Regulatory Archives - Page 3 of 168 - Insurance & Reinsurance

Connecticut Adopts Insurance Data Security Law

by Ben FrazziniKendrick and Theodore Augustinos | Aug 5, 2019 | Connecticut Developments, Privacy/Data Security/Cyber Risk, Regulatory | United States

To date, six states from Michigan to Alabama have adopted versions of the National Association of Insurance Commissioner’s model insurance data security law (the “NAIC model”). The NAIC model generally requires entities licensed or authorized to operate under a state’s insurance laws to develop a cybersecurity program, investigate and report data breaches, and certify compliance with the law to the state’s insurance commissioner. Connecticut joined the growing list of states that have adopted a version of the NAIC model, buried in a budget bill, when Governor Ned Lamont signed Public Act 19-117 (the “Act”), on June 26, 2019, effective in relevant part on October 1, 2020.

You’re Invited – NAIC Summer National Meeting Cocktail Reception – August 4

Jun 27, 2019 | Regulatory

Locke Lord’s Regulatory & Transactional Insurance Practice Group Invites You to a Cocktail & Hors d’oeuvre Reception During the NAIC National Summer Meeting

Locke Lord Receives Deal of the Year Award From The Deal for Role in CVS Health’s Acquisition of Aetna

Jun 21, 2019 | Healthcare, Regulatory

The Deal has awarded Locke Lord with its 2019 Deal of the Year distinction for the Firm’s role as national insurance regulatory counsel to CVS Health in its completed acquisition of Aetna. The honor was announced at the June 20 ceremony for The Deal Awards, which recognize leading lawyers, bankers, advisers and investors who are setting the trends in the industry.

Locke Lord QuickStudy: New Washington Statutory Financial Requirements for Providers of Service Contracts and Protection Product Guarantees Effective July 28, 2019

by Paige Waters | Jun 17, 2019 | Regulatory, Service Contracts and Warranties

Washington H.B. 1001 was enacted on April 8, 2019, and will take effect on July 28, 2019.1 H.B. 1001 makes changes to Wash Rev. Code Chapter 48.110 governing service contracts and protection product guarantees which permit new items to be covered under service contracts and establishes new minimum net worth and financial responsibility requirements for service contract providers.

Mike Rohan Elected to IRES Board

by Michael Rohan | Jun 5, 2019 | Regulatory

Chicago Of Counsel Mike Rohan has been elected to the Board of Directors of the Insurance Regulatory Examiners Society (IRES) Foundation. The Foundation’s mission is to promote professionalism and education in the insurance regulatory community and to educate the private sector about state insurance regulation.

Ben Sykes Provides Testimony on NAIC Anti-Rebating Law

by Benjamin Sykes | Jun 4, 2019 | InsurTech, Regulatory

Chicago partner Ben Sykes provided testimony on the NAIC Anti-Rebating law’s impact on innovation today at the NAIC Innovation & Technology Task Force at the NAIC Insurance Summit, in Kansas City.

It’s Not Too Late to Register – Locke Lord Invites You to a Cocktail Reception During the NAIC National Spring Meeting – April 7

Apr 4, 2019 | Regulatory

Locke Lord’s Regulatory & Transactional Insurance Practice Group Invites You to a Cocktail & Hors d’oeuvre Reception During the NAIC National Spring Meeting in Orlando, FL

Excess and Surplus Lines Law Manual 2019 Update

by John Emmanuel and Zachary Lerner | Mar 14, 2019 | Excess and Surplus Lines, Regulatory | United States

We are happy to provide the 2019 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.

You’re Invited – NAIC Spring National Meeting Cocktail Reception – April 7

Mar 13, 2019 | Regulatory | United States

Locke Lord’s Regulatory & Transactional Insurance Practice Group Invites You to a Cocktail & Hors d’oeuvre Reception During the NAIC National Spring Meeting in Orlando, FL

Washington, D.C. Establishes Financial Services Regulatory Sandbox and Innovation Council

Feb 14, 2019 | InsurTech, Regulatory | United States

Washington, D.C. Mayor Muriel Bowser recently established the District of Columbia Financial Services Regulatory Sandbox and Innovation Council (the “Council”). The Council has been tasked with analyzing and reporting on the viability of implementing a financial services regulatory sandbox in the District.

Topic: Regulatory

Connecticut Adopts Insurance Data Security Law

You’re Invited – NAIC Summer National Meeting Cocktail Reception – August 4

Locke Lord Receives Deal of the Year Award From The Deal for Role in CVS Health’s Acquisition of Aetna

Locke Lord QuickStudy: New Washington Statutory Financial Requirements for Providers of Service Contracts and Protection Product Guarantees Effective July 28, 2019

Mike Rohan Elected to IRES Board

Ben Sykes Provides Testimony on NAIC Anti-Rebating Law

It’s Not Too Late to Register – Locke Lord Invites You to a Cocktail Reception During the NAIC National Spring Meeting – April 7

Excess and Surplus Lines Law Manual 2019 Update

You’re Invited – NAIC Spring National Meeting Cocktail Reception – April 7

Washington, D.C. Establishes Financial Services Regulatory Sandbox and Innovation Council

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