On October 21, the House Judiciary Committee voted to repeal health and medical malpractice insurers’ long-standing federal antitrust exemption. By a vote of 20-9 in which three Republicans crossed party lines to vote yes, the committee approved H.R. 3596, the Health Insurance Industry Antitrust Enforcement Act of 2009.
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United States
EAPD WEBINAR: Up Against a Chinese Drywall – Recent Developments in the Ongoing Products Liability and Coverage Litigation
The Insurance and Reinsurance Department of Edwards Angell Palmer & Dodge invites you to join them for “Up Against A Chinese Drywall: Recent Developments in the Ongoing Products Liability and Coverage Litigation” – a complimentary 60 minute webinar to be held Tuesday, October 27, 2009 at 12:00pm EDT / 4:00pm GMT.
AIRROC/Cavell Commutations and Networking Event 2009
Mark Everiss and Nick Pearson of Edwards Angell Palmer & Dodge were again busy at the 2009 AIRROC/Cavell Commutations and Networking Event. …
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Wisconsin Announces Emergency Rule for Implementation of Autism Coverage
By Troutman Pepper Locke on
This week, Wisconsin Governor Jim Doyle announced an emergency rule (the “Rule”) interpreting and implementing Section 632.895 (12m) of the Wisconsin Statutes which mandates that insurers and self-insured health plans provide coverage for the treatment of autism spectrum disorders. Specifically, Section 632.895 (12m) requires that every disability insurance policy (except
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AIRROC/Cavell Commutations and Networking Event 2009
Yesterday, October 20, 2009, Mark Everiss and Nick Pearson attended the second day of the AIRROC/Cavell Commutations and Networking Event 2009.
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Barbara Murray of Kemper Named as AIRROC’s Run-Off Person of the Year
At the lavish opening dinner of the AIRROC/Cavell Commutations and Networking Event 2009, Barbara Murray of Kemper was named as AIRROC’s run-off person of the year.
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AIRROC/Cavell Commutations and Networking Event 2009
The 2009 AIRROC/Cavell Commutations and Networking Event in New Jersey USA, began yesterday, October 19, 2009, with Mark Everiss and Nick Pearson of Edwards Angell Palmer & Dodge amongst the record number of attendees at this event.
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NAIC Moves Towards Principles Based Reserving for Life Insurance
By Troutman Pepper Locke on
The National Association of Insurance Commissioners (“NAIC”), at the Executive/Plenary session of its Fall National Meeting, adopted revisions to the Standard Valuation Model Law (“Valuation Model”) replacing the existing formula based approach for reserving life insurance policies with a principles based approach.
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Massachusetts May Permit Exclusion Of Terrorism From Commercial Fire Policies
The Massachusetts Joint Committee on Financial Services recently held a hearing regarding H.B. 960 (the “Bill”), which would permit commercial fire policyholders to exclude terrorism from their coverage. …
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Financial Regulatory Reform Update
By Troutman Pepper Locke on
Posted in Federal Legislative Developments, United States
The House Financial Services Committee is set to begin consideration of several bills that are key to achieving financial regulatory reform. Financial Services Chairman Barney Frank (D-MA) will convene a full committee markup on October 14, and is prepared for the session to span the course of multiple days, if necessary. …
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