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Cat Bond Update: Florida Assignment of Benefits

USA - May 1 2019 On April 24, 2019, the Florida Legislature passed a bill (the “Act”) to reform the requirements for the assignment of benefits of claims for...

Robert Cannon.

SEC re-proposal of shelf eligibility conditions for asset-backed securities and applicability to insurance-linked securities

USA - August 4 2011 On July 26, 2011 the Securities and Exchange Commission (the “SEC”) issued a release1 (the “Proposing Release”) revising and re-proposing certain rules (the “Proposed Rules”) initially proposed in April 20102 related to asset-backed securities in light of the provisions added by the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Dodd-Frank Act”) and comments received on the 2010 ABS Proposals....

Frank Polverino, Malcolm P. Wattman.