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Results: 1-10 of 227

New York State Court denies motion to compel discovery of reinsurance and reserve information

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • July 29 2010

In Mt. McKinley Ins. Co. v. Corning Inc., 2010 NY Slip Op 20235 (N.Y. Sup. Ct. June 14, 2010), an insured (“Corning”) moved to compel discovery of reinsurance and reserve information from its insurers, arguing that this information was relevant, material and necessary to its coverage claim

New York Insurance Department to hold hearing on August 20, 2010 on whether to expand the Export List under Regulation 41

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • July 28 2010

A public hearing on August 20, 2010 will explore the possibility of increasing insurance capacity in New York by easing access to unauthorized insurers

California insurers divest $400 million in Iran-related assets

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • July 28 2010

California Insurance Commissioner Steve Poizner announced on July 1, 2010 that insurers in his state had sold about 20 of the assets the industry holds in the 50 companies that the California Department of Insurance ("CDI") has identified as doing business with Iran's nuclear, energy and defense sectors

German government opposes US legislation limiting deductibility of reinsurance premiums

  • Edwards Wildman Palmer LLP
  • -
  • Germany, USA
  • -
  • July 28 2010

Proposed legislation that would limit a tax deduction for reinsurance premiums paid to a foreign affiliate of a US insurer has drawn the formal opposition of the German government

Federal regulation of the insurance industry: we are living in interesting times

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • July 27 2010

The week of July 19, 2010 was an interesting week for the insurance industry with developments affecting the industry as a whole and a proposal to regulate life settlements as securities at the federal level

Federal Court Orders Party to Produce Copies of its Reinsurance Agreements Under Fed. R. Civ. P. 26

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • July 27 2010

Plaintiff moved to compel production of defendant American Red Cross' reinsurance agreements

HHS releases final ‘meaningful use’ rules

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • July 26 2010

Under the Health Information Technology for Economic and Clinical Health (HITECH) Act of 2009, eligible hospitals and healthcare professionals qualify for Medicare and Medicaid incentive payments when they adopt certified electronic health records (EHR) technology and use it to achieve specified objectives

Proposed changes for home health & skilled nursing facilities

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • July 26 2010

On July 16, CMS issued a proposed rule that would amount to a $900 million reduction to home health agencies

Lawmakers urge CMS to halt hospital cuts

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • July 26 2010

In an effort to convince CMS to reconsider its proposed Medicare inpatient hospital payment reductions due to documentation and coding practice changes, 242 House Members sent a letter to the agency's newly-installed Administrator, Donald Berwick, on July 12

Obama administration reiterates opposition of NFIP expansion to include windstorm coverage

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • July 23 2010

The Obama Administration, through the Office of Management and Budget, has reiterated its position that it is against the expansion of the National Flood Insurance Program ("NFIP") to include coverage for windstorm damage