Read More The ReMedi Spring Conference: Insurance and Reinsurance Mediation in the 21st Century
United States
New York Seeks Comments on Draft Regulation Prohibiting Use of Discretionary Clauses in Life and Health Insurance Policies
The New York Insurance Department has issued a proposed regulation that would prohibit life and health insurers from issuing policies that contain discretionary clauses (the “Proposed Regulation”). …
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Louisiana: Surplus Lines Exemption Bill Scheduled for Floor Debate
The Louisiana House of Representatives has scheduled a floor debate for April 21, 2010 on House Bill 285 (the “Bill”). …
Read More Louisiana: Surplus Lines Exemption Bill Scheduled for Floor Debate
Last Week in DC: News From Capitol Hill and the Department of Health and Human Services – April 19, 2010
After weeks of uncertainty, Congress finally cleared a federal program extension bill last week that will prevent Medicare physician payment cuts. …
Read More Last Week in DC: News From Capitol Hill and the Department of Health and Human Services – April 19, 2010
Update: National Flood Insurance Program Extended to May 31, 2010
As we previously reported here, last week the U.S. Senate failed to reinstate the National Flood Insurance Program (“NFIP”). …
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Tax Treatment of Carried Interest Could Be Revived in Senate
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Read More Tax Treatment of Carried Interest Could Be Revived in Senate
Connecticut Superior Court Awards Summary Judgment in Favor of Insurer on Uninsured Motorist Claim Involving Bottle-Throwing Pedestrian
The Connecticut Superior Court recently awarded summary judgment in favor of an insurer on an uninsured motorist claim involving a pedestrian who threw a bottle at the automobile driven by the plaintiff, injuring the plaintiff in the process. …
Read More Connecticut Superior Court Awards Summary Judgment in Favor of Insurer on Uninsured Motorist Claim Involving Bottle-Throwing Pedestrian
$30.3 Million Jury Award in Secondhand Asbestos Lawsuit Upheld on Appeal
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Read More $30.3 Million Jury Award in Secondhand Asbestos Lawsuit Upheld on Appeal
Update: U.S. Senate Fails to Extend National Flood Insurance Program
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Read More Update: U.S. Senate Fails to Extend National Flood Insurance Program
Iowa Enacts Law Requiring 30-Day Rate Hike Notice from Health Insurers
On April 9, 2010, Iowa’s governor Chet Culver signed measures (Senate File 2201) designed to create greater transparency and disclosure of health insurance premiums, and to expand the rights of consumers prior to any rate increases by insurance companies. …
Read More Iowa Enacts Law Requiring 30-Day Rate Hike Notice from Health Insurers