Insurers may soon benefit from reporting revisions to diversify and strengthen investment portfolios and enhance managing Risk Based Capital (“RBC”). As part of the ongoing National Association of Insurance Commissioners (“NAIC”) Investment Classification Project it is proposed that RBC for NAIC designated mutual funds be based on the underlying holdings
Read More Investment Project Expected to Yield Portfolio Strengthening and Risk Sensitivity
Regulatory
Insurance and Reinsurance Newsletter – September 2018
Locke Lord’s Insurance & Reinsurance Newsletter provides topical snapshots of recent developments in the fast-changing world of insurance. For further information on any of the subjects covered in the newsletter, please contact one of the members of our Insurance team.
In This Issue:
…
Read More Insurance and Reinsurance Newsletter – September 2018
TDI to Require Online Applications for Insurance Licenses
Texas Department of Insurance (TDI) has recently announced that it will now require online applications for most individual insurance related licenses.
Paper applications will no longer be accepted if an online license application is available.
Not all applications are web-based. Some license types are still required to be submitted using…
Read More TDI to Require Online Applications for Insurance Licenses
Join Locke Lord, AIRROC and Pro. for the Boston Regional Education Day
Wednesday, September 12, 2018
9:00 am – 5:00 pm Eastern
Locke Lord LLP
111 Huntington Avenue, 9th Floor
Boston, MA
The program will feature updates on some of the biggest trending topics for the insurance industry in 2018:
- Hurricane Maria: A Caribbean Cat and the Puerto Rico Insurance Experience
- Insurance
…
Read More Join Locke Lord, AIRROC and Pro. for the Boston Regional Education Day
Locke Lord LLP Attorney Jon Gillum Contributes to Inaugural Insurance Regulatory Event in Austin
Locke Lord LLP Senior Counsel Jon Gillum has been serving on the Planning Committee for a joint effort by the Insurance Section of the State Bar of Texas and the Austin Bar Association to increase the involvement of Texas insurance regulatory attorneys in bar activities. On August 29, 2018, Gillum…
Read More Locke Lord LLP Attorney Jon Gillum Contributes to Inaugural Insurance Regulatory Event in Austin
Maryland Obtains Waiver for Health Reinsurance Program
Maryland officials will formally announce Wednesday that the federal government has approved an ACA state innovation waiver intended to help shore up Maryland’s individual health insurance market, which has suffered from skyrocketing premiums and declining participation by healthier persons following the repeal of the ACA’s individual mandate. The plan will…
Read More Maryland Obtains Waiver for Health Reinsurance Program
Privacy & Cybersecurity Newsletter – August 2018
In This Issue:
- Follow the Leader: NYDFS Cybersecurity Regulation Leads the Way for Other States and Industries
- Biometrics: Illinois Supreme Court to Decide Whether Injury Is Required for Biometric Information Privacy Act Claims
- Dropping Another Stone in the Pond? California’s New Consumer Privacy Act
- State Legislative Action on Data Breach
…
Read More Privacy & Cybersecurity Newsletter – August 2018
Join Us – Locke Lord invites you to the Boston Regional Education Day – September 12
Join Locke Lord, AIRROC and Pro. for the Boston Regional Education Day
Wednesday, September 12, 2018
8:00 am – 5:00 pm Eastern
Locke Lord LLP
111 Huntington Avenue, 9th Floor
Boston, MA
The program will feature updates on some of the biggest trending topics for the insurance industry in 2018:…
Read More Join Us – Locke Lord invites you to the Boston Regional Education Day – September 12
NAIC Establishes Cannabis Insurance Working Group
The National Association of Insurance Commissioners (“NAIC”) voted earlier this week to establish a Cannabis Insurance Working Group (“Working Group”) to address insurance issues affecting the legalized cannabis industry. California Insurance Commissioner Dave Jones was appointed chair of the Working Group. Commissioner Jones stated, “Cannabis businesses face insurance availability and…
Read More NAIC Establishes Cannabis Insurance Working Group
REMINDER: You’re Invited – NAIC Summer Meeting Cocktail Reception – August 5
Locke Lord’s Regulatory & Transactional Insurance Practice Group Invites You to a Cocktail Reception & Hors d’oeuvre Buffet during the NAIC Summer 2018 National Meeting in Boston, MA.
Sunday, August 5, 2018
5:30 pm – 7:30 pm (Eastern)
Earls Kitchen & Bar
Prudential Center
800 Boylston Street, Unit 107
Boston,
Read More REMINDER: You’re Invited – NAIC Summer Meeting Cocktail Reception – August 5