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A&O Shearman

Just a few months left before DORA enforcement: Time to Take Action

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The Digital Operational Resilience Act EU 2022/2554 (DORA) constitutes a groundbreaking EU regulation designed to establish a unified framework for bolstering cybersecurity and operational resilience within the financial...more

Sheppard Mullin Richter & Hampton LLP

Kentucky and Maryland Enact Insurance Data Security Laws

In April, Kentucky (HB 474) and Maryland (SB 207) adopted insurance data security legislation based on the National Association of Insurance Commissioners (NAIC) model law. A total of 15 states have adopted the NAIC Model...more

Robinson+Cole Data Privacy + Security Insider

South Carolina Enacts Insurance Data Security Act

South Carolina Governor Henry McMaster signed the South Carolina Insurance Data Security Act into law on May 3, 2018....more

Hogan Lovells

New insurance linked securities regime comes into force in the UK

Hogan Lovells on

On Friday 8 December 2017, the Risk Transformation Regulations 2017 and the Risk Transformation (Tax) Regulations 2017 (the ‘Regulations’) will come in to effect bringing to fruition the Government’s plans to position the UK...more

Carlton Fields

Wisconsin Adopts New Credit For Reinsurance Rule Based On Certified Reinsurers

Carlton Fields on

On November 7, 2017, the Commissioner of Insurance for the State of Wisconsin issued an order approving a new rule to be added to Section Ins. Ch. 52, Wis. Adm. Code. The rule is intended to modernize Wisconsin’s credit for...more

Carlton Fields

Texas Passes Reduced Collateral Credit For Reinsurance Law Pertaining To Foreign Reinsurers

Carlton Fields on

This past summer, the Texas legislature passed and the Governor signed a law that allows Texas insurers to negotiate reinsurance contracts with foreign reinsurers that do not require 100% collateral before the insurer can...more

Carlton Fields

Nevada Securities Act Amendments – What’s Next?

Carlton Fields on

Over the summer, much was written about amendments to the Nevada Securities Act provisions governing financial planners, which became effective July 1, after being signed by the Governor on June 2....more

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