Posts Tagged: Federal
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Jul 29, 2011
No CommentsPreventative Services for Women: A Look at the Latest Federal Recommendations
The federal health care reform act (“PPACA”) passed last year directed the Obama administration to come up with a list of preventive services for women that all new health plans should cover without cost-sharing. This week, the medical advisory panel of the National Academy of Sciences’ Institute of Medicine made recommendations at the request of...
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May 09, 2011
No CommentsAs Flood Waters Rise, NFIP Reform Efforts Continue
After witnessing the devastation caused by earthquake, tsunami and tornadoes, we now watch the rising flood waters in the Midwest. As a recent Missouri Department of Insurance news release warned in advance, flooding is an especially big concern this spring, and the Mississippi is cresting at record levels....
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Feb 24, 2011
No CommentsTime To Get To Know Your Customer
On November 17, 2010, the SEC approved the Financial Industry Regulatory Authority’s (“FINRA”) proposal adopting rules governing Know Your Customer (FINRA Rule 2090) and Suitability (FINRA Rule...
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Oct 12, 2010
2 CommentsDiscretionary Clauses…a cautionary tale
The U.S. Supreme Court denied Standard Insurance Company’s request for the Court’s review (Standard Insurance Company v. Morrison) in May. This news is not surprising, considering the fact that the Supreme Court only agrees to hear about 1% of the 10,000 petitions filed for its review each year. The impact of the denial is that...
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May 28, 2010
No CommentsA Time for Compromise
With the Senate’s passage of its version of financial reform late last week, we now await the planned reconciliation process between this Senate version, which was called the “Restoring American Financial Stability Act,” and the House’s “Wall Street Reform and Consumer Protection Act of 2009″ passed in December 2009. A conference committee, comprised of members...
