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Digging into the New HRA Regulations, Part 2 – ERISA Implications
New regulations issued by the Departments of Labor, Treasury, and Health and Human Services have expanded the use of health reimbursement accounts ("HRAs") by allowing reimbursements for individual market insurance premiums.
United States
24 Jul 2019
For The First Circuit, Transaction Costs In Structured Settlements Are Not Fraud
Liability insurers charge premiums in exchange for an agreement to cover certain claims against their policyholders.
United States
8 Jul 2019
Digging Into The New HRA Regulations Part 1 – Individual Coverage HRAs
As discussed in our June 18th blog entry, the Departments of Labor, Health and Human Services, and Treasury recently released final regulations expanding the use of health reimbursement arrangements ("HRAs").
United States
1 Jul 2019
Regulation Round Up - May 2019
The Financial Conduct Authority ("FCA") published a call for input on its evaluation of the Retail Distribution Review and Financial Advice Markets Review.
17 Jun 2019
Regulation Round Up - April 2019
The Financial Conduct Authority ("FCA") published a statement announcing that it is commissioning an investigation by an independent person into the issues raised by the failure of London Capital & Finance.
United States
10 May 2019
Regulation Update
The FCA has warned firms in the general insurance sector to put customers first with regard to the value of products and services provided to them.
United States
3 May 2019
Regulation Round Up - January 2019
The Financial Conduct Authority ("FCA") published a press release explaining that claims management companies can now register for the temporary permission they will need to continue operating when the FCA takes over...
8 Feb 2019
The Proposed BEAT Regulations
On December 13, 2018, the Internal Revenue Service and the Department of the Treasury released proposed regulations with respect to the "base erosion and anti-abuse tax" under section 59A of the Internal Revenue Code.
United States
7 Jan 2019
Regulation Round Up – November 2018
The Prudential Regulation Authority ("PRA") updated its consultation paper on changes to the PRA Rulebook and onshored binding technical standards.
European Union
7 Dec 2018
Massachusetts Health Insurance Responsibility Disclosure Form Must Be Filed By November 30 And Annually Thereafter
To the extent that employers need assistance completing the forms, employers should consider contacting benefits consultants or legal counsel.
United States
29 Nov 2018
UK Judgment On London Market's Standard Insurance Sanctions Clause
On 12 October 2018, the UK Commercial Court handed down its judgment in Mamancochet Mining Ltd v Aegis Managing Agency Ltd & Others [2018] EWHC 2643 (Comm).
8 Nov 2018
Regulation Round Up - October 2018
The Competition and Markets Authority published a paper that was prepared jointly with the Financial Conduct Authority setting out the lessons that have been learned from the programme of work conducted by the UK Competition Network.
8 Nov 2018
Regulation Round Up - September 2018
The Prudential Regulation Authority ("PRA") published its Regulatory Digest for August 2018 in which it highlighted key regulatory news including reference to a NISU that the PRA and the FCA launched jointly.
4 Oct 2018
New York Insurance Law: Under Construction
Imagine you hired a general contractor to renovate the master bathroom of your home.
United States
14 Jun 2018
Insurance Coverage In The Post-Weinstein Era
With new headlines involving sexual harassment and other inappropriate sexual conduct continuing to emerge on a daily basis, insurance coverage for claims that might emerge is something every company should consider.
United States
20 Dec 2017
District Court Applies Texas Ban On Discretionary Clauses In Insurance Contracts
A federal district court in Louisiana upheld a Texas state law prohibiting insurers from granting themselves discretion to interpret benefit plans when deciding benefit claims.
United States
17 Nov 2017
UK Tax Round Up: October 2017
Welcome to the October 2017 edition of the Proskauer UK Tax Round Up. The past month has been a number of interesting case decisions among other developments.
30 Oct 2017
Five Ways to Prepare for Business Interruption and Property Damage Insurance Claims in a Natural Disaster
The extraordinary images and reports of the devastation from Hurricane Harvey have filled the news outlets.
United States
29 Aug 2017
Don't Let New Technology Cloud Your Legal Judgment
Law firms are slowly but steadily moving to the cloud. According to an American Bar Association report, 37.5% of lawyers reported the use of web-based software services or solutions in 2016...
United States
7 Apr 2017
American Health Care Act – Key Takeaways For Employers And Plan Sponsors
On March 6, 2017, the House of Representatives' Ways and Means Committee and Energy and Commerce Committee released budget reconciliation recommendations that will, after mark-up beginning on March 8th, form the AHCA.
United States
29 Mar 2017
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