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January 14, 2013 | FC&S Insurance

‘Computer Systems Fraud’ Rider Covers Hacking Claims, Not Fraud By Authorized System Users, N.Y. Court Rules

A New York trial court has decided that a “Computer Systems Fraud” rider to a financial institution bond covered only unauthorized entry into…
5 minute read
December 05, 2012 | Inside Counsel

Regulatory: What you should know about the CFPB

The Consumer Financial Protection Bureau (CFPB) has been busy since it began enforcing the federal consumer financial laws on July 21, 2011.
5 minute read
November 26, 2012 | FC&S Insurance

$5 Million D&O Coverage for Wal-Mart’s India Corruption Probe?

As Wal-Mart’s joint venture in India investigates potential bribery issues, it may find the expenses – or at least the initial expenses –…
1 minute read
November 21, 2012 | FC&S Insurance

Health Insurer Pays $3 Million to Settle Federal Probe

Coventry Health Care, Inc., has agreed to pay the United States $3 million in return for the agreement by the United States Attorney’s Office for…
2 minute read
October 23, 2012 | FC&S Insurance

Facultative Reinsurance – Jurisdiction and the Nature of the Relationship

Parties involved in the placement of facultative reinsurance of overseas risks into the London Market will be interested in the outcome of a recent appeal,…
1 minute read
August 02, 2012 | The American Lawyer

Asia Deal Digest: August 2, 2012

*Skadden and Clifford Chance advise on $2.3 billion casino refinancing. *Herbert Smith and Slaughter and May advise on Sinopec's $1.5 billion North Sea acquisition. *CMS Cameron McKenna and Linklaters are advising on $1 billion gas deal.
8 minute read
June 08, 2012 | Inside Counsel

Technology: Changes ahead for clinical trials

The Center for Medicare & Medicaid Services (CMS) recently announced that it will delay implementing the Physician Payment Sunshine Act and will not begin collecting data until 2013
8 minute read
March 05, 2012 | The Legal Intelligencer

FTC Preserves Status Quo in Long-Term Care Pharmacy Market

Omnicare Inc.'s eight-month pursuit of acquiring PharMerica Corp. finally crumbled recently under the weight of the Federal Trade Commission's lawsuit. If successful, Omnicare's post-acquisition market share would have been 57 percent of the long-term care pharmacy (LTC pharmacy) market. The FTC stepped in to stop what it believed would have been a resulting anti-competitive advantage that would hurt the health care market, its patients and the taxpayers "who foot much of the bill under Medicare."
9 minute read
March 01, 2012 | Inside Counsel

FTC aggressively seeking to block provider consolidations while making way for ACOs

For the past several years, the Federal Trade Commission (FTC) and the Department of Justice Antitrust Division (DOJ) have acted aggressively to protect competition in the health care industry. For example, the FTC has filed complaints to enjoin three separate proposed hospital consolidations in the last year.
4 minute read
January 11, 2012 | Inside Counsel

Regulatory: The Health and Human Services 2012 Work Plan

The U.S. Department of Health & Human Services (HHS) Office of Inspector General (OIG) recently issued its 2012 Work Plan, which identifies the agencys wide-ranging plans and priorities for the upcoming fiscal year.
4 minute read

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