A Locke Lord team led by Jeff Etherington and Amanda Kane (both of New York) represented Maguire Insurance Agency, Inc., in Philadelphia Insurance Companies’ acquisition of the Staffing Insurance Business offered by World Wide Specialty Programs, Inc.
Read More Locke Lord Team Represents Maguire Insurance Agency in Acquisition

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 More Join Locke Lord for a Complimentary Summer Speaker Series

Jon Biasetti, Chicago Partner and Co-Chair of Locke Lord’s Regulatory and Transactional Insurance Practice Group, was quoted in a RADAR on Medicare Advantage article regarding a new proposed rule from the Centers for Medicare & Medicaid Services (CMS) allowing Medicare Advantage Organizations (MAOs) to enter into quota share reinsurance arrangements provided they satisfy certain conditions.
Read More RADAR on Medicare Advantage Quotes Chicago Partner Jon Biasetti in Article Examining CMS’ Proposed Rule Regarding MAOs’ Ability to Utilize Quota Share Reinsurance

Following her party’s major victory in national elections, Indian Finance Minister Nirmala Sitharaman presented the draft budget of Indian Prime Minister Narendra Modi’s government to the Indian Parliament.  The draft budget includes proposed increases in permitted foreign investment in the insurance sector.
Read More Proposed Increase in Foreign Investment in India’s Insurance Sector

The National Association of Insurance Commissioners (NAIC) held its annual International ‎Insurance Forum this week in Washington, D.C., May 13 and 14. Alan Levin and Robert ‎Kasinow attended on behalf of Locke Lord LLP. The conference gathers U.S. and international ‎regulators and industry stakeholders to discuss and share ideas and viewpoints on insurance ‎matters with global implications.‎…
Read More Global Regulatory Cooperation and Innovation Highlight NAIC International Gathering

While you were off changing the industry, you may have missed these important developments…
Read More InsurTech Weekly Roundup – April 26, 2019

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.
Read More Excess and Surplus Lines Law Manual 2019 Update