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Legal Alerts

Legal Alert: IRS Offers Rules of the Road for Cadillac Plan Tax (March 2, 2015)
On February 23, the Internal Revenue Service (IRS) issued Notice 2015-16 (Notice), which describes several possible approaches for implementing the excise tax on high-cost employer-sponsored health ...
Legal Alert: Life Insurance Unclaimed Property Recommendations of the Uniform Law Commission Working Group (February 27, 2015)
The Uniform Law Commission (ULC) Life Insurance Working Group (Working Group) has released its recommendations  to revise the life insurance provisions of the Uniform Unclaimed Property Act of 1995 ...
Legal Alert: Regulators Respond to Recent Crude by Rail Incidents: Ten Considerations Before Shipping Crude by Rail to Mitigate Exposure (February 27, 2015)
Last week’s derailments in West Virginia and Canada bring more scrutiny to the already heavily scrutinized shipment of crude by rail given the real-time media coverage of the incidents. Last Friday, ...
Legal Alert: Ninth Circuit Rejects Challenge to Bonus Annuity (February 26, 2015)
The U.S. Court of Appeals for the Ninth Circuit has affirmed summary judgment for the insurer in a putative RICO class action relating to a bonus indexed annuity. Rejecting the plaintiff’s claims, ...
Legal Alert: California Joins Maryland and Ohio in Addressing “Price Optimization” (February 23, 2015)
The California Insurance Commissioner issued a notice on February 18, 2015 to more than 750 property and casualty insurers doing business in California, announcing that “any use of Price Optimization ...
Legal Alert: Insurance Topics We Will Be Watching in 2015 (February 18, 2015)
With the first month of the year behind us, this report outlines major insurance topics that we will be watching throughout 2015. Forces, trends and events that we believe will affect regulation, ...
Legal Alert: The Court Mows Down Yard-Man - The Supreme Court Rejects Claim for Lifetime Retiree Benefits (February 12, 2015)
The Supreme Court, in M&G Polymers USA, LLC v. Tackett,1 held that courts cannot infer an employer’s intent to vest welfare benefits from ambiguous or silent collective bargaining agreements, but ...
Legal Alert: EPA and Sierra Club Reach Partial Settlement in Ozone SIP Litigation (February 11, 2015)
The U.S. Environmental Protection Agency (EPA) and the Sierra Club have entered into a proposed consent decree that would partially resolve a lawsuit brought by the Sierra Club against the agency. ...
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