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You're Getting Sued for What? An E&O Odyssey (Pt 8)

by Heenan Blaikie LLP on 5/23/2012

This post is part of an occasional series highlighting the type of risks which film and TV producers face and which are supposed to be covered by E&O insurance. The series aims to demonstrate that what might seem to a...more

MA Senate Passes Health Care Payment Reform Legislation

by Mintz Levin - Health Law on 5/22/2012

After two days of debate that featured consideration of 265 amendments, the Massachusetts Senate last week voted 35-2 to approve health care payment reform legislation. The Senate bill anticipates medical cost savings of $150...more

Assured Guaranty Sues GMAC Entities in Connection with RMBS Insurance

by Orrick, Herrington & Sutcliffe LLP on 5/22/2012

On May 11, 2012, Assured Guaranty filed suit in the United States District Court for the Southern District of New York against several GMAC entities alleging that the defendants induced Assured to issue financial guaranty...more

Arbitration Limitation: Ninth Circuit Holds That a Bankruptcy Court May Refuse to Enforce an Arbitration Clause

by Mintz Levin - Bankruptcy, Restructuring &... on 5/22/2012

Clients often raise questions concerning the enforceability of arbitration clauses in bankruptcy proceedings. While this topic has been hotly debated for many years, a recent Ninth Circuit opinion, In re Thorpe Insulation...more

Health Care Reform Update -- May 21, 2012

by Mintz Levin - Health Law on 5/22/2012

In This Issue: Implementation of the Affordable Care Act (ACA); Other HHS and Federal Regulatory Initiatives; Other Congressional and State Initiatives; Other Health Care News; and Hearings & Mark-ups...more

Do You Have Coverage for Product Contamination Under Your Property Policy?

by Lowenstein Sandler PC on 5/22/2012

The decision in PBM Nutritionals v. Lexington Insurance Company, No. 110669 (Va. Cir. Ct., April 20, 2012), highlights the hurdles a company must overcome when trying to obtain insurance coverage for a first-party loss...more

Assured Guaranty and Deutsche Bank Settle RMBS Claims for $165.6 Million

by Orrick, Herrington & Sutcliffe LLP on 5/22/2012

On May 10, 2012, Assured Guaranty announced that it had reached a $165.6 million settlement with Deutsche Bank resolving claims related to RMBS transactions issued, underwritten or sponsored by Deutsche Bank that were insured...more

Second Circuit Affirms Duty to Defend Under Professional Liability Policy

by Traub Lieberman Straus & Shrewsberry LLP on 5/22/2012

In its recent decision in Westport Ins. Corp. v. Hamilton Wharton Group, Inc., 2012 U.S. App. LEXIS 9888 (2d Cir. May 17, 2012), the United States Court of Appeals for the Second Circuit had occasion to consider whether a...more

China Briefing - April 2012 (May 21, 2012)

by Reed Smith on 5/22/2012

Pharmaceuticals, Medical Devices, Health Care & Life Sciences News • NDRC: Chinese government to review carefully drug pricing differences between ex-factory and bid prices (NBD News 2012-04-05) – April 5, 2012...more

mHealth Stakeholders: Bullet List of Legal Considerations

by Duane Morris LLP on 5/22/2012

You are a device maker, an app or software developer, a potential investor, a healthcare provider, a healthcare payor or an insurer and you see opportunities in mobile health (mHealth). You have an idea for a revolutionary...more

State of the States: Health Insurance Exchanges -- May 18, 2012

by McKenna Long & Aldridge LLP on 5/21/2012

On Wednesday, what was shaping up to be “just another week” for exchange watchers dramatically changed, when the Department of Health and Human Services (HHS) released additional exchange guidance on the federally facilitated...more

Health Care Reform: Additional Guidance on the Summary of Benefits and Coverage

by Proskauer Rose LLP on 5/21/2012

The Departments of Labor, Health and Human Services and Treasury (the "Departments") recently released the ninth in their series of answers to frequently asked questions on implementation issues associated with the Affordable...more

MLA's Weekly Health Care Wrap-Up -- May 18, 2012

by McKenna Long & Aldridge LLP on 5/21/2012

In This Issue: Federal Update -- HHS Releases Additional Exchange Guidance, Funding, Senate Budget Debate Going Nowhere…, …As the Upper Chamber Readies for User Fee Debate, Baucus Officially Weighs in on Tavenner...more

Paying Medical Bills Pending A Car Accident Settlement

by Collins & Collins, P.C. on 5/21/2012

Many personal injury cases involve injuries sustained in an automobile accident. Victims of car accidents often find themselves with mounting medical care bills and wonder how to pay them while the case settles. ...more

Self-Insured and Insured Medical Plans, Including Stand-Alone Retiree Plans and HRAs, Are Subject to $1 Fee per Covered...

by Davis Wright Tremaine LLP on 5/21/2012

The IRS recently issued a proposed regulation explaining a new fee imposed by the Patient Protection and Affordable Care Act (PPACA). For calendar year plans, the fee begins this calendar year and remains in effect through...more

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Insurance Updates – May 23, 2012