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5 Sep 2018, 3:48 am
In a decision by the Appellate Division’s First Department, the Court... [read post]
26 Aug 2018, 3:51 pm
Superintendent Vullo's Guidance Letter to insurance companies, for instance, states: "[T]he Department encourages its insurers to continue evaluating and managing their risks, including reputational risks, that may arise from their dealings with the NRA or similar gun promotion organizations, if any, as well as continued assessment of compliance with their own codes of social responsibility. [read post]
22 Aug 2018, 4:00 am
(Commissioner of Labor), 2018 NY Slip Op 05644, Appellate Division, Third DepartmentNew York State Sheriffs' Association, Inc. [read post]
3 Aug 2018, 11:55 am
The secretary of state also reviews names, even if they are otherwise available, to ensure they do not have prohibited words in the name, such as “bank” (requiring bank commissioner pre-approval), “insurance” (requiring approval of a state’s department of insurance) or offensive or misleading language. [read post]
3 Aug 2018, 11:21 am
Allstate Insurance, 2018 NY Slip Op 05392 (3d Dept. 2018), that there was a question of fact as to whether a Homeowner’s Insurer acted in bad faith when it disclaimed coverage after an appraisal determined the damages suffered in the loss. [read post]
3 Aug 2018, 4:00 am
andChallenging Adverse Personnel Decisions2An e-book focusing on appealing penalties imposed following disciplinary action, adverse performance ratings, probationary terminations and the denial of unemployment insurance benefits initiated by officers and employees of New York State as an employer and its political subdivisions. [read post]
30 Jul 2018, 7:48 am
What not to do and how not to do it After practicing law for almost twenty years, Matt Dorsey of our Trusts and Estates Department has heard and seen a lot of misinformation about estate planning. [read post]
23 Jul 2018, 1:02 pm
For example, effective August 08, 2015, the New York State Department of Financial Services established a regulatory framework that any virtual currency businesses would need to abide by and get licensed under (the NY “Bitlicense,” 23 N.Y.C.R.R. [read post]
16 Jul 2018, 7:16 am
But NY Regulation 74 indicates that any depiction of non-guaranteed elements to be an illustration. [read post]
13 Jul 2018, 10:37 pm
(R-TX), would provide individuals receiving subsidies to help purchase health care coverage through the Obamacare-created health insurance exchange the option to use their premium tax credit to purchase health care coverage from qualified plans offered outside of the exchanges. [read post]
12 Jul 2018, 12:32 pm
The New York Department of Financial Services (NYDFS) has issued an Online Lending Report that calls for the application of New York usury limits to all online lending and increased regulation of online lenders making loans to New York consumers and small businesses. [read post]
14 Jun 2018, 5:07 pm
In this case, a Complaint was issued on January 13, 2006, by Kevin Shea, Administrator of the Animal and Plant Health Inspection Service (APHIS) of the United States Department of Agriculture to “Respondents, Daniel J. [read post]
11 Jun 2018, 2:44 am
Unlike Fed-insured banks and SEC registered broker-dealers, cryptocurrency platforms and operators might not abide by a rigorous regime of cybersecurity rules and requirements, and likely lack not only appropriate cybersecurity practices, policies and procedures, but also skilled data security personnel and hardened cyber-infrastructure. [read post]
1 Jun 2018, 5:01 am
If it’s too hard, apply to the fire department. [read post]
31 May 2018, 5:48 pm
In those cases, the benefits under the workers’ compensation insurance act were so limited that creative products liability litigation emerged. [read post]
29 May 2018, 7:22 am
Under Acting Comptroller Keith Noreika’s leadership, the OCC defended its authority to grant an SPNB charter to a nondepository company in the lawsuits filed by the NY Department of Financial Services and the Conference of State Bank Supervisors (both of which were dismissed). [read post]
28 May 2018, 6:00 am
The final budget contained a provision directing the Workers’ Compensation Board (WCB) to put together a task force with input from labor, the insurance industry, medical providers, and the NYS Business Council to revise impairment guidelines to reflect “advances in modern medicine that enhance hearings and result in better outcomes”. [read post]
24 May 2018, 10:18 am
Supreme Court granted the motion in part, dismissing the City’s breach of contract and negligence claims (2013 NY Slip Op 34183[U] [2013]). [read post]
24 May 2018, 3:30 am
--Commr. of Labor), 2018 NY Slip Op 03576, Appellate Division, Third DepartmentGuidelines applied by the NYS Department of Labor in determining if a claimant was entitled to receive unemployment insurance benefits include:1. [read post]
23 May 2018, 9:15 pm
Andrew Cuomo has “directed the Department of Financial Services to urge insurance companies, New York State-chartered banks, and other financial services companies licensed in New York to review any relationships they may have with the National Rifle Association and other similar organizations. [read post]
