As we reported here, the U.S. Department of Health and Human Services (“HHS”) recently issued final regulations (the “Final Rule”) implementing changes to HIPAA mandated by the HITECH Act. The long awaited Final Rule addresses a number of privacy and security topics, including breach notification.
Read More HHS Broadens Notification Obligations in Final Data Breach Notification Rule
UK: Principal’s Remedies for Secret Commission
The insurance industry employs many agents (for example, brokers, coverholders, underwriting agents) and inevitably there have been occasions when an agent has been in receipt of a secret commission (or bribe) in breach of the agent’s duties to its principal. …
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UK: Supreme Court Rules on Legal Advice Privilege
The Supreme Court has confirmed that legal advice privilege (LAP) applies only to advice given by members of the legal profession. …
Read More UK: Supreme Court Rules on Legal Advice Privilege
Edwards Wildman Complimentary Seminar – Directors and Officers Insurance: An International Perspective
February 5, 2013
Edwards Wildman Palmer LLP
750 Lexington Avenue, 8th Floor
New York, New York 10022
Edwards Wildman Speakers: John D. Hughes, Mary-Pat Cormier, Mark Meyer …
Read More Edwards Wildman Complimentary Seminar – Directors and Officers Insurance: An International Perspective
Edwards Wildman’s Insurance Practice Paves the Way for Firm-Wide Use of Social Media
For several years, the editors of insurereinsure.com have used social media tools to share blog posts and other information. Now, Edwards Wildman is following suit. Firm-related content is now available in a number of popular social media formats. …
Read More Edwards Wildman’s Insurance Practice Paves the Way for Firm-Wide Use of Social Media
BMA Announces Solvency II Will Not Apply to Captives
Joining Guernsey and the Cayman Islands, Jeremy Cox, CEO of the Bermuda Monetary Authority, announced that Bermuda will not apply Solvency II to captives. Mr. Cox’s remarks came during his presentation of the BMA’s 2013 Business Plan on January 29, 2013. Click here for the BMA’s press release. …
Read More BMA Announces Solvency II Will Not Apply to Captives
Illinois Appeals Court Declines To Extend “Time and Space Test” For Determining Number Of Occurrences To Cases Involving Single Negligent Act
In a recent decision, an Illinois appellate court determined that the collapse of a porch, resulting in injury or death to more than forty individuals, constituted a single “occurrence” for the purposes of determining coverage under a commercial general liability insurance policy. With this decision, the court recognized an important limitation on the applicability of a test previously adopted by the state’s Supreme Court for determining the number of occurrences implicated by a claim. …
Read More Illinois Appeals Court Declines To Extend “Time and Space Test” For Determining Number Of Occurrences To Cases Involving Single Negligent Act
Healthcare Update: Grassley Urges Action on Sunshine Act; HHS Awards New Exchange Grants
GRASSLEY URGES ACTION ON SUNSHINE ACT
In a January 22 letter to the White House, Sen. Chuck Grassley (R-IA) bemoaned the administration’s continued delay in implementing the Physician Payments Sunshine Act, part of the Patient Protection and Affordable Care Act (PPACA). The Sunshine Act requires that physicians report to the Department of Health and Human Services (HHS) their ownership and investment interests in, and payments or gifts that they receive from, manufacturers of drugs, devices and supplies.
Read More Healthcare Update: Grassley Urges Action on Sunshine Act; HHS Awards New Exchange Grants
Please Join the U.S. Reinsurance Under 40s Group for its First Social Event of 2013
The U.S. Reinsurance Under 40s Group will be hosting its first social event of the year this Wednesday, January 30th, at Three Sheets Saloon, which is located on 134 West 3rd Street (between 6th Avenue and MacDougal St.). The event will kick-off at 5:30 pm, and include various drink specials until closing. …
Read More Please Join the U.S. Reinsurance Under 40s Group for its First Social Event of 2013
UK: Supreme Court Child Abuse Ruling Has Important Implications for Insurance Industry
The Supreme Court has for the first time confirmed the existence of dual vicarious liability in the landmark ruling of The Catholic Child Welfare Society and others v Various Claimants (FC) and The Institute of the Brothers of the Christian Schools and others [2012] UKSC 56. …
Read More UK: Supreme Court Child Abuse Ruling Has Important Implications for Insurance Industry