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NAIC decides against TRIA data call template
  • Locke Lord LLP
  • USA
  • August 20 2015

The NAIC's Accounting Practices and Procedures Task Force chose not to use its planned template for obtaining terrorism risk insurance data at the


Governor Christie to appoint Commissioner of Banking and Insurance
  • Locke Lord LLP
  • USA
  • June 23 2015

It was announced today that New Jersey Governor Christie intends to replace Ken Kobylowski who is leaving his position as Commissioner of Banking and


Internal Revenue Service finds contracts protecting against foreign currency fluctuations not to be insurance
  • Locke Lord LLP
  • USA
  • March 23 2015

Companies looking to establish insurance coverage, especially in situations involving a captive type of arrangement, will, as always, need to focus


Bipartisan Policy Center forms insurance task force
  • Locke Lord LLP
  • USA
  • March 11 2015

On Tuesday, March 10, the Bipartisan Policy Center, which was created in 2007 by former Congressional leaders as a Washington D.C.- based think tank


Navigating the maze of medical cannabis - uncertainty and the challenge of obtaining banking and insurance services for marijuana-related businesses
  • Locke Lord LLP
  • USA
  • January 13 2015

The current and two immediate past presidents have smoked it. As one leading expert commented during a congressional hearing, perhaps "marijuana is a


CFPB’s proposed amendment to Regulation P would allow financial institutions that limit data-sharing to post annual GLB privacy notices online
  • Locke Lord LLP
  • USA
  • May 12 2014

On May 6, 2014, the Consumer Financial Protection Bureau (the "CFPB") proposed an amendment to Regulation P (the "Proposed Amendment") that would


PWG TRIA Report released; prices remain low, but uncertainty continues
  • Locke Lord LLP
  • USA
  • April 21 2014

On April 17, 2014, the President's Working Group on Financial Markets ("PWG") released its report (the "Report") to Congress on the state of


U.S. sanctions levied against an additional 20 Russian individuals and one Russian bank
  • Locke Lord LLP
  • Russia, USA
  • March 20 2014

President Barack Obama announced a new round of sanctions against Russian officials and influential individuals on March 20, 2014. According to the


Senate bill would allow Federal Reserve to exclude insurers from Dodd-Frank consolidated capital requirements
  • Locke Lord LLP
  • USA
  • March 14 2014

U.S. Senator Susan Collins (R-Maine) has introduced a bill, S.2012, in an effort to clarify the application of Section 171 of the Dodd-Frank Wall


Insurance regulators make a plea to the United States Senate Banking Committee regarding capital regulations for insurers
  • Locke Lord LLP
  • USA
  • March 13 2014

In a letter dated November 10, 2013 (the "Letter") to the United States Senate Banking Committee (the "Committee"), the National Association of