News

Law360 Features Insurance Regulatory Chair Kim Yelkin

01.01.13

Law360 featured Austin Partner Kim Yelkin, chair of Gardere's Insurance Regulatory Practice, in the article "Insurance Regulation And Legislation To Watch In 2013." An excerpt can be viewed below.

Insurance Regulation And Legislation To Watch In 2013

While insurers will keep a sharp eye on how federal regulators implement Dodd-Frank rules in 2013, they will also fight for a reauthorization of a federal backstop for terrorism insurance and closely watch policy proposals for tackling catastrophes in the wake of Hurricane Sandy.

...

The Fed has already proposed rules based on the Basel III bank capital standards. Those rules could be applied to depository institution holding companies with insurer affiliates or to nonbank SIFIs.

But the insurance industry — as well as Kevin McCarty, the NAIC's president — have urged regulators not to impose bank-centric regulations on insurers.

Kimberly Yelkin, head of government affairs practice group at Gardere Wynne Sewell LLP, said the insurance industry will try to lobby Congress to amend the massive U.S. financial system overhaul to make it clear that these Dodd-Frank provisions were not geared toward insurers.

"You will see most of the attention of the insurance industry focused on the implementation of these rules and possibly going back and trying to amend Dodd-Frank," Yelkin said. "They would have support."

The publications contained in this site do not constitute legal advice. Legal advice can only be given with knowledge of the client's specific facts. By putting these publications on our website we do not intend to create a lawyer-client relationship with the user. Materials may not reflect the most current legal developments, verdicts or settlements. This information should in no way be taken as an indication of future results.

Search Tips:

You may use the wildcard symbol (*) as a root expander.  A search for "anti*" will find not only "anti", but also "anti-trust", "antique", etc.

Entering two terms together in a search field will behave as though an "OR" is being used.  For example, entering "Antique Motorcars" as a Client Name search will find results with either word in the Client Name.

Operators

AND and OR may be used in a search.  Note: they must be capitalized, e.g., "Project AND Finance." 

The + and - sign operators may be used.  The + sign indicates that the term immediately following is required, while the - sign indicates to omit results that contain that term. E.g., "+real -estate" says results must have "real" but not "estate".

To perform an exact phrase search, surround your search phrase with quotation marks.  For example, "Project Finance".

Searches are not case sensitive.

back to top