As we enter the next phase of life under COVID-19, new issues are emerging for the insurance industry. Locke Lord lawyers will tackle some of the issues over the next few months. Sign up for each program that interests you below. We look forward to sharing time with you as we navigate the new normal. One hour of CLE for each program is approved in CA, IL, TX and NY. Other states are pending.
Read MoreWebinar: Insurance IT Strategy and Regulatory Compliance: CCPA, Biometric and Genetic Information Privacy Laws, and Chatbots
Read MoreReminding NY DFS regulated entities that its Cybersecurity Regulation (23 NYCRR Part 500) requires assessment of cybersecurity risk, and the reporting of certain cybersecurity events within 72 hours, the DFS issued guidance specific to the current COVID-19 pandemic. The DFS guidance is appropriate for any business, whether or not subject to the NY Regulation.
Read MoreWe are pleased to present this 20th Anniversary edition of our Excess and Surplus Lines Law Manual. This edition reflects all of the pertinent changes in the surplus lines laws and regulations of the 50 states and U.S. territories during the past year. The website provides you with the ability to click on the states and territories of interest to view the updates.
Read MoreBased on orders issued by Texas Governor Greg Abbott in response to COVID-19, the Texas Department of Insurance has announced that certain licensing requirements and fees have been suspended for Texas-licensed insurance agents, adjusters, title agents, escrow officers, life settlement brokers, and life settlement providers.
Read MoreThe Texas Department of Insurance (TDI) has announced that the claims-handling deadlines imposed by Texas prompt-payment laws are extended by 15 days. The extension will assist carriers in responding to the Coronavirus pandemic and results from the combined operation of actions taken by Texas Governor Greg Abbott and Texas Insurance Commissioner Kent Sullivan.
Read MoreIn response to the outbreak of Covid-19, the Texas Department of Insurance (TDI) has issued almost daily updates for insurance companies, agents, and other regulated parties. Some of the steps TDI has taken which are of interest to the industry include the following
Read MoreOn February 13, 2020, the National Association of Insurance Commissioners (NAIC) in Executive/Plenary session passed sweeping changes to its Suitability in Annuity Transactions Model Regulation (#275), potentially greatly affecting the relationship between insurers, producers, and annuity consumers.
Read MoreThe insurance industry experienced significant and varied forms of new legislation and regulation during the last decade. Below, we highlight what we view as the top 10 of these legal and regulatory changes.
Read MoreOn January 9 from noon-1:00 p.m. CT, Locke Lord LLP and Novarica will look at new regulatory developments in analytics, use of data, and data security that have the potential to affect insurer technology strategy. This webinar covers the similarities and differences between NYDFS Cybersecurity Regulation and NAIC Data Security Model Law, the recent updates to the California Consumer Privacy Act of 2018, and the potential innovation opportunities and limitations surrounding insurance regulatory sandboxes.
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