Locke Lord Attorneys’ Brian Casey and Patrick Hatfield, will be part of the panel of experts on December 13 that will discuss the regulatory requirements of e-posting and e-delivery and the best practices to keep in mind to ensure maximum adoption.
Tuesday, December 13, 2016
2:00 PM EST – 3:00
Tucked away in the proposed arbitration rule of the U.S. Consumer Financial Protection Bureau is the addition of a new consumer financial product and service deemed to be within the purview of the CFPB. The arbitration rule, which would prohibit the inclusion of class action waivers in arbitration provisions for
Read More Locke Lord’s Brian Casey, Partner in the Atlanta office Authors “CFPB’s New Rules For Cellphone Carrier Third-Party Billers” for Law360 on November 30, 2016
Red Chalk Group presents this first of its kind event dedicated to the $1+ trillion insurance marketplace and designed for senior executives to engage leading industry and Blockchain experts as they address top-of-mind issues.
Tuesday, November 8, 2016
8:00 AM – 4:30 PM
UBS Tower
Conference Center on 2nd Floor
Read More Please Join Us – Blockchain Insurance Summit
The U.S. Eleventh Circuit Court of Appeals certified 2 questions under Florida law to the Florida Supreme Court relating to 3 STOLI life insurance policies. The Florida Supreme Court rephrased (and conflated) the 2 questions and stated the issue to be, “Can a party challenge the validity of a life
Read More Florida Supreme Court Advises the Eleventh Circuit that A STOLI Policy Cannot Be Rescinded After the Contestability Period
“SAP”
Insurance statutory accounting principles which are codified in the National Association of Insurance Commissioners’ Accounting Practices & Procedures Manual, and sometimes by “permitted practices” of the state insurance department; the term is oftentimes used as an accounting reference for insurance company financial matters in a stock purchase agreement and
Read More InsureTerms™/Terminology for the Consummate Insurance & Reinsurance Lawyer: “SAP”
During last few years, approximately 23 states passed seemingly favorable, pro ecommerce insurance laws, primarily at the behest of the personal lines property and casualty insurance industry, namely new state insurance code statutes that allow an insurer to deliver an insurance policy to a policyholder simply by posting an electronic
Read More Locke Lord’s Brian Casey, Partner in the Atlanta office, Authors “Where’s The E-Sign? A Primer On Electronic Signature Laws” for Law360 on August 30, 2016
“Retrocessionaire” noun/retro-cession-air
A reinsurance company or insurance company that assumes reinsurance risk ceded by another reinsurance company or insurance company acting as a primary reinsurer of an insurance company.Read More InsureTerms™/Terminology for the Consummate Insurance & Reinsurance Lawyer: “Retrocessionaire”
On May 5, 2016, the Consumer Financial Protection Bureau published its 377 page anticipated proposed regulation, which would create new Part 1040 in Chapter Ten of Title 12 of the Code of Federal Regulations, regarding the use of mandatory predispute arbitration clauses in contracts for certain types of consumer financial
Read More Locke Lord’s Brian T. Casey, Partner from the Atlanta Office authors “CFPB’s Arbitration Ban Could Affect Insurance Products” for Law360 on May 31, 2016
Key Legislative Bills Passed by Georgia Assembly in 2016 Legislative Session, which Adjourned March 24, 2016, subject to Governor’s signature or veto by May 9, 2016:
Life Insurance Agent Protection for Advising on Alternatives to Policy Lapse or Surrender HB 193 – amends Georgia Insurance Code by creating new Section
Read More Key Legislative Bills Passed by Georgia Assembly in 2016 Legislative Session
During the last few years, many states have undertaken aggressive efforts to collect sales tax on amounts paid for service contracts a/k/a extended warranties, which in most states are deemed not to be insurance products. A recent example of this effort is the South Carolina Administrative Law Court’s decision in
Read More SC Court Says Sales Tax Inapplicable to Cellphone Insurance Premiums