Bill Goddard was quoted in an article "Fed Looks To Tailor Bank-Focused Capital Rules To Insurers," in Law360. In the article, Goddard discusses the fears of some market participants that the Federal Reserve could impose bank-like regulations on the insurance industry. This would pose a challenge to insurers to change their accounting measures in order to report capital in the way that other companies do. Requiring insurance companies to measure their capital in the way that Governor Tarullo described in a speech on May 20th appears to recognize the differences in financial reporting at insurance companies, as well as the differences in their funding structures, Goddard believes. The Fed is researching using "the building block approach" for non-systemic companies that would allow groups to add up the regulatory capital they maintain at each of their operating units in order to give a picture of their total capital levels.
Elizabeth Retersdorf authored an article, "Copyright Registration Ruling Creates Insurance Risks," for Law360.
Day Pitney White Paper
On September 20, Susan Huntington presented during an educational call-in discussion, "Insurance and Coverage Risk Management Approaches to Address the Opioid Crisis," for the American Health Lawyers Association (AHLA).
On March 8, Bill Goddard will be speaking on "Lessons Learned from ERM, ORSA and Corporate Governance: Identifying and Remedying Weaknesses in Your Company's Risk and Capital Frameworks" at the 14th National Forum on Insurance Regulation, a conference presented by the American Conference Institute (ACI) to be held in New York.
On February 9, Bill Goddard will be speaking on a panel, titled "You've Got to Come Back with Me to The Future: An Ethics Discussion," at the 2018 International Association of Insurance Receivers (IAIR) Insurance Resolution Workshop to be held in Scottsdale, Arizona.
David Doot, Steven Cash and James Blackburn, IV authored an article, "Risk and Opportunity with the Industrial Internet of Things," which was published in the July-August 2019 issue of The Journal of Robotics, Artificial Intelligence & Law.
Day Pitney Press Release
Day Pitney partner Chase Rogers, former Chief Justice of the Connecticut Supreme Court, was featured in an article, "Retired Judges Establish Fund To Provide Lawyers For Immigrant Families," published by the Hartford Courant.
Chase T. Rogers, former Chief Justice of the Connecticut Supreme Court, was recognized by the Connecticut Council on Freedom of Information (CCFOI) for bringing greater openness to the state's court system.
On May 15, Chase T. Rogers, former Chief Justice of the Connecticut Supreme Court, received the 2018 John M. Bailey Award for Public Service at the Hartford County Bar Association (HCBA) Annual Meeting, which was held at the Bond Ballroom in Hartford, CT.