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7 Dec 2010, 5:00 am
The term “U.S. nonbank financial company” means a company (other than a bank holding company, a Farm Credit System institution chartered and subject to the provisions of the Farm Credit Act of 1971 (12 U.S.C. 2001 et seq.), or a national securities exchange (or parent thereof), clearing agency (or parent thereof, unless the parent is a bank holding company), security-based swap execution facility, or security-based swap data repository registered with… [read post]
7 Dec 2010, 12:11 am
I can certainly imagine the carriers taking the position that the cost of the company’s compliance or governance activities represents corporate overhead expenses and as such is not covered loss under the company's D&O liability insurance. [read post]
6 Dec 2010, 12:44 pm
Jon B. [read post]
6 Dec 2010, 8:51 am
Under the Dodd-Frank Act, a private fund is an issuer that would be an investment company (as defined in the Investment Company Act (the “ICA”)) but for an exemption under section 3(c)(1) or 3(c)(7) of the ICA. [read post]
6 Dec 2010, 8:28 am
By Matthew B. [read post]
6 Dec 2010, 7:46 am
Mutual Fire Insurance Co. 2003 BCCA 696 at paragraph 12; Craigdarloch Holdings Ltd. at paragraphs 14 and 30; and Tran v. [read post]
6 Dec 2010, 7:04 am
Principal Life Insurance Company, No. 10-10394 (5th Cir. 2010), the plaintiff, Bruce Leipzig ("Leipzig"), brought suit against the defendant, Principal Life Insurance Co. [read post]
4 Dec 2010, 12:04 pm
In this case Atlantic Casualty Insurance Company (Atlantic) insured PV Roofing Corp. [read post]
4 Dec 2010, 12:04 pm
In this case Atlantic Casualty Insurance Company (Atlantic) insured PV Roofing Corp. [read post]
1 Dec 2010, 7:35 am
Moraza and Selective Insurance Company, No. 902-2010-Civil (Pike Co. [read post]
1 Dec 2010, 5:00 am
The Company does not provide directors and officers with liability insurance. [read post]
30 Nov 2010, 11:36 pm
(g)Insurance Tax(h)Tax on the Consumption of Fuel and Oil Derivates(i)Tax on the Transfer of Movable Goods and the Provision of Services(j)Tax on the Consumption of certain Goods and Services(k)Tax on the Transfer of Immovable Goods3.With respect to Article 9 (Costs) of the Agreement, it is mutually understood by theParties that costs that would be incurred in the ordinary course of administering the(a) Federal income taxes;(b) Federal taxes related to employment;(c) Federal estate… [read post]
30 Nov 2010, 9:19 am
It highlights auto insurance companies’ changing roles in insuring truck companies, such as risk management. [read post]
28 Nov 2010, 3:44 pm
We asked the Comptroller General of the United States, Elmer B. [read post]
28 Nov 2010, 8:25 am
As an employer, you must be vigilant in your efforts to protect your company from the few employees who do commit workers compensation fraud. [read post]
28 Nov 2010, 8:12 am
Author Dick Goff is managing member of The Taft Companies LLC, a captive insurance management firm and Bermuda broker at dick@taftcos.com or (410) 296-1500. [read post]
28 Nov 2010, 6:23 am
At a minimum, policyholders must resist insurance company efforts to have it both ways. [read post]
28 Nov 2010, 4:56 am
" Background: Car wreck resulting in $15,000 jury verdict against Seiwell's insurance company to compensate Phyllis Zaleppa. [read post]
23 Nov 2010, 11:17 am
Finally, the regulations apply the prohibited transaction provisions of Internal Revenue Code Section 4975(e)(3)(B) to the new definition of fiduciary. [read post]
22 Nov 2010, 8:47 pm
If the company pays, can the company’s relationship with the inspector be set up in a way that avoids a conflict of interest? [read post]