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Results: 1-10 of 295

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

Washington to vote on elimination of workers’ compensation monopoly

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

On November 2, 2010, registered voters in the State of Washington will consider Initiative 1082 ("I-1082") when they cast their ballots in this year's election cycle

Health care legislation imposes tax on annuity income

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

The Health Care and Reconciliation Act (the "Act"), signed into law on March 30, 2010, imposes a tax on annuity income to help pay for the multi-billion dollar reform package set forth in both the Act and the Patient Protection and Affordable Care Act, signed into law on March 23, 2010

Illinois federal court rules that reinsurer’s motion to vacate arbitration award is untimely under the Federal Arbitration Act

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

R&Q Reinsurance Co. v. American Motorist Ins. Co., involved a dispute arising under a series of reinsurance treaties entered into by the parties

Chinese drywall first bellwether trial ongoing

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

The first federal trial in the nationwide Chinese drywall controversy began on February 19th, 2010 in New Orleans and is ongoing

New York adopts revisions to Regulation 118 governing audited financial statements

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

On December 28, 2009, the New York Insurance Department ("NYID") issued a Notice of Emergency adoption revising Regulation 118 to implement new audit and reporting standards on an emergency basis

Emergency rule proposes workers’ compensation rate hikes of 12 in Washington State

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • November 16 2010

Last week, the Washington Department of Labor and Industries (the "Department") announced that it will increase workers' compensation insurance premiums on average by 12 percent, or 6

Third Circuit revives limited portions of in re: insurance brokerage antitrust litigation (MDL 1663)

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

Nearly three years after a federal district court dismissed with prejudice a nationwide class action alleging antitrust and RICO claims against insurers and brokers in connection with contingent commission arrangements, the Third Circuit Court of Appeals has revived a limited swath of plaintiffs' claims

New York Attorney General files response to Article 78 petition to prevent the producer compensation disclosure requirements of Regulation 194; petitioners gear up for rebuttal

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • August 13 2010

Earlier this year, the Independent Insurance Agents and Brokers of New York (the "IIABNY") and the Council of Insurance Brokers of Greater New York (the "CIBGNY") filed an Article 78 petition in New York State Supreme Court in Albany County against the New York Insurance Department (the "NYID") in order to prevent the mandatory producer compensation disclosure requirements of Regulation 194

National Flood Insurance Program may be reinstated this week

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • April 14 2010

The National Flood Insurance Program (the "NFIP") expired March 28, 2010