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New York Law Journal

Capital Requirements for Insurance Businesses: What They Are, Why They Matter

Daniel A. Rabinowitz writes: Capital requirements for insurers are currently undergoing far-reaching changes across numerous jurisdictions as policymakers and regulators strive to keep up with evolving macroeconomic pressures and variables. These changes, in turn, could have a profound impact on some of the most fundamental business decisions made by carriers, such as pricing policies, investing assets, entering or exiting lines of business and others.
18 minute read

National Law Journal

Jeff Sessions Memo, Reversing Obama Stance, Blesses End to ACA Subsidies

NY Attorney General Eric Schneiderman vows to resist Trump administration's legal maneuvering.
10 minute read

The Recorder

Calif. Lawyers Respond to Wine Country Fire Devastation

The fires have destroyed employees' homes, led local law firms to shutter offices and disrupted operations as they try to give early guidance to clients in the region.
7 minute read

New York Law Journal

Insurer Must Pay 15-Year-Old Judgment With Interest

In his No-Fault Insurance Law Wrap-Up, David M. Barshay discusses recent cases involving interest to be paid on overdue claims.
26 minute read

New York Law Journal

Department of Financial Services Finalizes No-Fault Insurance Law

The New York Department of Financial Services on Tuesday finalized regulations limiting the amount that insurers can reimburse policyholders for health care services performed outside of the state. The new rule is in an effort to bolster the state's no-fault insurance law that provides reimbursement of medical expenses and lost wages.
3 minute read

International Edition

Ince senior partner Heuvels leaving London to lead the firm from Hong Kong

Firm's international senior partner set to relocate to Hong Kong base next month
2 minute read

International Edition

Ince senior partner Heuvels leaving London to lead the firm from Hong Kong

Firm's international senior partner set to relocate to Hong Kong base next month
2 minute read

The Legal Intelligencer

State Farm Escapes Bad-Faith Suit Over UIM Coverage

A federal judge has tossed out a bad-faith case over underinsured motorist coverage against State Farm, calling it a re-packaged version of the same issues that had already been resolved.
3 minute read

Daily Business Review

'Corrupt' South Florida Lawyers Featured in Grand Jury Indictment

A newly unsealed indictment details how "corrupt lawyers" allegedly misled clients into making unnecessary medical visits, and used fake investigators to aid a multimillion-dollar insurance fraud.
5 minute read

The Legal Intelligencer

Ruling Allowing Stacked Coverage Absent New Waiver Stands

The Pennsylvania Supreme Court has cemented a lower court's ruling that entitled insureds who previously rejected stacked auto coverage to take advantage of stacking where the insurer fails to obtain a new waiver when a car is added to the policy.
5 minute read

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