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Locke Lord’s Regulatory and Transactional Insurance Practice Group has teamed with Novarica, a leading insurance industry technology research, advisory services and consulting firm, to address the impact of evolving insurance regulation on information technology systems of insurance and reinsurance companies. Atlanta Partner Brian Casey, Co-Leader of Locke Lord’s Regulatory and Transactional Insurance Practice Group, Hartford Office Managing Partner Ted Augustinos, member of the steering committee of the Firm’s Privacy and Cybersecurity Group, and Chicago Partner Ben Sykes co-authored the first installment of a quarterly report with Novarica on insurance technology strategy and regulatory compliance.…

Read More Insurance Technology Strategy and Regulatory Compliance, Vol. 1

On May 28, 2019, Brian Casey, along with the senior leadership of the Chamber of Digital Commerce, the United States leading trade association representing the digital asset and blockchain industry, and representatives of two of its other members, USAA and AIG, and met with Federal Insurance Office’s Director Steven Seitz and several of his key, senior policy leadership team members to discuss the state of the insurtech industry and the existing and potential applications of blockchain technology to the insurance and reinsurance industries.
Read More Brian Casey and Chamber of Digital Commerce Meet with FIO

Locke Lord LLP Atlanta Partner Brian Casey and Austin Senior Counsel Jon Gillum have co-authored an article for Law360 explaining how to navigate federal and state laws for service contracts, which are also known as extended warranties…
Read More Locke Lord LLP Attorneys Brian Casey and Jon Gillum Publish Article on Navigating State and Federal Regulations for Extended Warranties

Title: Dissecting the Amendments to Florida’s Viatical Settlement Act – Plus, a brief update on Delaware’s Amended Viatical Settlements Act
Date: Wednesday, December 20, 2018
Time: 12:00 pm Central / 1:00 pm Eastern

This program will discuss the 2017 amendments to Florida’s Viatical Settlement Act that became…
Read More Reminder – You are invited to a Complimentary CLE Webinar for Clients and Friends of Locke Lord LLP

You are invited to a Complimentary Webinar for Clients and Friends of Locke Lord LLP

Title: Dissecting the Amendments to Florida’s Viatical Settlement Act – Plus, a brief update on Delaware’s Amended Viatical Settlements Act
Date: Wednesday, December 20, 2018
Time: 12:00 pm Central / 1:00 pm…
Read More Please Join Us for a Locke Lord Webinar – Dissecting the Amendments to Florida’s Viatical Settlement Act – December 20

As we previewed here earlier this year, the Texas Legislature passed legislation expressly permitting service contracts regulated by the Texas Department of Licensing and Regulation to include the replacement of a motor vehicle key or key-fob.  This new law became effective September 1, 2017.  A copy of the new law…
Read More Texas Service Contract Law Now Permits Key-Fob Replacement

You are Invited to a Complimentary Live Webinar sponsored by DocuSign

Title:  Lessons in Digital Transformation: An Overview of eSignature Legal Validity and Case Law
Date: Tuesday, July 11, 2017
Time: 10:00 am PT / 1:00 ET

Under the ABA Model Rules, we can no longer disregard the effects of…
Read More Webinar: Lessons in Digital Transformation: An Overview of eSignature Legal Validity and Case Law

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The following are summaries some of the key legislative bills that the Georgia General Assembly adopted in its 2017 legislative regular session that affect the insurance industry. The 2017 legislative session, which ended on March 30, 2017, was the first year of the state’s…
Read More Key Insurance Industry Bills Passed by Georgia Assembly in 2017 Legislative Session

The Texas Legislature is considering legislation that would expressly permit service contracts to include the replacement of a motor vehicle key or key-fob. Specifically, Senate Bill 1263 and House Bill 2275 would redefine “service contract” in Texas Occupations Code section 1304.003 to include “the replacement of a motor vehicle key…
Read More Key-Fob Amendment to Texas Service Contract Law Considered by Legislature

“Surplus Note”

A hybrid corporate finance instrument unique to insurance companies which constitutes surplus (equity) for insurance law and statutory accounting purposes yet generally constitutes debt for federal income tax purposes, which is similar to subordinated debt and sits above the stockholders, but below general creditors, of the issuing insurance company.

Read More InsureTerms™/Terminology for the Consummate Insurance & Reinsurance Lawyer: “Surplus Note”