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2 Jul 2020, 11:53 am by Liskow & Lewis and Randye Snyder
Section 2202 also provides that: (1) for loans made during on or after March 27, 2020 (the date of enactment of the CARES Act) and before September 23, 2020, the limit on loans from an eligible retirement plan is raised to the lesser of $100,000 (reduced by the excess of outstanding loans) or 100% of the participant’s vested accrued benefit; and (2) for loans with outstanding balances on or after March 27, 2020, a one-year delay in loan repayment due dates is… [read post]
2 Jul 2020, 8:40 am by Kristian Soltes
“A level playing field and technological neutrality are crucial,” the insurance and pensions regulator said. [read post]
Additionally, employers may actually be required to provide part-time employees with benefits, such as paid leave and disability insurance, under state or local laws. [read post]
1 Jul 2020, 11:20 am by Alex Oliveira
This could mean that the insurer has underpaid this entire time and conveniently omitted the Medpay limits. 2) It’s very possible that the PIP insurer has paid for bills that were mailed in an untimely manner by other medical providers. 3) It’s also possible that the PIP insurer has paid for bills that shouldn’t have been paid, i.e. massage, acupuncture, etc. [read post]
1 Jul 2020, 10:59 am by Sherwin Root and John Dineen
Updated TRID FAQs Providing Closing Disclosures to Consumers: If separate CD’s are provided to the seller and the consumer, does the TRID Rule require that seller-paid Loan Costs and Other Costs be disclosed on page 2 of the consumer’s CD? [read post]
1 Jul 2020, 8:52 am by Richard J. Andreano, Jr.
The proposed revisions would (1) revise and reorganize the existing Q&As into new categories by subject to enhance clarity and understanding for users, and (2) introduce new Q&As on the escrow of flood insurance premiums, force placement of flood insurance, and the detached structures exemption. [read post]
1 Jul 2020, 3:44 am by Daniel Nevzat (UK)
The guide provides detail on the most material and applicable risk types relating to climate across the financial sector, which include insurance underwriting, credit, operational and financial market risks. [read post]
30 Jun 2020, 3:58 pm by skelly
All Lines of Insurance New York:  On June 28, the New York State Department of Financial Services issued a consolidated rulemaking, which implements the Governor’s Executive Order Number 202 by providing certain relief to policyholders, contract holders, and insureds (collectively, “insureds”) who can demonstrate financial hardship as a result of the COVID-19 pandemic, by: (1) amending 11 NYCRR section 185.7(m)(4) and 11 NYCRR… [read post]
30 Jun 2020, 7:17 am by Howard D. Geneslaw and Brendan J. Kelly
Gibbons can also provide ongoing legal advice to businesses that have reopened in accordance with their state and local guidelines. [read post]
29 Jun 2020, 12:52 pm by Unknown
The Bill passed Colorado’s Legislature is currently awaiting signature of the Governor. 2. [read post]
29 Jun 2020, 7:11 am by Alex Oliveira
The employer is required to provide medical and lost wage benefits through the insurance policy. [read post]
29 Jun 2020, 4:10 am
” Such paperwork must include an affidavit from a "person with knowledge of the facts," advising the court whether or not that the impacted tenant is eligible for unemployment benefits or insurance or "otherwise facing financial hardship due to the COVID-19 pandemic. [read post]