News & Analysis as of

Life Insurance Coronavirus/COVID-19

Alston & Bird

Insurance Insights for the Cold, Dark Winter Nights

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Welcome to the latest issue of Insurance Insights, a gathering of notable legal developments and trends relevant to the insurance industry. In this issue, fires alter the landscape of California insurance, an expert’s...more

Carlton Fields

Litigation Lineup: Recent Decisions in Life and Disability Insurance Run into Policy Lapse, COVID-19, and Conflict of Interest...

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Life Policy Lapse Shortly Before Insured’s Death - In Simon v. USAA Life Insurance Co. (Mar. 29, 2024), the insurer denied death benefits under a term life insurance policy, which had lapsed for nonpayment of premium two...more

Rivkin Radler LLP

Insurance Update - January 24, 2023

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It was a busy end to the year, as courts handed down several key insurance decisions before ringing in 2023. The Ohio Supreme Court considered the contours of “direct physical loss or damage” in two separate decisions –...more

Mitchell, Williams, Selig, Gates & Woodyard,...

National Association of Insurance Commissioners (NAIC) 2022 Summer Meeting Summary

The Mitchell Williams Insurance Regulatory team of lawyers recently attended the National Association of Insurance Commissioners (NAIC) 2022 Summer National Meeting which was held in Portland, Oregon on August 9-13th. We have...more

Womble Bond Dickinson

Post-Pandemic Impact on Life Expectancy

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Patients diagnosed with a terminal illness often ask, “How long do I have?” Whether you receive a life threatening diagnosis or not, as you grow older, you will probably make plans based on how long you expect to live....more

Mitchell, Williams, Selig, Gates & Woodyard,...

2021 Arkansas Insurance Legislation Summary: Life Insurance

The 93rd Arkansas General Assembly convened on January 11, 2021 and entered into an extended recess on April 27, 2021. The resolution authorizing the extended recess provides for the legislature to reconvene for the following...more

Nelson Mullins Riley & Scarborough LLP

Gold Dome Report — Legislative Day 21

The Georgia State Senate kicked off the second half of the 2021 Legislative Session on Tuesday by considering four measures on the hot topic of the year — Georgia’s election laws. Each bill passed, although three of four were...more

Carlton Fields

COVID-19 Class Actions Update

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In the early days of the COVID-19 pandemic, dozens of class action lawsuits were filed across a variety of industries in the United States – with theories of liability ranging from hand sanitizer false-labeling allegations,...more

Hogan Lovells

Insurance regulatory news, November 2020 # 4

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Recent regulatory developments of interest to insurers and their intermediaries. Among other things, includes UK FCA updates on preparing for the end of the UK-EU transition period.  ...more

Cozen O'Connor

COVID-19 Fake Cures | Accuracy In Debt Collection Reporting | North Carolina AG Reelected

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2020 AG Elections- Just Called: Incumbent Attorney General Wins Second Term in North Carolina- •North Carolina AG Josh Stein (D) won reelection in a closely watched race over Jim O’Neill (R) by a margin of 51% to 49.9%....more

Robins Kaplan LLP

Financial Daily Dose 10.27.2020 | Top Story: US Markets Tank Over Booming Virus and Unlikely Stimulus

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A mix of surging Covid cases, the renewed restrictions and shutdowns they’ve prompted, and the unlikelihood of more virus stimulus any time soon sent stocks sharply down to start the week, with the S&P 500 charting its...more

Carlton Fields

SEC Still Cool With Virtual Fund Board Meetings

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Mutual fund boards of directors need not meet in person to approve investment advisory contracts, Rule 12b-1 plans, or independent public accountants through December 31. ...more

Troutman Pepper Locke

COVID-19 Daily Insurance Regulatory Updates To Keep You Informed During The Lockdown (August 2020 #7)

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In conjunction with the Locke Lord COVID-19 task force, we are reviewing, analyzing, and compiling regulatory updates to provide clients easy access to information during this unprecedented time. If you have any questions on...more

Robins Kaplan LLP

Financial Daily Dose 6.10.2020 | Top Story: Fed Expected to Stay the Course Despite Jump in May Jobs

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The Fed is expected to hold rates steady as its June Open Market Committee meeting wraps today. Analysts expect that the better-than-expected May jobs numbers won’t be nearly enough for the central bank to suggest it is close...more

Troutman Pepper Locke

COVID-19 Daily Insurance Regulatory Updates To Keep You Informed During The Lockdown (May 20, 2020)

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In conjunction with the Locke Lord COVID-19 task force, we are reviewing, analyzing, and compiling regulatory updates to provide clients easy access to information during this unprecedented time. If you have any questions on...more

Faegre Drinker Biddle & Reath LLP

State Insurance Departments Issue Guidance to Life and P&C Insurers Concerning COVID-19 (Updated #2)

State insurance departments across the country are continuing to provide guidance in response to the coronavirus outbreak. Faegre Drinker has aggregated a list of current guidance from state departments of insurance...more

Troutman Pepper Locke

COVID-19 Daily Insurance Regulatory Updates to Keep You Informed During the Lockdown (April 14th, 2020)

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In conjunction with the Locke Lord COVID-19 task force, we are reviewing, analyzing, and compiling regulatory updates to provide clients easy access to information during this unprecedented time. If you have any questions on...more

Troutman Pepper Locke

COVID-19 Daily Insurance Regulatory Updates to Keep You Informed During the Lockdown (April 10th, 2020)

Troutman Pepper Locke on

In conjunction with the Locke Lord COVID-19 task force, we are reviewing, analyzing, and compiling regulatory updates to provide clients easy access to information during this unprecedented time. If you have any questions on...more

Troutman Pepper Locke

COVID-19 Daily Insurance Regulatory Updates to Keep You Informed During the Lockdown (April 6th, 2020)

Troutman Pepper Locke on

In conjunction with the Locke Lord COVID-19 task force, we are reviewing, analyzing, and compiling regulatory updates to provide clients easy access to information during this unprecedented time. If you have any questions on...more

Faegre Drinker Biddle & Reath LLP

State Insurance Departments Issue Guidance to Life and P&C Insurers Concerning COVID-19

State insurance departments across the country are continuing to provide guidance in response to the coronavirus outbreak. Faegre Drinker has aggregated a list of current guidance from state departments of insurance...more

King & Spalding

National Association of Insurance Commissioners Special Session on COVID-19 Impact on U.S. Insurance Companies

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As new cases of COVID-19 continue to surface in the United States at a rapid clip, clients have reached out asking a number of questions regarding COVID-19’s current and anticipated impact on U.S. insurance companies. These...more

Constangy, Brooks, Smith & Prophete, LLP

Benefits Considerations In Light Of Changing Employment Conditions And The COVID-19 Pandemic

In light of the current COVID-19 health care crisis, employers are considering numerous options in the face of closed businesses and reduced income. These considerations include reducing employee work hours, furloughing...more

Mitchell, Williams, Selig, Gates & Woodyard,...

NAIC Special Session on COVID-19

Today, the National Association of Insurance Commissioners (NAIC) held a Special Session on COVID-19. A presentation on virus progression and pathology was made by Dr. Jay Butler, Deputy Director for Infectious Disease a...more

Herbert Smith Freehills Kramer

Reserves and Capital Adequacy – Insurers, Consider the Pandemic Carefully. Your Regulators Will.

The news that A.M. Best is developing stress testing to gauge the impact of COVID-19 on insurers is a timely reminder of the various regulatory capital and reserving regimes under which such exposure could be measured. In...more

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