EAPD’s Vincent Vitkowsky authored an article that is part of Business Insurance’s special edition about the impact and ramifications of 9/11 on the insurance industry. …
Read More Ten Years Later – The Insurance Industry’s Fight Against Terrorism

CMS UNVEILS FINAL RULE ON ELECTRONIC PRESCRIBING PROGRAM

The Centers for Medicare and Medicaid Services (CMS) recently released its final rule to amend the Medicare electronic prescribing incentive program. Established in 2008, the Medicare e-prescribing incentive program allows eligible providers to earn incentives related to their e-prescribing actions, and also includes penalties beginning in 2012 if they do not meet e-prescribing thresholds. …
Read More Healthcare Update: CMS Unveils Final Rule on E-Prescribing; Appeals Court Throws Out Two Challenges to Healthcare Law; Ways and Means Committee Democrats Begin to Discuss Medicare Cuts

Edwards Angell Palmer & Dodge’s Insurance and Reinsurance Department recently published its latest Newsletter, Insurance & Reinsurance Review – September 2011, which contains nine articles about various topics in the insurance and reinsurance industry. Please click on the links below to read each article and if you would like to be added to the mailing list to receive the next edition of the Insurance and Reinsurance Review, please email us at InsureReinsure@eapdlaw.com. To view the entire Insurance & Reinsurance Review – September 2011, please click here. …
Read More Insurance & Reinsurance Review – September 2011

On August 31, 2011, California Governor Edmund G. Brown, Jr., signed into law Senate Bill 24. The new law, which goes into effect January 1, 2012, amends the California data breach notification statute, Section 1798.82 of the California Civil Code, to require specific content in notices to affected individuals. …
Read More California Amends its Data Breach Notification Statute

On 1 September 2011, the British Insurance Brokers’ Association (BIBA) and the Institute of Insurance Brokers (IIB) submitted a joint response to the Financial Services Authority’s (FSA) consultation titled “The Financial Conduct Authority: The Approach to Regulation”, which encourages discussion of the new Financial Conduct Authority’s (FCA) approach to its objectives. …
Read More UK: BIBA and the IIB Call for Regulatory Reform

In its August 2011 letter to the U.S. Office of Personnel Management (“OPM”), the National Association of Insurance Commissioners (“NAIC”) raised concerns over OPM’s proposed guidelines for Multi-State Plans promulgated pursuant to the Patient Protection and Affordable Care Act (“PPACA”).1  These guidelines were drafted in response to OPM’s charge under PPACA that it contract with at least two health plans which must be automatically sold on all state Exchanges. …
Read More NAIC Comments on OPM’s Proposed Guidelines for Multi-State Plans under PPACA Exchanges

The International Association of Privacy Professionals (IAPP) will be hosting a web conference titled, “Data Breach Compliance and Response: Understanding the Laws and Being Prepared” on September 1, 2011 from 1:00PM-2:30PM EDT. …
Read More Web Conference on Data Breach Compliance and Response: Understanding the Laws and Being Prepared Tomorrow

In Mizuho Corporate Bank Ltd. v. Reliance Insurance Co. In Liquidation, No. 1 REL 2005 (Pa. Cmwlth. Aug. 8, 2011), a Pennsylvania court determined that claims for losses stemming from a failed motion picture arose under an insurance policy, rather than under financial guaranties.
Read More Court Finds Claims Arising from Insurance Policy, not from Financial Guaranties