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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, 1:15 pm
Insurance companies don’t have your best interests as their top priority: they want to make money. [read post]
21 May 2024, 3:00 am
Young and others were sued last year by insurance company Aetna, which alleged they ran sober-living homes in Los Angeles and Orange counties that were “little more than drug dens. [read post]
20 May 2024, 9:05 pm
Menora Mivtachim Insurance Ltd. v. [read post]
20 May 2024, 8:32 am
HB 21 requires a genetic testing company to obtain a consumer’s express consent for the collection, use, and disclosure of the consumer’s genetic data and enumerates specific elements that this express consent must contain, including identifying who may have access to the consumer’s sample and data and obtaining permission to retain the biological sample and genetic data for future testing. [read post]
15 May 2024, 1:19 pm
Is it handling nonpublic personal data about applicants? [read post]
13 May 2024, 5:50 am
I tend to agree with those respondents and think there is a significant likelihood that sophisticated legal consumers like insurance companies and corporate counsel will put pressure on their legal providers to use GenAI to work more efficiently and thus charge more competitive, predictable legal fees. [read post]
10 May 2024, 1:36 pm
We are happy to help folks just like you find the best solution for their personal situation. [read post]
9 May 2024, 4:00 am
[A] corporate insurance broker who has been involved with Republican politics for fifty years told me that many of his friends are “below the radar screen. [read post]
2 May 2024, 5:55 am
Specifically, among other definition changes, the HBNR contains key updates to the definitions of:“Personal health records (‘PHR’) identifiable information. [read post]
30 Apr 2024, 9:40 am
With no meaningful action by company management to change the workplace atmosphere and the discriminatory assignments that followed his complaint, he was ultimately left no alternative but to resign. [read post]
30 Apr 2024, 5:42 am
The company has 60 days to delete all personal data collected without appropriate consent unless it obtains affirmative express consent. [read post]
25 Apr 2024, 5:03 am
It’s crucial to understand these limits, expressed numerically and usually split into three components—per person, per accident, and property damage limits. [read post]
23 Apr 2024, 12:36 pm
Another reason that it is not a regular occurrence for insurers to seek recoupment is that in many instances it may be poor public relations for insurance companies to go around suing the persons they insure and seeking to recover amounts they have already paid. [read post]
22 Apr 2024, 1:11 pm
GPL policies also afford coverage to the individuals appointed by the private equity firm to serve as directors and officers of a portfolio company, though this so-called “outside director” coverage (ODL) is ordinarily provided on a “double excess” basis (i.e., excess of any indemnification and insurance provided by the portfolio company). [read post]
21 Apr 2024, 7:51 pm
A-Ward Ltd, a New Zealand company, sought an interim anti-suit injunction to stop proceedings brought against it by Raw Metal Corp Pty Ltd, an Australian company, in the Federal Court of Australia. [read post]
15 Apr 2024, 9:01 pm
While Custodia is subject to state prudential regulation, it is not FDIC-insured or subject to federal prudential regulation and does not have a holding company subject to Federal Reserve oversight. [read post]
10 Apr 2024, 9:01 pm
Under Section 11(k) of the Federal Deposit Insurance Act, the FDIC has the authority to hold senior executives personally liable for any damages to a failed bank caused by their gross negligence. [read post]
9 Apr 2024, 2:41 pm
Drivers who pay for health insurance out of pocket earn nearly half of that. [read post]
8 Apr 2024, 9:01 pm
In addition to the above-quoted definitions, the EO provides certain clarifications regarding the scope of the forthcoming regulations that may alleviate some concerns as to their breadth: The regulations will not cover transactions that are ordinarily incident to and part of the provision of financial services, including banking, capital markets, and financial insurance services, or required for compliance with any federal statutory or regulatory requirements, including any regulations,… [read post]
