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30 Jan 2024, 9:50 am by Kevin LaCroix
Lawyers testifying on corporate governance issues, however, may have their testimony excluded, or at least limited, based on the well-recognized principle that experts cannot testify about legal issues. [read post]
27 Dec 2023, 1:16 pm by Paige Waters, Stephanie O’Neill Macro
DORA has clarified that the applicability of these regulations is limited to individually issued insurance policies and does not apply to group life insurance policies or annuity contracts. [read post]
This essentially means that unless any characteristic will affect a candidate’s or employee’s ability to fulfil their work duties, an individual having such characteristic shall not be treated differently in employment, e.g. not being hired for that characteristic. [read post]
11 Aug 2023, 10:11 am by Cynthia Marcotte Stamer
Many stop-loss policies and other funding arrangements limit or exclude coverage for plan claims not paid with the policy period or, if the policy includes run off coverage, that brief period following the policy year end. [read post]
3 Mar 2023, 5:16 am by Eugenia Lostri, Stephanie Pell
On March 2, the Biden administration released its long-awaited National Cybersecurity Strategy. [read post]
It may also depend upon the employer’s ability to backfill the employee’s position while the employee is out on sabbatical. [read post]
22 Jan 2023, 9:01 pm by renholding
In the interim, many financial institutions have been assessing their ability to comply with the proposed requirements. [read post]
19 Jan 2023, 5:16 am by Daniel Woods
At present, the insurance industry is reluctant to offer large limits because reinsurers are concerned about potential exposure to a variety of cyber catastrophes. [read post]
19 Dec 2022, 7:30 am by Ted Parson
  Terms and conditions for payouts would thus be specified voluntarily in advance, and their size limited by these negotiated terms. [read post]
11 Dec 2022, 1:34 pm by Chip Merlin
Limits the ability for homeowners to receive statutory attorney fees from insurance companies even when an insurance company has been found to have treated a policyholder unfairly by denying, delaying, or underpaying their claim. [read post]
18 Oct 2022, 7:25 am by John Emmanuel
  In a nod to the ability of surplus lines insurers to offer accident and health coverages, the task force deleted the limiting reference of “property and casualty” in the definition of Surplus Lines Insurance in the draft. [read post]
3 Oct 2022, 8:10 am by Zachary Lerner
Some other domiciliary jurisdictions have been known to impose strict gross premiums written to policyholders’ surplus ratio limitations on DSLIs as well. [read post]
27 Jun 2022, 5:55 am by Kurt Bassuener
NATO retains legal responsibility for a “safe and secure environment” in the country, explicit in Dayton – and as “reinsurer” of EUFOR since 2004. [read post]
2 Jun 2022, 1:41 pm by Neil H. Buchanan
  If you give anyone the ability to earn double their usual salary, you should not be surprised when many people take up that option. [read post]
Department of Labor released a proposed rule in October 2021 that was intended to remove barriers to the ability of fiduciaries of plans subject to the Employee Retirement Income Security Act of 1974 (ERISA)  to consider climate and other ESG matters as factors when selecting investments and exercising shareholder rights.[16] PROPOSED REQUIREMENTS HAVING PARTICULAR SIGNIFICANCE FOR FINANCIAL INSTITUTIONS The SEC’s proposed climate disclosure rules consist of new Items 1500-1507… [read post]