Wednesday, April 14, 2021
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All posts tagged 'insurance regulation'

Check out all of the posts tagged with 'insurance regulation' below. If you still can't find what you are looking for, try using the search box.

Policyholders Should Not Mourn the Death of SB 1628

Failing to make the cut for the May 26th House calendar, Senate Bill 1628 is dead.  

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SCOT Confirms the “No-direct-action” Rule Applies to Non-monetary Claims for Declaratory Relief

In a per curiam opinion issued Friday, the Texas Supreme Court confirmed third-party plaintiffs do not have standing to assert claims for declaratory relief against a liability insurer before establishing the insurer’s legal obligation to pay damages . 

In In re Essex Insurance Company, the Court granted Essex’s request for mandamus relief after the trial court refused to dismiss declaratory judgment claims filed by Rafael Zuniga in a personal injury suit Zuniga filed against San Diego Tortilla (“SDT”).   Zuniga lost his hand while operating a tortilla machine at SDT’s manufacturing facility.  Zuniga alleged that he was working as an independent contractor at the time of the injury, not as SDT’s employee.  


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Federal Insurance Office :: First Report to Congress Two Months Overdue

Among other sweeping reforms designed to mitigate against the next financial crisis, the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (Dodd-Frank) created the first federal regulatory agency focused on insurance, an industry historically subject primarily to state regulation under the McCarren-Ferguson Act of 1945.  Undoubtedly prompted by the near-failure of insurance giant AIG, the Federal Insurance Office Act of 2010 established the Federal Insurance Office (FIO) within the U. ......

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