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MARCH 31, 2020 UPDATE: Survey of State Insurance Department COVID-19 Regulatory Actions
Category: Coronavirus (COVID-19), Insurance Regulatory
State insurance regulators continue to respond to issues surrounding COVID-19. States are addressing a wide variety of issues, including (1) the treatment of "insurance" as an "essential business" in light of "Stay at Home" orders; (2) encouraging continued flexibility when dealing with insureds…
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MARCH 25, 2020 UPDATE: Survey of State Insurance Department COVID-19 Regulatory Actions
Category: Coronavirus (COVID-19), Insurance Regulatory
The pace of state regulation in response to COVID-19 hasn’t slowed. In the last few days, many states have (1) waived or extended certain licensing requirements for agents and adjusters; (2) urged carriers to allow grace periods for premium payments, temporarily suspended premium payments, offer…
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Texas Supreme Court Holds Lack of Groundless-Claims Clause in Insurance Policy Does Not Impact the Applicability of the "Eight-Corners Rule"
Category: Insurance Regulatory
On March 20, 2020, the Texas Supreme Court delivered its opinion in Richards v. State Farm Lloyds, addressing a question of Texas law certified from the Fifth Circuit. The certified question concerned Texas’ “eight-corners rule,” which provides that an insurer’s “duty to defend is determined by the…
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Survey of State Insurance Department COVID-19 Regulatory Actions
Category: Coronavirus (COVID-19), Insurance Regulatory
The state regulatory response to COVID-19 has been swift, with nearly every state making pronouncements that affect the insurance industry, specifically. As always, the Insurance Regulatory Practice Group at Mitchell Williams stands committed to providing current and relevant updates that affect…
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NAIC Special Session on COVID-19
Category: Coronavirus (COVID-19), Health Care, Insurance Regulatory
Today, the National Association of Insurance Commissioners (NAIC) held a Special Session on COVID-19. A presentation on virus progression and pathology was made by Dr. Jay Butler, Deputy Director for Infectious Disease a Centers for Disease Control and Prevention (CDC). After Dr. Butler’s…
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The Between the Lines blog is made available by Mitchell Williams Law Firm and the law firm publisher. The blog site is for educational purposes only, as well as to give general information and a general understanding of the law. This blog is not intended to provide specific legal advice. Use of this blog site does not create an attorney client relationship between you and Mitchell Williams or the blog site publisher. The Between the Lines blog site should not be used as a substitute for legal advice from a licensed professional attorney in your state.