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26 Oct 2004, 1:51 pm
[JURIST] In Tuesday's corporations and securities law news, Marsh & McLennan Cos., the large insurance broker currently under investigation by New York Attorney General Eliot Spitzer, has announced that the company will reform its business practices and stop accepting fees that Spitzer complained amounted to bid-rigging. [read post]
14 Feb 2005, 4:37 am
[JURIST] Leading Monday's corporations and securities law news, insurance giant American International Group (AIG) [corporate website] announced it has received subpoenas from New York Attorney General Eliot Spitzer [official website] and the SEC [official website] "relating to investigations of nontraditional insurance products and certain assumed reinsurance transactions and AIG's accounting [read post]
31 Jan 2005, 1:20 pm
[JURIST] Leading Monday's corporations and securities law news, Marsh & McLennan Cos. [read post]
2 Jul 2019, 2:47 pm
The New York State legislature or the New York City Council may address New York City’s conformity in a later legislative session. 1The new law provides a similar 95% GILTI exemption for life insurance companies under the Article 33 Insurance Corporation Franchise Tax. [read post]
2 Mar 2017, 8:27 am
The difference in this situation is that the Archdiocese of New York is a Religious Corporation, and, as such, is subject to the New York Religious Corporations Law. [read post]
19 Jun 2019, 7:26 am
The post Locke Lord QuickStudy: Excess Lines Association of New York Publishes Guidance on New York Group P&C Policies appeared first on Insurance & Reinsurance. [read post]
23 Feb 2021, 6:58 am
” On February 4, 2021, the New York Department of Financial Services (“DFS”), which regulates the business of insurance in New York, has issued guidelines, in the Insurance Circular Letter No. 2 (2021) regarding “Cyber Insurance Risk Framework” (the “Guidelines”), calling on insurers to take more stringent measures in underwriting cyber risks. [read post]
6 Feb 2008, 11:27 pm
In short, if you are a licensed professional in New York State, through the New York State Department of Education, (e.g., doctor, architect, etc.) and you with to open an entity to do business, then you must establish a professional variant of the standard LLC or corporation (hence P in PLLC or the P in P.C.). [read post]
13 Nov 2023, 10:58 am
New York Fines A.G.I.A. $190,000 for Affinity Group BusinessThe New York Department of Financial Services (NYSDFS) entered into a Consent Order with A.G.I.A., Inc. on November 3, 2023, for violations related to multiple aspects of the Company’s affinity group life as well as group accident and health insurance business. [read post]
20 Jul 2012, 6:27 am
The Killian Firm, P.C, a New Jersey and New York insurance firm, has launched an Essentials web site. [read post]
17 Jan 2012, 5:33 pm
Under a new corporate guarantee for New York structured settlements announced January 17, 2012, AGC Life Insurance Company will guarantee the obligations owed to structured settlement claimants under... [read post]
15 Sep 2005, 11:58 am
[JURIST] New York Attorney General Eliot Spitzer [official website] and State Insurance Superintendent Howard Mills [official website] Thursday said that eight former senior executives of Marsh & McLennan [corporate website] had been indicted [PDF] for bids given "under false pretenses. [read post]
25 Jul 2022, 8:29 am
Furthermore, New York domestic insurers will need to consider the guidance described above when preparing their submissions. [read post]
14 Oct 2004, 8:04 am
In Thursday's corporations and securities law news, in his first prosecution of the insurance industry, New York Attorney General Eliot Spitzer today sued Marsh & McLennan Cos., the world's largest insurance brokerage, for steering clients to certain insurers which resulted in lucrative payoffs for the broker. [read post]
24 May 2007, 11:37 am
[JURIST] New York Gov. [read post]
17 Aug 2009, 7:00 am
He is a member of the New York and New Jersey state bar associations, has served on the New York City Economic Development Corporation and is an active participant in his community. [read post]
11 Apr 2005, 5:34 am
[JURIST] Leading Monday's corporations and securities law news, Warren Buffett [Wikipedia profile] is set to appear before the SEC, New York Attorney General Eliot Spitzer [official website] and the US Department of Justice [official website] to answer questions related to the investigation of insurance giant American International Group (AIG) [corporate website]. [read post]
13 Jan 2011, 9:11 pm
New York auto policies issued, renewed, modified, altered or amended on or after January 26, 2011 must contain this new exception to the mandatory PIP endorsement's optional intoxication exclusion. [read post]
16 Apr 2012, 3:22 pm
The respondent in the case is the New York State Insurance Fund. [read post]
13 Aug 2018, 7:56 am
A New York district court has held that an insurer must provide coverage under three excess insurance policies issued in 1970 for defense and cleanup costs incurred by Olin Corporation in remediating environmental contamination at seven sites in Connecticut, Washington, Maryland, Illinois, New York, and Washington. [read post]
