Jurisdiction: United States

Behind the Curtain

In Golon, Inc. v. Selective Insurance Company of the Southeast, et al., a Pennsylvania federal court recently held that an insurer must produce information about its reinsurance program in an action in which the insured plaintiff alleged its insurer engaged in bad faith in refusing to settle an underlying negligence case.  The underlying case involved a motor vehicle accident resulting in the death of a child in which the insured’s employee pled guilty to vehicular homicide.

Read More

Locke Lord and NAIC – Fall 2017 Meeting Information

Locke Lord’s Regulatory & Transactional Insurance Practice Group is pleased to be a part of the National Association of Insurance Commissioners meetings throughout the year. Being present at the NAIC national meetings and talking directly with attendees is one way that we stay abreast of industry trends, a critical component to the services we provide our clients.

Read More

NAIC Co-Hosts Webinar on Wearable Devices

On Monday, November 13, the National Association of Insurance Commissioners, in conjunction with the Center for Insurance Policy and Research and The Griffith Insurance Education Foundation, presented a webinar entitled “Wearables and their Insurance Implications.” The webinar covered a broad range of developments in the wearable space, as well as implications – both positive and negative – that may result from the proliferation of wearable devices.

Read More

NAIC Working Group Exposes Proposed Revisions to Life and Health Guaranty Association Model Act

On October 27, the NAIC Model Law (E) Working Group released an exposure draft of its proposed revisions to the Life and Health Guaranty Association Model Act (#520), intended to address the financial challenges of Long Term Care (“LTC”) insurance insolvencies, such as this year’s Penn Treaty liquidation, and to bring health maintenance organizations (“HMOs”) within the Guaranty Associations’ protection and assessment base.

Read More

Topics

Archives

Email the Editor

Click here to Email the Editor

Locke Lord LLP

For the latest information about our Firm visit lockelord.com