Topic: California Developments

California Department of Insurance Notice of Public Hearing on “Gender Non-discrimination in Automobile Insurance Rating rulemaking project

On October 19th the CDI gave a 45 day notice of a public hearing to be held on December 3, 2018, at 10:00 a.m. at the CDI’s offices in Sacramento. The hearing is to consider amending the California Code of Regulations to eliminate the use of gender in private passenger automobile insurance rating in California pursuant to the authority granted by California Insurance Code section 1861.02(a)(4).

Read More

New California Legislation Governing Health Plans’ Relationships with Pharmacies and Pharmacy Benefit Managers

Last month, California Governor Jerry Brown signed AB 315 into law. AB 315 is California’s version of the growing national trend to regulate pharmacy benefit managers (“PBMs”). PBMs are entities that not only manage prescription drug benefits under health insurance plans, including drug utilization review, drug plan formulary development, selecting pharmacies for prescription drug networks, and determining reimbursements for those pharmacies, but also operate mail order and specialty pharmacies themselves.

Read More

California Amends Consumer Data Privacy Act, but Leaves Material Provisions Unchanged and Questions Unanswered

Update: the Governor of California, signed Senate Bill 1121 on September 23, 2018, ratifying the amendments described below.
On August 31, 2018, the California State Legislature passed Senate Bill 1121, amending the California Consumer Privacy Act of 2018 (“CCPA”).  The CCPA, which contains the broadest consumer data privacy protections in the country, was hastily passed in June to forestall an advocacy group from putting a more restrictive bill before voters in a November referendum.

Read More

Back to the Future

Prior to the 1990’s Bellefonte Reinsurance Co. v. Aetna Cas. & Sur. Co., 903 F.2d910 (2d Cir. 1990) (“Bellefonte”) decision, the insurance/reinsurance industry operated under the assumption that expenses in addition to loss, unless explicitly excluded, were included coverages under facultative reinsurance certificates.

Read More

InsurTech

Topics

Archives

Email the Editor

Click here to Email the Editor

Locke Lord LLP

For the latest information about our Firm visit lockelord.com