Insurance Regulatory
Stites & Harbison is well equipped to advise insurers and the insured on a complete range of coverage, regulatory and alleged "bad faith" issues. The firm's attorneys include a former general counsel and director of market conduct and enforcement for a state insurance department.
Our firm is at the forefront of defending insurance companies in class actions by policyholders alleging unfair business practices.
Some of our recent experience includes defending a national insurer in a class action pending in Seattle, and defending another carrier in high-profile coverage and bad faith litigation arising from a deadly school shooting in Paducah, Ky.
We also have extensive experience representing insurers in regulatory litigation. We assist clients in rehabilitation, liquidation, and other wind-up of affairs; market conduct and financial examinations; rate and form filings; consumer complaints, mergers and bulk reinsurance transactions; holding company act filings; re-domestications and numerous other regulatory matters. Our clients include major insurers in all lines, individual agents, and both local and national brokerage firms, premium finance companies, TPAs, health maintenance organizations, and dental service companies.
FTC Non-Competition Final Rule Update
On July 3, 2024, a Texas federal Northern District Court granted a preliminary injunction to the Plaintiff and the four Intervening Plaintiffs in the matter of Ryan v. Federal Trade Commission. The preliminary injunction enjoins the Federal Trade Commission’s (“FTC”) Final Rule prohibiting non-competition agreements from being implemented and enforced as to the Plaintiff and Intervening Plaintiffs only. In addition, the Court enjoined the effective date of the Final Rule, again limiting the injunction to the Plaintiff and Intervening Plaintiffs only. Employment attorney Shannon Hamilton takes a look at the update in this Stites & Harbison Client
Department of Labor Overtime Rule Becomes Effective!
The Department of Labor’s (“DOL”) Final Rule increasing the salary level for exempt positions and increasing the number of employees eligible for overtime goes into effect today, July 1, 2024, for all 50 states, with the exception of the state of Texas as an employer. The Overtime Rule does apply to private employers in Texas. Employment attorney Shannon Hamilton takes a look at what that means to employers in this Stites & Harbison Client
News of the Death of Workers’ Jobs at the Virtual Hands of AI is Greatly Exaggerated
Artificial Intelligence (AI) is being touted as having the potential to save humanity or destroy it. On the saving side there is the possibility for drug discoveries, disease (e.g. cancer) diagnosis for early detection and cure, and energy discovery and efficiency. Stephen Weyer takes a look at the world AI in this Stites & Harbison Client
Stites & Harbison Ranks in Top 20 on 2024 "Best Place to Work in Kentucky" List
Stites & Harbison, PLLC ranks in the Top 20 “Best Places to Work in Kentucky” for 2024 in the medium company category. The firm has made the list 18 times — 10 of those in the Top 10.
Checking in on the Status of the Fair Labor Standards Act Exempt Salary Threshold Increase
It is a little under two weeks until the July 1, 2024, effective date for the U.S. Department of Labor’s Final Rule (the “Final Rule”) raising the minimum salary level requirement for exempt white-collar employees to $43,888 annually. Now is the time to check in on the status of any legal challenges which might effect that deadline and employment attorney Shannon Hamilton takes a look at those challenges in this Stites & Harbison Client
The Cost of Third- Party Data Breaches: How to Avoid a Financial Disaster
Time: 12:00 p.m. - 1:30 p.m.
Webinar
Chad McTighe and Sarah Spurlock will be the speakers for The Knowledge Group's Webinar on June 14, 2024 discussing the costs associated with unforeseen security risks.
FTC Issues Final Rule Banning Non-Compete Agreements; Legal Challenges Have Already Begun
On April 23, 2024, the FTC issued its final rule banning employers’ use of non-compete agreements. The rule is broad, applying nationwide and to all non-compete agreements, with a few narrow exceptions. The ban has not gone into effect—it’s scheduled to go into effect 120 days after being published in the Federal Register—and legal challenges have already been filed. Robin McGuffin and Zac Losey take a look at the new rule in this Stites & Harbison Client Alert.
Data Security and Privacy Symposium
Time: 8:00 a.m. - 4:30 p.m.
State Bar of Georgia Conference Center, 104 Marietta Street NW, Atlanta, GA 30303
Attorneys Shannon Sprinkle and Matt Gass will be moderating and participating on a panel focused on Litigation Trends in Privacy and Data Protection on April 17, 2024 presented by the Atlanta Bar Association.
Betsy Johnson Elected to Kentucky Nonprofit Network Board
LEXINGTON, Ky.—Kentucky Nonprofit Network (KNN) recently elected Stites & Harbison, PLLC attorney Elizabeth “Betsy” Johnson to the organization’s Board of Directors. She will serve a three-year term.
Kentucky Super Lawyers® Honors 49 Stites & Harbison Attorneys for 2024
LOUISVILLE, Ky.—The 2024 edition of Kentucky Super Lawyers® recently honored 49 Stites & Harbison, PLLC attorneys in the Covington, Frankfort, Lexington and Louisville, Ky., offices. The publication named 35 attorneys to the Super Lawyers® list and 14 attorneys to the Rising Stars® list.
Elizabeth Ann "Betsy" Johnson Returns to Stites & Harbison in Lexington, KY
LEXINGTON, Ky.—Stites & Harbison, PLLC is pleased to announce that attorney Elizabeth “Betsy” Johnson has returned to the firm’s Lexington, Ky., office. She is a Member (Partner) in the Health Care Service Group.
Kentucky Now Allows Persons Age 70 and Over To Opt Out of Jury Service
In March 2023, Kentucky enacted KRS 29A.080, a new law that allows persons 70 and older to voluntarily opt out of jury service. Attorneys Ashley Ward and Kyle Schroader take a look at that new law in this Stites & Harbison Client Alert.
Stites & Harbison Earns 88 Rankings in 2024 Best Law Firms®
LOUISVILLE, Ky.—Stites & Harbison, PLLC has been ranked in the 2024 edition of Best Law Firms®. The firm’s National Tier 1 rankings include: Litigation – Construction, Litigation – Real Estate, and Trademark Law.
Stites & Harbison Signature Event
Time: 5:30 p.m. - 8:30 p.m.
Rupp Arena at Central Bank Center, 430 West Vine Street, Lexington, KY 40507
Join Stites & Harbison for this Signature Event in Lexington for a special evening at Rupp Arena.
Corporate Counsel Recognizes Marjorie A. Farris with 2023 Women, Influence & Power in Law Award – Managing Partner of the Year
LOUISVILLE, Ky.—Corporate Counsel has honored Stites & Harbison, PLLC Chair Marjorie A. Farris as a “Managing Partner of the Year” in its 2023 Women, Influence & Power in Law (WIPL) Awards. She is one of six women honored in this category across the country.
Stites & Harbison, PLLC Lawyers Named to 2024 Best Lawyers® Publications
LOUISVILLE, Ky.—Stites & Harbison, PLLC is pleased to announce that 101 of its lawyers are included in the 2024 edition of The Best Lawyers in America®.
“To Text or Not to Text…” Challenges to Defending Employment Matters Involving Text Messages
Time: 12:00 p.m. - 1:40 p.m.
WEBINAR
Employment attorney Shannon Hamilton challenges an employer may face when defending an employment matter that involves text messaging as evidence along with other matters in this myLawCLE webinar.
Reevaluating Your Company’s Compliance Program
The United States Department of Justice’s Criminal Division (“Division”) announced a new program—called the Compensation Incentives and Clawbacks Pilot Program (“program”)—that will shift the burden of corporate financial penalties away from shareholders and onto culpable corporate employees.
Kelly White Bryant Promoted to Chair of Stites & Harbison’s Health Care Service Group
LOUISVILLE, Ky.—Stites & Harbison, PLLC is pleased to announce that attorney K. Kelly White Bryant has been promoted to Chair of the firm’s Health Care Service Group.