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Directors should instead, through their risk oversight role, satisfy themselves that the risk management processes designed and implemented by the company’s risk managers are consistent with the company’s corporate strategy and are functioning as directed, and that necessary steps are taken to foster a culture of risk-aware and risk-adjusted decision-making throughout the organization. [read post]
16 Dec 2009, 10:45 am by Greenberg & Bederman
Every health insurance option that you have in the D.C. metropolitan area is either a direct subsidiary of an enormous health insurance conglomerate or is an enormous health insurance conglomerate. [read post]
15 Dec 2009, 9:42 am
How do we train patient navigators to direct appropriate services for clients? [read post]
14 Dec 2009, 1:29 am by Kevin LaCroix
The FDIC’s motion papers explain, in footnote 4, that the FDIC sent the letter to the bank’s primary and first level excess D&O insurers, but not to the second and third level excess D&O insurers, because the second and third level excess insurer’s policies "contain a regulatory exclusion. [read post]
13 Dec 2009, 8:58 pm by smtaber
— Ross Douthat, The New York Times, December 9, 2009 In his column today, my colleague Thomas Friedman argues eloquently for a Dick Cheney-esque, “one percent doctrine” approach to climate change, which would treat caps on greenhouse emissions as a rational way to “buy insurance” against a potentially catastrophic outcome. [read post]
12 Dec 2009, 6:14 pm by Pamela Pengelley
NOTE: The following article is directed to subrogating insurance companies who have obtained judgments against defaulting creditors, however the methods of enforcement discussed below are not limited to subrogated actions and apply more generally to civil judgments for damages that are to be enforced in Ontario. [read post]
11 Dec 2009, 2:24 pm by Mandelman
And yet, as General Motors learned at the end of 2008, there is little support for such lending. [read post]
11 Dec 2009, 11:38 am by James Hamilton
In an effort to mitigate this reporting burden, the Council is directed to rely, whenever possible, on information already being collected by the SEC and other financial regulators. [read post]
11 Dec 2009, 9:30 am
Raich is the best case defenders have to justify this unprecedented mandate of a private person to enter into a contract with a private company simply because the person is alive. [read post]
9 Dec 2009, 2:08 pm by Cailie Currin
In the past, I would have been much more inclined to view this as a dispute between life settlement and life insurance companies than I do now after reading Mr. [read post]
7 Dec 2009, 12:29 pm by Kenneth Vercammen NJ Law Blog
NEWJERSEYTRANSFER INHERITANCE TAX instructions and ESTATE TAX GENERAL New Jersey has had a Transfer Inheritance Tax since 1892 when a 5% tax was imposed on property transferred from a decedent to a beneficiary. [read post]
7 Dec 2009, 10:43 am
It also includes language that some believe could require insurance companies to expand their coverage for alternative therapies, on which Americans now spend $34 billion a year. [read post]
6 Dec 2009, 6:48 pm
The Legacy Loans Program, being crafted by the Federal Deposit Insurance Corp., is part of the $1 trillion Public Private Investment Program the Obama administration announced in March as a way to encourage banks to sell securities and loans weighing on their balance sheets to willing investors. [read post]
5 Dec 2009, 12:33 pm
Sometimes the pendulum swings too far in one direction or another, and when that happens, lawmakers and judges tug it back toward the middle of the path. [read post]
5 Dec 2009, 12:33 pm
Sometimes the pendulum swings too far in one direction or another, and when that happens, lawmakers and judges tug it back toward the middle of the path. [read post]
4 Dec 2009, 2:00 pm by Michael Thomas
(“MedCentra”) was a third party service provider which provided MRI examinations to persons who were involved in motor vehicle accidents and who were insured persons under standard automobile policies of insurance Economical Mutual Insurance Company (“Economical”). [read post]
4 Dec 2009, 6:31 am
In addition to using risk management “defensively” to protect the company, the board should consider whether the company is properly positioned to take risks for the sake of growth and development. [read post]