FORC Journal - Vol. 22 Edition 2 - Summer 2011

The Summer Edition contains a wealth of information not to be hoarded, but to be shared with your colleagues during the lazy(?) days of summer.

On a more serious note, we would like to express our condolences to the friends and relatives of our fellow FORC member Gary Hernandez, who recently passed away.  His article entitled “Social Media Best Practices” is published below.

Kevin Fitzgerald, Editor

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ENACTMENT OF LEGISLATIVE OVERHAUL MAKES TENNESSEE ATTRACTIVE DOMICILE FOR CAPTIVES

By  T. Stephen C. Taylor, Esq., BASS, BERRY & SIMS, PLC
On May 21, the Tennessee General Assembly approved sweeping legislation that completely overhauls Tennessee's captive insurance company law, creating new opportunities for holding companies and corporations to self-insure their own risks or to join w

NEW SUPREME COURT CASES FIND VEHICLE SERVICE CONTRACTS AND GAP PRODUCTS MEET THE DEFINITION OF ...

By  Angela Ables, Esq., KERR, IRVINE, RHODES & ABLES, P.C.
NEW SUPREME COURT CASES FIND VEHICLE SERVICE CONTRACTS AND GAP PRODUCTS MEET THE DEFINITION OF "INSURANCE" IN OKLAHOMA AND ARE SUBJECT TO TORT RECOVERY FOR BAD FAITH

INSURANCE PRODUCER COMPENSATION IN LOUISIANA

By  Ronnie L. Johnson, Esq., McGLINCHEY STAFFORD, PLLC
There has been much discussion and debate about insurance producer compensation in Louisiana over since August of last year.

SOCIAL MEDIA BEST PRACTICES

By  Gary A. Hernandez, Esq., SNR Denton US LLP & Sean McEneaney, SNR Denton US LLP
The use of social media platforms such as Facebook, Linked-In and Twitter is growing exponentially.

DIRECT PROCUREMENT: RECENT DEVELOPMENTS IN THE LAW

By  Frederick J. Pomerantz, Esq., GOLDBERG SEGALLA LLP
This is an updated article on the subject of direct procurement insurance transactions.

NOT IN MY BACKYARD: NAIC FILES AMICUS CURIAE BRIEF ARGUING FEDERAL COURT HAS NO PLACE IN INSURER ...

By  Richard J. Fidei, Esq., GREENBERG TRAURIG LLP & Fred E. Karlinsky, Esq., GREENBERG TRAURIG LLP
NOT IN MY BACKYARD: NAIC FILES AMICUS CURIAE BRIEF ARGUING FEDERAL COURT HAS NO PLACE IN INSURER LIQUIDATION PROCEEDINGS

THE FEDERAL INSURANCE OFFICE

By  William J. Toman, Esq., QUARLES & BRADY LLP
The history of the federal role in the regulation of insurance is a story of fits and starts.