Here's the latest and greatest from your friends at FORC. Happy reading and Happy New Year!
Scott Kosnoff, Editor
By Kevin G. Fitzgerald, Esq., FOLEY & LARDNER LLP & J. Michael Davis, Foley & Lardner LLP Tucked within the 849 pages of the recently-enacted Dodd-Frank Wall Street Reform and Consumer Protection Act ("Dodd-Frank Act") are the 8 pages comprising the Nonadmitted and Reinsurance Reform Act of 2010 ("NRRA").
By Robert B. House, Esq., JONES WALKER LLP & David L. Martin, Esq., JONES WALKER LLP The widely discussed "public option" is not included in the Patient Protection and Affordable Care Act ("PPACA"), which became law on March 23, 2010.
By Steven J. Lauwers, Esq., RATH, YOUNG & PIGNATELLI, P.C. The Patient Protection and Affordable Care Act ("PPACA") added a new Section 2718 to the Public Health Service Act, which mandates that insurance carriers in the group and individual markets (1) provide an annual accounting to the Secretary of the De
By Arthur D. Perschetz, Esq., BAKER & DANIELS LLP Most Risk Retention Groups ("RRGs"), formed as captive insurance companies, are not subject to the same regulation as traditional insurers.
By Michael J. Rothman, WINTHROP & WEINSTINE, P.A. The National Association of Insurance Commissioners ("NAIC") and the National Conference of Insurance Legislators ("NCOIL") recently issued proposed regulations...