the subjects covered in the newsletter, please contact one of the members of our Insurance team.
Read MoreOn January 10, 2019, Massachusetts Governor Baker signed “An Act relative to consumer protection from security breaches” (House Bill No. 4806), which added new requirements and obligations for companies that experience a data breach.
Read MoreZachary Lerner, a Partner in Locke Lord’s New York office and member of the Regulatory and Transactional Insurance Practice Group, wrote a Law360 article “An FAQ on the State of Direct Procurement Insurance,” which outlines common questions people unfamiliar with direct procurement insurance might have and best practices in carrying out direct procurement transactions.
Read MoreThe Federal Reserve (FRB) has released new information on proposed capital rules for insurers that own a depository institution.
Read MoreColin M. Hayashida has been appointed the Hawaii Insurance Commissioner effective January 1, 2019. He was appointed by Department of Commerce and Consumer Affairs (DCCA) Director Catherine P. Awakuni Colón.
Read MoreMichigan Governor-elect Gretchen Whitmer has appointed Anita Fox as Director of the Department of Insurance and Financial Services. Anita Fox will replace Patrick M. McPharlin who has served as the Director since May 2015.
Read MoreMaria T. Vullo announced today that she will be stepping down as Superintendent of the New York Department of Financial Services effective February 1, 2019.
Read MoreThe Texas Department of Insurance (“TDI”) has amended its administrative rules governing Texas captive insurance companies.
Read MoreThe 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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