In preparation for its report to Congress, as mandated under the Section 502 the Dodd-Frank Wall Street Reform and Consumer Protection Act, the Federal Insurance Office (FIO) is seeking comments from the public on the global reinsurance market and its role in supporting insurance in the U.S. …
Read More FIO Seeks Input Re Reinsurance Market

On July 27, 2012, the Texas Department of Insurance (the “TDI”) issued Bulletin B-0020-12 (the “Bulletin”) requiring all companies writing individual long-term care insurance for new customers in Texas after August 1, 2012 to submit rate information to the TDI by August 17, 2012. …
Read More Texas Requires that Insurers Submit Long Term Care Rate Information by August 17

FEDERAL HEALTH INSURANCE EXCHANGES TO BE OPERATIONAL BY PPACA DEADLINE
The Patient Protection and Affordable Care Act (PPACA) mandated that online health insurance exchanges be created and operating in all states by October 1, 2013, so that individuals and small groups can enroll in plans in advance of a January 1, 2014 start date. In states that do not create their own exchanges, the federal government will be required to implement federally operated exchanges. …
Read More Healthcare Update: Federal Health Insurance Exchanges to be Operational by PPACA Deadline; Congressional Recess Nears, Election Looms

Louis Mercedes and Stephen Ixer of Edwards Wildman recently authored an article on how the microinsurance market is making strides in Latin America, which appeared in LatAm Insurance Review. …
Read More Louis Mercedes & Stephen Ixer Analyze the Growth of Microinsurance in Latin America

On 25 July 2012 two papers were published which may affect the way in which EL insurers deal with mesothelioma victims who cannot trace their employers or EL insurers. …
Read More UK Government and the FSA propose changes to the treatment of mesothelioma victims who cannot trace their employers or EL insurers

The UK Government has published its formal response to the ruling by the European Court of Justice (ECJ) that insurance benefits and premiums should be gender neutral after 21 December 2012. …
Read More UK Government Publishes Response to Test-Achats Ruling on Gender Neutrality in Insurance

In Latvian Shipping Co v Russian People’s Insurance Co (ROSNO) Open Ended Joint Stock Co [2012] EWHC 1412 (Comm) the Court considered the appeal of an arbitration award on the grounds of serious irregularities within the Tribunal’s findings. …
Read More UK: Commercial Court Upholds Tribunal’s Decision not to Establish Quantum of Damages

We have previously reported on the English and Scottish Law Commissions’ (the Commissions) review of English insurance contract law. The review was launched in 2006 and since then has proposed reforms across diverse areas of insurance contract law. …
Read More UK: The Joint Law Commissions’ June 2012 Consultation on The Business Insured’s Duty of Disclosure and the Law of Warranties

Laurie Kamaiko will be one of the Chairs of the 2nd Annual C5 Forum to be held on October 9th and 10th, 2012 at the Crowne Plaza London-The City Hotel, UK.

C5’s 2nd annual Data Protection, Cyber Risk and Data Protection Insurance forum is a unique event specifically tailored to the insurance industry. …
Read More Cyber Risk and Data Protection Insurance, October 2012 London

The High Court has decided to stay two cases, Barnes v Black Horse Ltd and McIlquham v Black Horse Ltd [2012] EWHC 1950 (QB), in which the claimants allege they were missold PPI products by Black Horse Limited (part of the Lloyds TSB Group). …
Read More UK: Payment Protection Insurance Cases Stayed Pending Supreme Court Decision in Harrison v Black Horse