-
Jan 15, 2025 | 
leadersedge.com | Scott Sinder |Kate Jensen |Chris Schneidmiller
But, of course, a lot of our industry’s fate lies with the states. Unlike their federal counterparts, state policymakers can move fast and often without cross-party compromises. This makes the state policy arena more interesting, sometimes more productive, but always riskier. What might the states throw at us in 2025? First, let’s level set on the political landscape. And “level” might be just the word for it.
-
Dec 2, 2024 | 
leadersedge.com | Scott Sinder |Kate Jensen |Joseph D. Puglisi
One area of continuing frustration for Council members that we hope to address next year is the confusion and inefficiency that remain prevalent in states’ insurance producer licensing. Multiple measures in the last 30 years helped drive states toward licensing uniformity.
-
Nov 28, 2024 | 
mondaq.com | Scott Sinder |Daniel S. Blynn
One of the plaintiffs' class action bar's
favorite play toys is the federal Telephone Consumer Protection Act
of 1991(TCPA), which imposes a host of requirements and constraints
on telephone calls and text messages made on behalf of a business
both to other businesses and to consumers.
Plaintiffs are entitled to receive $500 to $1,500 in statutory
damages for each call placed in a manner that violates any of the
Act's requirements.
-
Oct 31, 2024 | 
leadersedge.com | Scott Sinder |Daniel S. Blynn |Zach Ewell
Plaintiffs are entitled to receive $500 to $1,500 in statutory damages for each call placed in a manner that violates any of the Act’s requirements. Those damages can be aggregated across a class and the Act does not cap the amount a defendant must pay for TCPA violations in any way. Presumably for that reason, recent TCPA class action settlements have averaged almost $7 million per case, according to a September 2024 CRC Group report.
-
Aug 29, 2024 | 
leadersedge.com | Scott Sinder |Shannen W. Coffin |Zach West
Over the last few decades, a wide array of politically appointed federal agency officials from both sides of the political divide have responded to congressional paralysis by increasingly extending and reinterpreting the scope of their regulatory authority in order to effectuate a wide range of public policy objectives.
-
Aug 29, 2024 | leadersedge.com | Scott Sinder |Shannen W. Coffin |Zach West
Over the last few decades, a wide array of politically appointed federal agency officials from both sides of the political divide have responded to congressional paralysis by increasingly extending and reinterpreting the scope of their regulatory authority in order to effectuate a wide range of public policy objectives.
-
May 26, 2024 | 
leadersedge.com | Scott Sinder |Chris Schneidmiller
The rule is scheduled to go into effect on Sept. 4 of this year. Before parsing the details of the rule, two caveats are essential. First, the rule is going to be struck down. It will in all likelihood never even go into effect. The first lawsuit challenging the rule, from Texas tax services firm Ryan LLC, was filed on the day it was issued; the U.S. Chamber of Commerce filed its lawsuit against the rule the following day.
-
Apr 30, 2024 | 
leadersedge.com | Scott Sinder |Zach West
Years in the making, the disclosures are intended to provide public information on how companies are being financially impacted by climate-related risks and how they are addressing the risks, according to the SEC. The rules were scheduled to take effect on May 28. Within a few hours of their release, 10 state attorneys general filed the first challenge to the final rules in the U.S. Court of Appeals for the 11th Circuit.
-
Apr 1, 2024 | 
leadersedge.com | Scott Sinder |Zach West
Last month, a class action lawsuit was filed against drugmaker Johnson & Johnson and its benefit plan committee in the United States District Court for the District of New Jersey.
-
Jan 24, 2024 | 
leadersedge.com | Scott Sinder |Zach Ewell
The proposed rule would require agents and advisors selling such products to act in the “best interests” of their clients, a standard to which they already are subject under the NAIC’s model annuities sales act (which has been adopted by 41 states to date) and the SEC’s “best interest rule.” DOL’s proposed rule also would require agents and advisors selling retirement investment products to inform customers that they are “fiduciaries” (thus creating private rights of action under state law...
