It was announced on May 29, 2015 that Anne Melissa Dowling, CFA, will be appointed the Director of the Illinois Department of Insurance (IDOI) by Governor Bruce Rauner.
Dowling has close to 30 years of insurance industry experience. She spent 25 years in the private sector working at MassMutual, Aetna…
June 9, 2015
8:00 am – 1:30 pm
Locke Lord LLP
750 Lexington Avenue, 8th Floor
New York, NY 10022
Program:
Registration 8:00 am
Program 8:30 am
Lunch 12:30 pm
Program:
The Current State of Antitrust Immunity for Insurance Companies
by Thomas F. Bush and Rowe W. Snider
…
Read More Complimentary Seminar – 14th Annual Half-Day Insurance and Reinsurance Seminar
Michigan Governor Rick Snyder has named Pat McPharlin as the Director of the state Department of Insurance and Financial Services effective May 18th. McPharlin replaces current Director Ann Flood who has held the position since October of 2013. McPharlin has extensive service in the private financial sector and has served…
Read More Michigan Appoints New Director of Insurance
An ad-hoc group of Surplus Lines interested parties held their semi-annual meeting on March 27, 2015 in Scottsdale, AZ.
NARAB II, TRIA reauthorization, cyberinsurance, Dodd-Frank and Ride Sharing insurance related matters were among the many issues discussed on several panels.
There were also discussions relating to:
…
Read More Surplus Lines Law Group Holds it’s Semi-Annual Meeting in Scottsdale
Michael McRaith, the Director of the Federal Insurance Office, has offered useful information regarding the TRIA disclosure notices to supplement the February 6 interim guidance. The interim guidance called for an April 13, 2015 deadline for insurance companies to deliver certain TRIA-related notices to policyholders. During a March 19 conference…
Read More McRaith Offers Additional Information on the April 13 Deadline for TRIA Disclosure Notices
On March 20, 2015, Connecticut Governor Dannel P. Malloy announced that Katharine L. Wade will be the new Commissioner of the Connecticut Insurance Department (the “Department”). Ms. Wade has over 20 years of experience in the insurance industry. Most recently, she was Cigna Corporation’s Vice President of Public Policy, Government…
Read More Connecticut Governor Appoints Insurance Commissioner
Effective January 1, 2010, the National Association of Insurance Commissioners (NAIC) adopted the Annual Financial Reporting Model Regulations (Model Audit Rule), which among other requirements, substantially expanded the role of board of director audit committees in the oversight of insurance company financial reporting, auditor qualifications and independence, corporate governance and…
Read More Evolving Audit Committee Standards for Texas Insurers
The global stock of insurance linked securities at the end of 2014 was approaching $25.2 billion. Yesterday George Osborne unleashed the giant peach for the United Kingdom in a seemingly measured statement but one full of promises.
“2.228 Global reinsurance – the government announced at Autumn Statement 2014 that it…
Read More George Unleashes the Giant Peach
Illinois Governor Rauner has named Acting Director Jim Stephens as director of the Department of Insurance on a temporary basis through January 2017. The Governor’s Office will continue the search for a permanent director in the interim. The appointment does require Senate confirmation. Director Stephens was not able to continue…
Read More Illinois Department of Insurance has Appointed Temporary Director
MEDICAID INTERCEPTION
The Property and Casualty Insurance Committee adopted an amended 2014 NCOIL Model Act Regarding Medicaid Interception of Insurance Payments, which was approved by the Executive Committee later that day. The amended model creates an exemption for payments that a property-casualty insurer makes to fund a structured settlement annuity…
In addition to cookies that are necessary for website operation, this website uses cookies and other tracking tools for various purposes, including to provide enhanced functionality and measure website performance. To learn more about our information practices, please visit our Global Privacy Notice.
