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Georgia Supreme Court Holds Life Insurance Policies Taken Out With Intent to Sell are Lawful

On October 25, 2022, the Supreme Court of Georgia answered a certified question from the Eleventh Circuit Court of Appeals concerning Georgia’s insurable interest statute, OCGA § 33-24-3 (1995)....more

New York DFS Issues Proposed Guidance to Insurers on Managing the Financial Risks of Climate Change

The New York Department of Financial Services (DFS) became the first US financial regulator to issue climate-related guidance intended to require insurers to manage the complex financial risks of climate change. The...more

New Legislation: The Pandemic Risk Insurance Act of 2020

Congressional Rep. Carolyn Maloney of New York has introduced a bill, H.R. 7011, titled the Pandemic Risk Insurance Act of 2020 (the Act). The purpose of the Act is to establish a Federal program, including a Pandemic Risk...more

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