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Outsourcing transactions in the insurance industry

Alston & Bird LLP
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USA
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December 5 2011

The insurance industry has long been focused on reducing costs and improving operational efficiencies

New Verus unclaimed property audit initiative branches out

Alston & Bird LLP
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USA
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October 9 2012

We have learned that Verus Financial, LLC (“Verus”), the contract audit firm recently known for conducting multistate unclaimed property examinations of the insurance industry, has begun to focus its audit activity on companies in the securitiesfinancial products and services arena

New guidance on distribution of medical loss ratio (MLR) rebates creates issues for group health plan sponsors

Alston & Bird LLP
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USA
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February 15 2012

Hey, I just got a rebate from my insurance company for my group health plan!

Joint Economic Committee holds hearing on “Unregulated Markets: How Regulatory Reform Will Shine A Light in the Financial Sector”

Alston & Bird LLP
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USA
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December 2 2009

Today, the Joint Economic Committee held a hearing entitled "Unregulated Markets: How Regulatory Reform Will Shine A Light in the Financial Sector."

Congressional Oversight Panel holds hearing on assistance to AIG

Alston & Bird LLP
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USA
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May 27 2010

Yesterday, the Congressional Oversight Panel (COP) held a hearing concerning the approximately $133 billion in federal assistance made available to American International Group, Inc. (AIG) since September 2008 by the Federal Reserve and by the U.S. Treasury under the Troubled Asset Relief Program (TARP), and to report on AIG’s current and future financial stability and its prospects to repay the U.S. taxpayers’ investment in it

Health care reform: a new era begins for employer-sponsored coverage

Alston & Bird LLP
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USA
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April 30 2010

In March, President Obama signed into law H.R. 3590, the Patient Protection and Affordable Care Act (PPACA), and H.R. 4872, the Health Care and Education Reconciliation Act of 2010 (HCERA

Forum for discussion of views on the implementation of the new deposit insurance assessment authority

Alston & Bird LLP
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USA
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September 26 2010

Friday, senior Federal Deposit Insurance Corporation officials held a roundtable "Forum for Discussion of Views on the Implementation of the New Deposit Insurance Assessment Authority" with a number of government officials and industry executives, representing both large and small financial institutions

New Medicare secondary payer reporting requirements set to take effect January 2011 for many personal injury defendants

Alston & Bird LLP
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USA
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September 24 2010

Section 111 of the Medicare, Medicaid, and SCHIP Extension Act of 2007 (MMSEA) impacts many businesses that make a settlement payment to a personal injury plaintiff

HIPAA covered health plans beware: HHS Office for Civil Rights kicks off HIPAA Audit Program

Alston & Bird LLP
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USA
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March 7 2012

Since November 2011, the U.S. Department of Health and Human Services (HHS), through its Office for Civil Rights (OCR), has been conducting audits of covered entities (the “HIPAA Audit Program”) for compliance with the privacy and security requirements under HIPAA and the HITECH Act (collectively, the “Privacy & Security Rules”

Health care reform update: final regulations impose reinsurance “contribution” on fully insured and self-insured plans starting in 2014

Alston & Bird LLP
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USA
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March 28 2012

The Affordable Care Act (ACA) provides for a State-based transitional reinsurance program to help stabilize premiums for coverage in the individual health insurance market during the first three years of operation of the Exchanges (2014-2016

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