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Beacon Insights by JD Supra

The Year in Insurance – 2024 Popular Reads on JD Supra

A year-end recap of some of the most widely read updates, commentary, and guidance covering insurance law and related matters published on JD Supra throughout 2024....more

Sheppard Mullin Richter & Hampton LLP

California’s Privacy Regulator Had a Busy November, Cybersecurity Audits and Insurance Edition: What Does It Mean for Businesses?

In the fourth in our series of new CCPA regulations from California, we look at both cybersecurity audit obligations as well as the impact of the CCPA on the insurance industry. Cybersecurity Audits The proposed rules address...more

A&O Shearman

Financial Stability Board Sets out Resolution Work for 2025

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The Financial Stability Board has published its resolution report for 2024. The report takes stock of the FSB resolution-related work of the past year as well as of the progress made by FSB members in implementing resolution...more

Ropes & Gray LLP

CMS Issues Final Rules for Medicare Parts A and B Overpayments: Key and Lingering Questions

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In November 2024, the Centers for Medicare & Medicaid Services (“CMS”) released a final rule addressing, among other things, the Medicare Parts A and B overpayment provisions of the Affordable Care Act (the “Final Rule”). It...more

Ropes & Gray LLP

OIG Issues Special Fraud Alert on Medicare Advantage Marketing Arrangements

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On the heels of recent scrutiny of health care professional (“HCP”) arrangements with brokers and agents and Medicare Advantage Organization (“MAO”) arrangements with providers, including through the U.S. Department of...more

Hogan Lovells

Jurisdiction Exit Planning: A checklist to help insurance groups manage geopolitical risk

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Geopolitical risk is high on the list of challenges that insurance groups have to navigate. There are a variety of reasons it may become necessary for a group to exit a particular jurisdiction, and a multitude of ways an exit...more

Marshall Dennehey

Delaware Superior Court Decision Imparts Lessons for Insurance Agents and Brokers Regarding Policy Exclusions and Language

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In June 2024, the Delaware Superior Court granted a motion for summary judgment, requiring an insurance company to defend and indemnify the plaintiff in regard to underlying litigation. In doing so, the court issued a...more

Stotler Hayes Group, LLC

Avoiding Transfer Penalties: How to Identify Successful Strategies to Remove Penalties on Medicaid Eligibility for the Skilled...

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Medicaid is the primary payer for 63% of nursing facility residents, propping up a large part of the industry’s funding. ...more

Woodruff Sawyer

P&C Looking Ahead Guide for 2025: Experts Expect Stabilized Rates

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After years of sustained rate increases, 2025 offers a brighter outlook for commercial insurance buyers. We expect premiums to stabilize or rise modestly, varying by line of business and industry. Increased market competition...more

DLA Piper

CMS Releases New Proposed Rule for Medicare Advantage and Part D

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On December 10, 2024, the Centers for Medicare and Medicaid Services (CMS) released a Proposed Rule for revisions to the regulations governing the Medicare Advantage (MA) program, Medicare Prescription Benefit (Part D),...more

Searcy Denney Scarola Barnhart & Shipley

Florida’s Unique Challenges in Truck Accident Investigations: A Behind-the-Scenes Look

Truck accidents are among the most devastating and complex types of motor vehicle collisions. Due to the size and weight of commercial trucks, these accidents often result in severe injuries, fatalities, and significant...more

Searcy Denney Scarola Barnhart & Shipley

How Night Driving Increases Accident Risks in Florida and How to Drive Safely

Night driving can be a uniquely serene experience, with quieter roads and cooler temperatures in Florida’s tropical climate. However, it also comes with significant risks that make it one of the most dangerous times to be on...more

Alston & Bird

2024 Health Benefits Year: A Year to Remember

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The year was packed with developments for health and welfare benefits plans. Our Health Benefits Team reviews 2024, from new data privacy rules to disaster tax relief....more

Bradley Arant Boult Cummings LLP

11th Circuit Sidesteps Insurer’s Attempt to Rescind Policy but Rules for Insurer Anyway

After a district court determined that Certain Underwriters at Lloyd’s of London (Lloyd’s) could rescind a directors and officers’ policy issued to Anchor Insurance Holdings Inc. and its subsidiary, Anchor Property Insurance...more

J.S. Held

Avoiding False Positive Results in Fire Investigations (2nd Edition)

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Fire investigators recognize the critical importance of adhering to established protocols and procedures to prevent contamination of samples collected for the purpose of ignitable liquid testing. This testing is frequently...more

McDermott Will & Emery

Employee Benefit Plans: Important Considerations for Year-End and 2025

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For calendar-year plans, the 2025 plan year is right around the corner. And even for non-calendar-year plans, January 1, 2025, is a key implementation date for certain plan features. This is the ideal time for plan sponsors...more

Fox Rothschild LLP

AI Talk With Juliana Neelbauer - Episode Two - Cybersecurity Insurance: The New Frontier of Risk Management

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Is your cyber insurance policy sufficient to protect your company? As criminals leverage AI and other emerging technologies to exploit vulnerabilities in cybersecurity defenses, it’s critical to assess your company’s...more

Faegre Drinker Biddle & Reath LLP

Property & Casualty Insurers: Multiple Claims Beyond Settlement Limits

When a policyholder is at fault, their insurer is often faced with multiple claims. These claims add up quickly and can easily surpass policy limits. With clear fault and insufficient policy limits, what is an insurer to do?...more

Foley & Lardner LLP

Massachusetts “Patients First Act” Implementation and Enforcement Re-Extended

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The Massachusetts Senate proposed an amendment on Monday December 2, 2024, that would delay implementation and enforcement of the 2021 Patients First Act addressing health care cost transparency. Section 31 of the amendment...more

Maison Law

Recovering Lost Wages After a California Car Accident

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In California, if someone else was at least partially at fault for a car accident that you were involved in, you can receive compensation for lost wages. The reason for this is because lost wages are included in the...more

Mandelbaum Barrett PC

Preventing and Resolving Construction Disputes: Types of Insurance in Construction Contracts

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Key Insurance Types for Construction - Construction projects often involve numerous risks, but various insurance policies are designed to mitigate these....more

Holland & Hart - Your Trial Message

Account for the New Low in What Jurors Think of Health Insurers

In Charles Dickens’ classic “A Christmas Carol,” the final act is brought by the spectral Ghost of Christmas Future who shows the miserly Ebenezer Scrooge the vision of those he mistreated in life celebrating his death after...more

Barnea Jaffa Lande & Co.

Cybersecurity Enforcement Tightens in NY, Reflecting a Trend

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The New York State Department of Financial Services (NYDFS) and the Attorney General’s office have recently imposed significant fines totalling $11.3 million on Geico and Travelers for data breaches that compromised the...more

Wiley Rein LLP

Court Considers Prior Notice, Intentional Acts, and Contract Exclusions as Applied to Insured’s Violation of California Franchise...

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The United States District Court for the District of New Hampshire, applying California law, considered several exclusions under a directors and officers liability policy as applied to a violation of the California Franchise...more

McGuireWoods LLP

Recent Decision from Eastern District of New York Confirms D&O Coverage for False Claims Act Defense Costs

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A recent decision by a federal court in the Eastern District of New York illustrates how directors and officers (“D&O”) policies can provide valuable insurance coverage for defense costs and potential liabilities arising from...more

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