FORC Journal - Vol. 22 Edition 4 - Winter 2011

With the turkey behind us and the December holidays looming before us, take a breather and relax with the current articles from your FORC colleagues. As always, feel free to share their wisdom/observations with interested individuals.

Kevin Fitzgerald, Editor

Download PDF
(Adobe PDF File)

VIRGINIA INSURANCE ISSUES REGARDING PRE-NEED AND FINAL EXPENSES

By Ben R. Lacy, IV, Esq., SANDS ANDERSON PC
According to a 2007 survey by AARP, 34% of the over 50 years of age population has done some pre-planning and 23% have pre-paid a portion or all of the funeral or burial expense for themselves or someone else.

NRRA GROWS UP FAST

By Frederick J. Pomerantz, Esq., GOLDBERG SEGALLA LLP, and Louis Castoria, Esq., WILSON, ELSER, MOSKOWITZ, EDELMAN & DICKER LLP
Surplus line brokers found a newborn left on their doorstep on July 21, 2011, the day when the Nonadmitted and Reinsurance Reform Act (NRRA) took effect.

FEDERAL SCRUTINY OF INSURANCE REGULATION

By Claude J. Dorais, Esq., DORAIS, McFARLAND, GRATTAN & POLINSKY
The author has been practicing insurance business and regulatory law since 1974. Throughout the 37 year period there has been discussion, at varying levels of seriousness, about the prospect of regulating the insurance business on a Federal level.

CONSOLIDATED ARBITRATION OF MINNESOTA NO-FAULT CLAIMS; IS ITS FUTURE BRIGHT OR IS THE END IN SIGHT?

By Douglas J. Franzen, Esq., FRANZEN LAW & POLICY GROUP, LLC
Developments in the arbitration of no-fault claims have prompted significant discussion among insurers writing automobile insurance in Minnesota.