Throughout the pandemic in both the U.S. and abroad, shelters, nonprofit rescues, private breeders and pet stores have reported higher demand for pet ownership than the number of pets to fill it. Not surprisingly, new pet...more
For the sixth consecutive year, the pet insurance industry experienced double-digit growth, according to a new report from the North American Pet Health Insurance Association (NAPHIA). NAPHIA’s “2021 State of the Industry...more
In a meaningful victory for structured settlement annuity owners and issuers, the Southern District of California recently dismissed the claims of alleged “intended” beneficiary, Tera Vance, after having dismissed several...more
The NAIC’s Pet Insurance Working Group continues to moo-ve ahead with the development of a Pet Insurance Model Act (Model). The Model is based in large part on California’s existing pet insurance law.
On its March 6...more
Structured settlements most often take the form of fixed payment annuities, for the most part funded by the tort defendant (or its liability insurer) in a wrongful death or personal injury suit, but are the resulting periodic...more
Calling all pet parents! At least 20 companies currently provide pet insurance, but there has traditionally been little regulatory supervision surrounding these products — until now. The National Association of Insurance...more
Each year, insurers pay out millions of dollars on annuities that are not owed. This not only results in financial loss, but also leads to over-inflated reserves. The problem persists because it is increasingly difficult for...more
Drinker Biddle is pleased to present you with this recap—or “a slice” of the 2019 ILTCI Conference, Chicago, Illinois.
Year after year, the ILTCI Conference is jam-packed with opportunities to reconnect with and learn from...more
5/17/2019
/ Analytics ,
Automation Systems ,
Capital Markets ,
Claims Processing Systems ,
Health Insurance ,
Insurance Industry ,
Legislative Agendas ,
Life Insurance ,
Long Term Care Insurance ,
Medicare ,
Medicare Advantage ,
Policy Terms ,
Professional Conferences ,
Regulatory Standards ,
Risk Mitigation ,
Underwriting