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Supreme Court sets rules on using credit reports for insurance rates

Squire Sanders
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USA
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June 7 2007

The US Supreme Court unanimously ruled this week that insurers can be liable for damages and penalties under the Fair Credit Reporting Act (FCRA) for failing to notify applicants for personal lines policies that the offered rate is higher because of the applicant's credit report

New Medicare secondary payer reporting deadlines extended

Squire Sanders
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USA
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May 20 2009

The Centers for Medicare Services (CMS) recently extended the deadlines for liability insurers (including self-insurers, no-fault insurers and workers’ compensation insurers) to comply with new Medicare reporting requirements

Impact of new Medicare secondary payer reporting rules

Squire Sanders
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USA
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May 18 2009

There have always been more involved reporting requirements when there is a crossover between workers' compensation and Medicare benefits

Commission approves Danish export credit insurance scheme

Squire Sanders
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Denmark, European Union
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May 11 2009

The European Commission has authorised, under EC Treaty State aid rules, a measure adopted by Denmark to limit the adverse impact of the current financial crisis on export firms

DOJ approves UnitedHealth-Sierra merger, subject to divestitures

Squire Sanders
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USA
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March 20 2008

The DOJ has agreed to allow the largest health insurer in the United States, UnitedHealth Group, to proceed with its planned US$2.6 billion acquisition of Sierra Health Services Inc., subject to the condition that UnitedHealth divest its Medicare Advantage policyholders and related assets in the Las Vegas area

EU says Equitable Life policyholders should be compensated

Squire Sanders
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European Union, United Kingdom
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July 6 2007

The European Parliament last month supported a report, written by Liberal Democrat Diana Wallis, which urges the British Government to assist policyholders who suffered severe losses when Equitable Life got into financial difficulties in 2000

PPACA - Day 1

Squire Sanders
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USA
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March 26 2012

Today's arguments at the Supreme Court were 90 minutes on the issue of whether the Court has jurisdiction to decide the constitutional questions now, or if the challengers must wait until the individual mandate and its associated penalities begin in 2014

US financial services regulation: modernization, re-regulation and reform

Squire Sanders
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USA
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June 19 2009

On June 17, 2009 President Obama’s speech, and a concurrently released white paper, clarified his administration’s plans to prevent future financial crises by modifying key aspects of US law regulating commercial banks, insurance companies, securities firms and other major players in the US financial services industry