Expect Focus - Volume II, Spring 2012
IN THE SPOTLIGHT
- DOL Scrutinizes Retirement Plan Service Providers
LIFE INSURANCE
- Courts Address Absent Class Member Contacts
- Recent STOLI Decisions
- Federal Insurance Office Update
- Annuity Class Action Update
- JOBS Act Lifts PPVIP Limits
- NAIC Takes Next Steps in Collateral Reduction Initiative
- Negotiated Cooperation is Best Approach in IRS Third-Party Summonses
- Unclaimed Property Requirements
HEALTH CARE
- Settlement Shields Funds from ERISA Equitable Lien
- Court Holds Dependent SSDI Benefits Can be Offset
- Long-Term Care Insurance: Litigation Updates
PROPERTY & CASUALTY
- In Colossus Cases, Insurers Bestride Narrow Constructions
- Appeals Court Finds Mediation Statute Does Not Preclude Appraisal
- Florida Court Rules Extrinsic Evidence Appropriate
- Minnesota Court (Slightly) Shifts Burden of Proof for Auto Glass Claims
NARROWING THE FOCUS
- Update of NAIC Separate Account Initiatives
SECURITIES
- BDs Must Jump Hurdles for Complex Products
- The Potential of Rising Standards for Insurance Product Sales Materials
- Shareholders Say Misuse of DMF Caused MetLife “Stock Drop”
- Investor Protection Position Takes Back Seat at SEC
- SEC Disclosure Report May Advance VA Summary Prospectus
- Unauthorized Transactions in Customer Accounts
- Court Rebuffs Schwab’s Challenge to FINRA
CONSUMER FINANCE & BANKING
- Third Circuit Sinks (b)(2) Class for Lack of Standing
- Fifth Circuit Applies Dukes Rulings
- Eleventh Circuit Rules Bank Customers Must Arbitrate
- Seventh Circuit Affirms “Clear Trend” Against RESPA Section 8 Class Actions
- Arbitration Roundup
- FTC Sets Forth Consumer Privacy Best Practices
NOTEWORTHY
- Employers Feel Backlash for Facebook Snooping
- Financial Institutions and the White House Consumer Privacy Bill of Rights