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Results: 1-10 of 293

Florida Supreme Court considering question of rental car company vicarious liability

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • March 9 2010

On March 1, 2010, the Florida Supreme Court heard oral argument in Rafael Vargas v. Enterprise Leasing Company, et al., SC08-2269

California fingerprint requirement updated as of March 1, 2010

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • March 18 2010

The California Department of Insurance no longer requires fingerprints from non-resident individuals that have been fingerprinted in their resident state in connection with applying for an insurance producer license

Unscrambling the Gramm-Leach-Bliley omelet

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • December 23 2009

Sen. John McCain, R-Arizona, and Sen. Maria Cantwell, D-Washington, proposed on December 16, 2009 rebuilding the barriers separating commercial banks, investment banks and insurers established under the Depression Era Glass-Steagall Act

Massachusetts health insurers sue over rejected rate increases

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • April 6 2010

Blue Cross Blue Shield of Massachusetts and the Massachusetts Association of Health Plans have sued the Massachusetts Division of Insurance (DOI) after the DOI's decision last week to reject most proposed rate increases for small businesses for the current calendar quarter

Life insurer use of retained asset accounts under fire by state attorneys general

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • August 2 2010

Spurred by media reports alleging deception by some life insurers in their use of retained asset accounts for disbursing death benefits to the beneficiaries of fallen United States military personnel and the apparent lack of oversight by federal and state regulators, New York Attorney General, and gubernatorial hopeful, Andrew Cuomo has issued subpoenas to leading life insurers regarding their alleged "reaping of hundreds of millions in secret profits while misleading families into putting benefits into insurer controlled, low yield, potentially risky accounts."

Massachusetts passes autism coverage legislation

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • August 3 2010

Last week, the Massachusetts legislature passed House Bill No. 4935, An Act relative to insurance coverage for autism ("H. 4935"), which requires that benefits be provided on a nondiscriminatory basis for the diagnosis and treatment of Autism Spectrum Disorders

New York attorney general office broadens its probe into the life insurance industry’s use of retained asset accounts; class action lawsuit against life insurer filed

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • August 4 2010

As mentioned in our prior post, New York Attorney General Andrew Cuomo has begun an investigation into the alleged misuse of retained asset accounts by life insurance companies

Multiple Peril Insurance Act stalls in house while compromise bill introduced in senate

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • August 3 2010

Rep. Gene Taylor’s (D.-Miss.) Multiple Peril Insurance Act (H.R. 1264) failed to reach a floor vote prior to U.S. House of Representatives’ month-long recess that began this week

Oklahoma federal court holds claim for misrepresentations in home sale not covered by homeowners’ liability policy

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • January 6 2010

The United States District Court for Oklahoma recently ruled that homeowners’ liability policies (primary and excess) did not cover a homebuyer’s lawsuit against the insured sellers for misrepresenting the condition of the home’s fireplaces

Vermont licensed 39 captives in 2009

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • January 12 2010

The Vermont Department of Banking, Insurance, Securities and Health Care Administration reported it licensed 39 new captive insurance companies in 2009, bringing the total of number of Vermont licensed captives to 878