The Standard Formula Podcast | The SFCR and Other Public Reporting: A Solvency II Cornerstone
Podcast: Discussing the 2022 Regular Legislative Session with Beth Vecchioli
Mad Dogs and Panameños!
The Wonder Years - Rediscovering the Magic of Split Dollar Life Insurance
On Demand Insurance is Here But Will it Stay?
In Greenaker v. Universal Property & Casualty Insurance Co., Florida’s Second District Court of Appeal clarified the difference between actual cash value (ACV) and replacement cost value (RCV) valuations and reversed a final...more
After the Life Insurance and Annuities Illustrations (A) Working Group dissected annuity illustrations, it reported its findings to the A Committee. The working group discovered that the use of high illustrated rates and the...more
On May 8, 2026, Tennessee became the first plaintiff state to reach a proposed settlement in Commonwealth of Pennsylvania, et al. v. Mariner Finance, LLC, No. 2:22-cv-03253-KBH (E.D. Pa.), the multistate enforcement action...more
The Fifth Circuit Court of Appeals has affirmed in part and reversed in part an order dismissing plaintiff Porch.com’s breach of contract claims brought under a reinsurance intermediary authorization agreement (RIAA)...more
Courts around the country continue to conduct regular checkups on the law regarding stranger-originated life insurance (STOLI) policies, slayer statutes, and privacy legislation....more
Welcome to the 26th edition of the Troutman Pepper Locke LLP Excess and Surplus Lines Law Manual. Updated for 2026, this edition reflects all of the pertinent changes in the surplus lines laws and regulations of the 50 states...more
On April 3, Kentucky enacted SB 158, a comprehensive statute governing products that offer benefits in connection with personal property, with a particular focus on add‑on products sold with vehicle finance and lease...more
A proposed new law being considered by the Oklahoma Legislature this term is House Bill 2933, containing, among other things, the “Homeowner Claims Bill of Rights.” HB 2933 also establishes certain civil penalties for the...more
Misrepresentation of the value or quantity of allegedly stolen property remains one of the most litigated issues in first-party property insurance claims. ...more
Subrogation is a cornerstone of insurance law and practice. It enables insurers to “step into the shoes” of the insured and pursue recovery from third-party wrongdoers responsible for the insured’s loss....more
On February 9, the U.S. District Court for the Western District of North Carolina granted in part and denied in part a title insurer’s motion to dismiss in a real estate fraud case, where a mortgage lender alleged it suffered...more
"How much limit should we buy?" This is a perennial question in the world of reps and warranties insurance (RWI). For years, the shorthand answer has been 10% of enterprise value. But as with many rules of thumb, it's worth...more
The past year was action-packed for insurers and insurance coverage. In this commentary, we examine some of the key trends, developments, and decisions impacting the U.S. insurance industry in 2025 and forecast potential...more
A snapshot of key market and regulatory developments expected to impact the UK insurance sector over the next year....more
On December 18, 2025, the Government of British Columbia announced the long-awaited Restricted Insurance Agent Licence Regulation (“Regulation”), which will come into force on January 1, 2027, alongside certain provisions of...more
Recent updates to the North Carolina General Statutes in Chapter 58 (insurance) and to a portion of Chapter 42 (landlord and tenant) became law on July 1, 2025, under Session Law 2025-45 (House Bill 737)....more
The use of transactional representations and warranties insurance is now well established, but that was not the case only a dozen years ago, when RWI in corporate mergers and acquisitions transactions was a growing, but still...more
The Eleventh Circuit Court of Appeals affirmed summary judgment in favor of Nautilus Insurance Co. in L. Squared Industries Inc. v. Nautilus Insurance Co., holding that an insured’s failure to provide timely notice of a...more
On September 9, 2025, the Court of Appeal of the State of California upheld California Attorney General (AG) Rob Bonta’s trial-court victory against a business and its owner for violations of California’s unfair competition...more
Indiana’s Supreme Court has announced major changes to the governing standards for insurance disputes in the state. In Baldwin v. Standard Fire Ins. Co., 25S-CT-00033 (2025), the court adopted Section 26 of the Second...more
On October 10, 2025, Illinois Attorney General (AG) Kwame Raoul filed a lawsuit on behalf of Ann Gillespie, director of the Illinois Department of Insurance (the Department), against four different entities, all within the...more
According to a 2025 report on cyber insurance trends published by Munich Re, the global cyber insurance market totaled $15.3 billion in 2024, and is expected to reach $16.3 billion by the end of 2025. ...more
1.0 D&O Market Update - 1.1 Rates for Public Companies - The directors & officers (D&O) insurance marketplace alternates between hard, soft, and stable cycles over time. Depending on the year, various factors dominate...more
Although the capitalization and prudential regulation of insurers is complex, the economic essence of an insurance company is simple. A company is established with capital and regulatory licenses. It agrees to make future...more
If Congress does not reauthorize the National Flood Insurance Program (NFIP) by September 30, major parts of the program will expire—a lapse that could cause major problems in the mortgage industry....more