Searching Content indexed under Insurance Laws and Products by Orrick ordered by Published Date Descending.
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The Year Of Dynamex: Navigating California's Assembly Bill 5
On September 18, 2019, California Governor Gavin Newsom signed into law Assembly Bill 5 (A.B. 5). A.B. 5 relates to whether workers are employees or independent contractors.
United States
2 Oct 2019
State Farm Ruling Opens Door For Conversion Claims Against Insurers Who Impose Unlawful Cost Of Insurance Rate Increases
On August 19, 2019 a federal judge in the Northern District of California denied State Farm Life Insurance Company's motion for summary judgment on Plaintiff Elizabeth A. Bally's claims for conversion and breach of contract.
United States
23 Sep 2019
Federal Reserve And FDIC Release Public Sections Of Resolution Plans For Largest U.S. Banks
On July 23, the Federal Reserve Board and the Federal Deposit Insurance Corporation released the public sections of the resolution plans submitted by the eight U.S. global systemically important banks.
United States
31 Jul 2019
New Jersey Supreme Court Rules On Insurable Interest And Return Of Premiums
On June 4, 2019, in a case captioned Sun Life Assurance Company of Canada v. Wells Fargo Bank, N.A., the Supreme Court of New Jersey
United States
28 Jun 2019
EIOPA Publishes Framework For Identifying Conduct Risks
On February 20, the European Insurance and Occupational Pensions Authority ("EIOPA") published a framework for assessing conduct risk through the lifecycle of an insurance product.
United States
6 Mar 2019
EIOPA Publishes Recommendations For Insurers In Event Of No-Deal Brexit
On February 19, EIOPA published recommendations (EIOPA-BoS-19/040) on providing guidance on the treatment of UK insurance undertakings and distributors with regard to cross-border services
United States
5 Mar 2019
EIOPA Publishes Results Of Peer Review Under Solvency II
On January 25, the EIOPA published the results of its peer review that examined how NCAs evaluated the propriety of AMSB members and qualifying shareholders between January 2016 and May 2017.
United States
1 Feb 2019
EIOPA Publishes Call For Evidence On Integration Of Sustainability Risks In Solvency II
On January 17, the European Insurance and Occupational Pensions Authority ("EIOPA") published a call for evidence on the integration of sustainability risks and factors in the prudential assessment
United States
28 Jan 2019
EC Publishes Draft Delegated Regulations Under Mifid II And IDD On Sustainable Finance
On January 4, the European Commission published the following draft Delegated Regulations which are designed to ensure insurance distributors and investment firms take ESG issues into account when advising customers:
European Union
21 Jan 2019
European Commission Guidelines On Application Of PRIIPS Regulation
By smoothing out potential interpretative divergences throughout the EU, the guidelines hope to help providers and distributors of investment products
European Union
20 Jul 2017
European Commission Adopts Delegated Regulation Amending Solvency Ii Delegated Regulation On Infrastructure Corporates
An impact assessment and executive summary were published alongside the Delegated Regulation.
European Union
21 Jun 2017
EIOPA Publishes Guidance On Authorization And Supervision In Light Of Brexit
On May 25, 2017, it was reported on Reuters that the European Insurance and Occupational Pensions Authority ("EIOPA") is to publish guidance directed to national regulators...
European Union
15 Jun 2017
Rating Agency Developments - June 5, 2017
On June 1, 2017, Kroll Bond Rating Agency released a report entitled KBRA's Views on the State of the Solar Market. Report.
United States
15 Jun 2017
Disgorgement Not Always Uninsurable: New York Trial Court Holds Bear Stearns' 2006 "Disgorgement" Payment To SEC Covered Loss
The New York Supreme Court disposed of a longstanding dispute between J.P. Morgan and the insurers of the now defunct Bear Stearns, rejecting the insurers' various arguments to avoid indemnity coverage...
United States
2 Jun 2017
Utah Federal Court Holds That Incontestability Statute Bars Insurer From Avoiding Death Claim On STOLI Policy
On March 13, 2017, Judge David Nuffer of the United States District Court for the District of Utah granted defendant Wilmington Trust Company's motion to dismiss a lawsuit seeking to invalidate...
United States
29 Mar 2017
Breaking Up Is Hard To Do: Ninth Circuit Confirms Insurer's Duty To Defend Ends Only When Case Clearly No Longer Has Potentially Covered Claims
On January 27, 2017, the Ninth Circuit affirmed a California district court's rulings and jury findings that an insurer breached its duty to defend, recognizing that under California law...
United States
9 Mar 2017
Insurance Coverage Dispute Over Fraudulent E-mail Scam Heard by Ninth Circuit
Insurance coverage for "Business Email Compromise" (BEC) scams is a hot issue being litigated by companies and their insurance providers in jurisdictions across the country.
United States
2 Mar 2017
European Commission Confirms Insurance Block Exemption Regulation Not To Be Renewed
On December 13, 2016, the European Commission announced in a press release that Regulation 267/2010, the Insurance Block Exemption Regulation, will not be prevented from expiring on March 31, 2017.
European Union
29 Dec 2016
Council Of EU Postpones PRIIPS Regulation By One Year
On December 8, 2016, the Council of the EU announced that it has adopted a Regulation postponing the application date of the Regulation on key information documents...
European Union
20 Dec 2016
European Parliament Votes To Delay PRIIPS Regulation Application Date
On December 1, 2016, the European Parliament published a press release announcing that it has voted to delay the Regulation on KIDs for packaged retail and insurance-based investment products...
European Union
12 Dec 2016
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