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Results: 1-10 of 48

Rhode Island 2011 budget - tax implications for surplus lines insurers and medical malpractice joint underwriters association
  • Locke Lord LLP
  • USA
  • June 16 2010

The 2011 Rhode Island state budget, which was enacted as HB 7397A and signed into law June 2, 2010, amends the taxation statutes applicable to surplus lines insurers and the Medical Malpractice Joint Underwriters Association


Massachusetts health insurers sue over rejected rate increases
  • Locke Lord 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


Federal funding for temporary high-risk insurance pool program to begin Summer 2010
  • Locke Lord LLP
  • USA
  • June 8 2010

In July 2010, some of the first money allocated by the new health care reform law will start flowing to states that have elected to participate in the federal temporary high-risk insurance pool program


Federal Court calls "individual mandate" unconstitutional
  • Locke Lord LLP
  • USA
  • December 16 2010

A Federal Court in Virginia ruled on December 13 that the provision of the Patient Protection and Affordable Care Act requiring most Americans to carry insurance or pay a fine is unconstitutional


Iowa enacts law requiring 30-day rate hike notice from health insurers
  • Locke Lord LLP
  • USA
  • April 15 2010

On April 9, 2010, Iowa's governor Chet Culver signed measures (Senate File 2201) designed to create greater transparency and disclosure of health insurance premiums, and to expand the rights of consumers prior to any rate increases by insurance companies


Lawmakers agree on year-long "doc fix"
  • Locke Lord LLP
  • USA
  • December 20 2010

Following the enactment of a one-month fix in order to prevent looming Medicare cuts to physicians for the month of December, Congress moved swiftly to clear a longer-term solution


Healthcare law faces legal challenges
  • Locke Lord LLP
  • USA
  • December 20 2010

On December 13, U.S. District Court Judge Henry E. Hudson struck down a key component of the new healthcare reform law (Public Laws 111-148 and 111-152) the individual mandate that all Americans have health insurance coverage


"High-risk pool" to take heat off health insurers
  • Locke Lord LLP
  • Hong Kong
  • August 11 2010

The Government of the Hong Kong Special Administrative Region (the Hong Kong Government) is considering subsidising a separate insurance pool to cover Hong Kong residents at high risk of medical complications (defined as those with medical costs expected to be more than 200 of those of healthy individuals) or those with pre-existing medical conditions (high-risk individuals) who sign up to a proposed voluntary medical scheme (the Scheme) that will be generally open to all Hong Kong residents


The Association of British Insurers consults on statement of best practice for critical illness cover
  • Locke Lord LLP
  • United Kingdom
  • June 17 2010

The Association of British Insurers (the ABI) has recently published a consultation paper on its statement of best practice for critical illness cover


Rhode Island imposes readability standards for health insurance policies
  • Locke Lord LLP
  • USA
  • June 21 2010

Effective August 31, 2010, the Rhode Island Office of the Health Insurance Commissioner ("OHIC") will impose a readability requirement for all health insurance policies to be readable at the eighth grade level measured by the Flesch-Kincade formula