Eric Dunning has been appointed as the Nebraska Director of Insurance as of April 19, 2021. Mr. Dunning was previously an attorney with the Nebraska Department of Insurance for 15 years and most recently was the Director of Government Affairs for Blue Cross Blue Shield of Nebraska.
Read MoreOn March 24, Locke Lord lawyers Brian Casey, Benjamin Sykes and Daron Janis, along with Mitch Wein, Senior Vice President of Research and Consulting at Novarica, will look at new regulatory developments in analytics, data usage, and data security that have the potential to affect insurer technology strategy.
Read MoreGiven increasing reliance on “managing general agents”, managing general underwriters, program administrators or managers, brokers, agents, coverholders, and other entities delegated insurer underwriting authority (collectively “Delegated Underwriting Authority Enterprises” or “DUAEs”), AM Best is seeking to implement a new “Performance Assessment” to evaluate the ability of DUAEs to provide services to their insurance partners.
Read MoreLocke Lord is a proud sponsor of the InsurTech Spring 2021 Conference on March 10-11, 2021. Benjamin Sykes is on a panel that will discuss “The Regulatory Perspective on Insurtech.”
Read MorePartners Brian Casey and Benjamin Sykes will discuss “The Non-InsurTechs – How Technology Focused InsurTechs Are Changing the Face of the Industry Without Selling a Single Policy” at the AIRROC 2021 Virtual Spring Membership Meeting on March 9, 2021.
Read MoreThe NAIC Innovation and Technology (EX) Task Force met December 4th and discussed and adopted model law language amendments to the Unfair Trade Practices Act (#880) pertaining to anti-rebating. The adopted amendments permit the offer or provision by insurers or producers, by or through employees, affiliates or third party representatives, of value-added products or services at no or reduced cost when such products or services are not specified in the policy of insurance if the product or service relates to the insurance coverage and meets certain other specified criteria.
Read MoreLocke Lord’s Privacy & Cybersecurity Newsletter provides topical snapshots of recent developments in the fast-changing world of privacy, data protection, and cyber risk management. For further information on any of the subjects covered in the newsletter, please contact one of the members of our privacy and cybersecurity team.
Read MoreWhile much remains to be decided after a tumultuous Election Night 2020, the five elected Insurance Commissioner positions on the ballot this year appear to have been filled as expected, with four incumbents retaining their positions and the one vacancy on its way to being held by the candidate of the same party as the departing commissioner.
Read MoreThe summer is coming to an end…and so is our Summer Speaker Series! Join us for the final program in our series on issues impacting the insurance industry as we move to the next phase of COVID-19. One hour of CLE is approved in CA, IL, TX and NY. Other states are pending.
Read MoreThe California Department of Insurance (CDI) has amended its Special Investigative Unit (SIU) regulations, and the rules take effect Oct. 1, 2020. (10 CCR 2698.30 et seq.) The new rules tighten the compliance requirements already in place, and notable changes include:
Read More
