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Article

Locke Lord LLP | USA | 24 Sep 2009

Public hearing on Massachusetts information security regulations

On September 22, 2009, Socheth Sor of Edwards Angell Palmer & Dodge LLP testified at a public hearing before the Massachusetts Office of Consumer Affairs and Business Regulations (“OCABR”) in Boston regarding 201 CMR 17.00, Standards for the Protection of Personal Information of Residents of the Commonwealth.

Article

Locke Lord LLP | USA | 30 Jul 2009

OGC opinion: third party may not bring direct action against insurer in foreign jurisdiction pursuant to new Insurance Law 3420

The New York Insurance Department’s (“NYID”) Office of General Counsel (“OGC”) recently issued an OGC Opinion (No. 09-06-08) representing the position of the NYID in respect of four distinct queries regarding the recent amendment to Insurance Law 3420, which we have closely followed and written about in this blog.

Article

Locke Lord LLP | USA | 30 Jul 2009

OGC opinion: Insurance Law 3420 also applies to policies issued in NY but delivered out of state

The New York Insurance Department’s (“NYID”) Office of General Counsel (“OGC”) recently issued an OGC Opinion (No. 09-06-08) representing the position of the NYID in respect of four distinct queries regarding the recent amendment to Insurance Law 3420, which we have closely followed and written about in this blog.

Article

Locke Lord LLP | USA | 30 Jul 2009

OGC opinion: new prejudice rule set forth in Insurance Law 3420 may also be incorporated in non-liability policies at insurer's option

The New York Insurance Department’s (“NYID”) Office of General Counsel (“OGC”) recently issued an OGC Opinion (No. 09-06-08) representing the position of the NYID in respect of four distinct queries regarding the recent amendment to Insurance Law 3420, which we have closely followed and written about in this blog.

Article

Locke Lord LLP | USA | 30 Jul 2009

OGC opinion: Insurance Law 3420 also applies to claims-made policies

The New York Insurance Department’s (“NYID”) Office of General Counsel (“OGC”) recently issued an OGC Opinion (No. 09-06-08) representing the position of the NYID in respect of four distinct queries regarding the recent amendment to Insurance Law 3420, which we have closely followed and written about in this blog.

Article

Locke Lord LLP | USA | 29 Jul 2009

N.Y. Insurance Department issues opinion prohibiting contingent annuity contracts

Last month, the New York Insurance Department’s Office of General Counsel issued Opinion No. 09-06-11 (the “Opinion”) which prohibits contingent annuity contracts on the grounds that such contracts constitute an impermissible form of financial guaranty insurance.

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