Atlanta Partner and Co-Chair of Locke Lord’s Regulatory and Transactional Insurance Practice Brian Casey, Chicago Partner Ben Sykes and New York Partner Zachary Lerner co-authored a two-part article for Insurance Journal discussing the top insurance regulatory developments of 2020, examining a year that brought many changes to the industry.
Benjamin Sykes
Supreme Court Rules States Can Regulate PBMs
On December 10th, the Supreme Court of the United States issued its ruling in Rutledge v. Pharmaceutical Care Management Association (PCMA), which held Arkansas’ Act 900 is not pre-empted by ERISA. This decision is seen as a victory for the interests of patients, pharmacists, and community pharmacies, as states and local authorities will now have greater ability to regulate PBMs.…
NAIC Adopts Amendments to the Unfair Trade Practices Act Model Pertaining to Anti-Rebating
The NAIC Innovation and Technology (EX) Task Force met December 4th and discussed and adopted model law language amendments to the Unfair Trade Practices Act (#880) pertaining to anti-rebating. The adopted amendments permit the offer or provision by insurers or producers, by or through employees, affiliates or third party representatives, of value-added products or services at no or reduced cost when such products or services are not specified in the policy of insurance if the product or service relates to the insurance coverage and meets certain other specified criteria.…
COVID-19 Weekly Insurance Regulatory Updates To Keep You Informed During The Lockdown (October 26-30, 2020)
In conjunction with the Locke Lord COVID-19 task force, we are reviewing, analyzing, and compiling regulatory updates to provide clients easy access to information during this unprecedented time. If you have any questions on the subject matter below, do not hesitate to reach out. The information below relates to state and federal bulletins, emergency orders, pending/enacted legislation, and other related actions taken in response to the COVID-19 pandemic. …
COVID-19 Weekly Insurance Regulatory Updates To Keep You Informed During The Lockdown (October 19-23, 2020)
In conjunction with the Locke Lord COVID-19 task force, we are reviewing, analyzing, and compiling regulatory updates to provide clients easy access to information during this unprecedented time. If you have any questions on the subject matter below, do not hesitate to reach out. The information below relates to state and federal bulletins, emergency orders, pending/enacted legislation, and other related actions taken in response to the COVID-19 pandemic. …
COVID-19 Weekly Insurance Regulatory Updates To Keep You Informed During The Lockdown (October 10-16, 2020)
In conjunction with the Locke Lord COVID-19 task force, we are reviewing, analyzing, and compiling regulatory updates to provide clients easy access to information during this unprecedented time. If you have any questions on the subject matter below, do not hesitate to reach out. The information below relates to state and federal bulletins, emergency orders, pending/enacted legislation, and other related actions taken in response to the COVID-19 pandemic.…
COVID-19 Monthly Insurance Regulatory Updates To Keep You Informed During The Lockdown (September 2020)
For September we have provided a monthly recap of insurance regulatory COVID-19 updates. Moving forward updates will be published on a weekly basis.…
COVID-19 Daily Insurance Regulatory Updates To Keep You Informed During The Lockdown (August 31, 2020)
In conjunction with the Locke Lord COVID-19 task force, we are reviewing, analyzing, and compiling regulatory updates to provide clients easy access to information during this unprecedented time. If you have any questions on the subject matter below, do not hesitate to reach out. The information below relates to state and federal bulletins, emergency orders, pending/enacted legislation, and other related actions taken in response to the COVID-19 pandemic. …
COVID-19 Daily Insurance Regulatory Updates To Keep You Informed During The Lockdown (August 28, 2020)
In conjunction with the Locke Lord COVID-19 task force, we are reviewing, analyzing, and compiling regulatory updates to provide clients easy access to information during this unprecedented time. If you have any questions on the subject matter below, do not hesitate to reach out. The information below relates to state and federal bulletins, emergency orders, pending/enacted legislation, and other related actions taken in response to the COVID-19 pandemic.…
COVID-19 Daily Insurance Regulatory Updates To Keep You Informed During The Lockdown (August 27, 2020)
In conjunction with the Locke Lord COVID-19 task force, we are reviewing, analyzing, and compiling regulatory updates to provide clients easy access to information during this unprecedented time. If you have any questions on the subject matter below, do not hesitate to reach out. The information below relates to state and federal bulletins, emergency orders, pending/enacted legislation, and other related actions taken in response to the COVID-19 pandemic.…