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1
MoFo New York Tax Insights, Vol 10, Issue 6
A Third Department decision denying deductibility of insurance premiums paid to a captive insurance company, upholding the decision of the New York State Tax Appeals Tribunal...
United States
15 Jul 2019
2
Structured Thoughts: News For The Financial Services Community - August 10, 2018
On July 26, 2018, the Financial Conduct Authority (FCA) of the United Kingdom issued a Call for Input1 in relation to the Packaged Retail and Insurance-based Investment Products ...
UK
20 Aug 2018
3
Round 2 For The Title Insurance Industry, But The Fight Is Far From Over
In February of this year, strict new regulations, promulgated by the New York Department of Financial Services (DFS), went into effect, banning title companies ...
United States
20 Jul 2018
4
Float Like A Butterfly, Sting Like A Non-SIFI: Round One Goes To MetLife
The U.S. District Court for D.C. handed down its decision regarding MetLife's challenge to the Financial Stability Oversight Committee's designation of MetLife as a systemically important financial institution.
United States
14 Apr 2016
5
MoFo New York Tax Insights - Volume 7 issue 4, April 2016
In the face of increasing insurance costs for its operations, Stewart's Shops started self-insuring certain of its risks in 1992.
United States
14 Apr 2016
6
#ThrowbackThursday: The CFPB Targets Mortgage Reinsurance Yet Again
In February 2014, Morrison & Foerster published the client alert "The CFPB Targets Mortgage Reinsurance Yet Again."
United States
9 Oct 2015
7
The Bureau Issues Bulletin Regarding Homeowners Protection Act
The CFPB released a bulletin to provide guidance about private mortgage insurance cancellation and termination.
United States
10 Aug 2015
8
UK's Financial Services Regulator Finds Price Comparison Websites Are Failing
The Financial Conduct Authority issued a report identifying that price comparison websites in the general insurance sector are failing to meet expectations.
UK
3 Aug 2014
9
VA Switches: FINRA Disciplinary Action Reminds Firms About The Need For Adequate Supervisory Procedures
In a case involving unsuitable variable annuity transactions, FINRA found that having good procedures and discovering improper conduct are not enough.
United States
31 Jul 2014
10
Tax Talk Volume 7, No. 1 April 2014
We can’t think of a better way to end Q1 2014 than by bringing you the year’s first issue of Tax Talk.
United States
29 Apr 2014
11
Illinois Appellate Court Sustains Wendy's Exclusion Of Insurance Company From Its Combined Returns
Two months after our oral argument, the Appellate Court of Illinois on October 7th reversed a Circuit Court decision and held that Wendy's International did not have to include its insurance subsidiary in its Illinois combined income tax returns.
United States
14 Oct 2013
12
Monitoring Your Own Behaviour – Guidance For Insurers On The Use Of Telematics
As businesses across the economic spectrum seek to develop personalized pricing strategies, the insurance sector continues to lead the way with renewed impetus behind telematics-based insurance offerings.
United States
9 Jul 2013
13
Court Of Appeals Reinstates Insurance Coverage Claim For Disgorgement
In a decision issued on June 11, the New York Court of Appeals reversed the Appellate Division’s dismissal of J.P. Morgan’s lawsuit against its insurers.
United States
25 Jun 2013
14
FDIC Proposes To Nix Insurance For Dually Payable Deposits - With An Upside And A Nod To International Cooperation
The Federal Deposit Insurance Corporation has recently proposed for public comment a rule that would exclude from federal deposit insurance coverage those deposits made at insured U.S. banks that are payable at a foreign branch of a U.S. bank, including those deposits that are payable both at domestic and overseas branches.
United States
28 Feb 2013
15
Pathway For Follow-On Biologics Survives The Supreme Court
The Supreme Court of the United States delivered its much-anticipated and historic ruling in "National Federation of Independent Business v. Sebelius".
United States
 
10 Jul 2012
16
Harris v. Superior Court (Liberty Mutual): California Supreme Court Defines The Scope Of The Administrative Exemption And Finds Insurance Adjusters Can Be Exempt
Last week the California Supreme Court, in a unanimous decision, reversed the Court of Appeal’s decision that held that insurance adjusters are not exempt employees as a matter of law.
United States
9 Jan 2012
17
Dodd-Frank Rulemaking Update: Resolution Plans/Living Wills
The July 6, 2011 Federal Deposit Insurance Corporation Board of Directors (the "FDIC Board") meeting marked the changing of the guard from Chairman Sheila Bair to FDIC Vice Chairman Martin Gruenberg.
United States
21 Jul 2011
18
FDIC Approves Final Rule Of Assessments, Dividends, Assessment Base And Large Bank Pricing
On February 7, 2011, the Federal Deposit Insurance Corporation ("FDIC") approved a final rule on Assessments, Dividends, Assessment Base and Large Bank Pricing ("Rule").
United States
11 Feb 2011
19
Conference Committee Limits the SEC’s Jurisdiction Over Certain Insurance Products
The Conference Committee bill passed by the joint House-Senate conferees on June 25, 2010 (the "Conference Bill"), contained an amendment limiting the Securities and Exchange Commission’s (the "SEC") jurisdiction over certain insurance products—such as equity-indexed annuities, financial products that promise guaranteed returns and other similar products—effectively ending the jurisdictional fight that has been playing out since the SEC promulgated Rule 151A in December 2008.
United States
7 Jul 2010
20
FDIC Extends Securitization Safe Harbor Yet Again; Gains More Time To Further Consider Securitization Reforms
On March 11, 2010, the board of directors of the Federal Deposit Insurance Corporation ("FDIC") adopted a final rule (the "Final Rule") amending 12 C.F.R. §360.6 (the "Securitization Rule") regarding the FDIC’s treatment, as conservator or receiver, of financial assets transferred by an insured depository institution ("IDI") in connection with a securitization or participation.
United States
30 Mar 2010
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