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24 Jan 2022, 8:38 am by Katherine Pompilio
The panel will feature Steven B. [read post]
20 Jan 2022, 12:16 pm by Kevin LaCroix
  *********************   Our data and analyses indicate that global litigation exposure to securities class actions that allege violations of the federal securities laws under Section 10(b) and 20(a) of the Securities Exchange Act and SEC Rule 10b 5 promulgated thereunder, amounts to $100.1 billion in the fourth quarter of 2021. [read post]
19 Jan 2022, 1:21 pm by luiza
The Swiss insurance company will pay $77 million and enter into a deferred prosecution agreement, admitting that they conspired with U.S. taxpayers to conceal more than $1.452 billion in assets and income in offshore insurance policies and related policy investment accounts that operated as abusive tax shelters. [read post]
19 Jan 2022, 1:21 pm by luiza
The Swiss insurance company will pay $77 million and enter into a deferred prosecution agreement, admitting that they conspired with U.S. taxpayers to conceal more than $1.452 billion in assets and income in offshore insurance policies and related policy investment accounts that operated as abusive tax shelters. [read post]
18 Jan 2022, 9:05 am by Katherine Pompilio
The committee will hear testimony from Willy C. [read post]
18 Jan 2022, 5:53 am by John Jascob
”Better Markets’ four suggestions asked the Commission to consider: (a) requiring reporting on the use of collateral; (b) reevaluating the proposal’s timing deadlines; (c) closing any potential loophole that would permit evasion by characterizing securities lending transactions as repurchase agreements; and (d) deem the proposals merely a first step in addressing short-selling issues.Better Markets considers securities lenders reporting their collateral use in… [read post]
15 Jan 2022, 9:19 am by J
(c) are freeholders happy about this? [read post]
12 Jan 2022, 5:42 am by Kevin LaCroix
The multiple capacities in which Braunstein is named could present significant D&O insurance complications. [read post]
11 Jan 2022, 7:10 am by Rob Robinson
(Interest/Understanding) Bifurcation of the market between providers that have the ability to insure work (i.e., provide the appropriate insurance coverage) against cyber, geographical, and business risks, and those that do not have the ability to insure work against cyber, geographical, and business risks. [read post]
6 Jan 2022, 11:36 am by Joe Consumer
Surplus - the extra money medical malpractice insurers set aside over and above what they keep for expected losses - did what during pandemic: Dropped Stayed the same Increased The answer is “c. [read post]
2 Jan 2022, 4:00 am by Administrator
The necessary inference to be drawn from the express language of s. 95(2.4)(b) is that Parliament chose not to include a competition element in the financial institution exception. [read post]
29 Dec 2021, 12:00 pm by Kevin LaCroix
  The implications for insurers D&O insurers should assess the climate-related risks to insureds based on governance issues, continuous disclosure obligations and the insured’s interactions with institutional investors. [read post]
29 Dec 2021, 5:30 am by Dawn Zoldi
The other members include three attorneys from the Justice Department, including Casen B. [read post]
23 Dec 2021, 4:47 am by Russell Knight
Modifications are then made based on who pays the child’s daycare, health insurance and whether the non-custodial parent has 40% or more of the overnights. [read post]