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ERISA litigation: an update from the ALI-ABA conference on financial and insurance litigation
  • Locke Lord LLP
  • USA
  • July 21 2010

ERISA litigation, once considered a dull backwater of the law, has been gaining increased interest and attention in recent years: the result of an aging population and an increasingly sophisticated and aggressive plaintiffs' bar


"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


Supreme Court of Canada considers the meaning of 'accident' under a group policy
  • Locke Lord LLP
  • Canada
  • January 22 2010

In the case of Co-operators Life Insurance v Gibbens, 2009 SCC 59, the insured contracted herpes through unprotected sex and, as a result, developed transverse myelitis, a rare complication of herpes, which left him paralysed from the waist down


Virginia issues guidance on information security program requirement
  • Locke Lord LLP
  • USA
  • October 2 2009

The Virginia State Corporation Commission Bureau of Insurance (the "Bureau") recently issued a bulletin to provide guidance on the development and implementation of privacy safeguards to all insurers, health service plans, health maintenance organizations, surplus lines brokers and other interested parties


House introduces health insurance bill to repeal antitrust exemption
  • Locke Lord LLP
  • USA
  • February 24 2010

On Monday, February 22, Representatives Tom Perriello (D-Va.) and Betsy Markey (D-Colo.) introduced H.R. 4626, the Health Insurance Industry Fair Competition Act, to repeal the McCarran-Ferguson Act antitrust exemption for the business of health insurance


Medicare secondary payer reporting deadline extended
  • Locke Lord LLP
  • USA
  • February 25 2010

The Centers for Medicare & Medicaid Services ("CMS") has revised the timeline for non-group health plan ("NGHP") reporting under the Medicare secondary payer reporting provisions of Section 111 of the Medicare, Medicaid and SCHIP Extension Act of 2007 ("Section 111"


Minnesota governor proposes changes to state law to allow for the purchase of health insurance policies across state lines and the creation of an interstate health insurance compact
  • Locke Lord LLP
  • USA
  • October 28 2009

Governor Time Pawlenty (R-MN) recently outlined a set of proposed healthcare reforms to be considered during Minnesota's 2010 legislative session


Report from the NAIC Fall meeting - Vice President Biden addresses state insurance commissioners on healthcare reform
  • Locke Lord LLP
  • USA
  • September 23 2009

Vice President Joseph Biden spoke yesterday at the NAIC Fall meeting taking place near Washington DC, and he used the opportunity to seek the support of state insurance commissioners for the Government's proposals for national healthcare reform


Health care legislation imposes tax on annuity income
  • Locke Lord 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


Partial repeal of the insurance antitrust exemption introduced as amendment to Senate healthcare bill
  • Locke Lord LLP
  • USA
  • December 4 2009

Senator Patrick Leahy (D-VT) filed an amendment to the Patient Protection and Affordable Care Act (H.R. 3590) (the “PPACA”) on December 1, 2009, that would repeal the exemption from federal antitrust laws for the health insurance and medical malpractice insurance industries