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9 Apr 2020, 3:40 pm
The post COVID-19 Daily Insurance Regulatory Updates To Keep You Informed During The Lockdown (April 9th, 2020) appeared first on Insurance & Reinsurance. [read post]
26 Oct 2009, 3:43 am
The SPI regime is conceptually very similar to the special purpose reinsurer regime introduced in the EU by the Reinsurance Directive.The new regulatory frameworkThe Bulletin sets out a broad framework of the BMA's regulatory approach to SPIs. [read post]
30 Apr 2020, 4:21 pm
Insurers maintain the ability to perform retrospective review of such inpatient services when the state of emergency is lifted. [read post]
31 Mar 2020, 4:16 pm
The post Business Interruption Insurance Coverage Litigation Arising from COVID-19 appeared first on Insurance & Reinsurance. [read post]
21 Apr 2020, 4:11 pm
Georgia: On April 20, Governor Kemp issued Executive Order 04.20.20.01, extending limited liability protections given to healthcare workers to Auxiliary Emergency Management Workers. [read post]
29 Apr 2012, 5:31 am
The February 2012 AM Best report confirmed the reported problems finding that: Insured parties have several limitations on their ability to make CBI claims. [read post]
10 Sep 2019, 8:44 am
Fortunately, even if a buyer wishes to convert the target company from a corporation into a limited liability company subsequent to purchase, this can be accomplished under applicable corporate conversion laws without having to re-apply for agency licenses. [read post]
8 Nov 2019, 7:22 am
Contrast Alabama with states such as Connecticut and Georgia that have updated their direct insurance procurement statutes to avoid any potential confusion as to the insured’s home state’s ability to tax all premiums paid for self-procured insurance policy. [read post]
23 Mar 2017, 10:37 am
PHH allegedly referred consumers to mortgage insurers in exchange for reinsurance orders with PHH subsidiaries and reinsurance fees. [read post]
28 Jan 2008, 7:55 am
Risk Factor #5 now includes a new paragraph about single risks that Ambac faces, including this warning: “No single reinsurance counterparty represents more than 15% of the $85.6B in par ceded, except for Assured Guaranty Re Limited to which we have reinsured $34.4B of par. [read post]
23 Mar 2017, 10:37 am
PHH allegedly referred consumers to mortgage insurers in exchange for reinsurance orders with PHH subsidiaries and reinsurance fees. [read post]
8 Apr 2020, 3:55 pm
The Proclamation, states that the Department of Licensing (“DOL”) is currently experiencing difficulty in adequately staffing and supplying various administrative and operational activities, including the ability of the DOL to meet the demand for driver’s license renewal. [read post]
25 Jan 2023, 2:00 am
It may also depend upon the employer’s ability to backfill the employee’s position while the employee is out on sabbatical. [read post]
21 Dec 2020, 11:18 am
Some states do expressly recognize the ability for surplus lines insurers to satisfy commercial automobile financial responsibility requirements. [read post]
13 Aug 2008, 12:40 pm
With respect to the proposed expansion, Praeger noted that regulators have seen “increased competition in the commercial property market, particularly in areas where there are fewer insurance carriers” and that solvency concerns exist regarding the ability of RRGs and RPGs to manage property risks in the event of natural catastrophes. [read post]
11 Feb 2015, 4:30 am
(if implemented globally) enhance the creditworthiness of national governments and their ability to raise revenue. [read post]
6 Aug 2010, 10:17 am
” The office did concede, however, that it would “impose some parameters on our ability to show or share documents with others outside the office. [read post]
3 Dec 2014, 10:41 am
Repealing or tightening the EBSA limited scope audit regulations and finalizing proposed conflict of interest rules are two key recommendations that OIG urges EBSA to adopt to strengthen its ability to fulfill its mission to protect the security of retirement, health, and other private‐sector employer‐sponsored benefit plans for America’s workers, retirees, and their families in the Top Management Challenges Facing the Department of Labor report (Report)… [read post]
23 Apr 2012, 6:39 pm
Imagine a corporate manager who is covered by a single D&O policy with a limit of $1 million. [read post]
What Every InsurTech Entrepreneur Should Know About Convertible Promissory Notes and SAFE Agreements
11 Mar 2019, 2:51 pm
Entrepreneurs should also be aware that Valuation Caps are not really “caps” – they don’t limit the shares that investors receive. [read post]
