With summer winding down and the Labor Day weekend just around the corner, here is the latest from your colleagues. Feel free to pass along to anyone who may be interested.
Kevin Fitzgerald, Editor
By S. David Childers, Esq., KUTAK ROCK LLP and Jennifer L. Kraham, Esq., KUTAK ROCK LLP The term "rescission" can be generally described as the cancellation or abrogation of an agreement or contract, effective from its inception, returning the parties to the positions they would have occupied had the contract never been made.
By Ryan R. Smart, Esq., SMART, SCHOFIELD, SHORTER & LUNCEFORD This article will briefly explore the relationship between Utah's federal high risk pool, the Utah high risk pool, the Patient Protection and Affordable Care Act in general, and what it may portend for the health insurance market.
By John J. Partridge, Esq., PARTRIDGE SNOW & HAHN LLP and Jennifer R. Cervenka, Esq., PARTRIDGE SNOW & HAHN LLP The first of its kind in the United States, Rhode Island’s Voluntary Restructuring of Solvent Insurers Act, R.I. Gen. Laws § 27-14.5-1, (the “Restructuring Act” or the “Act”) authorizes domestic property and casualty insurers and reinsurers in run-of
By Wendy Russell Wiener, Esq., BROAD AND CASSEL Florida’s demographics make it an ideal state for the sale of funeral related life insurance policies. According to data from the 2010 U.S. Census, 17.3% of Florida residents are over the age of 65 (approximately 3.3 million persons).
By Brian T. Casey, Esq., LOCKE LORD LLP (404) 870-4638 and Trey Sivley, Esq., LOCKE LORD LLP One of the key components of the Patient Protection and Affordable Care Act (“PPACA”) is the minimum medical loss ratio (“MLR”) requirement. Under PPACA, health insurance companies must spend at least 85% of their total premium revenue on clinical s