FORC Journal - Vol. 29 Edition 2 - Summer 2018

It is our honor to present this second edition of volume 29 of the FORC Journal of Insurance Law and Regulation.  Thank you for your participation.

Dan Cotter & Kori Johanson, Journal Co-Editors

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BIG DATA IS A BIG DEAL

By  Scott Kosnoff, FAEGRE BAKER DANIELS LLP
Admit it: you have a nagging feeling that you should learn more about the insurance industry’s use of big data and algorithms, but you don’t know where to begin. Relax. Here are 6 questions (and answers) to help you get started.

MERCURY CASUALTY COMPANY V. JONES

By  Elizabeth Tosaris, LOCKE LORD LLP Jamie Mei Cheng, LOCKE LORD LLP
The California Appellate Court’s recent ruling in Mercury Casualty Company v. Jones interpreted sections 2644.10(f) and 2644.27(f)(9) of title 10 of the California Code of Regulations as urged by the California Insurance Commissioner. That decision

COVERAGE OF FLOOD, MUDSLIDE AND EARTH MOVEMENT CLAIMS AND THE “EFFICIENT PROXIMATE CAUSE” DOCTRINE

By  Nicole Zayac, MICHELMAN & ROBINSON, LLP
In the past year, California faced wildfires and subsequent heavy rains, resulting in floods, mudslides and other earth movement that caused significant property loss. To no one’s surprise, the events in Montecito have led to a number of insurance cl

CORPORATE GOVERNANCE IN INSURANCE: A PRIMER ON THE CORPORATE GOVERNANCE ANNUAL DISCLOSURE MODEL ACT

By  Fred E. Karlinsky, Esq.,GREENBERG TRAURIG, P.A. Richard J. Fidei, Esq.,GREENBERG TRAURIG, P.A. Christian Brito, Esq.,GREENBERG TRAURIG, P.A.
At its core, corporate governance provides the framework for insurers to shape their business plans and operations among the company’s shareholders, board of directors, and management in an environment defined by the corporate charter, bylaws, formal