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Zelle  LLP

AI Update: Insurance Commissioners Challenge One Big Beautiful Bill Act’s Definition of Artificial Intelligence

Zelle LLP on

One Big Beautiful Bill Act (“OBBA”) which would impose a 10-year freeze on new state-level artificial intelligence regulations and suspend enforcement of existing ones is being challenged by several state insurance...more

Eversheds Sutherland (US) LLP

NY Governor’s budget includes proposal to expand Life Insurance Company Guaranty Corporation to health insurance

New York Senate Bill 4007 and Assembly Bill 3007, which represent Governor Kathy Hochul’s state budget proposal, include provisions to amend Article 77 of the New York Insurance Law, the Life Insurance Company Guaranty...more

BCLP

New York Proposes Group Capital Calculation Requirement for Insurers

BCLP on

This week, legislation was proposed in New York that would significantly change how an insurer’s capital needs and availability are calculated and reported. The proposed legislation would require that capital be calculated on...more

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

2021 Arkansas Insurance Legislation Summary: General

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

Spilman Thomas & Battle, PLLC

What's Happening at the West Virginia Legislature - Issue 3

By the end of the 10th day of the 60-day session, the House has introduced 522 bills and the Senate 354. We discuss below a few of those bills and other developments in West Virginia that may interest our readers....more

Eversheds Sutherland (US) LLP

Tax Cuts and Jobs Bill Update, November 14: Major Insurance Industry Changes

As noted in a previous Eversheds Sutherland Legal Alert, on November 2, the House Ways and Means Committee released the “Tax Cuts and Jobs Act” (H.R. 1) (the House Bill). An amended version of the House Bill (the Ways and...more

Herbert Smith Freehills Kramer

Capital Standards for US Insurers – What’s New?

The federal government, state insurance regulators and international regulatory bodies are all actively engaged in the development of capital standard calculations to be employed in the supervision of entities in their...more

Polsinelli

Third Party Administrator Update: TPA Regulatory and Legislative Developments - July 2016

Polsinelli on

Polsinelli is pleased to share the June 2016 Third Party Administrator Newsletter. This newsletter covers topics throughout the year that impact TPAs. Information specific to Polsinelli's TPA practice is also included. ...more

Hinshaw & Culbertson LLP

New Insurance Laws and Pending Legislation in California

The California Legislature ended its 2013 session on September 13, 2013. The Legislature passed a number of insurance-related bills during this year’s session. Some of the bills passed this year have already been signed into...more

Hinshaw & Culbertson LLP

California Legislators to Consider Insurance Bills During Final Weeks of Session

Members of the California Assembly will return to Sacramento from their summer recess on August 5. State Senators will return to the Capitol on August 12. This year’s legislative session will end on September 13. ...more

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