Jurisdiction: United States
Breaking News: Massachusetts High Court Affirms Insurance Commissioner’s Property And Casualty Insurance Rate Increase Approval
Jan 4, 2008 | Massachusetts Developments, Regulatory | United States
Employer Health Plans To Pick Up The Tab For Older Employees
Jan 3, 2008 | Federal Legislative Developments, Healthcare, Regulatory | United States
Congress recently approved a Bill (S. 2499) that empowers federal regulators at the Department of Health and Human Services to ensure that employer health plans pay the medical bills of older employees even after these employees become eligible for Medicare.
Read MoreBond Insurer’s Decision to Cede Control to Regulators Could Foreshadow Trouble For The Municipal Bond Market
Jan 2, 2008 | D&O Liability, Subprime/Credit Crisis Developments | United States
Florida Regulators Reach Settlement with Universal Health Care Insurance Company
Jan 2, 2008 | Florida Developments, Insolvency, Restructuring and Run-Off, Regulatory | United States
Massachusetts Automobile Insurance – A Status Report
Jan 2, 2008 | Massachusetts Developments, Regulatory | United States
Absent Class Member Not Entitled to Privileged Work-Product of Lead Counsel
Jan 2, 2008 | D&O Liability, New York Developments | United States
Barclays Sues Bear Stearns Over Subprime Hedge Fund Losses
Jan 2, 2008 | Subprime/Credit Crisis Developments | United States
On December 19, 2007, Barclays, PLC, Britain’s third largest bank, filed a lawsuit against Bear Stearns in federal court over subprime losses from a failed Bear Stearns hedge fund. As we reported earlier this year, two hedge funds managed by Bear Stearns went bankrupt this summer because their investments were highly concentrated in the sub-prime market.
Read MoreFederal District Court Dismisses PIP Class Action Suit
Jan 2, 2008 | Coverage & Claims, Florida Developments | United States
A New Beginning for InsureReinsure.com
Jan 1, 2008 | Industry Developments | Bermuda, European Union, Hong Kong, United Kingdom, United States