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Flood insurance changes

Katten Muchin Rosenman LLP
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USA
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March 29 2013

On March 29, the Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve

Mississippi District Court defers to New York court in bond action

Katten Muchin Rosenman LLP
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USA
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May 17 2013

The United States District Court for the Northern District of Mississippi denied the motion of defendant ACA Financial Guaranty Corporation (ACA) to

Filing of FINRA’s new Customer Margin Balance Form required next month

Katten Muchin Rosenman LLP
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USA
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February 12 2010

The Financial Industry Regulatory Authority has issued a Regulatory Notice to remind members that are subject to FINRA Rule 4521(d) to file certain customer margin account information beginning March 1

House Financial Services Committee holds hearing on life settlement securitization

Katten Muchin Rosenman LLP
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USA
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October 2 2009

On September 24, the House Financial Services Committee’s Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises held a hearing entitled, "Recent Innovations in Securitization," which explored issues relating to securitization generally, and specifically the securitization of life insurance settlements

New York Court of Appeals finds life settlement brokers have a fiduciary duty to their clients

Katten Muchin Rosenman LLP
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USA
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July 2 2009

In October 2006, the Attorney General of New York State commenced an enforcement action against Coventry First LLC and its parent corporation, executive vice-president and an affiliate (collectively, Coventry First

Financial services regulatory reform legislation moves forward

Katten Muchin Rosenman LLP
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USA
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May 27 2010

Financial services regulatory reform, in particular, the regulation of the over-the-counter derivatives markets and market participants, took a major step forward late last week when the Senate passed the Restoring American Financial Stability Act of 2010

New rules published for external claims appeals procedures

Katten Muchin Rosenman LLP
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USA
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September 17 2010

The Internal Revenue Service, Department of Labor and Department of Health and Human Services published new rules in the Federal Register on August 26 regarding the new requirements for external claims appeals procedures for group health plans

New IRS regulations imposing fees upon self-insured plans and health insurance policies

Katten Muchin Rosenman LLP
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USA
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April 20 2012

On April 17, the Internal Revenue Service published in the Federal Register proposed Regulations setting forth the details for the new fees imposed upon self-insured plans and health insurance policy issuers

Health reform legislation affects large and small employers

Katten Muchin Rosenman LLP
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USA
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March 26 2010

On March 23, President Obama signed into law the Patient Protection and Affordable Care Act (the Act), legislation that is likely to have a dramatic impact on health insurance in the United States as it is implemented over the coming months and years

FINRA issues investor alert on weathering tough financial times

Katten Muchin Rosenman LLP
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USA
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July 18 2008

The Financial Industry Regulatory Authority (FINRA)has issued a new Investor Alert to highlight the pitfalls of various “quick cash” programs becoming more prevalent in times of rising fuel and food costs, declining and volatile housing markets and the tightening credit crunch

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