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23 May 2024, 8:28 am
This includes salary, bonuses, and commissions. [read post]
23 May 2024, 2:00 am
ATTORNEY NEWSLETTER Complicated Long-Term Insurance Policies Getting Your Money Back Is Costly Commissions, Annual Fees And Low Returns Deferred annuities are contracts where the policy holder makes an upfront premium payment in exchange for an income stream in years to come. [read post]
21 May 2024, 9:01 pm
A legal challenge to the Final Rule has already been filed by an insurance industry trade group in the U.S. [read post]
21 May 2024, 5:13 am
Can an insurer set-off the amount it paid an insured from the commission due to a broker? [read post]
20 May 2024, 8:03 pm
ASIC submitted the Notification Clause was unfair within the meaning of ss 12BF(1)(a) and 12BG(1) of the Australian Securities and Investments Commission Act 2001 (Cth) (ASIC Act) on the basis that it: imposed an unclear disclosure obligation on the insured; suggested that Auto & General had a broader right to refuse or reduce claims than permitted under the ASIC Act; and was liable to mislead or confuse insureds as to their rights and obligations under the… [read post]
20 May 2024, 3:43 pm
The mentioned Rome II Evaluation Study (2021) commissioned by the Commission, summarised on this blog here, assessed Rome II’s applicability to matters pertaining to business and human rights in detail. [read post]
20 May 2024, 3:14 pm
Editor’s Note: The European Commission’s VAT in the Digital Age (ViDA) proposal marks a significant step towards modernizing the VAT systems across the EU. [read post]
20 May 2024, 6:26 am
In the following guest post, Assen Koev argues in favor of a standardization of the initial economic assessment analysis as a way to provide the parties and concerned insurers with a clearer picture of the securities lawsuit at an earlier point in the case. [read post]
17 May 2024, 8:00 am
An analysis published in 2023 in the journal Qualitative Criminology revealed that among three of the largest faith-based insurance companies insurance covering some 160,000 Protestant churches, they received 7,095 insurance claims of sexual abuse by clerical members, church employees, congregation members, and others from 1987 to 2007. [read post]
17 May 2024, 4:43 am
Being a devolved matter, this step requires the Central Government to obtain the approval of a Northern Ireland Department (Roinn i dTuaisceart Éireann) and the Scottish Ministers (Mhinistearan na h-Alba).[31] Furthermore, this approach also implies that there will be no comparable exclusion of insurance matters as under the HCCH 2005 Convention.[32] However, the Responses contemplated making use of the bilateralisation mechanism in relation to the Russian Federation upon its… [read post]
16 May 2024, 9:05 pm
The Federal Energy Regulatory Commission (FERC) released a final rule attempting to improve electric grids to ensure that new renewable energy sources can be used. [read post]
15 May 2024, 1:19 pm
Even if the courts don't agree, the Federal Trade Commission can ride to the rescue. [read post]
15 May 2024, 7:10 am
Can an insurer set-off the amount it paid an insured from the commission due to a broker? [read post]
15 May 2024, 6:02 am
If the insurer and company reach a settlement in the amount of the sum insured or if the court awards the amount in a judgment, the D&O insurer will pay compensation less the costs already incurred. [read post]
14 May 2024, 1:52 pm
When speaking to police or insurance companies, stick to the facts – what you saw, heard, or felt. [read post]
14 May 2024, 3:00 am
As the number of batteries grows, “so does the urgency to address safety,” a report commissioned by the California Public Utilities Commission said. [read post]
13 May 2024, 9:05 pm
Delay undercuts the ability of the banking regulator or insurer to protect its financial interest and can result in significant losses for the regulators. [read post]
13 May 2024, 8:58 pm
In addition, any person who will directly or indirectly hold more than 10 per cent. of the total issued shares in the virtual bank (Significant Shareholder) must possess certain qualifications, including (but not limited to): a good corporate governance framework and reputation; good operational performance and a stable financial status; no history of being accused, charged, or subject to lawsuits related to fraud or corruption by any authority such as the BOT, the Securities and Exchange… [read post]
13 May 2024, 2:41 pm
You may file a complaint with the Consumer Financial Protection Bureau at this website here: https://www.consumerfinance.gov/complaint/ The Federal Trade Commission also enforces the FDCPA. [read post]
12 May 2024, 9:01 pm
On April 22, 2024, the Tennessee Governor signed into law House Bill 2100 (“TN HB 2100”), a fair access law that will, effective July 1, 2024, apply to, among others, national banks and state banks with more than $100 billion in assets, as well as insurers. [read post]
