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26 Mar 2021, 12:38 pm
She sought recovery of damages from multiple parties including the company that employed the driver of the vehicle that had struck her husband’s vehicle, and the driver’s insurance company. [read post]
26 Mar 2021, 11:03 am
Investors are growing concerned about their investments in Para Longevity Funds offered by Marshal Seeman and Eric Holtz through Para Longevity Holdings and their company, Seeman Holtz (a/k/a National Senior Insurance, Inc.). [read post]
26 Mar 2021, 8:28 am
Alleging there was no physical loss or damage to trigger coverage, Federal Insurance Co. sought to dismiss the lawsuit. [read post]
26 Mar 2021, 8:27 am
” Critical elements of that guidance include expectations that insurance companies should “rigorously measure insured risk” and “incentivize the adoption of better cybersecurity measures by pricing policies based on the effectiveness of each insured’s cybersecurity program. [read post]
26 Mar 2021, 7:33 am
The IRS may also use tax liens in cases where a person is delinquent in paying federal income taxes or other types of taxes. [read post]
26 Mar 2021, 2:00 am
After the premiums remained unpaid, the insurer sent the company an October 8, 2018, letter noting that the group health plan was terminated retroactive to October 2, 2018. [read post]
25 Mar 2021, 4:00 pm
If you are in an accident, and your private health insurance company pays your medical bills, a common question asked is whether you need to pay back that money out of your settlement proceeds. [read post]
25 Mar 2021, 2:30 pm
How will insurers assess the risk of underwriting companies facing this dilemma? [read post]
25 Mar 2021, 8:06 am
Federal Reserve’s Digital Dollar Push Worries Wall StreetBloomberg– March 22, 2021 The financial services industry, braced for what could be its biggest disruption in decades, is about to get an early glimpse at the Federal Reserve’s work on a new digital currency. [read post]
25 Mar 2021, 7:50 am
The report provides estimates of how much households in various income groups benefited in 2017 from social insurance programs (such as Social Security and Medicare) as well as means-tested transfer programs (such as Medicaid, SNAP, and Supplemental Security Income), and contrasts these benefits with estimates of how much these households paid in total federal taxes. [read post]
25 Mar 2021, 2:00 am
The federal court granted summary judgment on each of Starkey’s federal charges, including her Age Discrimination in Employment Act (ADEA) claims. [read post]
24 Mar 2021, 2:53 pm
This shift allowed uBiome to bill insurers up to $3,000 per test, making the company attractive to investors. [read post]
24 Mar 2021, 9:54 am
Caesars Entertainment, one of the largest gaming companies in the United States owning more than 50 properties globally, sued more than 36 of its insurers on Monday in US federal court in the District of Nevada. [read post]
24 Mar 2021, 9:06 am
The employee’s company had no corporate affiliation with the underwritten title company. [read post]
24 Mar 2021, 8:16 am
Citing court documents, he stated Greenberg and Akerman had multiple conflicts of interest in this case due to their representation of dozens of insurance companies, some of whom had conflicting issues. [read post]
24 Mar 2021, 7:38 am
Table 2: Largest Individual and Corporate Tax Expenditures, 2020 Individual Tax Expenditures Corporate Tax Expenditures Advanceable and refundable recovery rebate tax credit for eligible individuals for 2020 ($269 billion) Reduced tax rate on active income of controlled foreign corporations ($45.4 billion) Exclusion of employer contributions for health care, health insurance premiums, and long-term care insurance premiums ($169.6 billion) Depreciation of equipment in excess of the… [read post]
23 Mar 2021, 5:17 pm
Although the insurance company attempted to rely on a purported “childcare services exclusion” in the insurance policy in order to avoid the possibility of paying out a wrongful death claim brought by the parents for their children’s drownings, the federal district court found that “non-excluded risks” concurrently and substantially caused the twins’ deaths, thus triggering the insurance company’s duty to… [read post]
23 Mar 2021, 1:13 pm
’s co-founders also engaged in fraudulent conduct such as: Directing employees to provide insurance companies with falsified medical records; Falsely claiming that the company had a strong track record of receiving health insurance reimbursements for its tests; and, Selling their personal shares in the company to outside investors during a “fraudulent fundraising round. [read post]
23 Mar 2021, 10:25 am
Although centered on FDCPA enforcement, the update includes a discussion of a lawsuit filed by the FTC against two companies engaged in small business financing. [read post]
23 Mar 2021, 8:45 am
This includes making sure the driver and the trucking company have the proper license and insurance and are in good standing with the Federal Motor Carrier Safety Administration, which oversees trucking regulations. [read post]
