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    Updates on Drones
    (Published July 22, 2016) ISO made a countrywide filing and received approval for various Commercial General Liability and Umbrella endorsements providing drone coverage. In addition, ISO has also developed Inland Marine non-filed classes endorsements for property related exposures. New FAA rule to allow operation for small unmanned Aircraft Systems in the National Airspace System for non-recreational and non-hobby (commercial) purposes.
    The Sky is Buzzing: Drones and Insurance
    (Published July 1, 2016) The future is upon us. The sky is alive with all sorts of unmanned aircraft systems (UAS). The unmanned aircraft systems, also known as unmanned aerial vehicles (UAV) or drones, are aircraft without a human operator aboard and that can be remote controlled by an operator on the ground. The Federal Aviation Administration (FAA) estimates that, by 2020, potential annual unit drone sales could reach 4.3 million for recreational use and 2.7 million for commercial use.
    What Happens when Underwriting Guidelines are Marked Confidential in Texas
    (Published November 16, 2015) The Texas Department of Insurance recently issued a bulletin outlining the process it follows when an insurer requests confidentiality of the underwriting guidelines submitted with a filing for personal auto or residential property policies. This bulletin follows a ruling issued by the Attorney General’s office back in January of 2014, which found that an insurer’s underwriting guidelines for residential property policies are not considered confidential under the Texas Insurance Code. Bulletin B-0021-15, issued on September 11, 2015, reminds insurers of the ruling by the AG and provides information about how the DOI handles these confidentiality requests.
    Data Breach Liability Coverage: How Good is Your Policy Exclusion?
    (Published March 17, 2015) According to the Identity Theft Resource Center, the number of U.S. data breaches tracked in 2014 hit an all-time high and represented a substantial hike of 27.5% over reported breaches in 2013. With the recent discovery of the Anthem data breach, impacting millions of consumers, it appears that 2015 will be another record-breaking year.
    Same-Sex Marriage Update
    (Published October 20, 2014) Following the U.S. Supreme Court decision on October 7th that declined to review lower court decisions on whether same-sex marriage bans in five states were constitutional, the number of states that recognize same-sex marriage rose to 31.
    AICP Gulf States E-Day Update
    (Published June 16, 2014) Last Friday I had the opportunity to attend the Association of Insurance Compliance Professionals (AICP) Gulf States Chapter 2014 Education Day in Atlanta, where more than 70 property, casualty, life and health insurance compliance professionals and regulators met to discuss current industry topics.
    Virginia Legislation to Strengthen Third Party Designee Notices Fails to Advance
    (Published February 11, 2014) On January 8, 2014, the state of Virginia introduced a bill that would require that a long-term care insurer must provide a notice of lapse or termination of the policy or certificate for nonpayment of premium via certified mail or commercial delivery while the policy cannot lapse until at least 60 days after the notice is sent.
    NAIC Approves Model Bulletin for Long-Term Care Rate Increases
    (Published December 30, 2013) Earlier this month, the NAIC approved a model bulletin developed by its Senior Issues Task Force that insurance commissioners could use in communicating with insurers about filing and other requirements for in-force long-term care rate increases.
    Same-Sex Marriage Updates after U.S. Supreme Court Decision
    (Published December 6, 2013) In the aftermath of the Supreme Court decision from June 26th, which held that the Defense of Marriage Act (DOMA) unlawfully discriminated against married same sex couples by prohibiting the federal government from recognizing those couples and thus denying federal rights and benefits, several DOIs issued bulletins to provide guidance regarding disclosures and forms filing.
    Title Insurer Liable for Agent’s Actions in Washington
    (Published September 9, 2013) Title insurance has always been marketed differently than other lines of insurance, and a recent Washington Supreme Court decision clarifies that a title insurer could be held liable for a title insurance agent’s actions.
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