February 2014           News | Upcoming Programs & CLE | Reports | Get Involved


Insurance Law: The Basics
Monday, February 27
6:00 - 9:00 PM

This popular program on the nuts and bolts of New York insurance law is designed for attorneys who encounter insurance related issues in their practice.

Introductory Estate Planning for Every
Lawyer - Case Studies

March 20
6:00-9:00 PM

This program will introduce the basics of the estate, gift and generation skipping taxes, go over the application of common estate planning techniques and discuss the role of life insurance in estate planning.

Current Issues in Insurance Regulation 2014
Friday, April 11
8:00 AM-1:00 PM

Current Issues in Insurance Regulation features regional and national leaders exploring topical issues of importance to the insurance industry, with opportunities for questions and interaction with the faculty.

Missed a Program? You Can Still Benefit! CLE Programs' CDs, DVDs and other course
materials can be found on the website.


Capital Requirements for Insurers

The Committee on Insurance Law submitted comments to the International Association of Insurance Supervisors (IAIS) in response to its solicitation regarding capital requirements for systemically important global insurers. IAIS is a global standard-setting body for insurance regulation. It reports to the G-20 nations. The Committee's comments are intended to share a U.S. perspective on the BCR proposal, particularly in light of ongoing developments in insurance regulation in this country affecting capital standards, systemic risk and group solvency.

Accounting Standards for Insurers
The Committee on Insurance Law, in a letter to the Federal Reserve System, expressed support for efforts to preserve existing state law based risk-based capital (RBC) and accounting standards for insurers, including those covered by Section 171 (the “Collins Amendment”) of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank). The letter notes that consensus is emerging that state-based RBC and accounting standards should be preserved and not supplanted by Federal standards.

Committee Involvement--It's Never too Late
Committees are how the City Bar’s work gets done. Working on a committee can give you great experience while opening up a number of leadership opportunities and career doors, some you may not even anticipate.

A full list of the City Bar committees along with a brief description of each and an application form can be found on the City Bar’s website. As a number of City Bar committees have more applicants than available slots, please consider applying to more than one committee.

Legislative Affairs
Have an interest in or questions about the City Bar’s legislative work? Send an email to legislation@nycbar.org, visit our website or follow us on Facebook and Twitter.

Updates include recent City Bar reports, news and upcoming programs in a particular practice area and are issued periodically to City Bar members.