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MARKET CONDUCT SETTLEMENT IN CALIFORNIA
Robert W. Hogeboom, Esq. The California Department of Insurance ("DOI") maintains a Market Conduct Bureau ("Bureau") which conducts market conduct examinations of insurers focusing on their claims, underwriting and marketing practices.
TRAVELING EMPLOYEES AND THE WORKERS' COMPENSATION COVERAGE DILEMMA
John R. Heitkamp, Jr.
Thomas M. Rose John Doe is a parts salesman for ABC Farming, a farming manufacturer based in the South. Mr. Doe's job requires him to travel to various distributors throughout Idaho during a one week sales trip. While driving from one sales call to the next, Mr. Doe's car is struck by a tractor negligently driven by a potato farmer.
CHALLENGING THE ADMINISTRATIVE SUBPOENA
Douglas A. Mang, Esq.
Robert E. Wolfe, Jr., Esq. A considerable amount of any insurance company's time is spent working with regulatory agencies in the states where its business is transacted.
THE SALE OF INSURANCE BY NATIONAL BANKS HISTORICAL HIGHLIGHTS & RECENT DEVELOPMENTS
Laurie A. Briggs
Thomas E. Workman In Barnett Bank of Marion County, N.A. v. Nelson, 116 S.Ct. 1103 (1996), the Supreme Court held that a federal law authorizing the sale of insurance by national banks located and doing business in small towns preempted a Florida statute prohibiting such sales. In the year that has followed, Barnett has become the most discussed and debated development in its field and has engendered as much dispute as it attempted to settle.
THERE'S NO PLACE LIKE HOME
Francine L. Semaya, Esq.
Vanessa L. Sutter, Esq. Why stay in New York? With over 49 jurisdictions to choose from, a majority of which appear to be changing with the times and facing head-on issues of the 1990's, many New York life insurance companies are beginning to question whether they should redomesticate out of New York to a state that may better address their needs.
NEW YORK INSURANCE DEPARTMENT VOIDS COMMITMENT AGREEMENTS
Stewart H. Walker, Esq. Until recently, New York domestic life insurance companies had been required by the New York Insurance Department ("Insurance Department"), as a condition of initial licensure, to execute a document entitled, "Commitment Agreement to the New York Insurance Department" ("Commitment Agreement").
The FORC Journal is designed to provide practical and useful information, but not legal advice. If legal advice is required, please seek professional counsel. FORC does not endorse the views expressed in any of the articles contained in the FORC Journal.
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