FORC Journal - Vol. 29 Edition 3 - Fall 2018

It is our honor to present this third edition of volume 29 of the FORC Journal of Insurance Law and Regulation.  Thank you for your participation.

Dan Cotter & Kori Johanson, Journal Co-Editors

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TAKEAWAYS FROM OCTOBER 18, 2018 AETNA PUBLIC HEARING AT NEW YORK DFS

By  Frederick J. Pomerantz, Esq., INSURANCE LEGAL & REGULATORY CONSULTING, PLLC
I attended the public hearing on the CVS-Aetna merger at New York's Department of Financial Services on October 18, 2018. I listened intently to the opening remarks of Superintendent Maria Vullo which, in greatest part, repeated the concerns voiced i

BLOCKCHAIN AND THE FUTURE OF INSURANCE REGULATION

By  Gregory J. Lestini, Esq., BRICKER & ECKLER, LLP Maureen C. Flahive, Esq., BRICKER & ECKLER, LLP
This article will examine the potential for blockchain in insurance regulation and describe, as an example, recent use of blockchain by the County Auditor in Columbus, Ohio – a first of its kind use of the platform for real estate transfers.

CORPORATE GOVERNANCE IN INSURANCE: THE EU GENERAL DATA PROTECTION REGULATION AND ITS IMPLICATIONS F

By  Francoise Gilbert, CIPP EU, CIPP US, CIPM GREENBERG TRAURIG, LLP Fred E. Karlinsky, Esq., GREENBERG TRAURIG, LLP Christian Brito, Esq., GREENBERG TRAURIG, LLP
The protection of personal information remains one of the most significant concerns facing the insurance industry. New and evolving legal and regulatory requirements in the United States and abroad have shaped a new landscape that companies must lea

THE CONTINUED VIABILITY (OR LACK THEREOF) OF THE INDEPENDENT INSURANCE PROCUREMENT DOCTRINE FOLLOWIN

By  Tasha N. Cycholl, Esq., KUTAK ROCK LLP; Andrew L. McNichol, KUTAK ROCK LLP
Wayfair had a big presence in 2018, not only through its coffee table and lounge chair offerings, but in the U.S. Supreme Court. In a landmark, surprising 5-4 decision, the high court held that the state of South Dakota could constitutionally require

DIRECT PROCUREMENT & SURPLUS LINE INSURANCE LAW IN WASHINGTON STATE; AN OVERVIEW OF WASHINGTON STATE

By  Steven Beeghly, KREGER BEEGHLY PLLC
Microsoft recently signed a Consent Order with Washington State settling a pair of insurance regulatory matters related to Cypress Insurance Company, their Arizona captive insurer. Microsoft agreed going forward to comply with Washington insurance l