Joseph G. Murphy, the acting Massachusetts Insurance Commissioner, has been named the new Massachusetts Insurance Commissioner. Murphy temporarily took over the duties of insurance commissioner after Nonnie Burns stepped down in September 2009.
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Massachusetts Developments
Massachusetts Attorney General Issues Report Stating Managed Competition of Auto Insurance Has Failed
By Troutman Pepper Locke on
At the end of December 2009, Massachusetts Attorney General Martha Coakley released a comprehensive report criticizing Massachusetts managed competition system for the deregulation of auto insurance. Prior to the managed competition system being introduced in 2007, auto insurance rates were set by the Massachusetts Division of Insurance for all insurers. …
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EAPD WEBINAR LINK: Privacy and Data Breaches
Privacy and data breaches are part of every company’s nightmare of what can go wrong. There is no company in any industry that is not exposed to risks and liabilities related to unauthorized access to personal information of individuals. The risk of data breaches, and the regulations governing company obligations to secure data, and to provide notification in the event of a breach, are increasing dramatically. …
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EAPD Complimentary Webinar: Privacy and Data Breaches (December 1, 2009)
The Insurance and Reinsurance Department of Edwards Angell Palmer & Dodge invite you to join them for the following complimentary webinar: “The Continuing Nightmare of Data Breach and Privacy Risks and Regulations: Increasing Risks, New Regulations, and Changing Deadlines.”
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Recent Developments: The FTC Red Flags Rule and Massachusetts Security Regulation
October 30, 2009 brought several noteworthy developments to the enforcement of the Red Flags Rule and finalization of the Massachusetts security regulation, all of which may affect what you must do to comply.
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Massachusetts May Permit Exclusion Of Terrorism From Commercial Fire Policies
The Massachusetts Joint Committee on Financial Services recently held a hearing regarding H.B. 960 (the “Bill”), which would permit commercial fire policyholders to exclude terrorism from their coverage. …
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Public Hearing on Massachusetts Information Security Regulations
On September 22, 2009, Socheth Sor of Edwards Angell Palmer & Dodge LLP testified at a public hearing before the Massachusetts Office of Consumer Affairs and Business Regulation (“OCABR”) in Boston regarding 201 CMR 17.00, Standards for the Protection of Personal Information of Residents of the Commonwealth (the “Regulations”).
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Massachusetts Insurance Commissioner Steps Down for Position in Academia
By Troutman Pepper Locke on
According to industry reports, Massachusetts Insurance Commissioner, Nonnie S. Burnes, recently announced her plan to resign from the Insurance Department to become a senior university fellow at Northeastern University, where she earned her law degree. …
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First Circuit Narrows Scope of Attorney Work Product Privilege
By Troutman Pepper Locke on
In a case concerning an IRS audit — but having potentially far-reaching implications for all manner of litigation and discovery — United States v. Textron, Inc., No. 07-2631 (1st Cir. Aug. 13, 2009), the First Circuit en banc recently held that the “attorney work product” doctrine protects only documents prepared for use in litigation.
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BREAKING NEWS: Client Advisory – Amended Massachusetts Security Regulations and Extension of Effective Date
On August 17, 2009, the Massachusetts Office of Consumer Affairs and Business Regulation (the “OCABR”) issued a press release announcing important amendments to 201 CMR 17.00: Standards for the Protection of Personal Information of Residents of the Commonwealth (the “Regulations”), and a third extension of its effective date from January 1, 2010 to March 1, 2010. The OCABR also called a public hearing scheduled for September 22, 2009 in connection with the Regulations.