Topic: Arbitration

Enstar pulled the trigger faster than Annie Oakley‎

Both Rhode Island and Oklahoma have enacted insurance business transfer acts, which allow insurers to transfer and novate books or portfolios of business to insurers domiciled in the respective States.  Rhode Island’s Voluntary Restructuring of Solvent Insurers Act became effective on June 30, 2007, and is codified by the Rhode Island Department of Business (“DBR”) Regulation 68. 

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Independent Contractor Misclassification: Class Action Lawyers Now Targeting the Insurance Industry

Independent insurance sales agents have been treated as independent contractors (ICs) for decades. But recently, class action lawyers have begun to target insurance companies with claims that carriers have misclassified these sales agents as ICs instead of employees.

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Five Key Legal Developments in 2017 in Independent Contractor Misclassification and Compliance Law – and What to Expect in 2018

Independent contractor misclassification class action lawsuits and administrative proceedings are becoming more prevalent. Why? Because most industries have made use of independent contractors either to supplement their workforce or as part of their business model.

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Massachusetts High Court Rules That Federal Arbitration Act Applies to Contracts Involving Interstate Commerce

In a decision that has implications for reinsurance, the Massachusetts Supreme Judicial Court last week decided that the Federal Arbitration Act preempts the Massachusetts Arbitration Act where the relevant contract involves interstate commerce. The decision is McInnes v. LPL Financial, LLC, et al., No. SJC-11356 (Aug. 12, 2013), and is available at the court’s website

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