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The changes which took effect from 6 October 2020 are predominantly to provide clarification as follows: When the customer is the beneficiary of a life insurance policy, the new obligations elaborate that firms must “consider the nature and identity of the beneficiary of the policy when assessing whether there is a high risk of money laundering or terrorist financing” and then use this to determine the nature of controls to be put in place to manage and mitigate the… [read post]
13 Nov 2020, 1:05 am by Tessa Shepperson
”  RebuildCostASSESSMENT, an insurance valuation provider estimates privately rented homes in Britain could be under-insured by £315 billion. [read post]
12 Nov 2020, 8:18 pm by Josh Blackman
[He talked about COVID and Religious Liberty, the Second Amendment, Free Speech, and "Bullying" of the Supreme Court by U.S. [read post]
12 Nov 2020, 3:54 pm by Josh Blackman
For example, Plaintiff Neill Hurley stated, "The ACA prevents me from obtaining care from my preferred health care providers and has greatly increased my health insurance costs. [read post]
12 Nov 2020, 12:03 pm by Donald Dinnie
The court held that the trends clause (which provided for an adjustment of cover for the trends of the business had the incident not occurred) was applicable to the non-damage loss but the insured peril (which is business interruption loss caused by COVID-19) and the government response had to be taken out of the adjustment calculation. [read post]
12 Nov 2020, 8:13 am by Jean O'Grady
Free To Bar Associations The COVID-19 Case Alert will be provided as a free benefit to all members of Fastcase bar association partners. [read post]
12 Nov 2020, 6:48 am by CMS
The Supreme Court dismissed the appeal by a 3:2 majority, with Lord Hamblen and Lord Leggatt giving the leading judgment (with whom Lord Kerr agreed) and Lord Burrows and Lord Sales each giving dissenting judgments. [read post]
12 Nov 2020, 6:24 am by Alan S. Kaplinsky
Funds are disbursed into the consumer’s deposit account with the institution within 3 to 5 business days after approval. [read post]
12 Nov 2020, 5:45 am by Jennifer Brand
  Alerts are organized by topic, including Business Law, Consumer Rights, Labor and Employment, Insurance, Legislative Relief, Medical Malpractice and Wrongful Death. [read post]
12 Nov 2020, 4:34 am by China Law Blog
Harris Bricken is no exception, and we are happy to provide this podcast series: Global Law and Business, hosted by international attorneys Fred Rocafort and Jonathan Bench. [read post]
The roadmap presents a coordinated strategy for seven categories of organisation: listed commercial companies, UK-registered companies, banks and building societies, insurance companies, asset managers, life insurers and FCA-regulated pension schemes and occupational pension schemes. [read post]
11 Nov 2020, 5:09 pm by Brian Casillas
On November 3, 2020, California voters passed Proposition 22, an exemption from AB5 for app-based drivers and couriers who use personal vehicles/transportation to provide on-demand services. [read post]
11 Nov 2020, 6:24 am by Rob Robinson
  Smarsh manages over 3 billion messages daily across email, social media, mobile/text messaging, instant messaging and collaboration, web, and voice channels. [read post]
10 Nov 2020, 8:55 pm by Daniel Nevzat (UK)
The FCA will also consult in the first half of 2021 on extending the scope of these rules and on introducing TCFD obligations for asset managers, life insurers and pension providers. [read post]
10 Nov 2020, 1:21 pm by Steven M. Gursten
The amount is based upon the injury and the assistance required, and is either litigated or voluntarily agreed upon by the insurance company and the provider. [read post]
10 Nov 2020, 11:46 am by Josh Blackman
Did NFIB hold that the ACA provides people with a lawful "choice" to purchase insurance or pay a tax? [read post]
9 Nov 2020, 9:01 pm by Michael C. Dorf
Five Justices in 2012 thought that Congress lacked the authority to impose a purchase mandate under its power to regulate interstate commerce, but a different five Justices (with Chief Justice Roberts providing the swing vote) said that the mandate was nonetheless valid as a conditional exercise of the power to tax. [read post]