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Griffiths & Partners
Insurance Comparative Guide for the jurisdiction of Turks and Caicos Islands, check out our comparative guides section to compare across multiple countries
United States
Blue J Legal
Legislated exemptions, such as the one provided under section 501(c)(15) for some insurance companies, are a public and open invitation to tax planning.
Mayer Brown
On September 9, 2021, the Federal Housing Finance Agency ("FHFA") released guidance regarding Federal Home Loan Bank ("FHLB") membership eligibility.
Mound Cotton Wollan & Greengrass
A long-running dispute between Pennsylvania National Mutual Casualty Insurance Company and one of its reinsurers, Everest Reinsurance Company...
Cooley LLP
Here's the next edition of our monthly bite-sized digest, Productwise 3-2-1 where each month, we'll be bringing to the top of your inbox (and your agenda)...
Kramer Levin Naftalis & Frankel LLP
Insurers and reinsurers navigating the increasingly complex rules on reciprocity for collateral requirements should consider recent guidance from the leading U.S. standard-setting body.
Mayer Brown
Earlier this year, the US Federal Housing Finance Agency ("FHFA") issued a Request for Input ("RFI") on the risks of climate change and natural disasters to the national housing finance markets...
Kramer Levin Naftalis & Frankel LLP
Insurers whose mix of assets and liabilities might make it attractive to split into a "good bank" and "bad bank" should monitor a recent model law passed by an influential body of state legislators.
Mayer Brown
The Law of Anomalous Numbers, also known as Benford's Law, seeks to explain why the leading digits in any numerical distribution skew low.
Mayer Brown
Turning its attention to the growing role of managing general agents and similar entities appointed by insurers and reinsurers, independent insurance industry rating company AM Best Company...
Akin Gump Strauss Hauer & Feld LLP
On February 17, 2021, it was reported that President Biden would nominate Chiquita Brooks-LaSure as Administrator of the Centers for Medicare & Medicaid Services (CMS)
Mayer Brown
In February 2020, the Organization for Economic Cooperation and Development ("OECD") released Transfer Pricing Guidance on Financial Transactions ("Guidance").
Kramer Levin Naftalis & Frankel LLP
New York-domiciled insurers may soon be able to take advantage of more-relaxed provisions on balance sheet credit for reinsurance where the assuming reinsurer is in a "reciprocal" jurisdiction to the United States.
White & Williams LLP
California federal magistrate judge rules that a virus exclusion* in a business owner's policy precludes coverage for an insured's claim for lost income due to COVID-19 closure orders directed at "non-essential businesses."
Lewis Brisbois Bisgaard & Smith LLP
In Axis Reins. Co. v. Northrop Grumman Corp., 975 F.3d 840 (Sept. 14, 2020), the U.S. Court of Appeals for the Ninth Circuit reversed a judgment in favor of Axis Reinsurance ...
Clyde & Co
In the latest round of steps taken between the US and Mainland China, last Friday (7 August 2020) the US Department of the Treasury's economic sanctions unit, the Office of Foreign Assets Control, listed eleven individuals ...
Kramer Levin Naftalis & Frankel LLP
The National Association of Insurance Commissioners (NAIC) Statutory Accounting Principles Working Group (SAPWG) met remotely on July 30, as part of the NAIC's all-virtual 2020 Summer National...
Cooley LLP
In part 3 of our blog series on reinsurance issues arising from COVID-19, we consider the implications of "reopening" the economy on reinsurance exposure.
Kramer Levin Naftalis & Frankel LLP
Controlling persons of insurance companies would be required to file an annual group capital calculation (GCC) with state insurance regulators, and such information would be subject to confidentiality...
Cooley LLP
In part 2 of our blog series on reinsurance issues arising from COVID-19, we consider the difficulties that might arise from the application of aggregation clauses in reinsurance policies to COVID-19 losses.
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