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24 Oct 2022, 7:37 am
And while companies often turn to their insurance to recover their resulting loss, insurance companies are largely denying coverage for wire fraud transactions arguing that certain actions – whether it’s the insured’s employee or fraudulent instructions from a bad actor that may not exactly fit the policy requirements – break the causal chain between the bad actor’s use of the computer and the insured’s loss. [read post]
24 Oct 2022, 5:14 am
The claim arose out of two articles published by the Insurance Times on its website which a personal injury law firm, Bond Turner, and a post-accident assistance vehicle company, Direct Accident Management Limited, alleged to be defamatory. [read post]
24 Oct 2022, 5:03 am
There are often multiple defendants- even more than just driver and employer- and multiple insurance companies and defense counsels involved. [read post]
23 Oct 2022, 7:37 pm
At the time, the company had a d [read post]
23 Oct 2022, 11:56 am
But the federal government has pushed off regulation responsibility to the states – leaving a lot of open questions and hesitation on everything from security to labeling requirements to banking to insurance. [read post]
23 Oct 2022, 7:01 am
They added: "The notice requirement is not an escape hatch for insurance companies to avoid liability to policyholders due to technical noncompliance. [read post]
22 Oct 2022, 6:14 am
Meridian Security Insurance Company. [read post]
21 Oct 2022, 11:33 am
So too is the Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency, the Federal Housing Finance Agency, the National Credit Union Administration, the Farm Credit Administration, the Farm Credit Insurance Corporation, the Bureau of Engraving and Printing, the Public Company Accounting Oversight Board, and Federal Prison Industries, Inc. [read post]
21 Oct 2022, 10:35 am
Insurance holders are shielded by Nevada law against insurance companies acting in bad faith. [read post]
21 Oct 2022, 7:38 am
Both state and federal statutes address wage and hour violations, but these protections only apply to “employees. [read post]
20 Oct 2022, 1:04 pm
Federal Court review. [read post]
20 Oct 2022, 12:46 pm
In 1962, the painting was insured for $100 million. [read post]
20 Oct 2022, 9:24 am
Department of Labor for all parties involved in those claims, including injured workers, their employers, and insurance carriers. [read post]
19 Oct 2022, 2:14 pm
Likewise, the concurrence says that the FDIC's mission is narrower because it merely insures deposits and examine insured banks—but that's not accurate. [read post]
19 Oct 2022, 11:51 am
Section 7.215 requires the ultimate controlling person of an insurer in an insurance holding company system, for which Texas is the lead state, to annually file a group capital calculation if the insurance holding company system is either (1) subject to a covered agreement defined by Texas Insurance Code Chapter 493, Subchapter C, or (2) is required by the United States Federal Reserve Board to perform a group capital assessment and the… [read post]
19 Oct 2022, 6:27 am
Kandis represents relators in high stakes qui tam actions filed under the federal and state False Claims Acts relating to fraud on government healthcare payors such as Medicare, Medicaid, Department of Defense TRICARE, State Children’s Health Insurance Program, Veterans Health Administration, and the Indian Health Service program. [read post]
17 Oct 2022, 10:35 am
In July of this year, the Office of the Superintendent of Financial Institutions (OSFI) released the final version of its Guideline B-13 (the Guideline), setting out technology and cyber risk management expectations for all federally regulated financial institutions (FRFIs), such as banks, insurance and trust companies. [read post]
17 Oct 2022, 7:43 am
In that case, Vermont Mutual Insurance Company v. [read post]
17 Oct 2022, 6:44 am
This payroll tax—like those for Social Security taxes at the federal level and unemployment insurance taxes at the state level—has a taxable wage limit, consistent with its design as an insurance program with capped benefits. [read post]
17 Oct 2022, 6:39 am
Lawyers who sue insurance companies need to understand the various legal ways cases end up in State Court or Federal Court. [read post]
