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The Senate has signed off an insurance reform bill which eliminated earlier proposals on cash roof settlements and fee multipliers, but reduced the statue of limitations and made other pro-industry changes. -
More than 40 private-sector companies have joined the coalition, including FireEye and Microsoft.
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The House amended the Senate’s earlier proposals, adding in restrictions on contractor solicitations but tempering legal fee reform.
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Caroline Krass has held several senior roles within the federal government, including having previously served as general counsel for the CIA.
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The trade body slammed the action by insurance commissioner Mike Kreidler as an “abuse of authority”.
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The state’s House Commerce Committee has approved the proposed legislation with three new amendments.
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The ACCC had initially said it would wrap up its investigation into the competitive implications of the merger by May 27.
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The former LatAm and Caribbean chair, who moved to Guy Carpenter, has failed to nullify non-solicitation clauses.
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Some measures have been re-introduced to tackle legal fee multipliers, but the House version remains weaker than a bill approved by the Senate.
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The former NY Superintendent of Insurance says regulators increasingly appreciate the specific areas of expertise PE firms can bring to bear.
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The intermediary failed to file its 2020 annual report with the SEC on time.
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Lawmakers in North Dakota last week signed legislation to protect businesses from Covid-19 liability claims.
