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Generally speaking, UI is a joint state–federal program that provides cash benefits to eligible workers. [read post]
24 Mar 2020, 3:32 pm by Stewart Baker
Nick talks about the ambiguity of the cyberattack on Norsk Hydro, and I raise the risk that companies may stop releasing attribution information pointing to nation states because doing so may undercut their insurance claims. [read post]
24 Mar 2020, 1:51 pm by Kevin LaCroix
”  In other words, no invested reserves, no profits for insurance companies. [read post]
24 Mar 2020, 12:56 pm by vforberger
Mitchell has suggested one way to avoid the administrative bottlenecks in Britain: channel the benefits to workers through payroll processing companies. [read post]
24 Mar 2020, 12:30 pm by James Kim and Scott A. Coleman
The FDIC has issued a proposed rule setting forth the conditions it would impose and the commitments it would require to approve a deposit insurance application from an industrial bank or industrial loan company (collectively, ILC) whose parent company is not subject to consolidated supervision by the Federal Reserve Board (FRB). [read post]
24 Mar 2020, 10:42 am by Adam Levitin
  It will take the federal money, lay off workers (who will get taxpayer funded unemployment insurance), and then increase executive compensation or pay dividends to shareholders with a cheap government loan. [read post]
  The Exchanges provide a special enrollment period to allow consumers another opportunity to enroll in private health insurance and the government would compensate companies experiencing steep losses as a result of the pandemic. [read post]
In the Circular, BaFin sets out how it intends to interpret and apply the governance requirements under the German Insurance Supervision Act (Versicherungsaufsichtsgesetz) in the case of small insurance companies. [read post]
23 Mar 2020, 10:30 pm by Chris Castle
 We need to make it very clear to cities that they can’t hide behind the federal government all the time in dealing with this crisis. [read post]
23 Mar 2020, 3:01 pm by Stewart Baker
Nick talks about the ambiguity of the cyberattack on Norsk Hydro, and I raise the risk that companies may stop releasing attribution information pointing to nation states because doing so may undercut their insurance claims. [read post]
  This article does not address other the potential impacts of the numerous other local, state and federal orders that have been issued in response to the COVID-19 pandemic, including, without limitation, potential liability should an employee become ill, requirements regarding family leave, sick pay and other issues. [read post]
23 Mar 2020, 1:42 pm
In response, executives of the four groups, the American Property Casualty Insurance Association, National Association of Mutual Insurance Companies, Independent Insurance Agents, and Brokers of America, and Council of Insurance Agents and Brokers, sent a joint letter to Rep. [read post]
23 Mar 2020, 1:42 pm
In response, executives of the four groups, the American Property Casualty Insurance Association, National Association of Mutual Insurance Companies, Independent Insurance Agents, and Brokers of America, and Council of Insurance Agents and Brokers, sent a joint letter to Rep. [read post]
  In addition, on the same day HUD announced that it would also suspend evictions and foreclosures for homeowners with FHA-insured mortgages for the next 60 days. [read post]
23 Mar 2020, 1:28 pm by Michael Cook
As an example, in 2014 the Federal Bureau of Investigation had a “takedown” of more than twenty individuals and agencies for Medicaid fraud in the District of Columbia. [read post]