12/10/2025 11:33:09 PM NAIC Fall Meeting Update: Homeowners Market Data Call (C) Task Force By J.J. Silverstein Matt Citrin The Homeowners Market Data Call (C) Task Force (the “Task Force”) oversees the Homeowners Market Data Call and is responsible for...
12/10/2025 9:04:10 PM NAIC Fall Meeting Update: Cybersecurity (H) Working Group Receives Comments on Cyber Event Notification Portal By J.J. Silverstein Matt Citrin On December 10, 2025, the Cybersecurity (H) Working Group met to discuss, and receive comments regarding, its proposed Cybersecurity...
12/10/2025 8:07:39 PM NAIC Fall Meeting Update: Producer Licensing (D) Task Force Receives Report on NIPR Expansion and Changes By J.J. Silverstein Julia Ditkoff In an efficient meeting on December 10, 2025, the Producer Licensing (D) Task Force received a report from the National Insurance...
12/10/2025 5:52:39 PM NAIC Fall Meeting Update: Mental Health Parity and Addiction Equity Act (B) Working Group By J.J. Silverstein Julia Ditkoff The Mental Health Parity and Addiction Equity Act (B) Working Group (the “Working Group”) monitors developments related to the Mental...
12/10/2025 12:02:10 AM NAIC Fall Meeting Update: Climate and Resiliency (EX) Task Force By J.J. Silverstein Julia Ditkoff The mission of the Climate and Resiliency (EX) Task Force is to serve as the coordinating NAIC body for discussion and engagement on...
12/9/2025 11:50:09 PM NAIC Fall Meeting Update: Reinsurance (E) Task Force Discusses Implementation of Actuarial Guideline LV for Testing Adequacy of Reserves in Life Reinsurance By Austin Neal J.J. Silverstein Benjamin Schwab On December 9, 2025, the Reinsurance (E) Task Force, which reports to the Financial Condition (E) Committee, met to discuss, among other...
12/9/2025 11:11:11 PM NAIC Fall Meeting Update: Third-Party Data and Models (H) Working Group Exposes Risk-Based Regulatory Framework for Third-Party Data and Model Vendors By J.J. Silverstein Matt Citrin On December 9, 2025, the Third-Party Data and Models (H) Working Group, which reports to the Innovation Cybersecurity and Technology (H)...
8/26/2025 4:00:10 PM Whether Parties Agreed to Arbitrate Is Jurisdictional and Requires Independent Analysis by a U.S. Court in a Recognition Proceeding By Max Chester In a precedential decision that will impact numerous recognition proceedings in the U.S., the United States Court of Appeals for the...
8/12/2025 8:48:10 PM The Executive Order Guaranteeing Fair Banking for All Americans and Its Implications for State Regulation of Insurance Trade Practices Related to Political Opinions By J.J. Silverstein On August 7, 2025, the White House issued an Executive Order titled “Guaranteeing Fair Banking for All Americans,” which is intended to...
8/6/2025 9:25:38 PM Fiscal Year 2026 Changes to the NFIP WYO Financial Assistance/Subsidy Arrangement Costs, Expenses, Reimbursement, and Refund Provisions By J.J. Silverstein Pursuant to 42 U.S.C. § 4081(a),[1] the Federal Emergency Management Agency (FEMA) is authorized to engage private insurers to sell...
8/5/2025 7:52:09 PM Virginia Bureau of Insurance Issues Updated Guidance Regarding Minimum Capital and Surplus, Seasoning, and Procedures for Companies Seeking to be Licensed as Insurers By J.J. Silverstein On August 6, the Virginia Bureau of Insurance (BOI) issued Administrative Letter 2025-03 (the Letter)[1] to all companies seeking to be...
8/4/2025 8:41:41 PM Virginia Bureau of Insurance Issues Guidance Clarifying Material Change and Required Notifications for Managed Care Health Insurance Plans By J.J. Silverstein On July 22, the Virginia Bureau of Insurance (BOI) issued Administrative Letter 2025-02 (the Letter) to all licensed insurers writing...
7/30/2025 8:54:13 PM CMS Finalizes Rule Change Applying Preponderance of the Evidence Standard to Agent, Broker, and Web-Broker Exchange Agreement Terminations for Cause By J.J. Silverstein In its recently issued Final Rule (CMS-9884-F; 90 FR 27074-01; the Final Rule), the Centers for Medicare and Medicaid Services (CMS)...
6/26/2025 4:27:42 PM S.D.N.Y. Finds Arbitration Clause in Insurance Contract Unenforceable, Following Second Circuit Precedent that the McCarran-Ferguson Act Preempts the New York Convention By Fandl User Two recent decisions from the United States District Court for the Southern District of New York highlight the split among circuits on...
6/26/2025 4:23:23 PM Second Circuit Holds New York Convention is Self-Executing and Not Preempted by McCarran Ferguson Act By Fandl User On May 8, 2025, United States Court of Appeals for the Second Circuit held, in Certain Underwriters at Lloyd’s, London v. 3131 Veterans...
6/26/2025 4:19:57 PM Eighth Circuit Affirms Summary Judgment to Insurer in Dispute with Construction Project Owner Over Lost Rental Income By Fandl User On Monday, June 9, 2025, the Eighth Circuit Court of Appeals ruled that a Missouri real estate developer could not recover insurance...