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2 Mar 2021, 9:40 am
The matter was eventually appealed to the Federal Circuit, which affirmed the district court’s ruling. [read post]
2 Mar 2021, 6:00 am
The Boy Scouts made this request in court last Monday, following a separate request by insurance companies, who seek “to serve document requests on 1,400 people who have filed sexual abuse claims and to question scores of them under oath” as part of an effort to identify possible fraud. [read post]
1 Mar 2021, 8:45 am
Work with Congressional staff to advance R Street’s research messages and organize events for Capitol Hill staff as well as regulators and legislators federally and at the state level. [read post]
28 Feb 2021, 8:54 am
As I noted in a recent post (here), a recurring public company D&O insurance coverage issue is whether a claim in which a company is involved qualifies as a “Securities Claim. [read post]
26 Feb 2021, 12:30 pm
Other violations include cracks in her driveway and a storm-damaged fence that she fixed as soon as her insurance company processed the claim. [read post]
26 Feb 2021, 7:40 am
On the facts before the court, the insurance/financial planning company’s agent made certain representations to consumers about how certain insurance products and investment vehicles would be funded and grow. [read post]
26 Feb 2021, 7:40 am
On the facts before the court, the insurance/financial planning company’s agent made certain representations to consumers about how certain insurance products and investment vehicles would be funded and grow. [read post]
26 Feb 2021, 7:31 am
Publicly held companies are exempted, as are those operating in heavily regulated industries (such as insurance companies, exchanges or clearing agencies, public accounting firms, 501(c) non-profit organizations, banks and credit unions). [read post]
25 Feb 2021, 9:08 am
Now, the Federal Reserve has flagged some of those same concerns. [read post]
25 Feb 2021, 8:30 am
If you have incurred substantial debt, life insurance sufficient to cover income tax on the cancellation of debt in the case of a federal student loan or to cover the debt itself if a student loan is owed to a private lender or money is owed to a credit card company may be a good solution if you are concerned about the burden your debt could place on your loved ones upon your death. [read post]
25 Feb 2021, 6:05 am
” Under the new measure, a driver is classified as an employee when the company: Sets the driver’s hours Requires the driver to accept specific requests Restricts working for other employees or companies However, the proposition allows the qualifying app-based ride-share and delivery companies to provide partial benefits to their drivers, including a minimum base pay that is higher than the federal minimum wage. [read post]
25 Feb 2021, 6:05 am
” Under the new measure, a driver is classified as an employee when the company: Sets the driver’s hours Requires the driver to accept specific requests Restricts working for other employees or companies However, the proposition allows the qualifying app-based ride-share and delivery companies to provide partial benefits to their drivers, including a minimum base pay that is higher than the federal minimum wage. [read post]
24 Feb 2021, 9:03 pm
The Health Insurance Portability and Accountability Act regulates health data, the Gramm-Leach-Bliley Act regulates financial data, and the Federal Information Security Modernization Act regulates federal government data. [read post]
24 Feb 2021, 2:05 pm
First and foremost, a claim for breach of fiduciary duty is the exact type of claim for which companies buy D&O insurance. [read post]
24 Feb 2021, 6:08 am
Consider applicable laws, such as the FTC Act, the FTC’s Health Breach Notification Rule, the Health Insurance Portability and Accountability Act (HIPAA), the Federal Food, Drug & Cosmetic Act, the COPPA Rule, and the Gramm-Leach-Bliley Act’s Safeguards and Privacy Rules. [read post]
24 Feb 2021, 6:08 am
Consider applicable laws, such as the FTC Act, the FTC’s Health Breach Notification Rule, the Health Insurance Portability and Accountability Act (HIPAA), the Federal Food, Drug & Cosmetic Act, the COPPA Rule, and the Gramm-Leach-Bliley Act’s Safeguards and Privacy Rules. [read post]
23 Feb 2021, 7:05 am
He then warned that the majority’s ruling in Totten “leaves vast sums of federal monies without False Claims Act protection,” because “under the court’s interpretation, the government cannot recover against a contractor that obtains money by presenting a false claim to a federal grantee — even if every penny paid to the contractor comes out of an account comprised wholly of federal funds. [read post]
23 Feb 2021, 5:00 am
.), the court granted a Motion by the Defendant insurance company to bifurcate the Plaintiff’s breach of contract and bad faith claims regarding coverage for injuries in an automobile accident.The court additionally found that trying the breach of contract claim first would result in efficiency and judicial economy. [read post]
22 Feb 2021, 3:03 pm
FLORIDA PENINSULA INSURANCE COMPANY, Appellee. 4th District.Insurance -- Homeowners -- Conditions precedent -- Failure to comply -- Waiver -- Insurer waived its defense that insured failed to comply with conditions precedent where insurer failed to plead non-compliance with specificity as required by rule 1.120(c). [read post]
22 Feb 2021, 2:59 pm
Despite the state and federal mandates, and their own advertising, insurers have not all followed these requirements. [read post]