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Life Insurance Proceeds When you have a life insurance policy on your life, the beneficiary or beneficiaries would be paid directly by the company as long as the contractual conditions were met. [read post]
22 Apr 2020, 9:55 am by Kevin Kaufman
Introduction After expending considerable resources to keep their economies on life support during the COVID-19 crisis, governments at all levels are now looking at ways to relax the current restrictions and allow daily life to return to a new normal. [read post]
20 Apr 2020, 9:58 am by admin
Insurance companies may attempt to blame the victim for the cause of his or her death to avoid paying a claim. [read post]
17 Apr 2020, 1:08 am by Jon L. Gelman
The 911 event raised issues as to insurance company solvency, and Congress enacted .The Terrorism Risk Insurance Act [TRIA] , a United States federal law signed into law by President George W. [read post]
14 Apr 2020, 6:00 am by Paula Lombardi
Eight cities and counties in California, New York City and municipalities in Colorado and Washington State along with Rhode Island have filed civil claims against numerous oil and gas companies. [read post]
13 Apr 2020, 5:38 am by Joe Consumer
For example, New York’s law, as well some laws in other states like Illinois, immunizes nursing homes. [read post]
Many life insurance and long-term disability insurers are allowing coverage to be extended for a limited time after employees are furloughed (i.e., waiving “actively-at-work” requirements). [read post]
6 Apr 2020, 4:14 pm by tvasil
New York:  On April 6th, the New York Department of Financial Services issued updated guidance extending the deadline for regulated insurance entities to respond to the request for information under Insurance Circular Letter No. 5. [read post]
3 Apr 2020, 8:31 am
News flash: ACA exchanges are open and all states have Special Enrollment Periods! [read post]
2 Apr 2020, 9:58 am by Masha Simonova, Nathaniel Sobel
Trump’s declaration only specified Section 1135 of the Social Security Act, which permits the secretary of HHS to waive or modify certain requirements of Medicare, Medicaid, and the Children’s Health Insurance Program and of the Health Insurance Portability and Accountability Act (HIPAA) Privacy Rule throughout the duration of the emergency. [read post]
31 Mar 2020, 8:45 pm by tvasil
New York (applies to Life Insurance as well):  On March 30th, the NY DFS adopted emergency regulation following the issuance of Executive Order 212.13 mandating the deferral of premium payments for life and property and casualty insurance. [read post]
31 Mar 2020, 2:30 pm by Joel R. Brandes
Brandes, titled" Stare Decisis, Precedent and Dicta, appears in the March 2020 issue of the New York State Bar Journal, Vol.92, No. 2 at page 36. [read post]
On March 26, Governor Abbott issued Executive Order GA-11 requiring individuals traveling by plane from New York, New Jersey, Connecticut, or New Orleans to self-quarantine for 14 days. [read post]
  On March 26, Governor Abbott issued Executive Order GA-11 requiring individuals traveling by plane from New York, New Jersey, Connecticut, or New Orleans to self-quarantine for 14 days. [read post]
28 Mar 2020, 12:00 pm by tvasil
   New York:  The Department of Financial Services (“DFS”), in response to inquiries received from regulated insurance persons and entities, issued industry guidance on electronic signatures, records, and transactions. [read post]
In the meantime, however, potential borrowers should refer to the Federal Reserve Bank of New York’s Frequently Asked Questions on the 2008 TALF, as the new TALF program will contain similar terms and conditions. [read post]