Arbitration
Independent Contractor Misclassification: Class Action Lawyers Now Targeting the Insurance IndustryFive Key Legal Developments in 2017 in Independent Contractor Misclassification and Compliance Law - and What to Expect in 2018NEBRASKA: A Good Home for Berkshire Hathaway, but not for Reinsurance Agreements
Federal Legislative Developments
Pandemic Risk Insurance Act (PRIA) Introduced in Congress With Revisions from Initial Drafts; Business Continuity Protection Program Floated as wellLL Surplus Lines Series (Entry 23): Sampling of COVID-19 State and NAIC Insurance Updates Applicable to the Surplus Lines IndustryPandemic Risk Insurance Act – A TRIA-Inspired Model to Backstop the Business Interruption Insurance Market in the Wake of COVID-19
Independent Contractors
Insurance Agent for Northwestern Mutual Found to be Independent Contractor, Not EmployeeInsurance Agents Not Misclassified As Independent Contractors; Sixth Circuit Rules in Favor of Insurance Company in ERISA Class Action Seeking Pension, Life, and Health BenefitsReminder: Key Provisions of New York’s Sexual Harassment Law Take Effect Today
New Jersey Developments
New Jersey Department of Banking and Insurance Issues Mandatory Business Interruption Insurance Policy SummaryNew Jersey Considering Legislation That Would Authorize Insurers to Provide Policy Riders Covering Global Virus Transmission or PandemicNew Jersey Enacts New Law Requiring Business Interruption Insurers to Disclose Coverage Parameters
Reinsurance
Join Us for Our Next InsurTech Legal Academy Webinar: A Deep Dive Into Producer, Adjuster and Reinsurance Intermediary Licensing RegimesSenate Banking Committee Chair Urges FIO And the NAIC To Monitor Private Equity and Affiliated Offshore Reinsurance in the Life Insurance IndustryLocke Lord Team Represented Convex in Obtaining Reciprocal Reinsurer Status
Service Contracts and Warranties
Locke Lord QuickStudy: New Washington Statutory Financial Requirements for Providers of Service Contracts and Protection Product Guarantees Effective July 28, 2019Locke Lord LLP Austin Attorneys Jon L. Gillum and Lauren Fincher Publish “Cross-Agency Regulation of Service Contracts in Texas” in Latest Issue of the Texas Tech Administrative Law JournalUse It or Lose It?: FTC Warns Companies Against Conditioning Warranty Coverage on Use of Specified Parts or Services
Terrorism Risk and Insurance
Pandemic Risk Insurance Act – A TRIA-Inspired Model to Backstop the Business Interruption Insurance Market in the Wake of COVID-19S.D.N.Y. Opinion Supports Right to Recover Reinsurance Damages and Interest Dating Back to Terrorist Attacks in 9/11 LitigationU.S. Department of Treasury Issues New TRIA Rules