After weeks of uncertainty, Congress finally cleared a federal program extension bill last week that will prevent Medicare physician payment cuts. …
Read More Last Week in DC: News From Capitol Hill and the Department of Health and Human Services – April 19, 2010

On 1 April 2010 the ABI held a seminar for liability carriers on developments in relation to EL, covering two main topics, the ELTO (Employers’ Liability Tracing Office) and a possible scheme for compensating those with EL claims. …
Read More UK: Proposals for compensating EL claimants

The Financial Services Act 2010 (the Act) received Royal Assent on 8 April 2010. The Act amends the Financial Services and Markets Act 2000 to address a number of issues that are perceived to have contributed to the financial services crisis …
Read More UK: Financial Services Act 2010

The Governor of Guangdong Province, representing the Guangdong Provincial Government, and the Chief Executive of the Hong Kong Special Administrative Region (the SAR) signed a Framework Agreement on Hong Kong/Guangdong Co-operation (the Framework Agreement) at a signing ceremony in Beijing on 7 April 2010. …
Read More HK: Hong Kong and Guangdong sign Cooperation Agreement

Though the Senate passed its Tax Extenders legislation in mid-March without including House language to change the tax treatment of the “carried interest” income of investment managers, the issue may receive a second look in the coming weeks. 

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Read More Tax Treatment of Carried Interest Could Be Revived in Senate

The Connecticut Superior Court recently awarded summary judgment in favor of an insurer on an uninsured motorist claim involving a pedestrian who threw a bottle at the automobile driven by the plaintiff, injuring the plaintiff in the process. …
Read More Connecticut Superior Court Awards Summary Judgment in Favor of Insurer on Uninsured Motorist Claim Involving Bottle-Throwing Pedestrian